Analyst, Quant Research

About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Elevate your career by joining the world's largest asset manager! Thrive in an environment that cultivates positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success.

Systematic Active Equity (SAE) is the quantitative equity group within BlackRock’s Systematic investment group.  We invest our client assets using a systematic investment approach.  SAE is a pioneer and thought leader in the industry and has consistently achieved client investment goals across global equity markets for over 30 years.  We believe research and innovation are critical to continuing our success and believe in a multi-disciplinary approach that intersects traditional finance and economics with data and computer science.  

Responsibilities:
Execute portfolio rebalances and generate trade lists aligned with model views and evolving market conditions.
Conduct performance attribution to assess signal effectiveness and risk-factor contributions.
Enhance model design, portfolio construction, and implementation through systematic research.
Identify and monitor key factor exposures and event risks; develop scalable processes to manage emerging risks.
Advance proprietary analytics tools by creating visualizations and automating repetitive workflows.
Oversee investments across the entire signal lifecycle—from alpha research and portfolio construction to execution and attribution.
Engage with internal and external research (e.g., academic papers, conferences, sell-side reports) to identify novel data sources and strategy ideas.
Lead the development, deployment, and monitoring of systematic equity signals.
Apply machine learning frameworks to scale feature discovery, construction, selection, and combination.
Implement state-of-the-art NLP techniques and LLM workflows across unstructured text data and related tasks.

Skills & Qualifications:
0–2 years of experience in the financial industry.
Strong foundation in statistical and machine learning methodologies.
Hands-on experience with large-scale data processing using SQL and Python.
Proficient in Python (Pandas, NumPy), Scikit-Learn, XGBoost/LightGBM, TensorFlow, and PyTorch.
Familiarity with Unix-based systems, AWS (EC2, EMR, S3), Hadoop, and common data transfer protocols (FTP/SFTP).
Deep understanding of financial economics, portfolio construction, analytics theory, and behavioral finance.
Proficient in managing and querying structured and unstructured datasets, including data ingestion from internal/external databases.
Applied experience in natural language processing and large language model (LLM) pipelines, including fine-tuning, prompt engineering, and retrieval-augmented generation (RAG).

For San Francisco, CA Only the salary range for this position is USD$111,625.00 - USD$132,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits
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 model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.