Associate, Portfolio Algo Engineer (ETF & Index Investments) Associate, Portfolio Algo Engineer (ETF & Index  …

in San Francisco, CA, United States
Permanent, Full time
Be the first to apply
in San Francisco, CA, United States
Permanent, Full time
Be the first to apply
Associate, Portfolio Algo Engineer (ETF & Index Investments)

About this role

EII Markets & Investment, Portfolio Algo Engineer

BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from rigorous fundamental, quantitative and alternative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:

BlackRock's ETFs and Index Investments (EII) team manages more than $3.2 trillion in global index equity assets across Global Developed Markets, Emerging Markets, Commodities and REITs. The group offers index equity investors one of the industry's broadest arrays of investment choices. Our clients include corporate pension plans, public pension plans, central banks, sovereign wealth funds and other institutional investors.

Job Purpose/Background:

The Investment Process & Platform team within EII is seeking to expand in order to improve business efficiency and scalability.  This business-side role entails working with Portfolio Engineers, other members of the Investment Process & Platform team and the BlackRock technology teams, in order to build a best-in-class index investment engine.  The person filling this role will facilitate the development and maintenance of portfolio engineering algorithms for index investment processes.

A successful candidate will be able to understand the index equity portfolio construction process and will be able to reliably build and deliver working code that serves the immediate need, is robust and extensible enough to evolve and support scale as our business grows.

Key Responsibilities:
  • Implement a leading-edge platform, primarily in Python, for the development, deployment, maintenance and monitoring of portfolio engineering algorithms
  • Identify, and implement, opportunities for improvement of operational processes using data analytics
  • Understand the BlackRock technology platform and integrate portfolio engineering algorithms into it
  • Work with BlackRock technology teams that support EII, to ensure that they understand our requirements and build well-suited tools

  • Bachelor's or Master's Degree in computer science/engineering/quantitative field with strong computing skills
  • Programming skills in Python (preferred)/MATLAB/Java with strong object-oriented skills
  • Experience with SDLC including agile development methodologies, test-driven development, version control and CI/CD tools
  • Knowledge of Scientific Python stack, experience in dealing with large data sets and statistical processing
  • Experience in applying mathematics and statistical techniques to tackle complex problems
  • Experience working in investment management, trading or finance related fields is a plus
  • Knowledge of equity risk models is a plus
  • Excellent analytical, problem solving skills, attention to detail and an emphasis on precision
  • Excellent team player with high level of self-motivation and inquisitiveness
  • Effective communication skills
  • High degree of professional integrity, discretion and judgement

About BlackRock

BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2020, the firm managed approximately $7.32 trillion in assets on behalf of investors worldwide.

For additional information on BlackRock, please visit | Twitter: @blackrock | Blog: | LinkedIn:

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer.  We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
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