Associate, Quantitative Research

About This Role

Company: BlackRock Institutional Services, Inc.

Job Title: Associate, Quantitative Research

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Develop trading signals to improve trading strategies and build metrics to evaluate trading performance. Conduct data enrichment projects to explore alternative datasets and contribute new insights to alpha and investment research. Improve the current suite of securities lending models, create proprietary models and maintain ongoing production and governance. Calibrate algorithms in Securities Lending e-trading and automation. Work closely with business stakeholders and technologists to improve the electronic trading system design and to deploy new models and algorithms into production. Build close ties with traders, investors, risk managers and quantitative research teams across BlackRock.

Qualifications: Master’s degree in Business Analytics, Management Information Systems, Business Administration, Mathematical, Computer Science or a related field and one (1) year of experience as an Associate or a related role. In the alternative, the employer will accept a Bachelor’s degree in Business Analytics, Management Information Systems, Business Administration, or a related field and three (3) years of experience as an Associate or a related role. Must have one (1) year of experience with: Mathematical and Statistical techniques including machine learning for Financial Modelling; Working with datasets for data analytics and trading signal development; Programming skills including Python and SQL; and Electronic and Algorithmic Trading and workflow automation. Must have any amount of experience with: Securities Lending Trading to design workflow for the business; and Quantitative Trading Platform design.

To apply, please click “Apply” on this webpage.

For New York, NY Only the salary range for this position is USD$145,000.00 - USD$162,000.00 . 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:

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 .

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.