Portfolio Risk - Quant Modeler, AFE - Associate at BlackRock

Mexico City, Mexico City, Mexico

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Investment ManagementIndustries

Requirements

Strong background in quantitative research
Some experience with project management skills
Proven experience working in a team environment, collaborating with peer researchers and engineers
Ability to collaborate with team members in other regions
Expertise in quantitative financial models (e.g., linear factor models, Value-at-Risk methodologies, volatility and covariance matrix estimation, portfolio stress testing & scenario analytics)
Familiarity with sophisticated econometric/statistical methods and tools

Responsibilities

Lead research and development of model governance workstreams as an individual contributor
Gradually grow into an experienced researcher with expertise to represent and present models and analytics to internal stakeholders and Aladdin clients
Focus on analytics project work related to streamlining the development of new portfolio risk models
Expand the model testing framework
Build a robust research platform
Work in conjunction with senior modelers in the global team
Ensure models scale with the growing Analytics business and adhere to BlackRock’s rigorous standards of model governance

Skills

Key technologies and capabilities for this role

Quantitative ModelingFinancial EngineeringRisk ModelingPortfolio ConstructionScenario AnalysisReturn AttributionLiquidity ModelingOptimizationPrepayment ModelsSimulations

Questions & Answers

Common questions about this position

What is the salary for this Portfolio Risk Quant Modeler role?

This information is not specified in the job description.

Is this position remote or does it require working from an office?

This information is not specified in the job description.

What skills are required for the Quant Modeler position?

Candidates need a strong background in quantitative research, experience with project management, proven ability to work in a team environment collaborating with researchers and engineers, and skills in sophisticated econometric/statistical methods for models like linear factor models, VaR, volatility estimation, and stress testing.

What is the company culture like in the Aladdin Financial Engineering team?

AFE is a diverse and global team with expertise in technology and financial analytics, focused on research and development of quantitative models, publishing applied scientific research, presenting at conferences, and engaging with sales teams and clients.

What makes a strong candidate for this role?

A strong candidate has a strong quantitative research background, project management experience, teamwork skills for collaborating across regions, and the ability to lead model governance workstreams while growing into presenting models to stakeholders and clients.

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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