Portfolio and Climate Risk Modeling Vice President

BlackRock

Job Location:

London - UK

Monthly Salary: Not Disclosed

Posted on: 5 days ago

Vacancies: 1 Vacancy

Job Summary

About this role

The Aladdin Financial Engineering businessis responsible forall analytics technology across the Aladdin platform. We research develop and implementstate-of-the-artquantitative models used to assess financial risk across fixed income equities derivatives alternativeproductsand private markets.

Within AFE the Portfolio and Climate Risk(PCR) modelling team playsa central rolein delivering core portfolio risk analytics alongside climate energy and transition risk modelling capabilities used across BlackRocks investment platform.

Team overview & what we do

ThePortfolio& ClimateRisk(PCR)modelling teamisresponsible for the research development and continuous evolution of BlackRocks multi-asset portfolio risk models and climate- and energy-related risk analytics delivered through the Aladdin platform.

The team leads the development of foundational portfolio risk analytics including factor-based risk models Value-at-Risk (VaR) tracking error and stress testing across equities fixed income and derivatives. These analytics support portfolio construction risk oversight regulatory reporting and client decision-making providing a consistent and scalable risk language across investment workflows.

In parallel the team develops financially grounded climate energy and infrastructure risk models including climate physical risk energy systems energy transition decarbonization pathways and geospatial analytics. These models are integrated into asset valuation portfolio monitoring due diligence and client reporting translating complex climate and energy signals into decision-relevant insights embedded across Aladdin platforms.

As a Vice President in the Portfolio and Climate Risk Modeling team you will provide technical leadership across power market and energy transition modeling whileoperatingwithin a broader portfolio risk modeling ecosystem. The role combines hands-on quantitative research with strategic ownership of models stakeholder engagement and governance. You will help shape modeling roadmaps mentor junior modelers and ensure analytics meet the standardsrequiredfor enterprise-scale investment use.

Key Responsibilities:

Develop andmaintainmodels for power market analyticscomprisingdispatch balancing/reserve marketprice and revenue calculationreportingand visualization.

Develop andmaintainthe Aladdin Transition Scenario Engine underpinning the BII Transition Scenario in partnership with the BlackRock Investment Institute (BII). Conduct research and develop data pipelines to ensure BIITS reflects the latest technologypolicyand macro-economic developments in line with our investment platform views.

Conduct research using data science and AI/ML techniques to enhance analytics create investment signals or thought leadership papers.

Engage with stakeholders (investors governance) tofacilitateadoption of these analytics into the investment process.

Perform & implementcomplexquantitative calculations with high accuracy and performanceleveragingBlackRockscontentexperts and modelers.

Skills & Qualifications:

Bachelor or masters level education in Computer Science Engineering or a related discipline.

Minimum3 years of experienceinenergy modelling with a preference for energy systems or power market modelling.

Formidable analytical problem-solving andcritical thinkingskills.

A passion for providing fundamental software solutions forhighly available performant full stack applications with a Student of Technology attitude.

Demonstrates enthusiasm for teamworkmultitaskingand effective communication within a collaborative fast-paced environment.

Exhibits strong individual productivity including the ability to work independentlymaximizestheimpactof the work deliveredquickly adapt self-motivateand efficiently learn new skills.

Familiarity with following areas is essential:

Power market modelling (dispatch capacity expansion)

Optimization (LP CPLEX) and Machine Learning

Python development(PyPSA scikit-learnstreamlit polars) using git

Data analytics & content research

Exposure tointegrated assessment models.

Familiarity with following areas isdesirable:

GenAI is used very widely across a range of activities: drafting code and documents researching and summarizing information to name a few

Exposure tomodel development lifecycle including interactions with stakeholders and partners (investors governance softwareengineersand product designers)

Exposure to private assets modelling.

Good to Have

Understanding of AgileSoftwareDevelopmentLifeCycleunderpinned by Azure DevOps.

Knowledge of investment process climate risk particularly transition risk & decarbonization analytics.

CFA/FRM preferred.

Our benefits

To help you stay energized engaged and inspired we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 race religion sex sexual orientation and other protected characteristics at law.

Required Experience:

Exec

About this roleThe Aladdin Financial Engineering businessis responsible forall analytics technology across the Aladdin platform. We research develop and implementstate-of-the-artquantitative models used to assess financial risk across fixed income equities derivatives alternativeproductsand private ...