# Financial Quantitative Modeler, Aladdin Financial Engineering, Associate

**Company**: BlackRock
**Location**: London, England, United Kingdom
**Work arrangement**: hybrid
**Experience**: mid
**Job type**: full-time
**Category**: Engineering
**Industry**: Finance
**Wikidata**: https://www.wikidata.org/wiki/Q219635

**Apply**: https://jobs.workable.com/view/n8hk6LzGnc6Z525JqxQ17F/financial-quantitative-modeler%2C-aladdin-financial-engineering%2C-associate-in-london-at-blackrock
**Canonical**: https://yubhub.co/jobs/job_5cdba52d-270

## 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.

## Skills

### Required
- Python
- Financial modeling
- Time-series analysis
- Bayesian methods
- Empirical research
- Complex datasets
- Well-structured analyses

### Nice to have
- Private assets
- Venture capital
- Growth equity
- Buyout private equity