Associate, Index Fixed Income Algo Engineer at BlackRock

San Francisco, California, United States

BlackRock Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Finance, Investment ManagementIndustries

Requirements

  • Familiarity with management of a wide range of Fixed Income funds
  • Strong technology skills to develop prototypes and refine them into production solutions that operate at scale
  • Strong communication skills to partner with PM, Trading, and Technology teams

Responsibilities

  • Design efficient algorithms and optimizers to automate key portfolio construction processes
  • Develop both prototypes and production tools
  • Partner with PMs to integrate these tools into daily processes and continually refine them
  • On occasion, undertake portfolio management activities to develop a deeper understanding of specific investment processes
  • Partner with BlackRock Technology teams to design and develop the core “Algo Platform”
  • Develop other desk tools to support the PM investment process
  • Partner with BlackRock Technology teams to ensure robust deployment at scale

Skills

Key technologies and capabilities for this role

Fixed IncomeAlgorithmic EngineeringETFsPortfolio ManagementRisk ManagementQuantitative AnalysisIndex Investing

Questions & Answers

Common questions about this position

What is the employment type for this role?

This is a full-time position.

Is this role remote or does it require office work?

This information is not specified in the job description.

What skills are required for the Associate, Index Fixed Income Algo Engineer role?

A successful candidate will be familiar with management of a wide range of Fixed Income instruments, along with expertise in designing and developing portfolio construction algorithms and partnering with technology teams for platform deployment.

What is the company culture like at BlackRock's Index Fixed Income team?

The team emphasizes world-class talent at the intersection of investment insight, markets expertise, risk management, and process design, with technology at the heart of processes and a focus on transforming markets for accessibility, resilience, and transparency.

What makes a strong candidate for this position?

Strong candidates have familiarity with managing a wide range of Fixed Income portfolios and experience in designing portfolio construction algorithms to increase automation, particularly for Fixed Income ETFs.

BlackRock

About BlackRock

New York City, New YorkHeadquarters
1988Year Founded
$78,647.7MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries

Benefits

Health Insurance
Unlimited Paid Time Off
Mental Health Support
Wellness Program
401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.
Workforce reduction may indicate internal financial pressures or strategic shifts.
Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.
The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.
BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.
The Ethereum platform positions BlackRock as a leader in blockchain financial services.
Partnership with Frax Finance enhances digital finance offerings and compliance.

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