JOE Listings (Job Openings for Economists)

August 1, 2015 - January 31, 2016


This listing is inactive.
BlackRock Solutions
Financial Modeling Group
Associate- Financial Modeling Group

JOE ID Number: 2015-02_111454944
Date Posted: 12/01/2015
Date Inactive: 01/31/2016
Position Title/Short Description
Title: Associate- Financial Modeling Group
Section: Full-Time Nonacademic
Location: New York, New York, UNITED STATES
JEL Classification: 00 -- Default: Any Field
Financial Modeling
Portfolio Risk
Statistical models
Full Text of JOE Listing:

The Financial Modeling Group (FMG) is responsible for the research and development of financial models underpinning the risk management analytics produced at BlackRock. The group also contributes to the infrastructure and software responsible for the production of analytics and content to portfolio and risk management professionals. Given the diversity of business objectives among clients, the models developed and supported by FMG span a wide array of financial products, including equity, fixed income and derivatives.

•Primary responsibility is to develop methodologies and analytics to help portfolio and risk managers manage liquidity risk, market risk, and credit risk.
•Doing empirical research and calibrating statistical models of market, credit and liquidity risk across asset classes. Methodologies will leverage techniques from data sciences and financial econometrics
•Backtesting, documentation and validation of empirical models
•Writing papers for publication, presenting research at industry conferences, liaising with institutional clients about relevant research
•Work with portfolio management teams on bespoke projects supporting their investment processes.

•PhD in Economics, Finance, or closely related discipline
•Demonstrated ability to conduct high quality empirical research
•Strong background in financial econometrics and empirical finance
•Prior experience with statistical software and strong background in programming
•Exposure to scripting technologies like PERL/Python

Application Requirements:
  • External Application Link
Application deadline: 12/13/2015