Associate Quantitative Modeler

Blackrock

Confirmed live yesterday High trust
Hybrid

Quick summary

Work type
Hybrid
Location
New York, NY
Salary
$137,500–$170,000 / yr
Posted
87 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $208k
This role $154k
$123k most similar roles pay here $270k

This role pays less than 80% of similar roles. Most pay $168,375–$248,375 — the shaded band above. At the midpoint, this role pays about $154k versus about $208k for comparable roles.

Based on 240 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 · Associate Quantitative Modeler

The Quantitative Modeler, Associate - QMR joins the Quantitative Modeling and Research team within the Single Security Modeling area to develop and enhance sophisticated risk and valuation models for products including interest rates, FX, inflation, equity, and credit. This role involves applying advanced mathematical techniques to solve real-world financial problems, such as building curves, developing bond analytics, and expanding coverage to new derivative types. The successful candidate will implement these models into a production-quality quant library using C++ or other object-oriented languages. Key responsibilities include providing analytical support during client calls, addressing complex queries, and staying abreast of trends in capital markets and regulation. Candidates must possess an advanced degree in a quantitative field like Mathematics, Engineering, or Physics, along with the ability to communicate complex concepts clearly to non-technical audiences.

What you'll do

  • Develop and enhance quantitative financial models for interest rates, FX, inflation, equity, and credit.
  • Apply advanced mathematical techniques to solve complex real-world financial problems.
  • Implement developed models into production-quality code within the firm's quant library.
  • Provide analytical support by participating in internal and external client calls.
  • Address complex analytics queries for Aladdin clients and business partners.
  • Research and integrate contemporary trends in quantitative finance, capital markets, and regulation.
  • Translate complex technical concepts into simple terms for non-technical stakeholders.

What we're looking for

  • An advanced degree in a quantitative field such as Mathematics, Engineering, Physics, or similar is required.
  • Candidates must possess a strong interest in finance coupled with strength in mathematics.
  • Ability to write robust and efficient code to implement models in production quality systems.
  • Proficiency in C++ or another object-oriented language for writing performant code is required.
  • Comfort with solving hard analytical problems and dealing with ambiguity is expected.
  • Excellent communication skills are required to explain complex concepts to non-technical people.

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