About this role

Company: BlackRock Financial Management, Inc.

Job Title: Associate, Market Risk Management

Location: 50 Hudson Yards New York, NY 10001

Summary of duties: Analyze performance, risk, liquidity and cash management across portfolios by applying statistical and computer techniques to real financial data and live portfolios to aid fund managers’ real-time decision making. Partner with senior risk managers to help ensure that the risks are fully understood by Portfolio Management and are consistent with our clients’ objectives and risk constraints. Develop a thorough understanding of investments and trades to assess investment risks. Regularly monitor risks in the portfolios and presenting pertinent analyses on markets, portfolio risk and performance drivers to portfolio management teams. Research and assess how macroeconomic factors drive the investment decision-making process. Assist portfolio managers with portfolio construction and scenario analysis. Define analytical and risk management’s development needs for adequately monitoring risks.

Qualifications: Bachelor’s degree in Applied Mathematics, Mathematics, Computer Science, Engineering or a related quantitative field and two (2) years of experience in the job offered or as an Analyst, Data Analyst or related. Must have experience with the following: R and Python; risk management principles including risk estimation methodologies, stress testing and attribution; security and portfolio analytics; Equity risk modeling, valuation and analytics; Statistical Inference, e.g. Hypothesis Testing; SQL and Sybase management; Financial model validation and back testing; Portfolio optimization and stochastic modeling; Equity options valuation and pricing.

To apply: please click the “Apply” button on this webpage.

For New York City only: The salary range for this position is $122,400 – $147,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.