Associate, Fixed Income Risk Management

BlackRock•New York, NY

20h•$116,000 - $155,000•Hybrid

About The Position

Business Overview BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process. RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity, and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose. Fixed Income Investment Risk Management You will be a risk manager as part of RQA fixed income investment risk, which oversees BlackRock’s $1trillion active fixed income investment platform including Multi-sector fixed income, Credit, Securitized, Financial Institutions and Muni business. You will work with other fixed income investment risk managers to deliver independent risk oversight, risk advice, and provide quantitative analysis to assist with portfolio construction, product design and investor engagement.

Requirements

Advanced degree in a quantitative discipline and 3+ years of work experience in fixed income markets
Strong knowledge of fixed income market, investment, and risk management for buy-side fixed income portfolio management.
Deep understanding of fixed income risk models and risk analytics, ability to work with risk modelers to enhance risk models based on risk and investment needs.
Excellent interpersonal, leadership and oral/written communication skills.
Ability to communicate, influence and engage with portfolio managers on risk discussions.
Strong technical skills and programming skills in Python, familiarity with BlackRock’s Aladdin risk system is a strong plus.
A strong work ethic and ability to work effectively in a team environment and adhere to tight deadlines.

Nice To Haves

familiarity with BlackRock’s Aladdin risk system is a strong plus.

Responsibilities

Work with senior risk managers to provide risk oversight and risk management support to fixed income investment teams.
Provide independent, constructive challenge of portfolio risk taking, exposure, portfolio construction and performance analysis.
Provide day-to-day risk management to portfolio managers.
Conduct regular risk meetings with analyses and deep dives on risk and performance to portfolio management teams.
Perform quantitative analysis to help investors understand risk analytics, risk models, performance attribution and help improve investment process.
Partner with BlackRock Aladdin risk modeling team to deliver state-of-the-practice risk analytics and credit risk models through the Aladdin platform.
Work with RQA and Aladdin technology teams to improve risk reporting infrastructure.
Collaborate with peers in RQA investment risk and enterprise risk, help mentor junior team members.