Analytics Specialist, Associate: Aladdin Financial Engineering - Portfolio Analytics Group

Associate, Portfolio Analytics Group

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's mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. 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.

Role Description

The Portfolio Analytics Group (PAG) is responsible for the research and development of applied solutions for BlackRock. This group is part of the Aladdin Financial Engineering (AFE) division which contributes more generally to the production of analytics and models to portfolio and risk management professionals both within and outside BlackRock. Given the diversity of business objectives within BlackRock and across the external Aladdin client community, the models developed and supported by AFE span a wide array of financial products (equities, fixed income, commodities, derivatives, and private markets). PAG Private Financing Analytics (PFA) is looking to hire a highly motivated Associate in New York. The successful candidate will engage with stakeholders in private markets business and drive the deployment of advanced analytical solutions to complement the Aladdin suite of products. The candidate would have a strong understanding of fixed income analytics within private markets, comprehensive knowledge of investment processes and ability to communicate effectively to drive impactful outcomes.

Key Responsibilities

• Manage relationships with senior portfolio managers and investment leaders to build a roadmap of strategic initiatives and deliverables
• Build innovative solutions for analysis of investment process, portfolio construction and relative value
• Build a strong understanding of Aladdin analytical capabilities
• Build partnerships with other quantitative researchers across AFE and Engineering teams
• Encourage dialogue/communication around private market analytics and market movements in relation to business needs
• Communicate analysis and solution outputs clearly through meetings and presentations

Key Qualifications/Experience Include

• 3+ years of experience working with financial modeling techniques with proven experience in using technology to deliver analytical solutions
• Experience and proven success in leading cross-functional, technical projects
• Strong Python programming skills – including working knowledge of analytical libraries and of complex codebase
• Proficiency with software development process tools such as ADO, GIT etc.
• Excellent interpersonal skills with the ability to build strong relationships with portfolio managers, department heads and Aladdin Engineering teams
• Strong communication skills with the ability to communicate effectively on all aspects of the team's impact to both technical and non-technical stakeholders
• Team player with the ability to foster connectivity across regional offices and teams
• High degree of adaptability, intellectual curiosity, and professional maturity to thrive in a fast-paced, evolving environment. Proven ability to deliver high-quality output under tight deadlines.

Aladdin Financial Engineering (AFE)

Join a diverse and collaborative team of over 300 modelers and technologists in Aladdin Financial Engineering (AFE), the business responsible for the research and development of Aladdin's financial models. This group is also accountable for analytics production, enhancing the infrastructure platform and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFE provides investment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise.

For New York, NY Only the salary range for this position is USD$132,500.00 - USD$162,000.00. 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.

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.