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Security Modeling Associate

Employer
BlackRock
Location
Budapest, Hungary
Salary
Competitive
Closing date
Feb 25, 2023

View more

Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

Security Modeling Associate

Single Security Pricing (SSP) is a small, close-knit team with a collegiate culture that values openness, creativity and an attention to detail bordering on the fanatical. We are also huge nerds.

Responsibilities of the role
  • Quantitative Modeling: Expand product and market coverage in the private credit business to address evolving client needs by researching, implementing and rolling out new models and analytics.
  • Maintain and improve existing interest rate, inflation, FX, synthetic credit and equity derivatives models.
  • Model Infrastructure: Design APIs to provide clients with novel ways of maximizing our models. Refactor existing analytical code to make it more modular and scalable.
  • Analytical Support: Participate in external client calls and on-site visits in support of the BRS business.
  • Thought Leadership: Stay ahead of recent trends in technology, quantitative finance, capital markets and regulation. Bring the latest techniques to bear on the problems we face in our day-to-day work.

What We Look For
  • A Degree in a Quantitative Field: An undergraduate degree is required. An advanced degree is a plus, but experience matters far more than formal qualifications.
  • A Passion for Programming: Programming is at the heart of everything we do. You must enjoy it to succeed on this team.
  • Exposure to an "industrial strength" Programming Language: While C++ is our language of choice, experience with writing performant code is what we're after.
  • An Analytical Cast of Mind: Whether you have a PhD in Physics or merely read math books for fun (we have both types on the team), a keen curiosity about solving analytical problems is key.
  • Excellent Interpersonal Skills: You will be encouraged to explain sophisticated concepts to non-technical people in simple, intuitive terms.
  • A Sense of Humor: We don't take ourselves too seriously, and hopefully neither do you.


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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @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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