2027 Quantitative Masters Internship Program - Technology - Analytics & Modeling - New York

About the role

Quantitative Master’s Internship Program mirrors the MBA Internship but is tailored for master’s students in quantitative disciplines – giving you the same exposure and impact, with a focus on advanced analytics and problem‑solving. Eligibility: Students enrolled in analytics, computational finance, financial engineering, mathematics and/or a quantitative‑disciplined master’s program and graduating between September 2027 and July 2028 with relevant pre‑master’s work experience.

Aladdin Financial Engineering: We research, develop and implement innovative quantitative models used to assess financial risk across fixed income, equities, derivatives and alternative products through our proprietary technology, Aladdin. We also provide risk management and tailored advice to drive better business and investment outcomes.

Teams you may be considered for:

• Quantitative Research and Modeling: Responsible for all analytics and analytics technology developed and deployed into the Aladdin ecosystem; support and evolve over 200 analytics models spanning single security, securitized products, portfolio construction, portfolio risk, performance attribution, trading and liquidity, energy and climate, and ML/Gen AI model suites.
• Applied Analytics – Portfolio Analytics Group: Develop fit‑for‑purpose solutions for Investment and Client Businesses utilizing Aladdin models and latest quantitative techniques; apply Aladdin financial models to specific BlackRock use cases across Investments and Client Businesses to unlock value through analytical insights; provide critical thought leadership; work closely with internal and external Aladdin clients to ensure proper deployment, usage, adoption and evolution of Aladdin’s entire analytics estate.

Responsibilities

• Technical Development: Use your intermediate coding skills (Python preferred) to design, develop and deliver cutting‑edge financial engineering solutions.
• Data‑Driven Insights: Deliver actionable analytics by developing robust quantitative solutions tailored for Investment and Client Businesses.
• Collaborative Innovation: Work closely with cross‑functional investment and business teams to accelerate strategic initiatives and drive measurable business value.

Qualifications

We are seeking passionate and dynamic Analysts who excel in applying analytical and quantitative techniques to solve real‑world financial challenges, leveraging programming skills, financial acumen and critical thinking.

You will develop expertise in multiple core areas that will serve as the foundation for your career, including:

• Financial markets and investment products
• Quantitative research and modeling
• Technology
• The Aladdin platform

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.

Pay

For San Francisco, CA and New York, NY only: Salary Range (Semi‑Monthly Rate) Technology: $6,500 – $8,000.

Schedule

Our hybrid work model requires employees 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.