Aladdin Wealth Tech, Client Delivery & Execution Analyst

About this role

BlackRock Company Description:

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2023, the firm managed approximately $9.1 trillion in assets on behalf of investors worldwide.

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

Overview:

BlackRock Solutions (BRS) is uniquely positioned to address the industry’s risk management, portfolio construction and financial technology demands. The various business departments within BRS are focused on providing clients with customized solutions powered by Aladdin, BlackRock’s proprietary risk management system, to their most complex capital market driven and investment related challenges within the ambit of portfolio analytics & risk management, liability-driven investing & pension solutions, and regulatory advice & balance sheet strategy.

The Analyst will join Client Delivery and Execution team within Aladdin Wealth Tech in Gurgaon for funds as a product function. This team is responsible for modeling and maintaining fund risk analytics within Aladdin and for funds held by our Wealth clients in addition to generating fund and client specific factor-based insights. We leverage BRS risk models and bespoke methodologies to generate risk for funds globally.

Responsibilities:

• Create, maintain, and deliver risk analytics to the clients for a large part of the Mutual Fund and ETF universe across the globe.

• Continuously streamline and automate the funds data management and risk generation process through production and engineering improvements.

• Development and maintenance of scripts in R or Python for data analysis as part of research or ongoing projects.

• Provide ongoing development maintenance of existing application functionality, working closely with the client support teams to address issues that are escalated for resolution.

• Engage, co-ordinate within a global team on multiple projects in a continuously evolving business environment.

• Follow the Global markets and perform ad-hoc analysis to capture impact of major market events on client portfolios’ risks and investment decisions.

Qualifications:

• Outstanding academic achievement: Undergraduate/Post Graduate Degree in Engineering, Statistics, Business Management or equivalent.

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

• Strong hands-on experience in Unix, SQL and Power BI would be an added advantage.

• Strong inclination and progress towards learning and implementing newer technologies like Python and R.

Skills/ Requirements:

Industry Related Competencies:

• 0-1 years of work experience in similar role.

• Strong knowledge of portfolio risk and portfolios management concepts.

• Deep understanding of multi-asset portfolios and their pricing and risk characteristics.

• In depth understanding of products like Mutual funds and ETFs, different portfolio strategies across asset classes like equity, fixed income, allocation, commodity, alternatives, etc. Sound understanding of financial concepts for different instruments across equity/Fixed income/ Commodity/ Derivatives, etc.

• Any experience in wealth management and portfolio management services role will be an added advantage.

Soft Skills:

• Good Spoken and Written Communication skills to enable working with teams in multioffice, multi-country environment across several time zones.

• Deliver high level of service through responsiveness and accuracy & has an eye for detail.

• Excellent problem-solving and critical-thinking skills and an ability to identify problems, design and articulate solutions and implement change.

• Enjoys a fast-paced, high-intensity environment.

• Flexibility of shift timings.

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.