Core Analytics Solutions - Aladdin Financial Engineering - Associate Job in Blackrock

Position: Product Owner - Core Analytics Solutions (CAS)

Job Overview:

At BlackRock, technology and innovation are central to our mission of delivering world-class financial solutions. As part of Aladdin Financial Engineering (AFE), the Core Analytics Solutions (CAS) team is responsible for delivering analytical capabilities that drive better portfolio decisions. CAS works closely with investment teams and clients, transforming data into actionable insights and delivering solutions across asset classes and client segments.

About Aladdin Financial Engineering (AFE):

Join over 400 modelers and technologists in AFE within BlackRock Solutions. AFE is responsible for the research, development, and analytics production of Aladdin s financial models. These models span a wide range of financial products and provide insights to portfolio and risk management professionals.

About Core Analytics Solutions (CAS):

The CAS team within AFE creates and delivers Aladdin s analytical capabilities, ensuring clients can make informed portfolio decisions and achieve their financial goals. Our team is known for problem-solving, innovation, and delivering scalable solutions using Aladdin s global investment platform.

Role Description:

As a Product Owner with CAS, you will focus on portfolio risk methodologies like VaR and Stress Testing. You will work with modelers and collaborate with product managers, engineers, and data teams to deliver next-generation risk models. This role requires a blend of subject matter expertise, analytical skills, and leadership in driving product initiatives using agile frameworks.

Responsibilities:

• Deliver next-generation risk models for portfolio risk methodologies such as Ex-ante risk models, Historical VaR, Monte Carlo VaR, Stress Testing, and factor risk models.
• Drive agile framework implementation to ensure predictability and transparency across initiatives.
• Work closely with stakeholders to define and articulate product requirements, ensuring alignment with business needs.
• Perform independent analytical validations and present results to stakeholders.
• Influence the analytics roadmap by understanding rapidly evolving markets and stakeholder needs.
• Automate processes to increase efficiency and throughput.
• Present models to clients, address concerns, and build trust in BlackRock s solutions.
• Collaborate with technology and analytics teams to build scalable, customized solutions using Aladdin APIs.
• Define processes for quality control and ensure the robustness and reliability of Aladdin s analytics models.
• Develop and maintain documentation for analytical models and processes.
• Mentor junior analysts and help them build expertise in the field.

Experience/Qualifications/Skills:

• 3-6 years of experience in developing, deploying, or using financial risk models.
• Deep understanding of financial models and risk methodologies, including factor models.
• Experience with APAC markets is a plus.
• Proven track record of leading cross-functional initiatives as an agile product owner.
• Experience in finance, econometrics, statistical analysis, or advanced mathematics.
• Experience with technical tools like Linux, SQL, and scripting platforms. Programming skills (Python, advanced Excel) are a plus.
• Knowledge of financial risk management certifications (CFA, FRM) is a plus.
• Excellent quantitative, analytical, communication, and presentation skills.
• Ability to collaborate effectively with both technical and non-technical stakeholders.

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 options.
• Support for working parents and Flexible Time Off (FTO) to recharge.

Our Hybrid Work Model:

BlackRock s hybrid work model fosters collaboration while offering flexibility. Employees are expected to work at least 4 days in the office per week, with the option to work from home 1 day a week.

About BlackRock:

BlackRock is committed to helping people experience financial well-being. Our clients rely on our investment expertise to save for retirement, pay for education, and fund other life goals. We invest in our employees to create a supportive environment where they can thrive professionally and personally. We offer benefits and development opportunities to support our employees' growth.