Quantitative Researcher (Trading Research), BlackRock Global Markets, Associate

About this role

Team Overview

BlackRock Global Markets (BGM) brings together BlackRock’s global trading, financing and financial resource management, securities lending, ETF markets, cash management, and index investments businesses to deliver investment, trading, financing, and risk management excellence for clients. Markets Research is a team within the Global Markets group which conducts cutting edge market microstructure research, performs pre- and post-trade analysis and provides analytics for its stakeholders. In this function Markets Research cuts across the regions and asset classes. It partners with Trading Data, Analytics, Trading Desks as well as the active and passive investment teams to deliver best execution and superior investment performance.

The Markets Research team is seeking to hire a Quantitative Analyst located in Gurgaon. We are a small, close-knit team with a collegiate culture that values openness, creativity and attention to detail. The role involves working closely with the other team members to contribute to the team’s research and enhance the quality of its analytics. The successful candidate will possess strong data science and research skills in their field and a willingness to apply their skills in a financial markets and trading context. The role offers excellent opportunities to build knowledge of trading market structure across asset classes and collaborate with researchers, traders and portfolio managers from fundamental, model-based and passive investment teams.

Responsibilities:

• Perform data analysis, identify outliers, spot trends, and build analytics models using various types of financial data

• Apply both traditional econometrics tools and machine learning techniques to solve real world problems in trading

• Get familiar with and assist in market microstructure and execution research

• Conduct pre- and post-trade analysis in collaboration with other trading researchers globally

• Recalibrate, maintain and improve the current suite of models and automated trading processes

• Stay informed of market developments to adapt our analytics framework and trading models

• Build close ties with the trading data, analytics and research teams in India and globally

Qualifications:

• Bachelor’s or Master’s degree in a subject with quantitative content (Masters preferable)

• Related experience in data science for financial service firms (4-7 years) and excellent data analysis skills. Exposure to AI/ML is a plus

• Keen interest in the field of investments or trading. Prior knowledge in economics, financial markets and/or market microstructure is a plus

• High motivation and willingness to acquire new skills on the job

• Excellent communicator with ability to explain research in simple terms

• Effective team player who works independently and confidently engages with trading and investment teams

• Professional and respectful work ethics

• Strong coding skills, ideally some Unix experience and proficiency in a programming language or statistical application like Python or R 

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.