# Quantitative Modeler, Vice President

**Company**: BlackRock
**Location**: Budapest
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance
**Wikidata**: https://www.wikidata.org/wiki/Q219635

**Apply**: https://jobs.workable.com/view/sABuyfzZqmrMgasrSWyFHc/quantitative-modeler%2C-vice-president-in-budapest-at-blackrock
**Canonical**: https://yubhub.co/jobs/job_121cca4c-238

## Description

## Quantitative Modeler, Vice President

### About this role

We are seeking a highly skilled Quantitative Modeler to join our Model Governance team in Budapest. As a Quantitative Modeler, you will be responsible for developing and implementing methodologies, thresholds, and boundary conditions for Fixed Income Derivative Models.

### What You Will Be Doing

- Develop and implement methodologies, thresholds, and boundary conditions for Fixed Income Derivative Models.

- Analyze model output and time-series data to define correctness criteria and thresholding to be measured every day.

- Implement such tests in Python and interact with Model Risk Management to get Model Performance Monitoring Tests approved.

- Develop and maintain Model Infrastructure, including Reporting Infrastructure for Model Breaches and Infrastructure for monitoring overnight performance tests.

- Create and maintain Model Documentation.

- Collaborate with the AI team to develop and implement a Large Language Model (LLM) project for Model Governance.

### What We're Looking For

- A master's degree in a Quantitative field.

- 5+ years of experience in a quant/quant-dev finance role with strong programming skills.

- Advanced hands-on Python programming skills.

- Basic C++ coding skills.

- Expertise with Software Engineering Tools/Platforms – Git/LINUX.

- A passion for programming and a willingness to learn and adapt to new technologies.

- An analytical frame of mind and the ability to analyze complex data and make informed decisions.

- Excellent communication skills and the ability to explain complex concepts to non-technical people.

### Our benefits

- Retirement investment and tools designed to help you build a sound financial future.

- Access to education reimbursement.

- Comprehensive resources to support your physical health and emotional well-being.

- Family support programs.

- 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.

### 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.

## Skills

### Required
- Python
- C++
- Git
- LINUX
- Software Engineering Tools/Platforms

### Nice to have
- Quantitative modeling
- Fixed Income Derivative Models
- Model Governance
- AI
- LLM