Blackrock Investment Institute

About this role

BlackRock is one of the world's largest and most prominent investment management firms, managing trillions of dollars in assets for institutions, governments, and individuals worldwide.  We offer a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and alternative investments, catering to various investor needs and risk appetites.  BlackRock has embraced technology in its operations and investment strategies, utilizing advanced analytics, machine learning, and data-driven insights to enhance decision-making processes and optimize portfolio performance.

The BlackRock investment institute (BII) leverages BlackRock's expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics, and long-term asset allocation - all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock’s expertise in markets, asset classes, and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed, and on the cutting edge of investment thinking.

Why is your role important?

Reporting to the Head of Macro, this economist will be a member of a small team globally responsible for conducting analysis of major economies and forming views about the future development of those economies. This role will focus primarily on the US but will also be expected to cover other economies. The economic views formed by the team underpin asset allocations over both the tactical and strategic horizons that give Blackrock’s clients the whole-portfolio perspective that they need today.

What will you be doing?

• Identifying and producing impactful and timely macro analysis to inform investment platform debate and decisions.

• Tracking and analyzing global policy and data developments of relevance to investors.

• Developing and articulating the BII’s global macro views in support of both tactical and strategic investment views, including capital market assumptions.

• Economic and financial modeling: developing, applying, analyzing, and dissecting quantitative models

• Participating in global client engagement, engaging investors on global macro issues.

What are we looking for?

• 3+ years of experience in a market economist position in the financial services or policy-making sectors.

• Strong background in macroeconomics and finance with substantial experience forecasting and analyzing economic trends. Intellectually curious and able to frame new issues for investors and clients.

• Deep knowledge of Microsoft Office suite (PowerPoint, Excel, Word); very strong statistical/econometric software skills are required. Python and other coding skills highly desirable

• A credible thought leader and effective in both verbal and written communications.

• Ability to build and maintain strong relationships internally and externally.

For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . 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.

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

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 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 BlackRock.

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 @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

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.