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Application Engineer, Associate

AT BlackRock
BlackRock

Application Engineer, Associate

New York, NY

About this role

Overview

We're Aladdin Wealth Tech. We are a FinTech company with a start-up vibe but some big-time resources. Aladdin Wealth Tech provides financial advisors, and BlackRock's wealth advisory teams, with a suite of experiences that affords them portfolio construction, analysis, and diagnostic capabilities. Our mission is to improve the power of Aladdin's analytics, technology, and data to give financial advisors the edge they need to build better portfolios and deliver better outcomes to their end customers.

Our product is a B2B enterprise SaaS offering that analyzes millions of real portfolios around the world every day, and we generate direct revenues for the firm. We operate as one cohesive unit spanning client, product, and engineering, and we pride ourselves on getting things done and delivering new business value quickly and frequently. We are passionate about finding new ways to address real business problems in our industry using technology and data.

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About This Role

We are looking for an experienced Software Engineer to join the Portfolio Optimization Engineering team within the Aladdin Wealth Tech. You will be joining a product engineering team with a start-up feel and a global impact. Our team is spread across New York City, San Francisco and London and we work directly with client-facing teams supporting live clients in over 15 countries. Our optimization capabilities are used by our globally distributed clients to manage their portfolios at scale through our end-to-end system. The team also contributes to the build and support of the broader Aladdin Wealth platform.

As part of your role, you will develop, deploy, and support the portfolio optimization capabilities as APIs and software libraries for wealth management use cases. Beyond that, you will also contribute to enhancing and supporting the broader set of Aladdin Wealth platform, including our high scale distributed computing platform.

Key Responsibilities

  • Deliver high scale tax-aware portfolio optimization capabilities as interactive APIs and software libraries in Java and Kotlin
  • Partner with Product Management, Research, and Client teams to improve the optimization offering
  • Review code from peers and provide feedback to ensure code quality, best practices, and knowledge sharing
  • Participate in technical design reviews for API and services architecture with peers and stakeholders
  • Passionate about learning from the latest market practices, guidelines and regulations and translate them into algorithms to scale our optimization offering across more regional client-specific use cases
  • Continually improve the scalability, reliability and performance of portfolio optimization capabilities and the operational processes

Basic Qualifications

  • 3+ years of professional experience in a software engineering role in a commercial capacity
  • Experience working on Java, Kotlin or other JVM-based programming languages
  • Experience developing high-quality software and code analysis tools
  • Experience working with Git, CI/CD, Scrum workflow, and SDLC process
  • Experience working in a Linux/Unix environment
  • BA/BS in Computer Science or equivalent practical experience

Preferred Qualifications

  • Experience working on complex data models and applied mathematics
  • Experience with JVM performance benchmarking and analysis
  • Experience on relational and non-relational databases in enterprise scale
  • Familiar with portfolio analysis and financial risk management
  • Familiar with optimization concepts and software libraries
  • Excellent communicator, both written and verbal

For New York City only: The salary range for this position is $132,500 - $157,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

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 and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

Client-provided location(s): New York, NY, USA
Job ID: blackrock-R245551
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Life Insurance
    • Mental Health Benefits
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • Fitness Subsidies
  • Parental Benefits

    • Family Support Resources
    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
  • Work Flexibility

    • Hybrid Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Casual Dress
    • Commuter Benefits Program
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Unlimited Paid Time Off
    • Volunteer Time Off
    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
    • 401(K)
    • Company Equity
    • Performance Bonus
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Lunch and Learns
  • Diversity and Inclusion

    • Founder led
    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program

Company Videos

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