Associate, Quantitative Research

New York, NY

Full-time

Hybrid

$145K/yr - $162K/yr

Entry Level

BlackRock is a global investment management corporation dedicated to helping people experience financial well-being. The Associate, Quantitative Research role involves developing trading signals, conducting data enrichment projects, and improving trading models and systems.

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Responsibilities

Develop trading signals to improve trading strategies and build metrics to evaluate trading performance.
Conduct data enrichment projects to explore alternative datasets and contribute new insights to alpha and investment research.
Improve the current suite of securities lending models, create proprietary models and maintain ongoing production and governance.
Calibrate algorithms in Securities Lending e-trading and automation.
Work closely with business stakeholders and technologists to improve the electronic trading system design and to deploy new models and algorithms into production.
Build close ties with traders, investors, risk managers and quantitative research teams across BlackRock.

Qualification

Required

Master’s degree in Business Analytics, Management Information Systems, Business Administration, Mathematical, Computer Science or a related field and one (1) year of experience as an Associate or a related role.
In the alternative, the employer will accept a Bachelor’s degree in Business Analytics, Management Information Systems, Business Administration, or a related field and three (3) years of experience as an Associate or a related role.
Must have one (1) year of experience with: Mathematical and Statistical techniques including machine learning for Financial Modelling; Working with datasets for data analytics and trading signal development; Programming skills including Python and SQL; and Electronic and Algorithmic Trading and workflow automation.
Must have any amount of experience with: Securities Lending Trading to design workflow for the business; and Quantitative Trading Platform design.