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BlackRock

Runs investment funds and sells risk software

Model Portfolio Engineer - Vice President-Multi-Asset Strategies & Solutions

Backend EngineeringConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A bachelor's degree in Computer Science, Engineering, a quantitative discipline, or equivalent practical experience.
  • Strong software engineering skills, including experience using Python or comparable programming languages to build reliable, reusable applications, analytical tools, application programming interfaces, data-driven solutions, or scalable automated workflows.
  • Knowledge of investment management, portfolio construction, portfolio analytics, financial technology, or another quantitatively oriented domain, with strong analytical ability to work with portfolio holdings, allocations, investment data, and large datasets.
  • Ability to translate ambiguous business or investment problems into well-designed technical solutions and take them from initial definition or prototype through implementation, adoption, and ongoing improvement.
  • Interest in applying artificial intelligence and emerging technologies to real investment-management workflows, with an emphasis on practical implementation, appropriate controls, and measurable business impact.
  • Ability to work effectively with technical and non-technical stakeholders and clearly communicate complex investment and technology concepts.
  • Strong interest in operating at the intersection of portfolio management and technology, with the ability and willingness to develop expertise across both investment and software engineering disciplines.

Responsibilities

  • Build and evolve technology and scalable processes that enable the Model Portfolio team to manage a growing and increasingly customized business without requiring proportional increases in manual portfolio management effort.
  • Develop software, analytics, monitoring capabilities, and automated workflows supporting the end-to-end portfolio management lifecycle, including portfolio monitoring, customization, rebalancing, implementation, controls, and identification of investment, implementation, and operational issues.
  • Operate as both a portfolio manager and technologist, participating directly in portfolio monitoring, rebalancing, implementation, and other investment processes while translating those workflows into robust, scalable technical solutions in partnership with portfolio managers and engineering teams.
  • Design tools and workflows that apply quantitative techniques and artificial intelligence to improve portfolio decision-making, automate repetitive work, reduce operational risk, and enable portfolio managers to focus on higher-value investment decisions.
  • Own technical solutions from initial problem definition and prototyping through implementation, adoption, ongoing enhancement, and support.
  • Collaborate across investment, engineering, strategy, infrastructure, operations, and distribution teams to deliver solutions supporting portfolio management and broader business objectives.
  • Contribute to the team's technical strategy by evaluating emerging technologies, rapidly prototyping new approaches, and helping determine which ideas should become durable production capabilities.

Desired Qualifications

  • Relevant financial industry experience is beneficial but not required.
  • Chartered Financial Analyst designation or progress toward the designation is beneficial but not required.

About the Company

BlackRock

Runs investment funds and sells risk software

BlackRock manages money for pension funds, governments, insurers, and everyday savers, and sells the software it uses to run those investments to other firms. In 2009, its purchase of Barclays Global Investors brought in the iShares fund family and made BlackRock the world's largest asset manager. Its iShares exchange-traded funds trade like stocks and mostly track market indexes, while its private funds lend to companies and invest in infrastructure and real estate. BlackRock charges a yearly fee on the money it manages, and banks, insurers, and other investors pay to use Aladdin, its system for measuring risk and running portfolios. Larry Fink and seven partners founded BlackRock in 1988, and it is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1988

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