eFinancialCareers

• Company

  BlackRock Inc.

• Location

  USA-NY-New York City

• Compensation

  not disclosed

• Position Type

  Employee

• Employment type

  Full time

• Updated

  09 May 2008

• eFC Ref no

  409216

BlackRock Solutions offers risk management, financial advisory, technology and investment accounting services and technology infrastructure and support services internally to BlackRock as well as to a variety of large institutional investors.

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 the delivery of analytic content to portfolio and risk management professionals both within and outside BlackRock. Given the diversity of business objectives among BlackRock Solutions clients and within BlackRock itself, the models developed and supported by Financial Modeling group span a wide array of financial products, ranging from equity to fixed income to derivatives. In addition, members of FMG seek to provide analysis and insight on a many different levels from analysis of the cash flows of a single bond to the overall financial risk associated with an entire portfolio, enterprise, or balance sheet.

Role Description

We are seeking a Junior (1-3 Years of development experience ) member of the group responsible for implementing our multifactor risk model in BondCalc, our security valuation engine, and in PortfolioRiskTools, an interactive, client-server application for estimating portfolio return distributions under varying assumptions and hedges. Over time the role will grow into more financial modeling responsibility with exposure to equity and fixed income parametric return models, time series analysis, and portfolio optimization.

Requirements:

Responsibilities:

Skills