About this role
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Aladdin Financial Engineering (AFE):
AFE is a diverse and global team with a keen interest and expertise in all things related to technology and financial analytics. The group is responsible for the research and development of quantitative financial and behavioral models and tools across many different areas – single-security pricing, prepayment models, risk, return attribution, liquidity, optimization and portfolio construction, scenario analysis and simulations, covering all asset classes. The group is also responsible for the technology platform that delivers those models to our internal partners and external clients, and their integration with Aladdin.
AFE conducts leading research on the areas above, delivering state-of-the-art models. AFE publishes applied scientific research frequently, and our members present regularly at leading industry conferences. AFE engages constantly with the sales team in client visits and meetings.
Role:
We are looking to hire a quantitative modeler to join Aladdin Financial Engineering. This individual would have a strong background in quantitative research, have some experience with project management skills as well as proven experience to work in a team environment, collaborating with peer researchers and engineers, looking to also collaborate with team members in other regions. This person is expected to join as an individual contributor, leading research and development of model governance workstreams and gradually grow into an experienced researcher with expertise to represent and present our models and analytics to internal stakeholders and Aladdin clients.
You can...
Work at one of the world’s top FinTech companies. We sell our Aladdin analytics platform to over 100 of the top global financial institutions and corporations, handling many trillion USD of assets
Help develop and deploy quantitative financial models and portfolio analytics that are used to manage most of the money of the world’s largest asset manager
Bring all yourself to the job. From the top of the firm down we embrace the values, identities and ideas brought by our employees
Skills & Qualifications:
Research/Analytics professional with 3+ years of solid experience in quantitative/statistical modeling. Experience with market risk/factor models and portfolio risk analytics (VaR, Tracking Error, Stress Testing) is strongly preferred
Undergraduate Actuary / Statistics / Applied Mathematics / Econometrics, advanced degree in a quantitative discipline is a plus.
Familiarity with financial products/risk management process is a strong plus.
Exposure to model backtesting, quality controls, and validation is highly desirable
Hands-on experience with statistical software (e.g., Python, R, MATLAB) and strong background in programming, Python in particular, is strongly preferred
Experience with large data set and various machine learning algorithms a plus
Prior work experience in financial modeling (e.g., risk models, analytics) or data science and model deployment to production environment is a strong plus
Competencies:
Strong desire to apply quantitative skills to address financial problems and issues that BlackRock encounters in the course of business
Strong analytical skills, attention to detail and strong work ethics
Possesses a positive attitude and ability to work both independently and as part of a team (within a department or in an inter-departmental/virtual setting), in a fast-paced environment
Possesses excellent communication and presentation skills
Ability to synthesize requirements from multiple stakeholders and translate those into actionable plans
Organized in carrying out the responsibilities, possess strong time management skills and should be high on focus
Management experience is preferred but not a must-have.
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
- 3+ years of experience in quantitative/statistical modeling
- Experience with market risk/factor models and portfolio risk analytics (VaR, Tracking Error, Stress Testing)
- Undergraduate degree in Actuarial Science, Statistics, Applied Mathematics, Econometrics, or related quantitative discipline
- Familiarity with financial products and risk management processes
- Exposure to model backtesting, quality controls, and validation
- Hands-on experience with statistical software (Python, R, MATLAB); strong programming background, especially Python
- Experience working with large data sets and various machine learning algorithms
- Prior work experience in financial modeling, data science, and deploying models to production
- Strong analytical skills, attention to detail, and strong work ethic
- Excellent communication and presentation skills; ability to synthesize stakeholder requirements
- Management experience
BlackRock Compensation & Benefits Highlights
-
Retirement Support — A 401(k)/Retirement Savings Plan with a stated company match formula (subject to plan caps) alongside an Employee Stock Purchase Plan is prominently featured. Feedback suggests these elements make the financial-wellness offering a notable strength among large employers.
-
Parental & Family Support — Paid parental leave of at least 16 weeks for primary caregivers, plus adoption support, fertility benefits, and child/elder back‑up care, is highlighted across materials. Offerings are substantial, with specifics varying by location.
-
Leave & Time Off Breadth — Flexible Time Off for many U.S. salaried roles, paired with sick and bereavement leave, provides generous time‑away options. Wellness resources such as free access to Calm and an Employee Assistance Program further support rest and recovery.
BlackRock Insights
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.
Gallery
BlackRock Teams
BlackRock Offices
Hybrid Workspace
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.
