Core Analytics Solutions- Associate

Description

About this role

BlackRock Company Description:
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

About Aladdin Financial Engineering (AFE):
Join a diverse and collaborative team of over 400 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, the business responsible for the research and development of Aladdin’s financial models. This group is also accountable for analytics production, enhancing the infrastructure platform, and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFE provides investment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise.

About Core Analytics Solutions (CAS):
The Core Analytics Solutions (CAS) within Aladdin Financial Engineering (AFE) creates and delivers Aladdin’s analytical capabilities to influence better portfolio decisions, differentiate products and solutions, and enable our clients to fulfill their financial goals. Our mission is grounded in our expertise of analytics, Aladdin (the firm’s proprietary platform), and technology. CAS works across our investment teams and client businesses, in partnership with BlackRock’s analytics, data and technology teams, to transform data into intelligence, deploy financial models on Aladdin, address client challenges with innovative technology, and deliver solutions across asset classes and client segments.

Our team is known for:

- Problem solving: We partner with investment, risk and client-facing teams to understand their business problems and provide creative solutions using Aladdin analytics.
- Innovation: We sit at the intersection of finance and technology. We conceptualize, design and implement new capabilities to ensure that Aladdin remains the best platform for clients to understand and manage portfolios and risk
- Centralized & scalable operating platform: Aladdin is a global investment platform that helps us solve problems in a scalable and efficient manner.

Role Description:
Core Analytics Solutions seeks a product owner with a focus on portfolio risk methodologies like VaR and Stress Testing, who will work closely with modelers within AFE to deliver next generation of risk models. The incumbent will also co-ordinate with product managers, engineers, and, data teams to ensure that BlackRock’s capabilities meet the requirement of widely used models for internal and external users.

Overview of Responsibility:

- Deliver next generation risk models on Aladdin.
- Drive agile framework with cross functional teams to bring predictability and transparency across initiatives.
- Demonstrate analytical and infrastructure understanding by articulating product requirements document, participating in technical architecture discussions and winning mandates to deliver commercially viable mandates.
- Perform independent analytical validations by scenarios driven testing, large scale validations and presenting the results for review with stakeholders assuring higher standards in quality.
- Understand rapidly evolving markets & stakeholder needs to influence analytics roadmap, interlinked with dependencies across Aladdin ecosystem.
- Automate repetitive processes increasing efficiency and throughput of overall team.
- Present models to clients, address concerns and improve client’s trust in BlackRock.
- Work with technology and analytics groups to build and deliver scalable, customized solutions using Aladdin APIs.
- Define processes for quality control and maintenance of analytics models to ensure best in class robustness and reliability of Aladdin’s analytics output.
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