Security Modeling Quant Developer Associate

BlackRock

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 137500 - 170000
Posted on: 5 days ago
Vacancies: 1 Vacancy

Job Summary

About this role

Quantitative Modeling and Research (QMR)is an innovative team within Single Security Modeling (SSM) area. We specialize in crafting sophisticated risk and valuation models that span a diverse range of products including interest rates FX inflation equity and credit. Our mission goes beyond traditional quantitative models; we are at the forefront of exploring novel modeling techniques such as neural networks to tackle complex problems in quantitative finance.

What makes working on the team both challenging and rewarding:

  • Focus on business: We do not solve the math problem we solve the business problem!
  • Breadth of product coverage: We support both BlackRock with over $11T AUM and Aladdin clients with trillions more. This is a tremendous breadth of products we need to cover.
  • Excellence in modeling and coding: We pride ourselves both on building great models and writing high quality code.
  • Collaborative environment: We have a lot of smart people on the team. Working here is a great chance to both learn and to teach others.

What You Will Be Doing

  • Quantitative Modeling: Develop and enhance quantitative financial models across the entire spectrum of our teams remit. Apply advanced mathematical techniques to real world financial problems. Examples include interest rate modeling building curves developing bond analytics expanding coverage to new derivative types etc.
  • Quant library development: Implement your models into a production quality code within our quant library.
  • Analytical Support: Participate in internal and external client calls and on-site visits in support of the Aladdin business. Address complex analytics queries.
  • Thought Leadership: Keep abreast of contemporary trends in quantitative finance capital markets and regulation. Bring the latest techniques to bear on the problems we face in our day-to-day work.

What We Look For

  • A Degree in a Quantitative Field: An advanced degree in a quantitative field such as Mathematics Engineering Physics or similar is required.
  • A strong interest in finance coupled with strength in mathematics is expected.
  • Ability to write robust and efficient code implementing the models. We build analytics using C; however expertise in using a different object-oriented language and writing performant code may be sufficient.
  • Comfort with solving hard analytical problems and dealing with ambiguity
  • Excellent communication skills are required. You will be expected to explain complex concepts to non-technical people in simple intuitive terms.
For New York NY Only the salary range for this position is USD$137500.00 - USD$170000.00 . 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:

IC

About this roleQuantitative Modeling and Research (QMR)is an innovative team within Single Security Modeling (SSM) area. We specialize in crafting sophisticated risk and valuation models that span a diverse range of products including interest rates FX inflation equity and credit. Our mission goes b...
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BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.

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