BlackRock, Inc

Portfolio Risk Modeler Data Lead, Vice President II

BlackRock, Inc$170K — $225K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8-12+ years in quantitative modeling, risk, or analytics environments
  • Strong familiarity with global fixed income and equity datasets
  • Proven experience leading data initiatives across teams
  • Deep understanding of data lifecycle and quality control frameworks
  • Ability to prototype and validate data logic using Python/SQL or similar
  • Strong stakeholder management and execution focus
  • Exceptional attention to detail and delivery mindset

Responsibilities

  • Own the data domain for portfolio risk models, ensuring high data quality and usability
  • Ensure data meets requirements for accuracy, completeness, consistency, and timeliness
  • Define and evolve scalable quality control frameworks aligned with modeling needs
  • Drive improvements in data integration into modeling workflows
  • Design and implement data validation rules and quality control logic
  • Establish monitoring across input and derived model data
  • Lead onboarding and evaluation of new datasets for modeling and research

Benefits

  • Strong retirement plan
  • Tuition reimbursement
  • Comprehensive healthcare coverage
  • Support for working parents
  • Flexible Time Off (FTO) policy
  • Hybrid work model to support collaboration and flexibility
Full Job Description
About this role

We are seeking a VP-level Data Lead to drive the data domain supporting global multi-factor Portfolio Risk models across fixed income and equity.

This role is responsible for end-to-end execution and ownership of data quality, validation, and usability across the modeling data lifecycle. The VP will partner closely with modeling, engineering, and upstream data teams to ensure that data powering portfolio risk models is robust, well-governed, and aligned with modeling requirements.

The role combines strategic judgment with hands-on execution, with an initial focus on model input data onboarding and quality control, expanding over time to derived data, QC frameworks, and integration of new datasets.

Domain & Data Scope
  • Market data (prices, yields, spreads, returns) across regions and time zones
  • Firm fundamentals and issuer-level financial metrics
  • Bond-level characteristics and reference/security master data
  • Fixed income analytics such as durations and spreads
  • Equity returns, factor inputs, and cross-asset pricing series

Scope also includes:
  • Derived model data (factor exposures, covariance matrices, risk decompositions)
  • Model validation metrics and QC monitoring frameworks
  • Research and exploratory datasets, including structured and unstructured sources


Key Responsibilities
Data Domain Execution & Ownership
  • Own the data domain for portfolio risk models, ensuring high standards of data quality and usability
  • Ensure data meets requirements for accuracy, completeness, consistency, and timeliness
  • Define and evolve scalable QC frameworks aligned with modeling needs
  • Drive improvements in data integration into modeling workflows
Quality Control & Validation
  • Design and implement data validation rules and QC logic
  • Establish monitoring across input and derived model data
  • Ensure traceability, documentation, and reproducibility of model data
  • Prioritize improvements based on impact to model performance and stability
Cross-Functional Delivery
  • Partner with portfolio risk modeling teams to translate requirements into data solutions
  • Collaborate with data engineering teams to define and implement data pipelines
  • Engage with upstream data providers to improve data quality and reliability
  • Drive resolution of data issues across teams with strong ownership
Data Evolution & Research Enablement
  • Lead onboarding and evaluation of new datasets for modeling and research
  • Define governance approaches for structured and unstructured data integration
  • Support adoption of advanced techniques (including AI/ML where relevant)
Leadership & Communication
  • Drive execution across global, cross-functional stakeholders
  • Provide clear, structured updates on data quality, risks, and initiatives
  • Promote accountability and strong execution standards across partners


Experience
  • 8-12+ years supporting data in quantitative modeling, risk, or analytics environments
  • Strong familiarity with global fixed income and/or equity datasets
  • Experience driving data initiatives across multiple teams and workflows


Required Skills
  • Deep understanding of data lifecycle, QC frameworks, and validation processes
  • Strong grasp of portfolio risk modeling data requirements
  • Ability to prototype and validate data logic (Python/SQL or similar)
  • Strong stakeholder management and execution focus
  • High ownership, attention to detail, and delivery mindset


What Success Looks Like
  • Data supporting models is high quality, well-governed, and consistently reliable
  • QC frameworks are robust, scalable, and aligned with modeling use cases
  • Data onboarding is efficient and integrated into modeling workflows
  • Cross-team data initiatives are delivered with clear ownership and outcomes
  • Modeling teams experience smooth, predictable data workflows


For New York, NY Only the salary range for this position is USD$170,000.00 - USD$225,000.00 . 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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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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