Associate, Investment Risk
BlackRock offers tailored investment management and financial services.
Projects
About BlackRock
BlackRock offers investment management and financial services to a wide range of clients. It provides various funds, including mutual funds, ETFs, and closed-end funds. BlackRock also offers strategies for different asset classes and investor needs, such as fixed income, fundamental equities, and multi-asset solutions. It aims to help clients achieve financial well-being through tailored investment solutions.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will provide independent investment risk oversight and quantitative analysis. You will identify emerging risks, conduct risk analysis and research, explain risk trends, apply risk estimation and stress testing methodologies, evaluate model limitations, and use Python to develop solutions for investment management processes.
Requirements
- Degree in a quantitative field such as mathematics, computer science, economics, or engineering
- Ability to explain complex ideas clearly
- Effective communication skills
- Strong analytical skills
- Passion for quantitative techniques and financial markets
- Ability to work with large datasets
- Experience conducting risk analysis and quantitative risk management research
- Understanding of risk estimation methodologies, stress testing, and attribution
- Understanding of model limitations
- Python coding skills
- Machine learning and LLM experience are a plus
- FRM or CFA designation or other industry certification is a plus
- 2-3 years of working experience
Responsibilities
- Provide independent risk oversight
- Identify emerging risks
- Summarize issues
- Explain risk trends
- Conduct risk analysis
- Perform quantitative risk management research
- Apply risk estimation methodologies
- Conduct stress testing and attribution
- Evaluate model limitations
- Improve risk models
- Use Python to analyze risk
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Support for working parents
- Flexible Time Off
- Hybrid work with four days in the office and one day working from home
