About this role
Are you interested in building innovative technology that shapes the financial markets? Do you like working at the speed of a startup, but want to solve some of the world’s most complex problems? Do you want to work with, and learn from, hands-on leaders in technology and finance?
At BlackRock, we are looking for Quant Engineers who like to innovate and solve complex problems. We recognize that strength comes from diversity, and will embrace your unique skills, curiosity, and passion while giving you the opportunity to grow technically and as an individual.
With over USD $8 trillion of assets, we have an exceptional responsibility: our technology empowers millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.
Being a technologist at BlackRock means you get the best of both worlds: working for one of the most sophisticated financial companies and also being part of a software development team responsible for next generation technology and solutions.
Alpha Engineering helps BlackRock investment teams deliver market leading performance (alpha) to their clients. We work with investment researchers to develop predictive signals and strategies that are traded on BlackRock hedge funds and other active portfolios.
The services we provide range from: quantitative library development, model engineering, alpha platform development, and investment technology R&D. People in the team are based in London, Budapest, Mumbai, San Francisco, and Sydney. AE’s Investment partners include Active Equity, Fixed Income, Multi-Asset Strategies, Sustainability Strategies, and the Risk and Quantitative Analytics Team.
Your role and impact
As a Quant Engineer within AlphaGen Technology - Model Servicing team you will partner closely with Researchers and Portfolio Managers to implement industry leading signals and models to drive daily investment processes. We are involved in the full lifecycle of the Alpha Gen process including design, architecture, development, implementation, tuning, production support and maintenance.
You will be working with outstanding investment professionals to build ground breaking, high quality alpha signals and platforms! It involves:
Identify and apply new alpha-enabling technology in the signal implementation
Identify and implement ways to improve the efficiency of our system
Support and maintain Production processes and infrastructure
Collaborate with platform team to develop new features for alpha gen platform
We value post-graduate degree holders, but we also like individuals with equivalent commercial experience. So, if you have a good mix of the skills below we would love to hear from you!
4+ years hands on developer experience in Python or Java.
Experience in SQL and working with relational databases (Sybase, SQL Server etc)
Experience with cloud technologies such as Hadoop, Spark, S3, Kubernetes, Dask/Airflow is a plus
A deep software engineering approach. This includes practices such as agile, test automation, object-oriented design, design patterns, release management
Ability to apply mathematics, machine learning, or quantitative analysis to solve sophisticated problems and deliver innovative solutions with keen attention to detail
Good interpersonal skills with ability to collaborate with team members in a multi-office, multi-country environment.
A genuine curiosity about investment strategies, risk, equities, fixed income, or financial derivatives
What you will learn on the job?
A deep understanding of hedge fund strategies and signals that drive them
Build platform that enables alpha generation at scale
Aladdin - the investment platform used to run >$15 Trillion of the global assets.
How to apply machine learning and data science technology to alpha generation
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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.
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.
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.