Full-Time

Associate Data Scientist

Platform Team

Posted on 10/7/2025

Deadline 10/17/25
BlackRock

BlackRock

Global asset management and risk services

No salary listed

Bengaluru, Karnataka, India

Hybrid

Employees are required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.

Category
Data & Analytics (1)
Required Skills
Scikit-learn
Python
Data Science
Git
Machine Learning
Pandas
NumPy
Requirements
  • Bachelor’s degree or higher degree in statistics, data science, computer science, economics, or another quantitative field.
  • 7+ years’ experience applying data science / machine learning in a commercial setting.
  • Track record of successfully delivering end-to-end data science / machine learning solutions.
  • Ability to work effectively with senior stakeholders and clients.
  • Excellent communication skills to bridge technology and business.
  • Proficient / intermediate level programming skills, preferably Python.
  • Software collaboration experience using version control, preferably Git.
  • Experience using foundational data science libraries e.g., Pandas, NumPy, scikit-learn or equivalent.
  • Experience applying state-of-the-art machine learning to commercial problems.
  • Experience using software development / deployment tools, platforms, and best practices e.g., CI/CD pipelines, containerization technology and cloud computing platforms.
  • Experience querying for and manipulating data using database technologies.
  • Highly motivated, collaborative, innovative, inquisitive, customer-centric and demonstrates a growth mindset.
Responsibilities
  • Accelerate data collection at scale from millions of sources.
  • Design, build, and deploy workflows at scale that seamlessly combine AI/ML with human expertise.
  • Elevate development standards and empower others adopt them through re-usable services, frameworks, templates, and knowledge sharing.
  • Collaborate with engineering teams across the business to improve time to value and to ensure that the best options for internal technical solutions are known.
  • Explore new technologies, approaches, and ideas that help to drive our business goals in unexpected ways.
  • Understand and translate business problems into data science / machine learning solutions.
  • Align desired business outcomes with clear and observable success measures.
  • Determine the value proposition of data science / machine learning solutions verses alternatives.
  • Propose smart, pragmatic, and diverse approaches to address a variety of business problems.
  • Lead individual and group projects, driving them towards the desired outcome.
  • Forge constructive business relationships with key stakeholders.
  • Prioritise and refine own work and tasks relating to the projects you lead and contribute to.
  • Operate as a “full-stack” Data Scientist – taking projects from problem formulation to production.
  • Design and run focused experiments targeting specific business outcomes.
  • Write quality code to realise models, perform analytics, and draw actionable insights from data.
  • Leverage software development tools and platforms to enable and support solutions.
  • Exemplify and demonstrate best-practice data science and machine learning across the business.
  • Present results and recommendations clearly, succinctly, and honestly to a variety of audiences.
  • Use compelling storytelling to contextualise data visualisations / insights and inspire action.
  • Stay abreast of the latest developments in data science and machine learning and identify those with business impact.
Desired Qualifications
  • A “let’s do it” and “challenge accepted” attitude when faced with the less known or challenging tasks.
  • Ability to perform well in a fast-paced environment, developing iterative sustainable solutions with best practices (security, code quality, documentation) and long-term vision.
  • Curiosity and willingness to learn about new technologies, ways of working and acquire new skills possessing a growth mindset.
  • Understanding that generating positive outcomes requires knowledge of the stakeholder and the problem space to allow effective use of your technical knowledge ability.
  • Passion to improve the capacity of engineering teams to deliver value through collaboration, excellent tooling, and thin configurable services.
  • Excitement to collaborate with technical and non-technical colleagues across teams.

BlackRock is a global asset manager that serves institutions and individual investors with a wide range of investment products. It pools client money into funds across equities, bonds, multi-asset, and alternatives, and uses teams to select and rebalance investments to meet objectives. It earns fees from assets under management, advisory services, and its Aladdin platform, which provides risk analytics and portfolio tools to big investors. Its scale, broad product lineup, and the Aladdin platform differentiate it, while its goal is to grow client assets and help clients reach their financial objectives over time.

Company Size

N/A

Company Stage

IPO

Headquarters

New York City, New York

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • IBIT options surpass Deribit on April 25, 2026, drawing institutional Bitcoin flows.
  • Launches ISOV active EMD ETF on April 30, 2026, targeting high-yield opportunities.
  • Tokenised Treasury fund enables OKX collateral framework with Standard Chartered May 2026.

What critics are saying

  • TCP Capital Corp. cuts 5% valuation with $35M markdowns in Q1 2026.
  • Aladdin outage triggers client defections to Palantir within 18 months.
  • DOJ mandates Big Four asset divestitures by 2028 over antitrust oligopoly.

What makes BlackRock unique

  • Aladdin platform delivers risk management to major institutions since 2000.
  • Manages iShares ETFs, dominating index funds with Vanguard and State Street.
  • Leads crypto ETFs; IBIT options hit $27.61B open interest April 2026.

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Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Company News

Dr.Web
May 8th, 2026
Bezos raises $9.8B for Project Prometheus AI lab at $37.3B valuation

Project Prometheus, an AI laboratory co-founded by Jeff Bezos, has closed a funding round of €8.7 billion at a €33 billion valuation. Investors include JPMorgan and BlackRock. Bezos returns to an operational role alongside co-CEO Vikram Bajaj, a quantum physicist. The funding round was expanded from an initial €5.4 billion due to high demand. The company is headquartered in San Francisco with offices in London and Zürich. Unlike language-focused AI labs, Prometheus develops AI systems that understand physical laws for industrial applications, including materials research, fluid simulation and robotic manipulation. The company plans to establish a holding structure to acquire industrial companies that could benefit from its AI technology, following a Berkshire Hathaway-style model. The Zürich office positions Prometheus as a competitor for talent in the DACH region's engineering sector.

Bitcoin Products
Apr 30th, 2026
BlackRock IBIT options just crushed Deribit volume and here's what Bitcoin traders need to know.

BlackRock IBIT options just crushed Deribit volume and here's what Bitcoin traders need to know. BlackRock's IBIT options hit $27.6B open interest, overtaking Deribit. What this shift means for Bitcoin price discovery and traders. For a decade, Deribit was the undisputed king of Bitcoin options. That era officially ended on April 25, 2026, when BlackRock's IBIT Bitcoin ETF options hit $27.61 billion in open interest on Nasdaq, edging past Deribit's $26.90 billion. This isn't just a milestone for BlackRock. It's a structural shift in how Bitcoin derivatives work, where institutional money flows, and ultimately where price discovery happens. If you trade Bitcoin or hold it for the long term, here's why this matters. The numbers behind the shift. IBIT options launched in late 2024. In less than two years, they've overtaken a platform that spent a decade building liquidity in crypto-native derivatives. That speed tells you something about how quickly institutional capital can reshape markets when it finds a regulated on-ramp. The comparison goes deeper than raw volume. IBIT options show stronger bullish positioning, with call open interest implying Bitcoin price targets around $109,709. That's roughly 41% above where Bitcoin was trading at the time (approximately $77,400). Deribit's equivalent target sits around $106,000, still bullish but notably more conservative. Perhaps more telling: the average IBIT options expiration is October 2026, about two months longer than Deribit's August 2026 average. Longer-dated positioning typically signals conviction rather than speculation. Institutional traders aren't just betting on Bitcoin; they're positioning for multi-month holds. Why this happened. The shift reflects something traders have anticipated since spot Bitcoin ETFs launched in early 2024: traditional finance infrastructure attracts traditional finance money. Deribit served crypto well. It offered deep liquidity, perpetual contracts, and the kind of leverage that institutional compliance departments often reject. But it operated offshore, outside the regulatory frameworks that pension funds, endowments, and registered investment advisors require. IBIT options trade on Nasdaq. They settle through established clearinghouses. They fit into existing brokerage infrastructure. For a hedge fund manager who needs to explain positions to a compliance officer, that matters more than Deribit's superior fee structure. There's also a mechanical factor worth noting. IBIT options exhibit slightly higher implied volatility than Deribit equivalents. This stems partly from ETF holders' limited ability to short the underlying shares, creating demand for put hedges that pushes up premiums. It's a quirk of the regulated structure, not necessarily a better read on actual expected volatility. What this means for price discovery. Bitcoin's price has always been set across a fragmented landscape of exchanges, each with different liquidity profiles and user bases. Adding regulated U.S. derivatives into that mix changes the equation. Institutional options flow now rivals, and sometimes exceeds, crypto-native platforms. When a large fund rolls a position or hedges exposure through IBIT options, that activity affects price in ways that may not immediately register on offshore exchanges. The practical implication: traders who only watch Deribit are now missing part of the picture. Open interest, put/call ratios, and strike concentration on IBIT have become essential data points. This could also reduce the influence of offshore volatility on spot prices over time. When institutional flows dominate derivatives volume, their longer time horizons and different risk tolerances may dampen the sharp moves that crypto markets are known for. Whether you view that as stabilization or dampened opportunity depends on how you trade. The counterargument. Not everyone sees this as progress. Critics point out that regulated markets come with limitations, including trading hours, position limits, and surveillance that crypto-native platforms don't impose. Deribit still offers perpetual contracts, more granular strike prices, and 24/7 trading. For active traders who want flexibility and leverage, it remains the better tool. The IBIT shift primarily reflects institutional preferences, not necessarily superior market structure. There's also a philosophical concern worth acknowledging. Bitcoin was designed to operate outside traditional finance. Its derivatives trading moving into TradFi venues represents a kind of absorption by the system it was meant to circumvent. You can view that as maturation or co-optation depending on your perspective. What traders should do now. If you actively trade Bitcoin options or use derivatives for hedging, you need to track both venues. IBIT open interest and strike distribution now carry as much signal as Deribit's, sometimes more for understanding institutional sentiment. Watch for divergences between the two. When IBIT calls cluster around specific strikes that Deribit doesn't reflect, or vice versa, those gaps can indicate where different market participants expect price to go. Pay attention to expiration calendars. The longer average duration on IBIT suggests institutional traders are positioning for moves that may take months to play out. If you're trading shorter timeframes, that context matters. For long-term holders who don't trade derivatives, the main takeaway is simpler: Bitcoin's integration into traditional finance continues accelerating. The infrastructure that supports price discovery is increasingly the same infrastructure that handles equities, bonds, and commodities. That brings stability, liquidity, and institutional legitimacy. It also brings Bitcoin further into a system that operates on rules quite different from its original design. Two years from ETF options approval to surpassing a decade-old incumbent. Whatever comes next, it's probably coming faster than most people expect.

Portfolio Adviser
Apr 30th, 2026
BlackRock launches active EMD ETF.

BlackRock launches active EMD ETF. The fund aims to grant exposure to the asset class using the transparency of the ETF wrapper 30 April 2026 BlackRock has announced the launch of the iShares $ EM Bond Active UCITS ETF (ISOV), an active emerging market debt (EMD) ETF. The fund will combine active security selection with the liquidity and transparency of the ETF wrapper. Emerging market debt represents "one of the most diverse potential opportunity sets in fixed income", according to the firm, with high yields, US interest rates near their peak and a weaker dollar, all contributing to a strong backdrop. Michel Aubenas, head of emerging market debt at BlackRock, said: "Emerging market debt is an asset class where consistency matters. "Yields are at historically attractive levels, but returns are unlikely to come from a single theme or trade." The new fund will be managed by Aubenas, Ana-Sofia Monck and Kirill Veretinskii and supported by the wider global emerging market debt team at BlackRock. Vasiliki Pachatouridi, head of iShares fixed income product strategy EMEA, added: "Our research shows that many European investors remain underallocated to emerging market debt." He attributed this mostly to concerns over complexity and volatility, which the new fund aims to address with the transparency and liquidity of the ETF wrapper. MORE ARTICLES ON

Yahoo Finance
Apr 14th, 2026
BlackRock nets $935M in Bitcoin ETF inflows in Q1 2026, commands over 50% market share

BlackRock pulled in $935 million of net inflows into its crypto exchange-traded funds in the first quarter of 2026 and $32 billion over the past year. The asset manager saw $130 billion in total net inflows during Q1, which CEO Larry Fink called "one of the strongest starts to the year in BlackRock's history". However, crypto remains a small part of BlackRock's business, generating just $42 million in quarterly base fees against $6.7 billion in total revenue. BlackRock dominates the Bitcoin ETF market with over 50% market share, holding around 890,000 of the 1.6 million Bitcoin in ETFs, according to Dune. Competition is intensifying after Morgan Stanley launched a Bitcoin ETF in April with lower fees. BlackRock filed for a second Bitcoin product in January.

Dailyfly News
Apr 14th, 2026
Washington governor directs $500K to IonQ's quantum computing facility expansion in Bothell

Governor Bob Ferguson has directed $500,000 from Washington's Economic Development Strategic Reserve Fund to support IonQ's expansion in Bothell. The quantum computing manufacturer, whose largest shareholders include Vanguard, BlackRock and Morgan Stanley Investment Management, will use the funding for building upgrades, workforce expenses and expansion costs. The state funding is matched by over $14 million in private investment. IonQ opened the nation's first dedicated quantum computing manufacturing facility in Bothell in 2024, which has since expanded into a 100,000-square-foot hub. The expansion is expected to create between 1,200 and 2,000 jobs over five years. IonQ develops quantum computing systems for complex problems in healthcare, energy and cybersecurity. The Strategic Reserve Fund uses unclaimed lottery prize money for economic development projects.

INACTIVE