Vice President, Quantitative Investment Lead - SMA Solutions

BlackRock•Princeton, NJ

2d•$140,000 - $200,000•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 a Quantitative Investment Lead to join the Investment Process Innovation team. The team is a key contributor to scale and product development across SMA Solutions investment ecosystem, continuously seeking ways to enhance our investment process and discipline across our platforms. The ideal candidate will manage and enhance our research infrastructure, develop new fixed income investment processes and serve as a key contributor to the development of new investment strategies. This position is situated in a fast-paced environment and will provide significant contribution required for enhancing the productivity and scalability of the SMA Solutions’ business.

Requirements

Undergraduate degree is required, and an advanced degree (Masters) is a plus within a technical field (Computer Science, Engineering, Mathematics).
At least 7 years of experience in optimization, quantitative investing, and/or data engineering.
Experience in Python Programming with a deep understanding of core libraries and concepts.
Knowledge and experience addressing data quality, scalability and reliability.
Self-starter and self-directed orientation required.
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. Work experience with financial and markets preferred.
Familiarity with BlackRock Aladdin toolset is helpful.

Responsibilities

Lead the development and maintenance of internal backtesting and sample testing infrastructure.
Design and develop optimization-based portfolio management processes for Fixed Income strategies.
Perform quantitative analyses to refine various investment approaches.
Communicate recommendations with key stakeholders and senior leadership as a subject matter expert.
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 objectives and processes.
Interact with SMA Solutions technology teams to ensure proper rollout of new functionality.
Identify areas of improvement across the entire investment process, including order generation, trading and workflow management.
Provide and maintain clear and accurate documentation on optimization solutions and services.
Provide ongoing support on solutions and services as the project matter expert.