Quantitative Researcher / PM - Multi-Asset Strategies & Solutions (MASS), Director

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’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous 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.

BlackRock's Model Portfolio Solutions (MPS) team develops systematic investment strategies to deliver consistent outperformance for clients seeking tactical, outcome-oriented, and/or strategic investment solutions.  The team implements these strategies across a global suite of ETFs and active funds. The MPS team is one of the fastest growing businesses at BlackRock.

We are seeking a Researcher / PM to assist with our original investment research and portfolio management.  The role will involve the development of new investment strategies, portfolio construction, and model / portfolio management.

The successful candidate will possess a passion for creative and critical thinking about financial markets and financial problem solving, strong academic credentials, extensive empirical training, a willingness to learn, a collaborative mindset and a deep team-player spirit. Work experience in financial markets and in quantitative data analysis is a plus.

Responsibilities

• Carry out original, implementable financial research that forecasts drivers of market returns and aids in building or improving multi-asset portfolios.

• Develop alpha signals for trading baskets of commodities, bonds, stocks or alternative securities, either within an asset class or across asset classes.

• Build tools, data analytics and visualizations to facilitate and/or improve portfolio management, research and/or discussions around discretionary fundamental investing.

• Implement original financial insights in client portfolios and models, using them to deliver investment performance that meets or exceeds client expectations.

• Remain updated on developments in global financial markets and economics.

Skills and Requirements:

• Degree in finance, financial engineering, data science, economics, or accounting; advanced degree a plus.

• Previous experience in at least one of the following specialties: commodities, fixed income and/or currency is preferred.

• Strong technical and coding skills, including at least one year programing in Python and experience working with large data sets.

• Creativity and capability to move ideas to implementable investment insights.

• Impeccable character with high ethical and quality standards, strong work ethic and focus on the team.

• Proven ability to work independently and diligently with limited oversight.

• Confidence to credibly represent the firm and to champion new products/ideas internally.

• Passion for the successful generation of disciplined investment out-performance.

• Ability to work in a fast-paced, team environment where this is a premium on collegiality.

For San Francisco, CA Only the salary range for this position is USD$215,000.00 - USD$275,000.00 . 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.

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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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.