About this role
Role
We are looking to hire a Senior Quant Modeler to join our Private Asset Market Risk team. This individual would have a strong background in quantitative research, have demonstrable leadership skills as well as proven experience to work in a team environment, collaborating/guiding junior modelers and engineers. This person is expected to join as an individual contributor, initially leading key model governance initiatives and establishing proper governance and monitoring of the models and gradually stepping into a modeling role leading core risk methodologies.
The Private Asset Market Risk team builds a range of models, including private equity, real estate, credit, infrastructure, and hedge funds. and they are built with sophisticated econometric/statistical methods and tools. The models themselves have real practical value and are used by portfolio managers, risk managers, and allocators and influence investment activity. These models have a very large footprint of usage across the entire Aladdin client base, and so we place special emphasis on implementing models that scale with our growing Analytics’ business and ensuring adherence to BlackRock’s rigorous standards of model governance. This individual would be primarily focused on full revaluation models, which span multiple private asset strategies and lead to accurate risk assessment of these products. There are also a lot of opportunities to work across asset classes and drive synergy and innovation in conjunction with senior modelers in the global team.
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 6+ 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
Demonstrated exposures to model lifecycle and model governance, including performance monitoring and producing high quality technical documentation (whitepapers, specifications)
Advanced degree in quantitative discipline – master/Phd’s in Economics/Computational Finance / Financial Engineering / Statistics / Applied Mathematics, etc.
Familiarity with financial products/risk management processes is a strong plus.
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
Strong proficiency in Python for data-science workflows, hands on experience with numerical libraries (NumPy, pandas, SciPy), along-with experience with structured codebases. Proficiency with C++ is a plus.
Proven track-record of working on cross-functional projects spanning quantitative, technology and validation teams. Experience owning or contributing to multi-month (6+ months) delivery initiatives, managing dependencies and milestones
Senior enough to engage confidently with peer-level and senior-stakeholders (risk managers, model validation and technology leads)
Competencies
Demonstrates end-to-end ownership mindset for a critical modeling estate, including design, implementation, monitoring, documentation, and ongoing enhancement
Applies structured thinking to decompose complex modeling and monitoring problems.
Writes clean, readable, and well-structured code with appropriate abstractions
Comfortable balancing quantitative depth with engineering pragmatism
Capable of driving initiatives from concept to production in ambiguous and evolving problem spaces. Manages timelines, dependencies, and trade-offs effectively across extended delivery cycles
Communicates with confidence and precision, especially when representing complex models or frameworks
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
Ability to synthesize requirements from multiple stakeholders and translate those into actionable plans
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
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.
