BlackRock, Inc

Data Engineer, Associate - Aladdin Financial Engineering

BlackRock, Inc$137K — $170K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s or master’s degree in computer science with a minor in Math, Econ, or related field
  • 3+ years of relevant experience
  • Strong analytical and problem-solving skills
  • Proficiency in Scala and functional programming
  • Experience with ETL, data curation, and analytics jobs
  • Familiarity with large enterprise databases like Snowflake and Cassandra
  • Basic knowledge of financial instruments and statistical methodologies

Responsibilities

  • Join the Advanced Data Analytics team as a Subject Matter Expert for Structured Products
  • Leverage Big Data technologies to enhance analytics offerings
  • Build comprehensive analytics solutions using platforms like Snowflake and Databricks
  • Utilize statistical methodologies to develop predictive models
  • Collaborate with investment teams to generate investment intelligence
  • Deliver research and derived data for core analytics teams
  • Enable governance in data management processes

Benefits

  • Comprehensive healthcare coverage
  • Retirement planning support
  • Tuition reimbursement
  • Flexible Time Off (FTO) policy
  • Support for working parents
Full Job Description

About this role

Join a diverse and collaborative team of over 300 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, the business responsible for the research and development of Aladdin’s financial models. This group is also accountable for analytics production, enhancing the infrastructure platform and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFE provides investment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise.

Role Description:

We are looking for a person to join the Advanced Data Analytics team within AFE Single Security.Advanced Data Analytics is a team of Quantitative Data Specialists, focused on delivering Research & Derived Data, Governance and Research Platform. The team leverages data, cloud, and emerging technologies to deliver research and production data/data solutions, for core analytics and investment teams, in the Single Security space. The team uses various statistical/mathematical methodologies to derive insights and generate content to help develop predictive models, clustering, and classification solutions and enable Governance.The team works on Mortgages, Structured Products, Credit Products, and Private Markets.

We are looking for a person to work on our Structured Product space as well as focus on public structured products. The individual will contribute as SME on structured products. The person will leverage Big Data technologies, Data platforms like Snowflake, Databricks to build out comprehensive analytics offering backed by enhanced data as well as leverage AI for efficiency and agentic automation. The person will partner with Investment teams and clients to help generate Investment Intelligence.

Experience

  • Strong analytical and problem-solving skills
  • Excellent communication t abilities.
  • Experience in Scala & Functional Programming
  • Knowledge of ETL, data curation and analytical jobs
  • Experience leveraging distributed computing framework with Spark
  • Basic knowledge of financial instruments like Bonds, Derivatives etc.
  • Basic knowledge of statistical methodologies
  • Knowledge and Experience of working with large enterprise databases like Snowflake, Cassandra
  • Experience in cloud managed services like Dataproc, Databricks is a plus
  • Experience in Python is a plus

Qualifications

  • Bachelor’s/master's in computer science with a minor in Math, Econ, or related field
  • 3+ years of relevant experience

For New York, NY Only the salary range for this position is USD$137,500.00 - USD$170,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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, Inc

BlackRock is an investment management company that provides its services to a diverse range of clients, including institutions, intermediaries, foundations, and individual investors. The firm operates as a global asset manager, overseeing and advising on a wide array of investment portfolios. In addition to its role as an investment manager, BlackRock is also known for its technological innovations and solutions that support various aspects of the financial industry. The company's multifaceted approach encompasses investment management, financial technology, and serving a broad spectrum of clients in the financial ecosystem.

BlackRock, Inc Careers

Join the dynamic team at BlackRock, Inc, a premier global investment management firm, where innovation meets professional excellence. BlackRock offers unparalleled job opportunities in the finance sector, making it an ideal place for ambitious professionals to grow and excel. Work You’ll Do At BlackRock, Inc, you will be part of a culture that values diversity, leadership, and continuous growth. Engage in work that makes a real impact on the global economy, helping clients meet their investment goals while contributing to sustainable economic growth. Our team at BlackRock is composed of highly skilled professionals who lead the industry not just in assets under management but in ideas and innovation. Here, your skills will be honed through rigorous training and your career path will be as dynamic as the markets we navigate. BlackRock, Inc’s Leadership and Development Step into a role that challenges and excites with every project. BlackRock, Inc is not just hiring; we are building a future where every team member is equipped to lead. We believe in nurturing leadership through hands-on roles and comprehensive diversity training programs. Internship and Employment Opportunities Start your career with a BlackRock internship, where you will gain not just valuable work experience but also insights into our unique approach to investment management. Our internships are the first step to full-time employment, offering a deep dive into financial services with real responsibilities and learning opportunities. Benefits and Growth At BlackRock, Inc, we understand that our company’s success depends on the growth and satisfaction of our team. That’s why we offer competitive benefits designed to support your life, both at work and outside of it. From health and wellness to financial planning, we ensure our team is well taken care of. Innovation at Every Level Innovation is at the core of BlackRock, Inc. We invest in technology and ideas that redefine the boundaries of financial services. Our commitment to innovation is reflected in how we solve the industry’s biggest challenges and how we serve our clients. Networking and Professional Development Enhance your career with BlackRock’s expansive networking opportunities. Connect with industry leaders, participate in global forums, and collaborate with teams that champion creativity and forward-thinking. Our networking events are designed to foster connections that lead to groundbreaking solutions. Join Our Team Explore the job opportunities at BlackRock, Inc and find the position that matches your skills and ambitions. We are looking for curious, driven, and innovative individuals to join our team. Check out our open positions and prepare your resume for an exciting journey in the world of finance. Stay Connected Keep up to date with the latest from BlackRock, Inc Careers through our dedicated careers blog. Gain insider perspectives that can help you before, during, and after the interview process. Learn from the best and become a part of a company that’s shaping the future of finance. Job Alert Emails Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities waiting for you at BlackRock, Inc. Join BlackRock, Inc and be part of a team that’s dedicated to creating a better financial future for our clients worldwide. Your path to professional excellence starts here.
Learn more about BlackRock, Inc
Market Cap
$105.5 billion
Industry
Net Income
$4.9 billion
Founded
1988
5 Year Trend
+9.6%
Revenue
$16.2 billion
NASDAQ

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