BlackRock is a leading investment management firm, and they are seeking a highly quantitative and motivated Associate to join their Quantitative Investment Solutions team. The role involves contributing to quantitative strategy research, including building research infrastructure and managing back-tests and simulations for tax-managed investment strategies.
Responsibilities
- Assist in the design, advancement, implementation, and maintenance of research infrastructure and tools to support quantitative research, investment strategy development and evaluation
- Conduct backtesting and simulation of investment strategies, with a focus on tax-aware portfolio construction and risk modeling
- Analyze large and complex datasets to extract insights and support research hypotheses, investment strategy validation, and strategy development
- Collaborate with senior researchers and portfolio managers to develop and refine systematic investment strategies, tax-managed optimizations, and portfolio management processes
- Create clear and compelling visualizations and documentation to communicate research findings to internal stakeholders and external clients
- Contribute to the team’s thought leadership by supporting the development of white papers, presentations, and internal knowledge sharing
Skills
- Bachelor's degree in quantitative fields such as Mathematics, Statistics, Computer Science, or Engineering
- Substantial programming experience in Python and excellent Excel skills; familiarity with data analysis libraries (e.g., pandas, NumPy, SciPy) are essential; experience with machine learning techniques is a plus
- Demonstrated experience working with large datasets and conducting empirical research
- At least 1 year of relevant industry work experience is preferred; quantitative portfolio management experience a plus
- Excellent analytical and problem-solving skills, with acute attention to detail
- Strong written and verbal communication skills, with the ability to explain technical concepts to non-technical audiences
- Interest in tax-aware investing, portfolio construction, and systematic strategies
- Experience with financial modeling, optimization, or portfolio analytics
- Experience with equity and option asset classes
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Company Overview
BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. It was founded in 1988, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is http://www.blackrock.com.Company H1B Sponsorship
BlackRock has a track record of offering H1B sponsorships, with 1 in 2026, 18 in 2025, 34 in 2024, 7 in 2023, 37 in 2022, 31 in 2021, 27 in 2020. Please note that this does not guarantee sponsorship for this specific role.