Quant Data Specialist , Aladdin Financial Engineering - Associate Job in Blackrock

Position: Advanced Data Analytics - Single Security (Credit Focus)

Job Overview:

At BlackRock, technology and innovation are essential to delivering world-class financial solutions. The Advanced Data Analytics team within Aladdin Financial Engineering (AFE) is focused on developing the next generation of data content and governance solutions for single security analysis, specifically in the Credit space. This role offers the opportunity to work with cutting-edge technologies to deliver impactful analytics in Mortgage, Structured & Credit Products.

About Aladdin Financial Engineering (AFE):

Join a team of over 300 modelers and technologists in AFE within BlackRock Solutions, responsible for research and development of Aladdin s financial models. AFE spans a wide range of financial products and provides investment insights to portfolio and risk management professionals. The models developed and supported by AFE cover equities, fixed income, commodities, derivatives, and private markets.

Role Description:

The Advanced Data Analytics team within AFE Single Security is responsible for building and maintaining data content in the Credit space. The team uses emerging technologies and statistical/mathematical methodologies to create predictive models and classification solutions. As a member of this team, you will focus on:

• Building and enhancing Credit Derived Data Content.
• Ensuring robust Model & Data Governance practices.
• Developing and maintaining Credit Model & Analytics solutions.

Experience/Qualifications/Skills:

• Experience with Scala programming.
• Knowledge of ETL, data curation, and analytical jobs using distributed computing frameworks like Spark.
• Experience working with large enterprise databases such as Snowflake, Cassandra, and cloud-managed services like Dataproc and Databricks.
• Familiarity with financial instruments such as Corporate Bonds and Derivatives.
• Knowledge of regression methodologies and building tools for Data Governance.
• Python knowledge is a plus.

Qualifications:

• Bachelor s or Master s degree in Computer Science, Math, Economics, or a related field.
• 3-6 years of relevant experience in data analytics and financial products.

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 enables a culture of 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. Certain business groups may require more time in the office due to their roles.

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. By investing in our employees, we create a supportive environment where everyone can thrive professionally and personally, with ample opportunities for growth and development.