Friday , March 1 2024

BlackRock Jobs – Associate Portfolio Algo Engineer

Website Blackrock

Job Description:

  • The Investment Process & Platform team within EII is seeking to expand in order to improve business efficiency and scalability. This business-side role entails working with Portfolio Engineers, other members of the Investment Process & Platform team and the BlackRock technology teams, in order to build a best-in-class index investment engine. The person filling this role will facilitate the development and maintenance of portfolio engineering algorithms for index investment processes.
  • A successful candidate will be able to understand the index equity portfolio construction process and will be able to reliably build and deliver working code that serves the immediate need, is robust and extensible enough to evolve and support scale as our business grows.

Job Responsibilities:

  • Understand the BlackRock technology platform and integrate portfolio engineering algorithms into it
  • Implement a leading-edge platform, primarily in Python, for the development, deployment, maintenance and monitoring of portfolio engineering algorithms
  • Work with BlackRock technology teams that support EII, to ensure that they understand our requirements and build well-suited tools
  • Identify, and implement, opportunities for improvement of operational processes using data analytics

Job Requirements:

  • Effective communication skills
  • Excellent team player with high level of self-motivation and inquisitiveness
  • Knowledge of equity risk models is a plus
  • Excellent analytical, problem solving skills, attention to detail and an emphasis on precision
  • Knowledge of Scientific Python stack, experience in dealing with large data sets and statistical processing
  • Programming skills in Python (preferred)/MATLAB/Java with strong object-oriented skills

Qualification & Experience:

  • High degree of professional integrity, discretion and judgement
  • Bachelor’s or Master’s Degree in computer science/engineering/quantitative field with strong computing skills
  • Experience with SDLC including agile development methodologies, test-driven development, version control and CI/CD tools
  • Experience working in investment management, trading or finance related fields is a plus
  • Experience in applying mathematics and statistical techniques to tackle complex problems

Job Details:

Company: Blackrock

Vacancy Type:  Full Time

Job Functions: Information Technology

Job Location: Raleigh, NC, US

Application Deadline: N/A

Apply Here