Associate, Quantitative Investment Professional

BlackRock • San Francisco, CA

2d • $116,000 - $155,000 • Hybrid

About The Position

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. We are seeking an enthusiastic quantitative analyst to join the Investment Policy and Process team. The team is a key contributor to scale across SMA Solutions investment ecosystem; continuously seeking ways to enhance our investment process and discipline across our platforms. The ideal candidate will help expand the utilization of optimization in the fixed income and multi-asset portfolio management process. This position is situated in a fast-paced environment and will provide significant contribution in enhancing the productivity and scalability of the SMA Solutions’ business.

Requirements

• Experience in Python Programming with a deep understanding of core libraries and concepts.
• At least 3 years of experience in optimization and/or data engineering.
• Knowledge and experience addressing data quality, scalability and reliability.
• Undergraduate degree is required, and an advanced degree (Masters) is a plus within a technical field (Computer Science, Engineering, Mathematics).
• Ability to work and deliver under minimal direction/independently.
• Ability to work efficiently and multi-task in a fast-paced and collaborative environment.
• Strong attention to detail.
• Strong interpersonal skills (both written and verbal) to work with, train, and support users of platform tools and processes.
• Proven problem-solving skills and ability to troubleshoot software issues.

Nice To Haves

• Experience working with relational/non-relational and cloud databases and understanding of storage technologies.
• An interest in and general understanding of financial markets especially the fixed income markets, including drivers of return and risk.
• Familiarity with BlackRock Aladdin toolset is helpful.
• Work experience with financial and markets preferred.

Responsibilities

• Perform quantitative analyses utilizing backtesting and large-scale sample testing.
• Serve as a key contributor for scaling our current investment process and for creating new investment solutions.
• Work in a collaborative environment to develop portfolio optimization solutions utilizing BlackRock’s Aladdin APIs /platform.
• Develop software solutions primarily in Python and SQL.
• Interact with portfolio managers to understand investment processes.
• Test and validate optimization solutions along with portfolio managers to ensure solutions are consistent with the strategy objectives and investment guidelines.
• Interact with SMA Solutions technology teams to ensure proper rollout of new functionality.
• Identify areas of improvement within workflow management.
• Provide and maintain a clear and accurate documentation on optimization solutions and services.
• Provide ongoing support on solutions and services as the project matter expert.

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level