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Applied Portfolio Analysis, Associate

BlackRock

BlackRock

This job is no longer accepting applications

See open jobs at BlackRock.
London, UK
Posted on Friday, February 9, 2024
Description

About this role

Do you thrive in an environment that champions positive relationships and recognizes outstanding performance? Elevate your career by joining the world's largest asset manager and the most sophisticated institutional FinTech in the industry. At BlackRock, we strive to empower our employees and integrate your involvement into our collective success. With assets from a global and diverse client base flowing through Aladdin, we have an outstanding responsibility: our technology and services empower hundreds of institutions to achieve their strategic and financial objectives every day.

The Analytics & Quantitative Solutions (AQS) team within the Aladdin Business is responsible for delivering high-impact solutions to our clients’ investment, risk and business challenges, as well as expanding and enhancing Aladdin’s analytics capabilities through research and innovation, capitalizing on the collective intelligence of Aladdin's client community. Each team member is tasked with understanding market and investment practice trends along with client needs, and proactively offering new and comprehensive solutions using Aladdin analytics and data. The Associate within the AQS team will play a role in developing solutions to challenging problems for market practitioners, designing and developing analytics solutions projects and initiatives.

AQS is actively seeking a Associate to work in the diverse group of market and analytic experts, collaborating with business leaders to develop impactful and fit for purpose solutions for Aladdin clients across regions and industries. As part of the Applied Portfolio Analysis function within AQS, the person will also work with colleagues from the Aladdin Client Business, Aladdin Financial Engineering and Aladdin Product teams to evolve our analytics capabilities in portfolio risk and performance attribution space.

RESPONSIBILITIES

Key responsibilities of the role include:

  • Collaborate with financial engineers to implement a derivatives risk and P&L decomposition solution as well as a matching suite of reports for stress testing, risk limit monitoring and hedge rebalancing
  • Work closely with partner teams across Aladdin to build custom complex solutions to address client challenges
  • Drive analytics, modeling, and investment tools improvements in Aladdin based on client feedback
  • Participate in firm-wide initiatives for enhancing analytics and strategic partner relationships
  • Coordinate to resolve analytics issues and ensure successful analytics model deployments and releases
  • Communicate cross-functionally with partner teams across BlackRock

QUALIFICATIONS

  • Minimum of 4 years, or an equivalent experience, in financial services, financial technology or consulting
  • Previous exposure to IR/FX/Vol derivative valuation, greeks and P&L explain are highly desirable
  • Prior experience with Python & SQL as well as a strong appetite for coding are a must, experience with SnowFlake or PowerBI are beneficial
  • Demonstrate strong expertise in performance attribution (Brinson-Fachler & Factor Attribution) and the underlying mechanics of an attribution system
  • Proven ability to navigate complex quantitative systems, understanding and designing enhancements to core-components to evolve the analytics offering
  • Strong quantitative skills and proficiency with Excel is a must
  • Superior communication and presentation skills, able to convey finance concepts simply and clearly to clients while also translating client needs to internal quant and development teams
  • Keen interest in financial markets and ability to comprehend the impact of market events
  • Excellent problem solving abilities, and experience understanding complexity of clients' challenges
  • Enjoys a fast-paced, energy-filled environment. Work well in a team setting with autonomy. Well organized and able to handle multiple priorities
  • Academic degree(s) in Financial Engineering, Finance, Mathematics, Computer Science, Business Management or some other quantitative field of study
  • CFA/FRM designation is desirable but not required
  • French and/or German language skills are desirable

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law and make reasonable accommodations to support all candidates. 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.

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

BlackRock’s 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 children’s 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. It’s why we’re 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: www.linkedin.com/company/blackrock

BlackRock 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.

This job is no longer accepting applications

See open jobs at BlackRock.