Director, Financial Modelling – New York

Full-time @BlackRock in Analytics & Risk jobs
  • New York, US View on Map
  • Apply Before : January 9, 2023
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Job Description

Join leading Investment management company BlackRock as Director, Financial Modelling in New York, US. refer job details to submit BlackRock job application in New York.

 

Job Title : Director, Financial Modelling

Location : New York, US

Job Category: Analytics & Risk

 

Description

About this role

Business Unit Overview

Come join a diverse and collaborative team of researchers at the Financial Modeling Group (FMG) who are responsible for the research and development of financial models underpinning the risk management and relative value analytics produced at BlackRock. Given the diversity of business objectives among BlackRock Solutions clients and within BlackRock itself the models developed and supported by FMG span a wide array of financial products, ranging from equity to fixed income to derivatives. In addition, members of FMG seek to provide analysis and insight on many different levels from analysis of the cash flows of a single bond to the overall financial risk associated with an entire portfolio, enterprise or balance sheet.

Who We Are

BlackRock’s business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. That’s why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars. Companies, institutions and global governments come to us for help meeting their biggest financial challenges.
Single Security Pricing (SSP) is a small, close-knit team with a collegiate culture that values openness, creativity and attention to detail. Our current large initiatives are building a new term structure model and developing analytics for private credit markets.

Key Responsibilities

Model Development: Develop innovative corporate credit models using a range of quantitative approaches
Talent development: Develop and retain a robust team, offering ongoing feedback and overall career mentorship and build the right talent balance by assessing skill sets and by providing ongoing mentoring to the team
FMG & BlackRock engagement: Lead cross functional project partnering with engineering, operations, and compliance. And direct major cross-functional initiatives with effective prioritization and influence

What you will be doing 

Corporate Credit Modeling: The Director, Corporate Credit Modeling Lead will lead modeling through expanding product and market coverage to address evolving client needs by researching, implementing and rolling out new corporate credit models and enhancing existing ones.
Analytical Support: Maintain existing models, interact with BlackRock as well as Aladdin client portfolio managers, traders and risk managers.

What we are looking for

A Degree in a Quantitative Field: An advanced quantitative degree (preferably a Ph.D.) is required
Experience of building credit risk models
Experience of securitized products pertaining to corporate credit collateral (CLO)
Understanding of fixed income analytics such as cash flow generation, yields, duration, convexity and option adjusted spread.
Ability to implement models using Python or R

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 pilot

BlackRock’s current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what’s important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our “One BlackRock” culture means you’ll be supported to collaborate with your new colleagues while bringing your full self to work – wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About 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.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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.

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