Aladdin Wealth Tech, Analyst

Job Description

About this role

BlackRock Company Description:

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets managing over $10 trillion worldwide. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. Headquartered in New York City, as of December 2021, the firm has ~ 21,500 employees in 120 cities and more than 30 countries around the world and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For more information visit www.blackrock.com.

More about BRS, Aladdin Wealth Tech and DIA:

BlackRock Solutions (BRS) is uniquely positioned to address the industry’s risk management, portfolio construction and financial technology demands. The various business departments within BRS are focused on providing clients with customized solutions powered by Aladdin, BlackRock’s proprietary risk management system, to their most complex capital market driven and investment related challenges within the ambit of portfolio analytics & risk management, liability-driven investing & pension solutions, and regulatory advice & balance sheet strategy.

Aladdin Wealth Tech (AWT) within BlackRock Solutions is bringing in the same risk capabilities used by BlackRock’s investment teams and sophisticated institutional clients worldwide to the wealth management industry and retail investors, equipping clients with model construction capabilities, risk monitoring tools, and portfolio construction & analytics. AWT delivers unique and integrated capabilities that drive asset growth, deepen relationships, and improve efficiency. Aladdin Wealth partners with clients to help them lead their enterprise risk, building better portfolios, improving their value proposition, and institutionalizing their investment process.

The Analyst will join Data Insights & Analytics (DIA) within Aladdin Wealth Tech in Mumbai. This team is responsible for modeling and maintaining fund risk analytics within Aladdin and for funds held by our Wealth clients in addition to generating fund and client specific factor-based insights. DIA leverages BRS risk models and bespoke methodologies to generate risk for funds globally.

Responsibilities:

• Create and maintain risk analytics for a large part of the Mutual Fund and ETF universe across the globe.
• Continuously streamline and automate the funds data management and risk generation process through production and engineering improvements.
• Development and maintenance of scripts in R or Python for data analysis as part of research or ongoing projects.
• Provide ongoing development maintenance of existing application functionality, working closely with the client support teams to address issues that are escalated for resolution.
• Engage, co-ordinate within a global team on multiple projects in a continuously evolving business environment.
• Follow the Global markets daily to understand how macro-economic factors affect client portfolios’ risks and investment decisions.

Qualifications:

• Outstanding academic achievement: Undergraduate/Post Graduate Degree in Engineering, Statistics, Business Management or equivalent.
• FRM or CFA designation or other industry certifications (or are working towards one) is a plus.
• Strong hands-on experience in Unix, SQL and PowerBI would be an added advantage.
• Strong inclination and progress towards learning and implementing newer technologies like Python and R.

Skills/ Requirements:

• 0-1.5 years of work experience in similar role.
• Strong knowledge of portfolio risk and portfolios management concepts.
• Deep understanding of multi-asset portfolios and their pricing and risk characteristics.
• In depth understanding of products like Mutual funds and ETFs, different portfolio strategies across asset classes like equity, fixed income, allocation, commodity, alternatives, etc. Sound understanding of financial concepts for different instruments across equity/Fixed income/ Commodity/ Derivatives, etc.
• Any experience in wealth management and portfolio management services role will be an added advantage.

Soft Skills:

• Good Spoken and Written Communication skills to enable working with teams in multi-office, multi-country environment across several time zones.
• Deliver high level of service through responsiveness and accuracy & has an eye for detail.
• Excellent problem-solving and critical-thinking skills and an ability to identify problems, design and articulate solutions and implement change.
• Enjoys a fast-paced, high-intensity environment.
• Flexibility of shift timings.

Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

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.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.