Portfolio Research Associate

Blackrock

Confirmed live yesterday High trust
Hybrid

Quick summary

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

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $177k
This role $136k
$104k most similar roles pay here $227k

This role pays less than 75% of similar roles. Most pay $137,975–$215,362 — the shaded band above. At the midpoint, this role pays about $136k versus about $177k 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.

Most-posted roles

View all roles at Blackrock

At a glance

TL;DR · Portfolio Research Associate

BlackRock Investment Institute, Portfolio Research, Associate joins the Portfolio Research Group to develop investment insights and portfolio construction tools. The role involves conducting research across asset classes, building climate-aware Capital Market Assumptions, and developing stochastic simulation frameworks for macroeconomic and asset pricing. A primary focus is enhancing private markets research by modeling assets like private equity and infrastructure while integrating them into whole-portfolio frameworks. The candidate will also lead the transition toward AI-enabled research by designing agentic workflows, retrieval systems, and automated tools to improve scalability and consistency. Required skills include a quantitative background in fields like finance or physics, proficiency in Python or R, and experience with GenAI tools, large language models, and prompt orchestration. This role solves complex problems regarding asset allocation across strategic horizons while modernizing research processes through advanced technology and data-driven modeling.

What you'll do

  • Develop and maintain climate-aware Capital Market Assumptions using new quantitative models to project asset returns.
  • Build and research next-generation macroeconomic and asset pricing stochastic simulation frameworks.
  • Create analytical frameworks to compare public and private market opportunities across risk, liquidity, and valuation metrics.
  • Design advanced portfolio construction processes and analytics to support long-term investment objectives.
  • Translate proprietary research into AI-enabled workflows, tools, and decision-support systems for internal and external use.
  • Develop agentic systems and "human-in-the-loop" workflows to automate and scale private markets research.
  • Build automated tools for data ingestion, document analysis, and scenario modeling in the investment process.
  • Communicate complex findings regarding strategic asset allocation and private markets to internal and external stakeholders.

What we're looking for

  • A degree in a quantitative field such as economics, finance, engineering, physics, mathematics, statistics, or computer science.
  • Hands-on experience with GenAI tools, LLMs, RAG, prompt orchestration, agentic workflows, and workflow automation.
  • Proficiency in programming languages such as Python, R, or other relevant statistical packages.
  • Strong statistical modeling and data analysis skills applied to financial markets, asset pricing, or portfolio construction.
  • Practical understanding of software development principles including modular design, version control, testing, and deployment.
  • Familiarity with private markets and alternative assets like private equity, private credit, real estate, and infrastructure.
  • Strong communication skills to distill complex research for broad consumption and stakeholder engagement.
  • Experience in the finance sector or a strong interest in investment research and financial markets.

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