AddressAbout this role
What we do
BlackRock’s business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients—period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future.
That’s why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars, and its why companies, institutions and global governments come to us for help meeting their biggest financial challenges.
BlackRock runs on Aladdin. It has always been at the core of BlackRock. Aladdin® is an operating system for investment managers that seek to connect the information, people, and technology needed to manage money in real time. Our investment software combines risk analytics with portfolio management, trading, compliance, and operations tools on a single platform to power informed decision-making, effective risk management, efficient trading, and operational scale. Aladdin is used by a community of over 900 clients around the world. There are over 100,000 end users of Aladdin globally. Through Aladdin, the firm offers to clients the same technology and intellectual capital that BlackRock uses to manage investments day-to-day.
Our Benefits
We are passionate about our work. But we’re also passionate about having a life. To help you stay energized, engaged and inspired, we offer a wide range of benefits from financial wellness to personal wellness. Some of our favorites include:
Flexible Time Off (FTO)
Phenomenal company culture
For more information about BlackRock visit careers.blackrock.com.
About this role:
The Aladdin Business is growing rapidly, with the volume and complexity of new client deals and strategic partnerships growing each year. We are at the next phase of our growth and are evolving into a platform focused business with multiple new product launches and external partnerships. Successful candidates will join in our efforts to help sophisticated investors onboard the world’s leading end-to-end operating system for investment portfolios to see their whole portfolio, understand risk exposures, and act with precision.
We are looking for a candidate to join us in an Associate role within the Aladdin Client Transformation team with 3-5 years of relevant work experience.
Your team:
The Aladdin Client Transformation is responsible for the installation and deployment of Aladdin and related products and services, globally. Aladdin transformations are high profile initiatives that require team members to have senior level exposure and play an active role in redefinition of investment organizations. A typical transformation project is at least as much about processes and implementing change as it is about investments & technology. We help clients achieve ambitious strategic objectives, which range from streamlining investment operations to integrating teams, to unifying their investment analytics & risk reporting framework, to modernizing their overall investment process. Aladdin’s transformation model is unique in the sense that we take full responsibility for the Client going live on our solution. It also means that we develop true partnerships with our clients at the most senior levels, which continue to grow post go live.
You will be joining as an Aladdin Front Office Implementation Specialist within the team’s Front Office Practice.
Front office practice is responsible for working with clients to implement Aladdin, with particular focus on designing portfolio management workflows, deliver solutions for risk, analytics, performance, and attribution reporting.
Your responsibilities:
Understand client objectives and goals paired with strong emotional ownership to deliver solutions utilizing Aladdin capabilities
Collaborate closely with the global Front Office team to help them deliver high quality content to clients undergoing transformation
Document, standardize and help scale deliverables, such as investment workflow designs and analytics overviews for various asset classes, including equities, fixed income, alternatives, derivatives, etc.
Gain an in-depth understanding of Aladdin’s reporting capabilities and risk models across asset classes and industry segments (e.g., pensions, banks, insurers, asset managers, etc.)
Assist the global Front Office team in client-specific Aladdin configuration & testing across various stages of the project
Work closely with the global Front Office team and internal partner teams to streamline system processes
From time to time, be engaged in client communication (as applicable)
Aid in developing improved practices to make client transformations more efficient with each new project
Collaborate with the global Front Office practice members to deliver complex Front Office reporting requirements for clients utilizing Aladdin applications and API capabilities
Able to work with various data sources in order to design solutions involving data visualization tools
Develop deep understanding of security level analytics in order to deliver on Aladdin project milestones where explaining each analytic in great detail may be required
Your qualifications:
Understanding of investment management, Front Office, or underlying investment portfolio analytics, as a provider or practitioner, with 3-5 years of relevant industry experience
Excellent interpersonal skills with proven ability to build relationships with internal and external stakeholders.
Superior communication and presentation skills, with the ability to convey complex concepts simply and clearly to internal team members or clients
Well organized with the ability to manage several priorities with a hands-on approach
Strong analytical familiarity with capital markets instruments (equities, fixed income, private markets, derivatives) and understanding of market standard portfolio and security analysis
Enjoys a fast paced, high-intensity and complex environment, troubleshooting time critical issues and working with people
Strong attention to detail; willing to take proactive action, and desire to roll up sleeves
Proven experience navigating complex analytics reporting landscapes within the financial domain, demonstrating a strong understanding of industry standard analytical methodologies, and regulatory requirements
Demonstrated proficiency working with programming languages (e.g., Python, Perl, SQL, VBA), as well as visualization tools (e.g., PowerBI, Tableau)
Nice if you have:
Experience with institutional buy-side investment risk platforms
Working experience in investment risk management, fixed-income, equity and derivative markets.
Familiarity with investment portfolio risk analytics (e.g., market risk, credit risk, liquidity risk, climate risk)
Comfort with ex-ante risk concepts such a value-at-risk (VAR), tracking error, performance measurement and ex-post returns statistics
Experience with platform integrations (e.g., interfaces, APIs)
Professional designations or pursuit toward attaining (e.g., CFA, CAIA, FRM)
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
