Associate, Quantitative Research
BlackRock is a leading investment management firm, and they are seeking a highly quantitative and motivated Associate to join their Quantitative Investment Solutions team. The role involves contributing to quantitative strategy research, including building research infrastructure and managing back-tests and simulations for tax-managed investment strategies.
Responsibilities
- Assist in the design, advancement, implementation, and maintenance of research infrastructure and tools to support quantitative research, investment strategy development and evaluation
- Conduct backtesting and simulation of investment strategies, with a focus on tax-aware portfolio construction and risk modeling
- Analyze large and complex datasets to extract insights and support research hypotheses, investment strategy validation, and strategy development
- Collaborate with senior researchers and portfolio managers to develop and refine systematic investment strategies, tax-managed optimizations, and portfolio management processes
- Create clear and compelling visualizations and documentation to communicate research findings to internal stakeholders and external clients
- Contribute to the team’s thought leadership by supporting the development of white papers, presentations, and internal knowledge sharing
Skills
- Bachelor's degree in quantitative fields such as Mathematics, Statistics, Computer Science, or Engineering
- Substantial programming experience in Python and excellent Excel skills; familiarity with data analysis libraries (e.g., pandas, NumPy, SciPy) are essential; experience with machine learning techniques is a plus
- Demonstrated experience working with large datasets and conducting empirical research
- At least 1 year of relevant industry work experience is preferred; quantitative portfolio management experience a plus
- Excellent analytical and problem-solving skills, with acute attention to detail
- Strong written and verbal communication skills, with the ability to explain technical concepts to non-technical audiences
- Interest in tax-aware investing, portfolio construction, and systematic strategies
- Experience with financial modeling, optimization, or portfolio analytics
- Experience with equity and option asset classes
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Company Overview
Company H1B Sponsorship