About this role

What is the opportunity?

We are recruiting for a newly formed Core Risk Management (Core RM) group, whose objective it is to advance risk management practices at BlackRock, delivering scale and resilience to the risk management platform. This opportunity is to lead a pod within the Core Investment Risk Analytics team within Core RM, which will work with Investment Risk Managers and other BlackRock teams across the globe to solve business problems through data analytics, automation, and technology solutions. The team will deliver on demand models risk models, analytics and algorithms that enable risk management at scale and will comprise of data engineers and data / risk analysts with strong coding skills.

Core RM is part of the Risk & Quantitative Analysis (RQA) group, which provides independent oversight of BlackRock’s fiduciary and enterprise risks globally.

What you will be doing

Leading a pod and being a technical specialist within the Core Investment Risk Analytics team and working with the head of Core Investment Risk Analytics to shape the future state of Core RM.

• Leading engagement with investment risk managers and technology partners to centralize and re-engineer risk analytics processes within Core Investment Risk Analytics.

• Design and deliver risk scanning algorithms in partnership with Investment risk and Core Risk Oversight - allowing at-scale baseline risk management at BlackRock.

• Designing and upholding Core Investment Risk Analytics processes and procedures including RQA’s SDLC principles, coding best practices, scalable Python library building – allowing at-scale on-demand risk analytics delivery to stakeholders – in line with best practices and policies of the firm.

• Being accountable for the efficacy and accuracy of team output. Responding openly to feedback and initiating enhancements as processes mature.

• Collaborating with other Core RM leaders to develop deep relationships with investment risk leads and technology partners globally. Understanding and aligning with their mission.

• Consistently acting as a scale operator, driving efficiency and capacity-building initiatives, including automation/ standardization efforts across the risk platform.

• Consistently demonstrating the BLK principles, especially of ‘One BLK’ and ‘Emotional Ownership’ and infusing these principles through your pod.

What will your team be doing?

Collaborating with risk managers and technology teams globally to deliver risk analytics and reporting solutions to inform risk management engagements across all of BlackRock’s Portfolio Management teams, leadership committees and boards.

• Analysing functional and technical requirements to identify the right analytical / reporting solutions to deliver scale, best practice, and resilience to the risk platform, while ensuring output is fit for purpose.

• Providing risk analytics report production support to Global RQA teams.

• Focusing on data engineering, with expertise in coding, scheduling, and data visualization.

• Testing risk models and analytics. Reporting findings and subsequent refinements.

• Providing regular and thorough production status reporting.

• Understanding flow of information and data between various groups and systems.

• Being accountable for data, production, and report QC.

What do you have?

• High emotional ownership - self-starter with high energy, motivation, dedication to excellence and positive approach to business challenges.

• A drive to tackle risk management problems using technology

• Deep experience building Python-based solutions, algorithms or methodologies to solve business problems

• Ability to handle and direct tesm of highly proficient risk analysts, citizen developers and data visualization experts

• Ability to understand diverse requirements from stakeholders and deliver on the key priorities.

• Willingness to challenge processes, propose solutions and call out issues.

• Ability to explain sophisticated ideas in simple but impactful terms and communicate effectively up and down the organization to influence outcomes.

• Comfortable working in a fast-paced environment and running multiple high priority tasks with senior management visibility.

• Strong attention to detail, organizational and time management skills.

• Practical experience in the set up and scaling of a risk analytics team would be a plus.

• Flexible work schedule.

• 8+ years of experience in a Risk Management or Engineering/Financial Engineering division in a financial services firm.

• B. Tech / B.E. / Masters. degree in a quantitative subject area (Mathematics, Statistics, Computer Science, Finance, or similar area).

• Programming (Python, SQL etc.) and/or data analytics expertise.

• Experience working within Agile frameworks is a plus (including tooling such as Azure DevOps)

• Experience with PowerBI and/orTableau is a plus

• Prior experience working with R, R-Shiny and/or VBA is a plus

What do we have?

• The opportunity to shape an exciting new operating model and drive adoption and application of new technology, tools, and techniques to tackle real business problems.

• A highly respected risk management group with deep subject matter expertise and global reach.

• A proven track record of driving better outcomes across a wide range of investment strategies and business areas.

• A legacy of technology innovation and deep connectivity with technology partners.

• A dedication to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.

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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.