Associate, Investment Risk

Blackrock

Confirmed live yesterday High trust
Hybrid

Quick summary

Work type
Hybrid
Location
New York, NY
Salary
$116,000–$155,000 / yr
Posted
29 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $160k
This role $136k
$107k most similar roles pay here $204k

This role pays less than 65% of similar roles. Most pay $125,000–$194,500 — the shaded band above. At the midpoint, this role pays about $136k versus about $160k for comparable roles.

Based on 239 similar postings.

Employer

About Blackrock

BlackRock is the world''s largest asset management firm, providing investment management, risk management, and advisory services to institutional and retail clients through its Aladdin technology platform. Industry: Asset Management & Financial Services

Blackrock currently has 81 open roles on FindRole.

Listed pay typically runs $147,500–$195,000 across 77 roles with salary data.

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At a glance

TL;DR · Associate, Investment Risk

Associate, Investment Risk joins the Risk & Quantitative Analysis group to provide independent oversight of fiduciary and enterprise risks. Working within this team, you will partner with portfolio management teams to oversee client portfolios by applying quantitative analysis and multi-disciplinary skills to solve real-world problems in the investment management process. Your daily responsibilities include identifying emerging risks, summarizing issues, conducting risk analysis, and performing research projects involving large datasets. You will focus on risk estimation methodologies, stress testing, and attribution while evaluating model limitations. The role requires a degree in a quantitative field such as mathematics, computer science, economics, or engineering. Essential skills include strong analytical capabilities, effective communication to influence outcomes, and proficiency in Python. Additional preferred qualifications include experience with machine learning, large language models, and professional certifications like the FRM or CFA.

What you'll do

  • Provide independent oversight and constructive challenge to BlackRock’s fiduciary and enterprise risks.
  • Partner with portfolio management teams to oversee and manage client portfolios.
  • Use quantitative analysis to identify emerging risks and explain risk trends.
  • Conduct research projects involving large datasets and quantitative risk management techniques.
  • Perform risk estimation, stress testing, and attribution analysis for investment processes.
  • Develop and improve financial models by identifying their limitations and potential improvements.
  • Utilize Python and other coding skills to solve real-world problems in the investment process.

What we're looking for

  • A degree in a quantitative field such as mathematics, computer science, economics, or engineering.
  • Minimum 2-3 years of working experience.
  • Proven coding skills in Python or other relevant languages.
  • Strong analytical skills to identify emerging risks and explain risk trends.
  • Ability to communicate complex ideas clearly and influence outcomes through effective communication.
  • Understanding of fundamental risk management principles, including estimation methodologies, stress testing, and attribution.
  • Experience with machine learning and LLMs (preferred).
  • FRM or CFA designation or other industry certifications (preferred).

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