Associate - CAS
BlackRock
**About this role**
**Position:** Associate - Core Analytics Solutions - Aladdin Financial Engineering, BlackRock Solutions
**Location:** Gurgaon, India
**BlackRock Company Description:**
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
**About Aladdin Financial Engineering (AFE):**
Join a diverse and collaborative team of over 400 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, the business responsible for the research and development of Aladdin’s financial models. This group is also accountable for analytics production, enhancing the infrastructure platform, and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFE provides investment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise.
**About Core Analytics Solutions (CAS):**
The Core Analytics Solutions (CAS) within Aladdin Financial Engineering (AFE) creates and delivers Aladdin’s analytical capabilities to influence better portfolio decisions, differentiate products and solutions, and enable our clients to fulfill their financial goals. Our mission is grounded in our expertise of analytics, Aladdin (the firm’s proprietary platform), and technology. CAS works across our investment teams and client businesses, in partnership with BlackRock’s analytics, data and technology teams, to transform data into intelligence, deploy financial models on Aladdin, address client challenges with innovative technology, and deliver solutions across asset classes and client segments.
**Our team is known for:**
+ **Problem-solving** : We partner with investment, risk and client-facing teams to understand their business problems and provide creative solutions using Aladdin analytics.
+ **Innovation:** We sit at the intersection of finance and technology. We conceptualize, design and implement new capabilities to ensure that Aladdin remains the best platform for clients to understand and manage portfolios and risk.
+ **Centralized & scalable operating platform:** Aladdin is a global investment platform that helps us solve problems in a scalable and efficient manner.
**Our team partners with:**
+ Portfolio Managers, Risk Managers, Traders, Product Strategists, Portfolio Consultants, Software Engineering, COOs of Investment teams and many others, as well as the external Aladdin client community
**Role Description:**
We are building next-generation liquidity, security similarity, and pricing models leveraging BlackRock's combined expertise in financial markets liquidity and quantitative. The models we build use innovative machine-learning approaches, have real practical value, and are used by traders and portfolio managers alike. You can help develop analytics solutions in the field of liquidity risk, which are utilized in managing most of the money of the world’s largest asset manager BlackRock, as well as Aladdin clients.
The individual will work with risk managers, financial engineers, traders, and application developers to drive the development of liquidity analytics solutions to measure liquidity, price, trading costs, market impact and capacity across various markets. Models are developed and maintained in BlackRock’s data science infrastructure leveraging machine learning techniques to measure liquidity risk. The role will require basic knowledge of financial modeling, liquidity solutions, and Python coding skills. In order to succeed in this role, a high level of comfort with scientific text and an interest in the regulations landscape is required. The role lies in the intersection of analytics product management, product management to achieve analytics deliverables for specific purposes (for example, new regulation rollout), and support of financial liquidity models.
**Overview of Responsibility:**
+ Deliver next-generation risk models on Aladdin.
+ Apply subject matter expertise of Liquidity models for various asset classes.
+ Drive agile framework with cross-functional teams to bring predictability and transparency across initiatives.
+ Demonstrate analytical and infrastructure understanding by articulating product requirements documents, participating in technical architecture discussions, and winning mandates to deliver commercially viable mandates.
+ Perform independent analytical validations by scenarios-driven testing, large-scale validations, and presenting the results for review with stakeholders assuring higher standards in quality.
+ Understand rapidly evolving markets & stakeholder needs to influence the analytics roadmap, interlinked with dependencies across the Aladdin ecosystem.
+ Automate repetitive processes increasing efficiency and throughput of overall team.
+ Present models to clients, address concerns and improve clients’ trust in BlackRock.
+ Work with technology and analytics groups to build and deliver scalable, customized solutions using Aladdin APIs.
+ Define processes for quality control and maintenance of analytics models to ensure best-in-class robustness and reliability of Aladdin’s analytics output.
+ Utilize advanced analytics and communication skills to collaborate with BlackRock's clients, portfolio & risk managers and articulate clear financial modeling specifications.
+ Understand production processes and liaise with partner teams to ensure smooth model deployments and maintenance.
+ Resolve complex analytical inquiries with a keen understanding of analytics and models.
+ Create and improve documentation for analytical models and processes for internal and external consumption.
+ Mentor and train junior analysts as they build expertise and gain exposure.
**Experience/Qualifications/Skills:**
+ Understanding of Capital markets (Financial electives)
+ Mathematical and quantitative analytical skills (Linear algebra, stochastic finance, bond mathematics, AI/ ML, etc.)
+ Problem-solving skills and Presentation skills.
+ Python skills
+ CFA, FRM preferred
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, disability, veteran status, and other statuses protected by law.
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**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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
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