About this role
Title: Investment Risk Sustainability & Platform, Analyst/Associate
Job Description
Business Overview
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. RQA's mission is to advance the firm's risk management practices and deliver independent risk advice and constructive challenge to drive better business and investment outcomes. RQA's risk managers play a meaningful role in BlackRock's investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.
RQA is committed to investing in our people to promote both individual accomplishment and a strong collaborative environment. As a global group, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development of future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
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Sustainability & Platform Investment Risk Management Team
The Sustainability & Platform Investment Risk team is a dedicated and innovative group within RQA that partners with risk managers and businesses to oversee investment risks across the whole BlackRock platform, including dedicated focus on sustainability risk.
At the platform level, the team works to identify different investment risks across BlackRock's many different portfolio management teams, providing quantitative analysis at scale to summarize and explain key platform risks for senior investors.
Within sustainability, the team works to enable risk managers to evaluate financially material sustainability risks to ensure that such risks are understood, deliberate and consistent with client objectives. They also leverage the latest technologies and research to best quantify risks related to climate change adaptation, the transition to a low carbon economy biodiversity or social and governance issues, collaborating with leading subject matter experts across the firm.
Key Responsibilities:
As a member of the Sustainability & Platform Investment Risk Management team, responsibilities will include:
Platform:
- Design "Market Driven Scenarios" as part of BlackRock's stress testing framework
- Build platform-wide systematic risk scans to evolve BlackRock's investment risk management framework.
Sustainability:
- Develop firmwide sustainability methodologies used by portfolios across BlackRock's sustainability platform.
- Advance specific sustainability risk research projects, partnering with other investment risk managers to impact and influence portfolio managers.
- Become proficient in sustainability data, understanding the benefits and limitations of different providers and datasets.
- Help run and evolve the firm's ESG integration processes
Knowledge/Experience:
- A degree in a quantitative field, e.g., mathematics, computer science, economics, engineering
- New graduates or up to 2 years' experience in a related role.
- An ability to explain complex ideas in simple but impactful terms and proven ability to use effective communication to influence outcomes
- A passion for applying quantitative techniques to real-world problems and being a student of the financial markets
- Python coding skills, or a desire to learn
- A love of models, an understanding of their limitations and a desire to improve them
- An interest in taking FRM or CFA designation or other industry certifications is a plus
#EarlyCareers
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.
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 @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, race, religion, sex, sexual orientation and other protected characteristics at law.