
About this role
Join a diverse and collaborative team of over 400 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, 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. AFEprovidesinvestment 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.
We are looking to hire asenior quant modeler(VP) to join ourPrivate Asset MarketRisk Modeling teamto drive the development of riskfactormodels for private marketinvestments
The Private Asset Market Risk team builds a range of models, including private equity, real estate, credit, infrastructure, and hedge funds,with sophisticated econometric/statistical methods and tools.
Thesemodels have real practical value andhavea very largefootprint of usage across the entire Aladdin client baseincludingportfolio managers, risk managers, and allocators and influence investment activity.
As a result, we place special emphasis ondevelopingmodels that scale with our growing Analytics’ business and ensuring adherence to BlackRock’s rigorous standards of model governance.
This individual would have a strong background in quantitative research, have demonstrable project management skills as well as proven experience to work in a team environmentas well as collaborating with senior modelers from other groups/regions.
This person is expected to join as an individual contributing to the
design and development of our private market risk models, particularly intheprivate credit(i.e., real estate debt,infrastructure debt) space.
About the role
Developprivate credit risk factor modelsand back test, document, and guide new models and methodologies through validation
Collaborate with partner teamson modelproductionization
Build andmaintainmodel governance controls, including (but not limited to) model performance monitoring, model documentation, model remediations and supporting internal & external client model validations
Communicate (verbally and in writing) with internal stakeholders and external clients on the design,backtesting, and usage of the models. Discuss model performance regularly, investigate exceptional model performance, diagnoseissuesand conduct corrective remediations
About you
Extensiveexperience in quantitative field / statisticalmodeling Experience withone or more of the following is preferred:riskfactor models and analytics,domain knowledge offixed income securities, applications of ML/AI techniques
Master’s or PhDdegree in a quantitative disciplineor one that relates to application of quantitative techniques in finance (financialengineering, mathfinance, etc.) Master’sdegreewith5+yearsor PhD degree with 3+years of experience.
A strong background indata-drivenquantitative research, econometrics, and empirical asset pricing
Hands-on experience with statisticalmodeling throughsoftware (e.g.,Python,R) andstrongbackground in programmingProficiencywith Python isrequired
Experience with data handling (ETL, data joining with SQL, cleaning, processing, summarizing, descriptive analysis), and building and back-testing statistical and econometric models
Knowledge of investments, portfolio management is preferred
Experience with any version control system (e.g., git) is strongly preferred
Prior work experience in financial modeling (e.g., risk models, analytics,pricing/valuation models) or data science and model deployment to production environment isa plus
Resourcefulness and strong problem-solving skills even in the face of constraints, limited options, or uncertainties
Ability to work effectively with a team of highly motivated individuals
Time and project management skills
Proventrack recordof guiding junior talent
Positive attitude and ability to work both independently and as a part of a global team in a fast-paced environment
Excellent communication and presentation skills
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

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