Portfolio Risk Analytics, Aladdin Core Analytics Solutions, Associate

About this role

About Aladdin Financial Engineering (AFE): 
Join a diverse and collaborative team of over 400 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, the business responsible for the research and development of Aladdin’s financial models. This group is also accountable for analytics production, enhancing the infrastructure platform, and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFE provides investment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise. 
  

About Core Analytics Solutions (CAS): 
The Core Analytics Solutions (CAS) within Aladdin Financial Engineering (AFE) creates and delivers Aladdin’s analytical capabilities to influence better portfolio decisions, differentiate products and solutions, and enable our clients to fulfill their financial goals. Our mission is grounded in our expertise of analytics, Aladdin (the firm’s proprietary platform), and technology. CAS works across our investment teams and client businesses, in partnership with BlackRock’s analytics, data and technology teams, to transform data into intelligence, deploy financial models on Aladdin, address client challenges with innovative technology, and deliver solutions across asset classes and client segments. 
Our team is known for: 

• Problem solving: We partner with investment, risk and client-facing teams to understand their business problems and provide creative solutions using Aladdin analytics 

• Innovation: We sit at the intersection of finance and technology. We conceptualize, design and implement new capabilities to ensure that Aladdin remains the best platform for clients to understand and manage portfolios and risk 

• Centralized & scalable operating platform: Aladdin is a global investment platform that helps us solve problems in a scalable and efficient manner 
    

Role Description: 
Core Analytics Solutions seek a product owner with a focus on portfolio risk methodologies like VaR and Stress Testing, who will be closely working with modelers within AFE to deliver next generation of risk models. The incumbent will co-ordinate with product managers, data teams to ensure that BlackRock’s capabilities meet the requirement of widely used models internal and external users. 

Overview of Responsibility: 

• Being responsible as product owner to deliver next generation of risk models on Aladdin. 

• Subject matter expert of risk models such as Ex-ante risk models, Historical VaR, Monte Carlo VaR, Stress Testing, factor risk models etc. 

• To follow agile framework to collaborate with cross functional teams to bring predictability and transparency across initiatives. 

• Demonstrate analytical and infrastructure understanding by articulating product requirements document, participate in technical architecture discussions and win mandates to deliver commercially viable mandates. 

• To perform independent analytical validations by scenarios driven testing, large scale validations and presenting the results for review with stakeholders assuring higher standards in quality. • Understand rapidly evolve markets & stakeholder needs to influence analytics roadmap, interlinked with dependencies across Aladdin ecosystem.