Associate, Investment Risk

Aplaro Ltd; New York (NY); Hybrid; USD 116,000 - 155,000; Full time

Benefits offered by this job

Healthcare

Retirement benefits

Tuition reimbursement

Flexible Time Off

Hybrid work model

Job summary

BlackRock seeks a quantitative risk professional for the Risk & Quantitative Analysis (RQA) group in New York. The role emphasizes independent risk oversight using quantitative methods and collaboration with portfolio management teams to improve risk management and investment outcomes.

Requirements include a quantitative degree, strong analytical skills, and coding ability in Python; familiarity with ML and risk estimation concepts is a plus; 2–3 years of experience is expected.

Qualifications

• A degree in a quantitative field such as mathematics, computer science, economics or engineering.
• Strong analytical skills to identify emerging risks and explain trends.
• Ability to work with large datasets and conduct risk analysis.

Skills

Quantitative degree

Python

Machine learning

Data analysis

Risk management

Communication

CFA/FRM (plus)

Attention to detail

Education

Quantitative field degree (math, CS, econ, engineering)

Tools

Python

Job description

About this role Business Overview

BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks . RQA’s mission is to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes . RQA ’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process. RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders . We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.

What the RQA group at BlackRock has :

• A team of outstanding risk managers partnering with portfolio management teams to oversee our clients’ portfolios
• Global c olleagues with subject matter expertise in investing, macroeconomics, financial modeling and strategy .

What you have :

• A degree in a quantitative field, e.g. , mathematics, computer science, economics, engineering
• An ability to explain complex ideas in simple but impactful terms and proven ability to use effective communication to influence outcomes
• Strong analytical skills to identify emerging risks, summarize issues and explain risk trends
• A passion for applying quantitative techniques to real-world problems and being a student of the financial market s
• Ability to work with large dataset, conduct risk analysis and quantitative risk management related research projects
• An understanding of the fundamental principles of risk management including risk estimation methodologies, stress testing and attribution
• A love of models, an understanding of their limitations and a desire to improve them
• Enthusiasm and energy combined with a constant desire to challenge the status quo and to drive operational excellence
• Proven coding skills in Python, etc. Machine learning and LLM experience and skill is a plus
• FRM or CFA designation or other industry certifications (or are working towards one) is a plus
• M inimum 2-3 years working experience

For New York, NY

Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . 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 witho