Analyst, Aladdin Engineering – Core Analytics Solutions

Introduction  

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock Solutions (BRS) provides clients with access to the intellectual capital, risk analytics and investment platform used to support BlackRock's asset management business. By combining sophisticated risk analytics and investment systems with capital markets and business process expertise, BlackRock Solutions helps clients address a variety of risk management and investment process challenges. BlackRock Solutions’ Aladdin® platform is an operating system for investment managers that combines sophisticated risk analytics with comprehensive portfolio management, trading, and operations tools on a single platform to power informed decision-making, effective risk management, efficient trading, and operational scale. 

Job Title: Analyst – Aladdin Engineering – Core Analytics Solutions  

Job Purpose: 

We are looking for a new member in the Core Analytics Solutions Team to help support the ever- increasing demand for Aladdin’s performance measurement and performance attribution capabilities.  

Performance attribution plays a key role in the investment process, both as a feedback loop in the investment process as well as providing a means of articulating the implication of investment decisions to clients. CAS plays a coordinating role in defining product strategy, conceptualizing, designing, testing, and deploying new capabilities, working closely with financial modelers, engineers, product managers and users. You will also work with clients and relationship managers to ensure that clients are getting the most out of Aladdin’s performance capabilities and that client feedback is addressed appropriately. We offer a dynamic, team-oriented environment with tremendous learning and growth potential 

Key Responsibilities 

• Collaborate with portfolio managers, risk managers, product strategists, engineers, modelers, researchers and Aladdin Product Management to analyze, create specifications for and test enhancements to performance measurement and attribution calculation and presentation capabilities. 

• Engage with clients and prospects both directly and indirectly through relationship managers to provide subject matter expertise and to capture product feedback and user stories 

• Provide a good understanding of demand from clients and prospects to help drive the agenda for performance-related product development. Keep abreast of market trends and their implication for performance measurement. 

• Provide performance measurement and attribution subject matter expertise as a point of escalation for client inquiries and production challenges; and provide documentation of performance and attribution calculations and methodology 

• Orchestrate the model development lifecycle for specifications/requirements, data and infrastructure planning, user acceptance testing, deployment and release communications 

• Engage with partner teams that manage production and quality control processes and provide subject matter expertise and coordination to resolve client inquiries that are escalated by Aladdin Client Service 

• Author and maintain documentation around models and related infrastructure 

Qualifications 

• 1-3 years of business analyst-related experience relevant to the development, deployment, and application of models and analytics within performance and attribution areas. Backgrounds rooted in analytics, accounting, risk and performance are all of interest. 

• Demonstrated success in project management with financial modelers, engineers, and product managers 

• Excellent written and verbal communication skills, including the ability to document use cases and user stories, write specifications, deliver presentations, communicate up and down the organization and influence partners and stakeholders, both technical and non-technical 

• Ability to navigate a technical environment using scripting skills (e.g. Python), SQL, advanced excel to scale activities such as model validation and software testing. Ability to read and interpret code is a plus, however, this is not a dedicated developer role 

• Resourceful, proactive and able to prioritize and navigate in a fast-paced environment 

• Advanced degree preferred. Bachelor’s degree required