Security Modeling Quant Developer - Associate

Blackrock

Hybrid

Quick summary

Work type
Hybrid
Location
New York
Salary
$137,500–$170,000 / yr
Posted
62 days ago

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $170k
This role $154k
$122k most similar roles pay here $208k

This role pays less than 57% of similar roles. Most pay $140,975–$200,000 — the shaded band above. At the midpoint, this role pays about $154k versus about $170k 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 89 open roles on FindRole.

Listed pay typically runs $137,500–$180,000 across 89 roles with salary data.

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At a glance

TL;DR · Security Modeling Quant Developer - Associate

Join the Quantitative Modeling and Research (QMR) team within Single Security Modeling at a leading financial institution, where you will develop sophisticated risk and valuation models for products like interest rates, FX, inflation, equity, and credit. Your day-to-day responsibilities include crafting advanced mathematical techniques to solve real-world financial problems, implementing these models into production-quality code using C++ or another object-oriented language, providing analytical support during client calls, and staying updated with the latest trends in quantitative finance. This role requires a strong background in mathematics or a related field, coupled with robust coding skills and the ability to communicate complex concepts clearly. You will work on a broad range of products supporting over $11T AUM, making this an ideal opportunity for those passionate about solving challenging business problems through innovative modeling techniques.

What you'll do

  • Develop and enhance quantitative financial models for various products like interest rates, FX, inflation.
  • Implement advanced mathematical techniques into production-quality code within the quant library.
  • Provide analytical support during client calls and on-site visits to address complex queries.
  • Stay updated with contemporary trends in quantitative finance and apply new techniques to solve real-world problems.
  • Write robust and efficient code for financial models using C++ or another object-oriented language.

What we're looking for

  • Advanced degree in a quantitative field such as Mathematics, Engineering, or Physics.
  • Strong interest in finance and proficiency in mathematics.
  • Ability to write robust and efficient code using C++ or another object-oriented language.
  • Experience with advanced mathematical techniques for financial modeling.
  • Capability to address complex analytical queries and handle ambiguity effectively.
  • Excellent communication skills for explaining technical concepts to non-technical stakeholders.

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