Vice President - Quantitative Researcher

** About this role*
* Company:
Black Rock Financial Management, Inc.

Job Title:

Vice President - Quantitative Researcher

Location:

50 Hudson Yards, New York, NY 10002

Job Duties:

Generate Black Rock's industry-leading, climate-aware Capital Market Assumptions by building new quantitative models to project the returns of assets through time. Help build and lead calibration and testing of enhancements to the multi-currency, multi-asset stochastic simulation engine used to produce the Capital Market Assumptions. Develop new asset allocation and optimization frameworks that help clients meeting their long-term investment objectives, and partner with internal investment teams to use them to help manage client portfolios.

Deliver content to build our brand by helping the Black Rock Investment Institute communicate our research in internal and external publications and client meetings.

Qualifications:

Master's degree (or foreign equivalent) in Mathematics, Engineering, Science, Finance, Accounting or a related field and 36 months of experience in the job offered or in a related occupation. Alternatively, employer will accept Bachelor's degree (or foreign equivalent) in Mathematics, Engineering, Science, Finance, Accounting or a related field and 60 months (5 years) of experience in the job offered or in a related occupation.

Requires 36 months (3 years) of experience (with Master's degree) or 60 months (5 years) (with Bachelor's degree) in each of the following:
1. Experience producing long-term (5+yrs) forecasts of private market asset class return and risk, conditioned on the macroeconomic environment and underlying asset class fundamentals, for both broad markets (private equity, private credit, real estate, infrastructure) and more granular exposures (sub-strategies for each region). 2. Experience producing long-term (5+yrs) forecast of credit spreads, credit transitions, and credit spread volatility, conditioned on the macroeconomic environment and underlying asset class fundamentals, for various asset classes, regions, and rating cohorts.

3. Python, including the packages Num Py, Pandas, Sci Py, Stats models, and Jax. 4. Experience building, calibrating, and testing multi-currency, multi-asset stochastic simulations engines.
5. Experience using econometrics, Bayesian statistics, optimization, and machine learning for economic and financial research, such as constructing forward-looking asset class forecasts or developing stochastic simulation engines.
6. Knowledge of private market data vendors (Preqin, eFront, Pitchbook, Scientific Infra, NCREIF, Lincoln International). 7. Experience developing forward-looking macroeconomic and asset return scenarios for use in multi-asset portfolio construction.
8. Knowledge of Aladdin risk factor models.

To apply , please click "Apply" on this webpage.

For New York, NY Only the salary range for this position is USD$ - USD$ . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock 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*
* Black Rock'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 Black Rock.

** About Black Rock*
* At Black Rock, 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…