BlackRock

Associate, Portfolio Analytics (Sustainability & Climate) - New York, NY

Posted on: 13 Mar 2021

New York City, New York

Job Description

Description

About this role

Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success.

Sustainability is becoming a critical building block in all portfolios, and investors are looking to Aladdin to power their shift to this new paradigm. Data, analytics and reporting tools are helping BlackRock and our clients to understand the environmental and social impact and risks. To further advance our climate analytics capabilities, we are seeking an Associate with 3-5 years of experience in designing, testing and deploying financial models across fixed income credit and structured product vehicles.

Opportunities:

* Join the Aladdin Climate squad responsible for developing the frontier of climate data, risk measurement and reporting capabilities in Aladdin, the industrys leading risk management technology.
* Design, validate, and deploy financial models that quantify transition and physical climate risk of securities with partner teams across 1Aladdin.
* Engage with investment and risk teams across BlackRock Solutions clients to deploy climate risk models. Communicate key assumptions, challenges and limitations of climate risk analytics. Utilize client feedback to improve financial models and Aladdin product offerings.
* Enhance BlackRocks Aladdin platform with new security analytics, models, and processes in response to anticipating industry or regulatory developments in ESG and sustainability.
* Define processes for quality control and maintenance of analytics models to ensure best in class robustness and reliability of Aladdins analytics output.
* Utilize market knowledge in conjunction with fluency in risk analytics, technology and the Aladdin platform across asset classes to provide solutions for immediate client needs.
* Create and improve documentation for analytical models and processes for internal and external consumption.

Qualifications:

* 3-5 years of experience in a highly analytical role developing, deploying, or using financial models.
* Experience with advanced analytics, including fixed income valuation techniques, monte carlo modelling, structured products or advanced credit analysis.
* Familiarity with climate risk is a plus as it applies to investments, risk management and regulation.
* Demonstrated success in project management with a diverse and demanding client base.
* Excellent communication and presentation skills. Ability to collaborate with both technical and non-technical personnel.
* Detail-oriented, organized, and committed while leading multiple projects.
* Acquired technical aptitude includes experience in Linux, SQL, python or other scripting languages.
* Adaptability and resiliency when overcoming challenges.

About the group:

The Portfolio Analytics Group (PAG) within BlackRock Solutions is focused on enhancing outcomes for investment and Aladdin clients with actionable portfolio insights through analytics in collaborations with investors, portfolio consultants and risk managers that strengthen the efficacy of decisions made on behalf of clients. The Analytics Content Management (ACM) Team within PAG supports an ambitious agenda to ensure Aladdins risk management capabilities define the state-of-the-practice. ACM plays a coordinating role in defining product strategy, conceptualizing, designing, testing and deploying new capabilities, working closely with financial modelers, engineers, product managers and users of Aladdin. In this role, you will also work with production and support teams to ensure ongoing production is working smoothly. You will also work with clients and relationship managers to ensure that clients are getting the most out of Aladdins performance capabilities and that client feedback is addressed appropriately.

We offer a dynamic, team-oriented environment with tremendous learning and growth potential.

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.

About BlackRock

BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable.



For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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.

BlackRock

New York, New York

BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager with $6.5 trillion in assets under management as of April 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

In May 2019, BlackRock received widespread criticism for the environmental impact of its holdings. It is counted among the top three shareholders in every oil “supermajor” except Total, and is among the top 10 shareholders in seven of the 10 biggest coal producers. In its 2018 annual letter to shareholders, chief executive Larry Fink said that his overriding duty is to make customers money, whatever the environmental consequences.