Vice President, Quant Research
Summary of Duties: Design, develop, and program methods, processes, and systems to consolidate and analyze unstructured and diverse data sources to generate actionable insights and solutions for client needs and product enhancements. Interact with stakeholder teams to identify questions and issues for data analysis. Research opportunities for new uses of existing data and develop processes for data modeling, mining, and production. Work with different datasets and runs algorithms on large size data effectively and efficiently, staying up to date with all the latest cutting-edge technologies.
Qualifications: Master’s degree in Finance, Financial Engineering, Management Science and Engineering, or a related field, and four (4) years as an Associate, Quant Research; Analyst, Quant Research; or related role. Employer will also accept a Bachelor’s degree in Finance, Financial Engineering, Management Science and Engineering, or a related field, and six (6) years as an Associate, Quant Research; Analyst, Quant Research; or related role. Four (4) years of experience required with: utilizing Python to conduct data analysis and quantitative research to identify macro and microeconomic trends and produce return forecasts for various asset classes; utilizing advanced data science techniques, including natural language processing or machine learning, to conduct quantitative research used in formulating return forecasts across various asset classes and investment related topics; working with large and unstructured datasets to produce actionable insights that can be used by the investment team to make data-driven investment recommendations and decisions; utilizing financial engineering techniques to conduct quantitative research; and researching and producing investment signals based on financial data and utilizing multi-factor risk models and optimization techniques. If qualifying with a Bachelor’s degree, must have six (6) years with the aforementioned skills.
The salary range for this position is $166,500 – $205,000 per year. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.
For New York City only: The salary range for this position is $166,500 – $205,000. 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.
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 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. 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.
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.
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.