Description
About this role
We are seeking an associate-level quantitative researcher to support and expand our growing suite of models for estimating the value of private assets and producing next-generation, real-time private market indices.
Role Description
The role centers on the development, operation, and continuous enhancement of Nowcasting models—managing day-to-day index estimation, improving model performance, and ensuring a robust, high-quality production process. A key challenge will be adapting these models to new situations, data conditions, and asset-class features, and determining when extensions or methodological changes are appropriate.
Key Responsibilities
- Manage and enhance the team’s existing Nowcasting model for private assets, including calibration, monitoring, diagnostics, and performance evaluation.
- Conduct empirical research to calibrate models to private market data and assess model performance through backtesting, benchmarking, and robustness analysis.
- Implement, maintain, and productionize model codebases, ensuring reliability, transparency, and reproducibility.
- Partner with internal stakeholders to understand use cases, communicate model behavior and limitations, and support applications of the models in investment and analytical workflows.
Qualifications
- Master’s degree in Financial Engineering, Finance, Statistics/Econometrics, Mathematics, Computer Science, or a related quantitative field; PhD preferred.
- 3+ years of experience in financial modeling role or equivalent.
- Strong grounding in empirical modeling techniques, especially time-series analysis and Bayesian methods.
- Demonstrated ability to conduct rigorous empirical research, including handling complex datasets and designing well-structured analyses.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 where collaboration and apprenticeship enrich 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.