Quant Modeler, Vice President
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Posted on:
11 hours ago
Vacancies:
1 Vacancy
Job Summary
About this role
Role
We are looking to hire a SeniorQuant Modelerto join ourPrivateAssetMarketRiskteam.This individual would have a strong background in quantitative research have demonstrable leadership skills as well as proven experience to work in a team environment collaborating/guiding juniormodelersand engineers. This person is expected to join as an individual contributor initially leadingkey model governance initiativesandestablishingproper governance and monitoring of the modelsandgraduallystepping intoa modeling role leadingcore riskmethodologies.
ThePrivate Asset Market Riskteam builds a range of models includingprivate equityreal estate credit infrastructure and hedge funds.and they are built with sophisticated econometric/statistical methods and tools.The models themselves have real practical value and are used by portfolio managersrisk managers and allocatorsand influence investment activity.These models havea very largefootprint of usage across the entire Aladdin client base and so we place special emphasis on implementing models that scale with our growing Analytics business and ensuring adherence to BlackRocks rigorous standards of model governance. This individual would be primarily focused on full revaluation models which span multipleprivate asset strategiesand lead toaccuraterisk assessment of these products. Therearealso a lot of opportunitiesto work across asset classesand drivesynergyandinnovation in conjunction with senior modelers in the global team.
You can...
workat one of the worlds top FinTech companies. We sell our Aladdin analytics platform to over 100 of the top global financial institutions and corporations handling many trillion USD of assets
help develop and deploy quantitative financial models and portfolio analytics that are used to manage most of the money of the worlds largest asset manager
bringall yourself to the job. From the top of the firm down we embrace the values identities and ideas brought by our employees
Skills & Qualifications
Research/Analytics professional with6years of solid experiencein quantitative/statistical modeling.Experience with market risk/factor models and portfolio risk analytics (VaR Tracking Error Stress Testing) is strongly preferred
Demonstrated exposuresto model lifecycle and model governance including performance monitoring and producing high quality technical documentation (whitepapers specifications)
Advanced degree inquantitativediscipline master/PhdsinEconomics/Computational Finance / Financial Engineering / Statistics / Applied Mathematics etc.
Familiarity with financial products/risk managementprocessesis a strong plus.
Hands-on experience with statistical software (e.g. Python R MATLAB) and strong background in programming Python in particular is strongly preferred
Experience with large data set and various machine learning algorithms a plus
Strongproficiencyin Python for data-science workflows hands on experience with numerical libraries (NumPy pandas SciPy)along-withexperience with structured codebases.Proficiencywith C is a plus.
Proventrack-recordof working on cross-functional projects spanning quantitative technology and validation teams. Experience owning or contributing to multi-month (6 months) delivery initiatives managing dependencies and milestones
Senior enough to engage confidently with peer-level and senior-stakeholders (risk managers modelvalidationand technology leads)
Competencies
Demonstrates end-to-end ownership mindset for a critical modeling estate including design implementation monitoring documentation and ongoing enhancement
Applies structured thinking to decompose complex modeling and monitoring problems.
Writes clean readable and well-structured code withappropriate abstractions
Comfortable balancing quantitative depth with engineering pragmatism
Capable ofdriving initiatives from concept to production in ambiguous and evolving problem spaces. Manages timelines dependencies and trade-offs effectively across extended delivery cycles
Communicates with confidence and precision especially whenrepresentingcomplex models or frameworks
Possesses a positive attitude and ability to work both independently and as part of a team (within a department or in an inter-departmental/virtual setting) in a fast-paced environment
Ability to synthesize requirements from multiple stakeholders and translate those into actionable plans
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 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.
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.
