Model Governance & Performance Monitoring , Aladdin Financial Engineering - Associate
at BlackRock
Posted 2 days ago
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- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Associate on the Securitized Products Modeling Team within Aladdin Financial Engineering supporting the full model life cycle for RMBS, CMBS, ABS and CLOs with a strong focus on model development, governance and performance monitoring. The role involves model development/validation, designing monitoring methodologies and performance thresholds, ensuring data quality, automating monitoring/reporting (Python/R/C++), and communicating results to risk teams and stakeholders.
Job description
About this role
Job Description
About Aladdin Financial Engineering (AFE):
Join a diverse and collaborative team of over 300 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, the business responsible for the research and development of Aladdin’s financial models. This group is also accountable for analytics production, enhancing the infrastructure platform and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFEprovidesinvestment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise.
Role Description:
We areseekinga highly analyticalAssociateto join theSecuritized Products Modeling Teamwithin AFE Single Security. This role will support the fullmodel life cyclefor RMBS, CMBS, ABS, and CLOs, with a strong focus onmodel development, governance, and performance monitoring. You will collaborate with quantitative developers, risk teams, and stakeholders to ensure models are robust, well-documented, and aligned with internal and regulatory standards.
Key Responsibilities:
ModelDevelopment & Life Cycle Support–Contribute to design,enhancementand implementation of securitized products models.Assistin model validation, implementation testing, and integration into production environments.
Governance & Risk Management – Design and implement methodologies tomonitormodel performance, including defining test metrics anddefining performancethresholds.Respond to risk reviews and address findings with clear, quantitatively driven solutions.
Data Quality Control –Perform rigorous checks on model inputs & outputs to ensure consistency across model development & implementation layers
Programming & Automation – Develop andmaintainscripts in Python, R, C++, or similar languages to support automated monitoring and reporting workflows.
Communication & Reporting – Clearly present model and monitoring results and methodologies to model reviewers, risk teams, and other stakeholders in both written reports and meetings.
Qualifications:
Experience – 3-4 years of hands-on experience in model development, implementation, or validation.
Quantitative Background – Degree in a quantitative field such as Engineering, Mathematics, Statistics, Computer Science, Finance, or Economics.
Technical Skills – Strong programmingproficiencyin Python, R, or equivalent; experience with C++ is a plus.
Securitized Products Knowledge – Familiarity with RMBS, CMBS, ABS, or CLOs is a plus, though notrequired.
Communication Skills – Excellent written and verbal communication skills, with the ability to explain complex modeling concepts and results to both technical and non-technical stakeholder
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.
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, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
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