Portfolio Risk Modeler Data Lead, Vice President I

Posted 4 Days Ago
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New York, NY, USA
In-Office
170K-225K Annually
Senior level
Fintech • Information Technology • Financial Services
Bringing together tech and market expertise to help people build better financial futures.
The Role

About this role

BlackRock – Aladdin Financial Engineering (AFE)About the Role

We are seeking a VP-level Data Lead to drive the data domain supporting global multi-factor Portfolio Risk models across fixed income and equity.

This role is responsible for end-to-end execution and ownership of data quality, validation, and usability across the modeling data lifecycle. The VP will partner closely with modeling, engineering, and upstream data teams to ensure that data powering portfolio risk models is robust, well-governed, and aligned with modeling requirements.

The role combines strategic judgment with hands-on execution, with an initial focus on model input data onboarding and quality control, expanding over time to derived data, QC frameworks, and integration of new datasets.

Domain & Data Scope
  • Market data (prices, yields, spreads, returns) across regions and time zones
  • Firm fundamentals and issuer-level financial metrics
  • Bond-level characteristics and reference/security master data
  • Fixed income analytics such as durations and spreads
  • Equity returns, factor inputs, and cross-asset pricing series

Scope also includes:

  • Derived model data (factor exposures, covariance matrices, risk decompositions)
  • Model validation metrics and QC monitoring frameworks
  • Research and exploratory datasets, including structured and unstructured sources
Key ResponsibilitiesData Domain Execution & Ownership
  • Own the data domain for portfolio risk models, ensuring high standards of data quality and usability
  • Ensure data meets requirements for accuracy, completeness, consistency, and timeliness
  • Define and evolve scalable QC frameworks aligned with modeling needs
  • Drive improvements in data integration into modeling workflows
Quality Control & Validation
  • Design and implement data validation rules and QC logic
  • Establish monitoring across input and derived model data
  • Ensure traceability, documentation, and reproducibility of model data
  • Prioritize improvements based on impact to model performance and stability
Cross-Functional Delivery
  • Partner with portfolio risk modeling teams to translate requirements into data solutions
  • Collaborate with data engineering teams to define and implement data pipelines
  • Engage with upstream data providers to improve data quality and reliability
  • Drive resolution of data issues across teams with strong ownership
Data Evolution & Research Enablement
  • Lead onboarding and evaluation of new datasets for modeling and research
  • Define governance approaches for structured and unstructured data integration
  • Support adoption of advanced techniques (including AI/ML where relevant)
Leadership & Communication
  • Drive execution across global, cross-functional stakeholders
  • Provide clear, structured updates on data quality, risks, and initiatives
  • Promote accountability and strong execution standards across partners
Experience
  • 8–12+ years supporting data in quantitative modeling, risk, or analytics environments
  • Strong familiarity with global fixed income and/or equity datasets
  • Experience driving data initiatives across multiple teams and workflows
Required Skills
  • Deep understanding of data lifecycle, QC frameworks, and validation processes
  • Strong grasp of portfolio risk modeling data requirements
  • Ability to prototype and validate data logic (Python/SQL or similar)
  • Strong stakeholder management and execution focus
  • High ownership, attention to detail, and delivery mindset
What Success Looks Like
  • Data supporting models is high quality, well-governed, and consistently reliable
  • QC frameworks are robust, scalable, and aligned with modeling use cases
  • Data onboarding is efficient and integrated into modeling workflows
  • Cross-team data initiatives are delivered with clear ownership and outcomes
  • Modeling teams experience smooth, predictable data workflows
For New York, NY Only the salary range for this position is USD$170,000.00 - USD$225,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.


Guidance on AI use for candidates


At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.


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.


To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

Skills Required

  • 8-12+ years supporting data in quantitative modeling, risk, or analytics environments
  • Strong familiarity with global fixed income and/or equity datasets
  • Experience driving data initiatives across multiple teams and workflows
  • Deep understanding of data lifecycle, QC frameworks, and validation processes
  • Strong grasp of portfolio risk modeling data requirements
  • Ability to prototype and validate data logic (Python/SQL or similar)
  • Strong stakeholder management and execution focus
  • High ownership, attention to detail, and delivery mindset
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The Company
HQ: New York, New York
25,000 Employees
Year Founded: 1988

What We Do

As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com

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.

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Employees engage in a combination of remote and on-site work.

BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.

Typical time on-site: 4 days a week
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