Senior Backend Engineer - Python at BlackRock

Princeton, New Jersey, United States

BlackRock Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Investment Management, Asset ManagementIndustries

Requirements

  • Bachelor's degree in Engineering, Computer Science, or related field
  • 5-6 years of experience in financial services in engineering or technology related role
  • Strong programming skills in Python or related experience with modern object-oriented languages (Java, Scala, etc.)
  • Solid knowledge of programming fundamentals—algorithms, data structures, design patterns, and paradigms
  • Familiarity with relational databases and SQL
  • Knowledge of containerized workloads and services such as Kubernetes to support building and releasing software components and deploying them to Kubernetes cluster
  • Strong written and verbal communication skills
  • Solid attention to detail and ability to prioritize responsibilities and ability to handle various tasks in a fast-paced environment

Responsibilities

  • Develop and deploy sophisticated algorithms to efficiently manage and rebalance SMAs, ensuring optimal performance and alignment with investment strategies
  • Be proficient in understanding processes and applications, quickly learn new systems/applications, and have strong technology skills to develop and drive process efficiencies and automation of manual tasks
  • Design and implement advanced data handling techniques utilizing relational databases and APIs to ensure seamless integration and efficient data management
  • Evaluate emerging technologies to support innovation and strategic objectives
  • Lead projects and initiatives related to process improvement in investment management and trade support functions across equity, multi-asset, and fixed income SMA portfolios
  • Write code that is understandable and maintainable by other team members
  • Mentor junior members of the team

Skills

Python
Backend Engineering
Algorithms
Relational Databases
APIs
Trading Systems
Portfolio Management
Automation
Data Handling
Equity
Fixed Income
Multi-Asset

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.

Land your dream remote job 3x faster with AI