Associate, BlackRock Investment Institute, Portfolio Researcher

About this role

BlackRock is one of the world's largest and most prominent investment management firms, managing trillions of dollars in assets for institutions, governments, and individuals worldwide. We offer a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and alternative investments, catering to various investor needs and risk appetites. BlackRock has embraced technology in its operations and investment strategies, utilizing advanced analytics, machine learning, and data-driven insights to enhance decision-making processes and optimize portfolio performance.

The BlackRock investment institute (BII) leverages BlackRock's expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics, and long-term asset allocation - all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock’s expertise in markets, asset classes, and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed, and on the cutting edge of investment thinking.

Why is your role important?

BII research crafts the portfolio building blocks core to BlackRock’s mission to build a better financial future for its clients. By bringing together the best macro and market perspectives with cutting-edge portfolio construction techniques, BII distils what a complex world means for allocating investments.

The candidate will be responsible for conducting research across asset classes and portfolio construction, including building and maintaining our industry-leading Capital Market Assumptions. This role spans a wide set of research domains, encompassing, for example, the integration of public and private markets, and the development of advanced projection frameworks. Working closely with portfolio managers and other stakeholders, you will translate this research into investable solutions. As such, your research will underpin asset allocations over strategic horizons that give Blackrock’s clients the whole-portfolio perspective that they need today.

What will you be doing?

• Generating BlackRock’s industry-leading, climate-aware Capital Market Assumptions, including the development of new quantitative models to project asset returns through time.

• Designing improved asset allocation processes with analytics that enhance portfolio construction and support clients’ long-term investment objectives.

• Building our next-generation macroeconomic and asset pricing stochastic simulation framework, playing a central role in its research and development.

• Developing, applying, and analyzing quantitative models for private markets and portfolio optimization.

• Participating in global client engagement and contributing to internal and external stakeholder communications.

What are we looking for?

Qualifications:

• A demonstrably quantitative and creative mind, with a degree in a quantitative field (e.g. economics, finance, engineering, physics, and math).

• Strong communication skills and ability to distil research for broad consumption.

• Strong statistical modelling and data analysis skills.

• Open-minded thought process and intellectual curiosity.

• Strong understanding of the use of computer technology in financial and economic research, with strong statistical package programming skills (e.g., R, Python) Intuition for and a passion in financial markets and with experience in the finance sector.

• Working knowledge of common genAI tools, with the ability to develop bespoke LMM based tools a plus.

• Motivated team player, flexible in approach and ability to work independently.

• Responsive with keen attention to detail.

For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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 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 the EEOC’s Know Your Rights poster and its supplement and the pay 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 [email protected]. All requests are treated in line with our privacy policy.

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.