Description
About this role
Join a diverse and collaborative team of over 400 modelers and technologists in Aladdin Financial Engineering (AFE), the business responsible for the research and development of Aladdin's financial models. This group is also accountable for analytics production, enhancing the infrastructure platform and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community).
The Modelling Research team in AFE is looking for a performance attribution modeller to join the Budapest team to contribute to the modelling and development effort in building and maintaining of Aladdin performance attribution models.
Key Responsibilities:
- Researching, designing new performance attribution models
- Collaborating with software developers to test and release new models into production
- Supporting existing performance attribution models in production; developing and improving model quality control and model performance monitoring; maintaining and extending research framework
- Investigating and resolving client queries relating to model methodology and functionality
Key Skills & Qualifications:
- Graduate degree in a technical field (Maths, Statistics, Computer Science and/or Engineering, Finance, Econometrics, Physics)
- Postgraduate degree in a technical field is a plus
- 6+ years relevant working experience
- Knowledge of Private Markets and Performance Attribution modelling
- Strong programming skills and experience using Python to conduct statistical/econometric analyses
- Knowledge in Unix/Linux, Git is a plus
- Strong knowledge of financial, mathematical, and statistical theory
- Strong oral and written (English language) communication skills that enable complex ideas to be readily understood by team members and clients
- Enthusiasm, flexibility, and maturity to adapt to the needs of a dynamic group and deliver within strict time frame
- Good time management skills including the ability to handle multiple projects
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 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.