Quant Research, Associate

About the Role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management, and advisory services to institutional, intermediary, and individual investors. BlackRock offers a range of solutions—from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Clients can access these solutions through individual and institutional separate accounts, mutual funds, other pooled investment vehicles, and the industry-leading iShares® ETFs.

Systematic Active Equity (SAE) is the quantitative equity group within BlackRock’s Systematic investment group. SAE invests client assets using a systematic investment approach, pioneering thought leadership in the industry with over 30 years of consistently achieving client investment goals across global equity markets. Research and innovation are critical to our success, intersecting traditional finance and economics with data and computer science.

We manage over $200 billion USD and have a team of world-class quantitative finance researchers and portfolio managers. Through BlackRock, you’ll gain access to leading investors, thought leaders, and experts in statistics, machine learning, and optimization. Our 40-year track record reflects both performance and innovation.

Responsibilities

• Focus on computer science, data management, mathematical models, and computer simulations.
• Develop and execute algorithmic solutions and software engineering projects.
• Collaborate with investment and quantitative research teams.

Requirements

• Desire to work in a team environment with computer scientists, data scientists, and quantitative investors from diverse backgrounds.
• Passion for algorithmic development and implementation, with keen attention to detail.
• Fascination with aspects of computer science, such as distributed computing, cryptography, and machine learning.
• Working knowledge of serverless architecture, ideally with project contributions in this space.
• Bachelor’s, Master’s, or Ph.D. in computer science with 2+ years of applied experience.
• Proven track record of delivering high-quality software.
• Excellent knowledge of Python/Pandas, as well as Java or C/C++.
• Proficiency with Linux and UNIX systems.
• Experience in distributed computing and GPU utilization.

Benefits

• Strong retirement plan.
• Tuition reimbursement.
• Comprehensive healthcare.
• Support for working parents.
• Flexible Time Off (FTO) to relax and recharge.

Pay

For San Francisco, CA, the salary range for this position is USD $132,500.00 - USD $162,000.00. Employees are also eligible for an annual discretionary bonus and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates on a pay-for-performance compensation philosophy, and total compensation may vary based on role, location, firm, department, and individual performance.

Schedule

BlackRock’s 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 in-office time based on their roles and responsibilities. New joiners can expect this model to accelerate learning and onboarding.