Description
This Quantitative Master's Internship Program is designed for master's students in quantitative disciplines, offering exposure and impact similar to the MBA Internship program, with a focus on advanced analytics and problem-solving.
You will be part of the Aladdin Financial Engineering team, which researches, develops, and implements innovative quantitative models to assess financial risk across various products. The team's work involves:
- Evolving analytics and models developed and deployed into the Aladdin ecosystem
- Developing new best-in-class analytics models
- Working closely with internal and external Aladdin clients to ensure proper deployment, usage, adoption, and evolution of Aladdin's analytics estate
- Applying Aladdin financial models to specific BlackRock use cases to unlock value through analytical insights
- Providing critical thought leadership
Key responsibilities include:
- Technical Development: Designing, developing, and delivering cutting-edge financial engineering solutions using intermediate coding skills (Python preferred)
- Data-Driven Insights: Delivering actionable analytics by developing robust quantitative solutions tailored for Investment and Client Businesses
- Collaborative Innovation: Working closely with cross-functional investment and business teams to accelerate strategic initiatives and drive measurable business value
You will develop expertise in multiple core areas, including:
- Financial markets and investment products
- Quantitative research and modeling
- Technology
- The Aladdin platform
Salary Range (Semi-Monthly Rate) Technology: $6,500 – $8,000
Benefits BlackRock offers a wide range of benefits, including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents, and Flexible Time Off (FTO).
Hybrid Work Model BlackRock's hybrid work model requires employees to work at least 4 days in the office per week, with flexibility to work from home 1 day a week.