BlackRock Investment Institute, Macro Strategist, Associate

About BlackRock

BlackRock is one of the world's largest and most prominent investment management firms, managing trillions of dollars in assets for institutions, governments, and individuals worldwide. We offer a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and alternative investments, catering to various investor needs and risk appetites. BlackRock has embraced technology in its operations and investment strategies, utilizing advanced analytics, machine learning, and data-driven insights to enhance decision-making processes and optimize portfolio performance.

The BlackRock Investment Institute (BII) leverages BlackRock's expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics, and long-term asset allocation - all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock’s expertise in markets, asset classes, and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed, and on the cutting edge of investment thinking.

Your Role's Importance

Reporting to the Head of Macro, this economist will be a member of a small team globally responsible for conducting analysis of major economies and forming views about the future development of those economies. This role will focus primarily on the US but will also be expected to cover other economies. The economic views formed by the team underpin asset allocations over both the tactical and strategic horizons that give Blackrock’s clients the whole-portfolio perspective that they need today.

Application Requirement: When applying for the position, please include not only your resume but also a response to the following question: How do you use AI in your economic research? Please include specific examples to illustrate your answer.

What You Will Be Doing

• Identifying and producing impactful and timely macro analysis to inform investment platform debate and decisions.
• Tracking and analyzing global policy and data developments of relevance to investors.
• Developing and articulating the BII’s global macro views in support of both tactical and strategic investment views, including capital market assumptions.
• Economic and financial modeling: developing, applying, analyzing, and dissecting quantitative models.
• Participating in global client engagement, engaging investors on global macro issues.

What We Are Looking For

AI Expertise

• Strong literacy in artificial intelligence (AI) research, with a focus on its applications and implications within economics.
• Ability to synthesize academic and industry research across machine learning, automation, and economic modeling, and distill relevant insights for strategic decision-making.
• Familiarity with topics such as AI-driven productivity, labor substitution, economic competitiveness, and policy risk.
• Experience applying AI and data-driven frameworks to solve complex economic or business problems.
• Graduate-level coursework or hands-on experience with AI tools used in economic forecasting, pricing models, or scenario analysis.

Economics & Broader Qualifications

• Experience: 3+ years of experience in a market economist position in the financial services or policy-making sectors.
• Macroeconomics & Finance: Strong background in macroeconomics and finance with substantial experience forecasting and analyzing economic trends.
• Intellectual Curiosity: Intellectually curious and able to frame new issues for investors and clients.
• Thought Leadership: A credible thought leader and effective in both verbal and written communications.
• Relationship Building: Ability to build and maintain strong relationships internally and externally.
• Technical Skills:
  • Deep knowledge of Microsoft Office suite (PowerPoint, Excel, Word).
  • Very strong statistical/econometric software skills are required.
  • Python and other coding skills highly desirable.

Salary & Location

• Salary: For New York, NY Only the salary range for this position is USD$116,000.
• Location Type: [Information not provided]
• Employment Type: Full time