About this role
Job Purpose/Background:
The Index Fixed Income (IFI) team has responsibility for managing Blackrock’s Index Fixed Income portfolios, including Exchange Traded Funds (ETFs), mutual funds, & segregated mandates. The IFI team liaises closely with many areas of Fixed Income and is responsible for ensuring that Fixed Income portfolios are managed efficiently and in a consistent and risk-controlled manner.
BlackRock’s IFI business is the leading index investment group in the world. We help investors build better portfolios with the industry’s leading suite of index investment tools. We manage over $1.5 trillion in global index fixed income assets across Developed and Emerging Markets. Our clients include corporate and public pension plans, central banks, sovereign wealth funds and retail investors.
The PM Architecture team develops portfolio construction algorithms to improve investment performance and increase automation across IFI globally. Algorithms, such as rebalancing funds to target and facilitating client flows, are essential to the performance and growth of our ETF & non-ETF Fixed Income index funds. Platform Engineers are responsible for algo environments, which facilitate rapid research, development and deployment. They are experts in building robust infrastructure and are key partners with Aladdin to ensure resiliency in production.
A successful candidate will have strong technical expertise in building and maintaining rapidly evolving software environments, especially within financial markets and across various operating systems. They should possess strong programming skills, particularly in Python, and be proficient in cloud technology. Effective communication and collaboration skills are essential, as the role involves working closely with investors and engineers.
Key Responsibilities:
Developing and maintaining the testing and production environments to support a rapidly growing business and the accelerated life cycle of portfolio construction algorithms.
Collaborating closely within the PM Architecture team to design and implement robust infrastructure solutions and common algo components that enhance the impact and efficiency of IFI algorithms.
Ensuring the resiliency and reliability of Algo Platform, which supports over 2 million IFI algo runs annually, in partnership with Aladdin, BlackRock's risk management and investment platform.
Maintaining telemetry systems to monitor the performance and health of development environments and algorithms, ensuring timely detection and resolution of issues.
Managing a comprehensive testing framework to validate the accuracy and reliability of algorithms and infrastructure components.
Driving innovation by leveraging cutting-edge technologies and best practices to continuously improve the performance and scalability of the platform.
Providing technical leadership and mentorship, fostering a culture of collaboration and continuous learning within the team.
Skills/Qualifications:
Strong quantitative background (at least BA/BS in Maths/Science/Engineering/related discipline)
4- 6 years of experience in similar industry
Extensive experience with Python in production environments
Practical knowledge of cloud technologies e.g. Docker, CI/CD pipelines
Working knowledge of Fixed Income markets
Excellent problem-solving skills and process-oriented approach
Excellent teamwork and communication skills
Knowledge of BlackRock Aladdin tools beneficial
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Top Skills
What We Do
BlackRock is a global asset manager. We help investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Our founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today.
We challenge businesses to reach higher standards. We use technology to think beyond what’s possible. We provide investment solutions for every need. We aim to simplify a complex world. We help chart paths towards financial health. We are BlackRock, and we are invested in your financial well-being.
Follow us for global insights shaping the economy, thought leadership, and more information on culture and careers at BlackRock.
https://www.blackrock.com/corporate/compliance/social-media-guidelines
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
Gallery
BlackRock Offices
OnSite Workspace
