BlackRock · 21 hours ago
Portfolio Risk Modeling - Associate
New York, NY
Full-time
Hybrid
New Grad, Entry Level
$138K/yr - $170K/yrBlackRock is one of the world’s preeminent asset management firms, and they are seeking a Portfolio Risk Modeling Associate to contribute to the development of proprietary fixed income portfolio risk models. The role involves researching, designing, and back-testing new risk models, collaborating with software developers, and supporting existing risk models in production.
Asset ManagementCrowdfundingFinancial ServicesFinTechReal Estate Investment
Responsibilities
The candidate will be performing duties related to all aspects of portfolio risk model development:
Researching, designing, and back-testing new risk models using Python infrastructure
Collaborating with software developers to test and release new models into production
Supporting existing risk models in production; developing and improving model quality control and model back-testing procedures; maintaining and extending research framework
Investigating and resolving client queries relating to model methodology and functionality
Qualification
Required
MFE degree with Internship or a PHD in a technical field (Econometrics, Finance, Maths, Statistics, Computer Science and/or Engineering)
Hands-on experience dealing with large and complex data sets and leveraging econometric/statistical techniques to conduct high quality empirical research
Strong programming skills and experience using Python/R to conduct statistical/econometric analyses
Strong knowledge of financial, mathematical, and statistical theory
Strong interest in financial market
Strong oral and written (English language) communication skills that enable complex ideas to be readily understood by team members and clients
Enthusiasm, flexibility, and maturity to adapt to the needs of a dynamic group and deliver within strict time frame
Good time management skills including the ability to handle multiple projects
Interest in portfolio risk modelling
Preferred
Experience with various ML/AI algorithms is a plus
Knowledge in Unix/Linux, Git is a plus
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
BlackRock
BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors.
Founded in 1988
10001+ employees
H1B Sponsorship
BlackRock has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (18)
2024 (34)
2023 (8)
2022 (37)
2021 (31)
2020 (27)
Funding
Current Stage
Public CompanyTotal Funding
$6.59BKey Investors
Ariel Yehezkel
2025-06-20Post Ipo Equity· $0.02M
2025-03-27Post Ipo Debt· $1.08B
2024-07-17Post Ipo Debt· $2.5B
Leadership Team
Mike Strug
Vice President
Trevor Frazier
Vice President
Recent News
2026-02-05
2026-02-05
Company data provided by crunchbase