Associate, Investment Risk

Blackrock

Hybrid

Quick summary

Work type: Hybrid
Location: New York, NY
Salary: $116,000–$155,000 / yr
Posted: 38 days ago

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $157k

This role $136k

$107k most similar roles pay here $197k

This role pays less than 61% of similar roles. Most pay $126,250–$188,150 — the shaded band above. At the midpoint, this role pays about $136k versus about $157k 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 93 open roles on FindRole.

Listed pay typically runs $147,500–$195,000 across 93 roles with salary data.

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At a glance

TL;DR · Associate, Investment Risk

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Join BlackRock’s Risk & Quantitative Analysis (RQA) group as a mid-level risk manager, collaborating with portfolio management teams to oversee clients’ portfolios and enhance the firm’s risk management practices. You will use quantitative analysis and multi-disciplinary skills to tackle real-world problems, identifying emerging risks, summarizing issues, and explaining trends in simple terms that influence outcomes. Key responsibilities include conducting risk analysis on large datasets, performing research projects, and improving risk estimation methodologies through coding in Python and leveraging machine learning techniques. Ideal candidates have a degree in a quantitative field, strong analytical skills, and experience with financial modeling and macroeconomic analysis. Familiarity with models’ limitations and a passion for applying quantitative techniques to real-world challenges is essential, as is the ability to work collaboratively within a global team dedicated to driving operational excellence.

Skills

Python SQL Machine_Learning LLM CI/CD Git Jupyter_Notebook PostgreSQL AWS Kubernetes

What you'll do

Conduct quantitative risk analysis and manage research projects related to risk management.
Identify emerging risks, summarize issues, and explain trends in risk assessment.
Develop and improve financial models while understanding their limitations.
Use Python for coding tasks and enhance models with machine learning techniques.
Collaborate on stress testing methodologies and risk estimation strategies.
Communicate complex ideas effectively to influence business outcomes and drive change.

What we're looking for

Degree in a quantitative field such as mathematics, computer science, economics, or engineering.
Proven ability to communicate complex ideas effectively and influence outcomes.
Strong analytical skills for identifying emerging risks and summarizing issues.
Passion for applying quantitative techniques to real-world financial problems.
Experience working with large datasets and conducting risk analysis projects.
Understanding of fundamental risk management principles including stress testing.
Proficient coding skills in Python and relevant experience in machine learning.