Associate, Applied Analytics

About this role

About the team :

Aladdin Wealth Tech (AWT) within BlackRock is bringing the same risk capabilities used by BlackRock's investment teams and sophisticated institutional clients worldwide to the wealth management industry and retail investors, equipping clients with model construction capabilities, risk monitoring tools, and portfolio construction & analytics. Aladdin Wealth partners with clients to help them lead their enterprise risk, building better portfolios, improving their value proposition, and institutionalizing their investment process.

Candidate Responsibilities:

• Technical Implementation of the Aladdin Wealth platform including the coding and configuration of Aladdin Wealth’s optimization engine, development of custom asset classification schemas, modeling of complex derivatives (e.g. Structured notes), configuration of Aladdin risk models and management of large volume data processes to ensure successful daily delivery of the platform.
• Design technical architecture to integrate Aladdin Wealth into client’s existing tech ecosystem through implementation of APIs, Extracts and User Interfaces.
• Consult with clients to understand their commercial business objectives and work with them to implement our product in a way that helps transform their business consistent with their strategic priorities.
• Develop models and build the technical infrastructure to support wealth native complex derivatives including Structured Notes, Annuities, Alternative products etc. within the Aladdin Wealth platform.
• Work with the global Aladdin Wealth team to help implement clients on the Aladdin Wealth platform. This includes understanding our client’s business and their requirements, and working with them to implement our product in a way that helps transform their business.
• Enhance Aladdin Wealth Tech’s Funds Data and Analytics product: -
  • Model and maintain risk analytics and governance structures for funds within Aladdin.
  • Leverage Aladdin risk models and the teams’ proprietary methodologies to generate risk for global funds.
  • Streamline and automate the funds data services, analytics and risk generation process through production and engineering improvements.
• Develop an understanding of BlackRock’s proprietary risk models and serve as a subject matter expert on risk analytics for products such as funds, equities, fixed income, derivatives, and alternatives.
• Develop an understanding of wealth management landscape across the globe and key industry trends and growth drivers. Consult with clients on the best way to leverage Aladdin Wealth Optimization capabilities to maximize the growth potential of a client’s Discretionary and Advisory platforms.
• Support technology initiatives within the team to grow the Aladdin Wealth Product offering and improve scalability and efficiency of the platform.

Candidate Skills/ Requirements:

• Undergraduate/Post Graduate Degree in Engineering (BE/BTech), Statistics, Business Management or equivalent.
• 4- years of industry experience.
• Knowledge of programming languages used for modelling and analytics configuration including citizen developer languages like SQL, Python, R and JavaScript or Object-Oriented Languages like C++, Java, and Scala.
• CFA/FRM is a plus
• Excellent problem solving and quantitative skills.
• Strong spoken and written communication/presentation skills should be able to converse freely with clients/ global counterparts.
• Deep interest in the domain of finance and willingness to learn about financial markets and risk management concepts.
• Deliver high level of service through responsiveness and accuracy & has an eye for detail.
  
  Good to have skills:

• Knowledge of financial instruments and portfolio analysis including understanding of at least one product type across Fixed Income (Govt and corporate bonds, Funds etc.), Equity (Single-line equities, Funds etc.) and Alternative (Private Equity, real-estate etc.) products.
• Knowledge of derivatives like equity and fixed income options or more complex instruments like Structured Notes
• Knowledge of statistical concepts including linear and non-linear regression or an understanding of statistical measures like correlation, covariance, mean, tstat, max drawdown etc.
• Understanding of Portfolio Risk concepts like Volatility and Value-at-Risk
• Knowledge of Data Analysis and Visualization techniques
• Knowledge of Simulation or Optimization techniques
• Versatility, flexibility, and a willingness to work with changing priorities.

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.