BlackRock is one of the world’s preeminent asset management firms, and they are seeking an Associate, Index Fixed Income Algo Engineer to join their Index Fixed Income team. The role involves designing and developing algorithms to enhance portfolio construction processes and collaborating with various teams to integrate these tools into investment processes.
Responsibilities
- Design efficient algorithms and optimizers to automate key portfolio construction processes
- Develop both prototypes and production tools
- Partner with PMs to integrate these tools into daily processes and continually refine them
- On occasion, undertake portfolio management activities to develop a deeper understanding of specific investment processes
- Partner with BlackRock Technology teams to design and develop the core “Algo Platform”
- Develop other desk tools to support the PM investment process
- Partner with BlackRock Technology teams to ensure existing applications continue to evolve to support PM needs
- Develop reporting methods & analytics on new tools to ensure improvements can be measured
Skills
- Strong quantitative background (at least BA/BS in Maths/Science/Engineering/related discipline)
- Strong programming skills in at least two of the following: Python, Visual Basic, R, MATLAB, Java, C++
- Experience of working as Portfolio Manager, either directly or alongside
- Working knowledge of Fixed Income markets
- Familiarity across a range of funds and investment styles (index/active, fundamental/quantitative)
- Excellent problem-solving skills and process-oriented approach
- Excellent teamwork and communication skills
- Knowledge of BlackRock Aladdin tools beneficial
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Company Overview
BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. It was founded in 1988, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is http://www.blackrock.com.Company H1B Sponsorship
BlackRock has a track record of offering H1B sponsorships, with 18 in 2025, 34 in 2024, 8 in 2023, 37 in 2022, 31 in 2021, 27 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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