Associate, BlackRock Investment Institute, Portfolio Researcher
About the position BlackRock is one of the world's largest and most prominent investment management firms, managing trillions of dollars in assets for institutions, governments, and individuals worldwide. We offer a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and alternative investments, catering to various investor needs and risk appetites. BlackRock has embraced technology in its operations and investment strategies, utilizing advanced analytics, machine learning, and data-driven insights to enhance decision-making processes and optimize portfolio performance. The BlackRock investment institute (BII) leverages BlackRock's expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics, and long-term asset allocation - all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock’s expertise in markets, asset classes, and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed, and on the cutting edge of investment thinking. Why is your role important? BII research crafts the portfolio building blocks core to BlackRock’s mission to build a better financial future for its clients. By bringing together the best macro and market perspectives with cutting-edge portfolio construction techniques, BII distils what a complex world means for allocating investments. The candidate will be responsible for conducting research across asset classes and portfolio construction, including building and maintaining our industry-leading Capital Market Assumptions. This role spans a wide set of research domains, encompassing, for example, the integration of public and private markets, and the development of advanced projection frameworks. Working closely with portfolio managers and other stakeholders, you will translate this research into investable solutions. As such, your research will underpin asset allocations over strategic horizons that give Blackrock’s clients the whole-portfolio perspective that they need today. Responsibilities • Generating BlackRock’s industry-leading, climate-aware Capital Market Assumptions, including the development of new quantitative models to project asset returns through time. • Designing improved asset allocation processes with analytics that enhance portfolio construction and support clients’ long-term investment objectives. • Building our next-generation macroeconomic and asset pricing stochastic simulation framework, playing a central role in its research and development. • Developing, applying, and analyzing quantitative models for private markets and portfolio optimization. • Participating in global client engagement and contributing to internal and external stakeholder communications. Requirements • A demonstrably quantitative and creative mind, with a degree in a quantitative field (e.g. economics, finance, engineering, physics, and math). • Strong communication skills and ability to distil research for broad consumption. • Strong statistical modelling and data analysis skills. • Open-minded thought process and intellectual curiosity. • Strong understanding of the use of computer technology in financial and economic research, with strong statistical package programming skills (e.g., R, Python) • Intuition for and a passion in financial markets and with experience in the finance sector. • Motivated team player, flexible in approach and ability to work independently. • Responsive with keen attention to detail. Nice-to-haves • Working knowledge of common genAI tools, with the ability to develop bespoke LMM based tools a plus. Benefits • employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. • 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. Apply tot his job