Private Markets Quantitative Modeler, Vice President

New York City, NY - USA

Monthly Salary: $ 170000 - 225000

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

About this role

The Private Markets SWAT Team:

This team provides quantitative modeling solutions for private markets across a wide variety of problems including nowcasting private asset and fund values forecasting alpha in private asset deals andoptimizingstrategic asset allocation with illiquid assets. The team builds and connects innovative models and methodologies to support investment decision-making in illiquid asset classes.

Private Markets SWAT is aTeamwithin Aladdin Financial Engineering (AFE):

Aladdin Financial Engineering (AFE) is a 400 person group within BlackRock Solutions the business responsible for the research and development of Aladdins financial models.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.

Role Description:

We are seeking an experienced quantitative researcher for a Vice President role on the Aladdin Private Markets SWAT Team a small group dedicated to solving novel modeling challenges in private markets. This role will focus on expanding and adapting our suite of Nowcasting models to build newnextgenerationprivate market indices. The VP will guide the research design and implementation of valuation models overseedaytodayindex estimation and ensure a rigorous highquality production process. A core responsibility will be extending these models to new asset classes data environments and market structures requiring both empirical rigor and innovative problemsolving.

Key Responsibilities:

Lead the research design and development of new Nowcasting and valuation models acrossadditionalprivate asset classes.

Conduct empirical research to calibrate models to private market data and evaluate performance usingbacktesting benchmarking and robustness analysis.

Buildmaintain andproductionizemodel codebases ensuring reliability transparency and scalability.

Partner with internal stakeholders to define use cases communicate model behavior and limitations and support integration into investment and analytics workflows.

Contribute to research publications conference presentations andclientfacingdiscussions highlighting the teams modeling innovations.

Support broader Private Markets SWAT Team initiatives including bespoke modeling projects for portfolio management or advisory teams.

Qualifications:

Ph.D. in Finance Economics Statistics or a related quantitative field.

3 years of experience in empirical financial modeling or quantitative research in industry or academia. (GraduatingPh.D.swillbe considered for a comparable junior role.)

Strong foundationin empirical modeling includingtimeseriesanalysis and Bayesian methods.

Additionalconsideration for experience with private markets or empirical asset pricing.

Proficiencyin Python and willingness to adopt new tools libraries and technologies.

Demonstrated ability to conduct rigorous empirical research manage complex datasets and designwellstructuredanalyses.

Effective communicator capable of explaining quantitative concepts to diverse audiences and collaborating across technical and nontechnical teams.

For New York NY Only the salary range for this position is USD$170000.00 - USD$225000.00 . Additionally employees are eligible for an annual discretionary bonus and benefits including healthcare 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

BlackRocks 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 childrens 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. Its why were 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: 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 theEEOCs Know Your Rights poster and its supplementand thepay 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 . All requests are treated in line with our .

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.

Required Experience:

Exec

About this roleThe Private Markets SWAT Team:This team provides quantitative modeling solutions for private markets across a wide variety of problems including nowcasting private asset and fund values forecasting alpha in private asset deals andoptimizingstrategic asset allocation with illiquid asse...