Managing Director, Head of Liquidity, Trading & Investment Modeling
Apply NowCompany: BlackRock, Inc
Location: New York, NY 10025
Description:
About this role
MD Head of Liquidity, Trading & Investment Quant Modeling
Role Overview
We are looking to hire an experienced enterprise leader that can manage a diverse, global team of quantitative modelers and data scientists. This team builds and maintains models and analytical solutions for various liquidity, trading and investment applications. These models can utilize sophisticated econometric/statistical methods as well as Machine Learning/AI, and are used by traders, portfolio managers and risk managers at BlackRock and Aladdin clients for regulatory reporting, risk management, portfolio construction purposes.
This individual would have a strong background in quantitative finance research and data science, have extensive experience managing global quantitative teams to deliver a complex range of models/analytical solutions across a demanding set of global stakeholders.
Job description:
Skills:
For New York, NY Only the salary range for this position is USD$275,000.00 - USD$400,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
MD Head of Liquidity, Trading & Investment Quant Modeling
Role Overview
We are looking to hire an experienced enterprise leader that can manage a diverse, global team of quantitative modelers and data scientists. This team builds and maintains models and analytical solutions for various liquidity, trading and investment applications. These models can utilize sophisticated econometric/statistical methods as well as Machine Learning/AI, and are used by traders, portfolio managers and risk managers at BlackRock and Aladdin clients for regulatory reporting, risk management, portfolio construction purposes.
This individual would have a strong background in quantitative finance research and data science, have extensive experience managing global quantitative teams to deliver a complex range of models/analytical solutions across a demanding set of global stakeholders.
Job description:
- Leads a global team of quantitative modelers and data scientists building liquidity, trading and investment models
- Provides senior research supervision and guidance on technical modeling aspects as well as important industry and regulatory context; ensures model development complies with BlackRock's model governance standards
- Proactively seeks out new opportunities to expand model use cases and/or developing new capabilities to solve trading & investment problems
- Works with partnering data, engineering and testing/validation teams to manage the full cycle of model development, from data ingestion to final delivery in production
- Builds and maintains strong relationships with the model user community, i.e. BlackRock investment and trading teams, as well as external Aladdin clients
- Can communicate effectively on all aspects of the team's work to different technical/non-technical audiences, and can represent the team's work to the firm's senior leadership
Skills:
- At least 15+ years of experience in quantitative analysis in liquidity, trading and investment applications, including managing quant teams
- Hands-on experience in econometric/statistical analysis and ML/AI applications in Finance
- Strong verbal and written communication skills
- Role models strong people management and enterprise leadership
For New York, NY Only the salary range for this position is USD$275,000.00 - USD$400,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.