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Fundamental Equities - Equity Quant Research Analyst (Income & Value Investment Team), Associate / VP

BlackRock

BlackRock

IT
New York, NY, USA
Posted on Nov 3, 2024

About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

BlackRock actively manages style-specific portfolios built on proprietary research with the goal of delivering consistent outperformance to our clients. We offer access to the opportunities, information and resources available to a global asset manager combined with the agility of autonomous investment teams.

We believe:

The best performance is delivered by tightly knit, focused, and accountable teams. Returns can be enhanced by the firm-wide sharing of market knowledge and perspectives. Good investment decisions arise from integrating research with portfolio management. A global presence results in a global perspective combined with targeted local expertise. Quantitative portfolio analytics support risk-efficient portfolio construction. Our teams make their own investment decisions – within a prescribed framework and aligned with the firm’s rigorous risk management practices. Each team invests according to its unique philosophy, process and style and has a high level of discretion to allocate across regions, countries, industries and individual stocks.

Our fundamental strategies seek to identify and exploit market inefficiencies in the pursuit of alpha, which include:

  • Global

  • Regional

  • US Equity

  • Sector-Specific


Job Purpose/Background:

The US Value and Income team is made up of 30 investment professionals responsible for managing US$65 billionacross three main strategies: Equity Dividend, Core, and Focus Value. The strategies are primarily large-cap focused but increasingly include mid-cap investments. The team is based out of New York and Princeton.


The team is currently looking for a quantitative investment analyst to join its Quantitative Alpha Research Group (QARG). The analyst will focus on integrating quantitative research into the team’s fundamental active equity investment process. Successful candidates will provide R&D assistance to the team on various aspects of quant research and portfolio management processes.


Knowledge/Experience:

  • Masters' degree or higher in a quantitative discipline, strong record of academic achievement

  • 3+ years experience in quant equity (buy or sell-side) preferred

  • Standout colleague, self-starter, proactive

  • Original and independent thinker, able to work in a fast-paced team environment

  • Demonstrated passion for equity markets

  • Experience with independent quantitative research is preferred, especially hands-on experience with real-world data sets


Competencies:

  • Multidisciplinary generalist approach, able to draw upon various domains to solve complex investment problems

  • Able to explain complex technical concepts in plain language to nontechnical audiences

  • Strong understanding of statistics, econometrics

  • Proficiency in Python, R, or SAS

  • Able to work independently with excellent attention to detail

  • The ideal candidate can work closely with a small team as well as more broadly within an organization where information-sharing is essential to the success of all teams across asset classes

For New York City only: The salary range for this position is $147,500 - $209,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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

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 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.

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.