Associate - Artificial Intelligence (AI)- BGM

About this role

BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s index equity, index fixed income, global trading, securities lending, cash management, ETF markets, and financing and financial resource management businesses to deliver investment, trading, financing and risk management excellence for clients every minute of every day.

The AI Office within BlackRock Global Markets & Index Investments (BGM) is a newly established function that is focused on transforming our businesses with the use of AI, with 3 specific goals : scaling the investment process to increase productivity, generating insights to deliver performance and identifying revenue opportunities to grow our business. We will achieve these goals by developing a cohesive AI strategy for BGM, helping drive prioritization and governance and connecting with partners across the Firm on AI initiatives. Also critical is the acceleration of our execution plans for AI, helping run pilots and proof of concepts to final deployed products and the incubation of AI DNA into BGM, bringing in new skills to make us better technologists and help amplify our collective impact. To this end, a BGM AI Center of Excellence is being established in Gurgaon to be a key driver of the program and a great central partner to all BGM functions in delivering on our AI goals.

Job Purpose/Background:

The BGM AI office is looking for a dynamic individual to join their AI Center of Excellence team, that will work with all BGM functions (encompassing Trading, Index Equity, Index Fixed Income, Securities Lending, Cash, Financing and Counterparty Relationship Management teams) to build core AI capabilities. The primary job responsibilities include research and development of use cases on language models (LLMs) and build out of quantitative/ML based components to accelerate our execution on BGM’s AI strategy. The team will focus on identifying key AI ideas for BGM, incubating and delivering Proof of Concepts and working with businesses to roll out successful pilots to production workflows. The work will also involve building common platforms and toolkits for use by in-business partners and helping raise the AI skillset for all of BGM.

Key Responsibilities:

• Partner with in-business teams on the design and development of AI models/use cases for key BGM initiatives, focusing on the technical build and evaluation of Proof of Concepts towards Production, especially in the fast moving Generative AI space

• Be a subject matter expert and a resource for large language models (LLMs)/ Natural language processing work within BGM

• Build quantitative/ML models as needed and in partnership with research and data science teams within BGM and at the Firm

• Create common tools and platform solutions that can be useful across multiple BGM use cases, leveraging and adapting Firm technology where applicable

• Work with BGM’s data engineering teams to source new datasets for AI modeling

• Work with BLK’s central AI office and other AI-forward teams at BlackRock, especially in Investment organizations to identify synergies and opportunities to partner

• Create alignment and help build a community with AI, Research and data teams in Gurgaon and within BGM globally

Skills & Qualifications:

• 3-5 years of experience in the Financial services industry in a Data/ Analytics/Research/Technology oriented role requiring knowledge of investment workflows and products

• Bachelor’s education with a focus on statistics, mathematics, engineering, computer science or related fields

• Experience with natural language processing and the modern Transformer architecture for text summarization, vectorization, entity extraction and reasoning

• Experience with emerging LLM offerings from industry leaders

• Experience in python & related framework/libraries

• Experience with data engineering (ETLs) and analytical tools (Tableau, PowerBI etc.)

• Knowledge of various modelling techniques, econometrics / statistical analysis, mathematical optimization, is desirable

• Strong analytical skills, attention to detail, and the ability to work as part of a team in a fast-paced environmentExcellent interpersonal, oral, and written communication skills

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.