Associate Quantitative Research

About this role

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax values-alignment or investment exposures across direct indexing fixed income active equity and multi-asset. We deliver world-class service to all of our clients from wealth advisors to family offices to endowments and foundations.

About this Role

We are seeking a highly quantitative and motivated Associate to join the Quantitative Investment Solutions (QIS) team a specialized unit within Aperio Portfolio Management operating under BlackRock’s SMA Solutions business. QIS is responsible for driving strategic product innovation developing tax-managed investment strategies and advancing quantitative research. The team spearheads the creation of cutting-edge tax-advantaged solutions encompasses direct indexing active long/short option overlays factor tilts concentration management and more. QIS also plays a pivotal role in client engagement and internal business development collaboration supporting product activation and commercial growth.

The Associate will contribute to all facets of the quantitative strategy research process including building research infrastructure managing back-tests and simulations and generating quant analytics to support the design and development of tax-managed investment strategies. The ideal candidate will demonstrate the ability to solve complex challenges related to tax optimization systematic active portfolio construction and risk modeling for long/short equity and option-based strategies. The role requires advanced quantitative and programming skills consistent detail-oriented problem-solving capabilities effective communication in verbal and written form and the ability to work under a collaborative environment. Success in this position also depends on the ability to manage and prioritize complicated sets of tasks take initiative and display responsibility for quality and timeliness of output. The title and compensation will be commensurate with experience.

Key Responsibilities

• Assist in the design advancement implementation and maintenance of research infrastructure and tools to support quantitative research investment strategy development and evaluation.
• Conduct backtesting and simulation of investment strategies with a focus on tax-aware portfolio construction and risk modeling.
• Analyze large and complex datasets to extract insights and support research hypotheses investment strategy validation and strategy development.
• Collaborate with senior researchers and portfolio managers to develop and refine systematic investment strategies tax-managed optimizations and portfolio management processes.
• Create clear and compelling visualizations and documentation to communicate research findings to internal stakeholders and external clients.
• Contribute to the team’s thought leadership by supporting the development of white papers presentations and internal knowledge sharing.

Qualifications

• Bachelor’s degree in quantitative fields such as Mathematics Statistics Computer Science or Engineering.
• Substantial programming experience in Python and excellent Excel skills; familiarity with data analysis libraries (e.g. pandas NumPy SciPy) are essential; experience with machine learning techniques is a plus.
• Demonstrated experience working with large datasets and conducting empirical research.
• At least 1 year of relevant industry work experience is preferred; quantitative portfolio management experience a plus

• Excellent analytical and problem-solving skills with acute attention to detail.
• Strong written and verbal communication skills with the ability to explain technical concepts to non-technical audiences.
• Interest in tax-aware investing portfolio construction and systematic strategies.
• Experience with financial modeling optimization or portfolio analytics.
• Experience with equity and option asset classes.

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.

What We Do

As the world’s largest asset manager BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement home ownership and their children’s education. Our clients range from governments foundations and other large institutions to those investing on behalf of individuals including firefighters nurses teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven focused on clients and risk management and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world Aladdin combines powerful analytics and a common language to help investment teams make faster more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions simplify complexity and deliver investment strategies that meet people where they are. Whether it’s retirement planning wealth building or navigating market shifts we’re here to help clients invest more easily more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com

Why Work With Us

Without our people technology is irrelevant. When we combine the power of people with the power of technology we amplify our ability to create better outcomes for our employees clients shareholders and society alike.

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