BlackRock

Associate, Investment Risk

BlackRock  •  New York (Remote)  •  23 days ago
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Job Description

About this role

Business Overview

BlackRock’sRisk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risksRQA’smission isto advance the firm’s risk management practices and to deliver independent riskexpertiseand constructivechallengeto drive better business and investment outcomesRQA’s risk managers play ameaningfulrole in BlackRock’s investment process,using quantitative analysis and a multi-disciplinary skillset totackle real-world problemsandprovide tangible solutions in the investment management process.

RQA is committed to investing in our people to increase bothindividual enablement anda strong collaborative environment.As a global grouplocatedall around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation,diversityand thedevelopmentour future leadersWe actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.

What the RQA group at BlackRock has

  • A team ofoutstandingrisk managers partnering with portfolio management teams to oversee our clients’ portfolios

  • Global colleagueswithsubject matterexpertisein investing, macroeconomics, financialmodelingand strategy

What you have

  • A degree inaquantitative field, e.g.,mathematics, computer science, economics,engineering

  • An ability to explain complex ideas in simple but impactful termsand proven ability to use effective communication to influence outcomes

  • Strong analytical skills toidentifyemerging risks, summarize issues and explain risk trends

  • A passion for applying quantitative techniques to real-world problems andbeing a student of thefinancial markets

  • Ability to work with large dataset, conduct risk analysis and quantitative risk management related research projects

  • An understanding of the fundamental principles of risk management including risk estimation methodologies, stresstestingand attribution

  • A love of models, an understanding oftheirlimitations and a desire to improve them

  • Enthusiasm and energy combined with a constant desire to challenge the status quo and to drive operational excellence

  • Proven coding skills in Python, etc.

  • Machine learning and LLM experience and skill is a plus

  • FRM or CFA designation or other industry certifications (or are working towards one)is a plus

  • Minimum 2-3 yearsworkingexperience


For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . 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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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 Disability.Assistance@blackrock.com 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.

BlackRock

About BlackRock

BlackRock is a global asset manager and technology provider dedicated to helping more and more people experience financial well-being.

We help millions of people invest to build savings that serve them throughout their lives. We always start with our clients’ needs and look to offer them more quality choices for how and where to invest their money.

Our global investments platform offers our clients access to the world’s markets while making investing easier and more affordable. And with offices in more than 40 countries, our global expertise helps them navigate changing markets to stay ahead of the curve.

Follow us for global insights shaping the economy, conversations about financial well-being and more information on culture and careers at BlackRock.

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
1988
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