Description About this role Who We Are
BlackRock's business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors, and teachers who entrust their savings to us. We are committed to our clients. We promise to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. That's why investors of all kinds have made us the world's largest asset manager, entrusting us with trillions of dollars. Companies, institutions, and global governments come to us for help meeting their most significant financial challenges. Business Unit Overview
Join a diverse and collaborative team of researchers at the Financial Modeling Group (FMG) who are responsible for researching and developing financial models underpinning the risk management and relative value analytics produced at BlackRock. Given the diversity of business objectives among BlackRock Solutions clients and within BlackRock itself, the models developed and supported by FMG span various financial products, ranging from equity to fixed income to derivatives. In addition, members of FMG seek to provide analysis and insight on many different levels, from analysis of the cash flows of a single bond to the overall financial risk associated with an entire portfolio, enterprise, or balance sheet. Team
Single Security Pricing (SSP) is a small, close-knit team with a collegiate culture that values openness, creativity, and attention to detail. This role offers an opportunity to develop new financial models and enhance the current modeling suits. What you will be doing
What we are looking for
Financial Modeling: Expand product and market coverage to address evolving client needs by researching, implementing, and rolling out new rates, inflation, FX and credit models.
Analytical Support: Maintain existing models, interact with both BlackRock and Aladdin client portfolio managers, traders, and risk managers.
2+ years of experience in C++
Understanding of fixed income analytics such as cash flow generation, yields, duration, convexity, and option adjusted spread.
A Degree in a Quantitative Field: An undergraduate degree is required. An advanced degree is a plus, but mathematical maturity matters far more than formal qualifications.
Knowledge of numerical methods is nice to have.
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 pilot
BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.
The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments. 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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.