Vice President, Quantitative Research

About this role

Company: BlackRock Financial Management, Inc.

Job Title: Vice President, Quantitative Research

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Research, develop, and implement state-of-the-art quantitative models used to assess financial risks across fixed income, equities, derivatives, and alternative products. Utilize modeling research and collective intelligence to deliver quantitative solutions and insights to help analyze investments and manage risk. Apply mathematical and programming techniques to develop models and analytics for areas such as interest rates, equities, and mortgages. Collaborate with partners across the organization to empower our large number of clients to manage their investments and risks. Architect our analytics platform to provide accurate, scalable, and reliable quantitative insights. Build and evolve applications to better deliver our analytics and models to clients. Apply fast-growing technologies such as machine learning and cloud computing to enable more powerful modelling and analysis. Build and implement new and improved financial models on the Aladdin platform. Engineer next-generation data and model platforms through use of cutting-edge technologies. Apply quantitative and analytical skills to solve business problems and fulfill client requests. Build financial and statistical knowledge while improving quantitative skills.

Qualifications: Master’s degree (or foreign equivalent) in Applied Mathematics, Financial Mathematics, or related quantitative field; and five (5) years of experience as an Investment Banking Vice President, Financial Quantitative Analyst, Financial Consultant, Financial Engineer, or related role.

1. Five (5) years of experience with financial modeling, python programming, and financial derivative products such as term structure modeling of interest rates, risk neutral valuation, derivatives pricing and risk, in-depth knowledge of stochastic modeling, programming of large code base in Python.

2. Three (3) years of experience with mortgage products including pricing and risk of TBAs, IOs and inverse IOs. Understanding of fundamental principles of prepayment modeling and its impact on MBS valuation.

3. Two (2) years of experience with interest rate modeling including building extended models to incorporate identified missing risk factors using C++ programming.

To apply, please click “Apply” on this webpage.

 

For New York, NY Only the salary range for this position is USD$208,800.00 - USD$215,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.