Budapest, Hungary
13 hours ago
Python Financial Model Engineer, Associate

About this role

About Quantitative Analytics Engineering

BlackRock is one of the world’s preeminent asset management firms and an outstanding provider of global investment management, risk management, and advisory services to institutional, intermediary and individual investors around the world. Besides offering a range of investment solutions — from fundamental and quantitative active management approaches to highly efficient indexing strategies – BlackRock also provides direct access to its market leading analytic models by onboarding clients to its Aladdin Platform, an end-to-end portfolio management software solution.

The Investments and Trading Engineering (ITE) team builds and delivers Aladdin's industry-leading risk management, portfolio management, compliance and trading capabilities. Within ITE, Quantitative Analytics Engineering (QAE) is a global team of quantitative developers responsible for the implementation of security valuation, portfolio risk, liquidity and performance attribution models. BlackRock Portfolio managers and external Aladdin clients such as pension funds and insurance companies rely on models maintained by QAE to identify investment opportunities, build portfolios and manage risk.

What will yoube doing?

Our diverse and distributed teamhasa keen interest and expertise in all things related to technology and financial analytics.We provide the technology platform that enables research, implementation, delivery and execution of financial risk models to our internal partners and external clients, and their integration with Aladdin.

We arelooking foraself-motivatedsoftwareengineer toonboard modelstosaidplatform.Collaborate withmodellerson theimplementationanddeployment offinancial risk models.Understand client requirements and translate them into software engineering tasks.

Our team:

Is passionate about technology and solving complex problems.

Developsin Python, working with technologies like Pandas, Apache Arrow, Snowflake, Prefect, Docker, and Azure DevOps.

Consistsof technologiststhat unlock constant innovation.

Constantly challengesthe technology status quo and looksfor ways to improve the platform.

Key Responsibilities

We expect the role to involve the following core responsibilities and would expect a successful candidate to be able to demonstrateskills or experience withthe following (not in order of priority):

Quickly learn the platform and act as a subject matter experttowards modelling teamsand product analysts.

Work with modellersand product analyststo understand the business and their requirements. Helpimplementthoseon our platformusingengineeringbestpractices.

Facilitatetechnicaldesignand codereview sessions to ensure software meets functional and compatibility requirements, as well as high quality standards.

Stay abreast of the latest developments in machine learning, quantitative finance, and technology to incorporate innovative solutions into our platform.

Enhance the performance of existing models, ensuring they operate efficiently at scale.

Implementation and maintenance of a standard data / technology deployment workflow to ensure that alldeliverables/enhancementsare delivered in a disciplined and robustmanner.

Ensure operational readiness of the product and meet customer commitments with regards to incident SLAs.

Skillset

Strong experience(3+ years)inPythoniscrucial

Bachelor’s (BSc) or higher degree in Computer Science or related field

Experience with Pandas, Apache Arrow, Snowflake,(Prefectis a plus)

Good understanding of Object-Oriented Design principles

Fluency with AI coding toolsand the use of LLM in everyday development

Good understanding of fundamental Algorithms and Data Structures

Knowledge ofAzure DevOps andgit, CI/CD

Good understanding of unit tests, integration and regression tests,and their importance

Anaptitude fordesigning data modelsandpipelinesis a plus

Ability to understand advanced mathematical and statistical methods and concepts

Fluency in reading, writing and speaking English

Personal Qualities

Team player

Problem-solving skills

Critical and analytical thinking

Technical curiosity

Adaptable

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

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