BlackRock Solutions® offers a broad range of tools and services, from risk analytics to highly sophisticated enterprise investment systems, designed to help institutions understand and manage the risks and operational complexities inherent in their financial activities. BlackRock Solutions' systems and analytics have been developed and used by BlackRock to support efficient and effective investment operations for over 15 years. Today, BlackRock Solutions provides services to both BlackRock's internal asset management team and a variety of best-in-class external clients. In all, $7 trillion in securities and derivatives are maintained on our system as of June 30, 2008.
The Portfolio Analytics Group (PAG) is the risk management and analytics group at BlackRock that utilizes sophisticated analytics within our fixed income, equity and alternatives businesses to help our clients and portfolio managers achieve optimal portfolio risk-adjusted returns. PAG provides the daily risk management measurement and reporting and ad-hoc analytical support to over $7 trillion worth of assets under risk management across thousands of portfolios. Analysts will gain a broad understanding of the asset and risk management business which includes: learning about the wide range of securities our clients’ trade, how they are priced in the market, how we analyze them within BRS and what sensitivities they have to various market factors. The group is also responsible for developing, maintaining and enhancing the technology that is used to support the trading and reporting needs of BlackRock Solution’s risk management clients.
We have a challenging opportunity for an analytical and detail oriented professional in the Portfolio Analytics Department of BlackRock Solutions. This position is interdisciplinary and interacts daily with our analytics, relationship management and technology teams to support BlackRock Solutions growing business. The ideal candidate for this role will be someone who wants to apply their technical acumen to solve problems in the field of Risk Management.
Position Description:
Support Business Development efforts to win new assignments and increase market share
Model prospective client portfolios for use in pitch-books and product demonstrations
Ensure the accuracy of security-level analytics, sector exposures and tracking error for new assignments
Partner with our Relationship Management and Analytics Teams to provide risk management solutions
Integrate new financial products and analytics into our risk reporting suite and quality control process
Implement systems to improve our client’s business processes
Improve margins through business process engineering, automation and improving quality assurance
Analyze strategic enhancements to our daily production cycles
Enhance quality controls for derived analytics and portfolio exposures
Requirements:
Recent graduate or less than 3 years of relevant experience
A Bachelors degree with a technical discipline including engineering, finance, economics and the applied sciences
Demonstrates an interest in the financial markets
Interested in leveraging technical skills in support of our asset management and risk management business
