Associate, Modelling Data Scientist
Job Location:
San Mateo, CA - USA
Monthly Salary:
Posted on:
Vacancies:
Job Summary
About this role
BlackRock is a global leader in investment management risk management and advisory services for institutional and retail clients! At January 1 2022 BlackRocks AUM was $10 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts mutual funds iShares (exchange-traded funds) and other pooled investment vehicles. BlackRock also offers risk management advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions. As of January 1 2022 the firm had approximately 19000 employees in 30 countries and a major presence in global markets including North and South America Europe Asia Australia and the Middle East and Africa!
Since our founding 30 years ago BlackRock has brought together great minds to drive innovation. From the beginning we have been demonstrating technology for insight and efficiency to make our business better and to help clients realize the objectives they 2018 BlackRock accelerated innovation and technology again with additional investment in artificial intelligence and data science and all the potential they represent.
The AI Labs was formed to act as a central hub with a firm-wide remit to solve strategic business challenges for the firm by bringing to bear our expertise in machine learning artificial intelligence data science and optimization. Our mission is to combine human and machine intelligence to revolutionize asset management.
We are a hybrid research and product team and have a responsibility to drive towards commercial impact in the form of alpha generation operational efficiencies and cost reduction. Building on the success of systematic investment teams with a history of demonstrating machine learning at BlackRock to create alpha the goal was to apply these same techniques throughout the business.
Job Description
As a researcher you will collaborate with a distributed team of world-class academics engineers and investment professionals to develop methodologies for products solving a corporate-wide set of client investor and operational problems. Products developed often demonstrate multiple disciplines including statistics machine learning and optimization and combine original methods with innovative solutions available in industry and academia. You will be responsible for the entire research lifecycle from initial research and prototyping to iterating on the system methodology to detailing the final product and clearing internal review processes.
Responsibilities
Work with partners to translate business needs into well-scoped technical projects.
Efficiently interact with large and complex datasets to evaluate technical methodologies.
Rapidly prototype technical solutions implementing groundbreaking tools from optimization and machine learning.
Produce technical whitepapers and make clear technical presentations to senior management.
Work with engineers and partners to build product-ionized solutions that are reliable scalable and operate in compliance with firm-wide processes.
Qualifications
Either a PhD in a quantitative subject area (computer science mathematics statistics economics physics engineering or related field) or
An MS degree in a quantitative field plus 3 years of professional experience in optimization machine learning statistics exploratory data analysis and other aspects of the data science process.
Strong theoretical background in and practical experience using optimization statistical techniques and machine learning preferably proven through academic publications or open-source codebases.
Strong familiarity with programming languages such as Python Julia or R.
Experience with the analysis or application of data in finance economics sociology or related fields is a plus.
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.
Guidance on AI use for candidates
At BlackRock AI has long been part of how we work enhancing decision-making improving operations and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn prepare and work more effectively; but during our interview process we want to focus on getting to know you through your own experiences thinking and judgment. To support you weve provided guidanceon when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock please visit . We also encourage you to get to know us on LinkedIn Instagram YouTube X and TikTok.
BlackRock 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.
We recruit hire train promote pay and administer all personnel actions without regard to race color religion sex (including pregnancy childbirth and medical conditions related to pregnancy childbirth or breastfeeding) sex stereotyping (including assumptions about a persons appearance or behavior gender roles gender expression or gender identity) gender gender identity gender expression national origin age mental or physical disability ancestry medical condition marital status military or veteran status citizenship status sexual orientation genetic information or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these 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 Company
BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.
