About this role
The Aladdin Financial Engineering businessis responsible forall analytics technology across the Aladdin platform. We research, develop, and implementstate-of-the-artquantitative models used to assess financial risk across fixed income, equities, derivatives, alternativeproductsand private markets.
Within AFE, the Portfolio and Climate Risk(PCR) modelling team playsa central rolein delivering core portfolio risk analytics alongside climate, energy, and transition risk modelling capabilities used across BlackRock’s investment platform.
Team overview & what we do
ThePortfolio& ClimateRisk(PCR)modelling teamisresponsible for the research, development, and continuous evolution of BlackRock’s multi-asset portfolio risk models and climate- and energy-related risk analytics delivered through the Aladdin platform.
The team leads the development of foundational portfolio risk analytics, including factor-based risk models, Value-at-Risk (VaR), tracking error, and stress testing across equities, fixed income, and derivatives. These analytics support portfolio construction, risk oversight, regulatory reporting, and client decision-making, providing a consistent and scalable risk language across investment workflows.
In parallel, the team develops financially grounded climate, energy, and infrastructure risk models, including climate physical risk, energy systems, energy transition, decarbonization pathways, and geospatial analytics. These models are integrated into asset valuation, portfolio monitoring, due diligence, and client reporting, translating complex climate and energy signals into decision-relevant insights embedded across Aladdin platforms.
As a Vice President in the Portfolio and Climate Risk Modeling team, you will provide technical leadership across power market and energy transition modeling whileoperatingwithin a broader portfolio risk modeling ecosystem. The role combines hands-on quantitative research with strategic ownership of models, stakeholder engagement, and governance. You will help shape modeling roadmaps, mentor junior modelers, and ensure analytics meet the standardsrequiredfor enterprise-scale investment use.
Key Responsibilities:
Develop andmaintainmodels for power market analytics,comprisingdispatch, balancing/reserve market,price and revenue calculation,reportingand visualization.
Develop andmaintainthe Aladdin Transition Scenario Engine underpinning the BII Transition Scenario in partnership with the BlackRock Investment Institute (BII). Conduct research and develop data pipelines to ensure BIITS reflects the latest technology,policyand macro-economic developments, in line with our investment platform views.
Conduct research using data science and AI/ML techniques to enhance analytics, create investment signals or thought leadership papers.
Engage with stakeholders (investors, governance) tofacilitateadoption of these analytics into the investment process.
Perform & implementcomplexquantitative calculations with high accuracy and performance,leveragingBlackRock’scontentexperts and modelers.
Skills & Qualifications:
Bachelor or master’s level education in Computer Science, Engineering, or a related discipline.
Minimum3+ years of experienceinenergy modelling, with a preference for energy systems or power market modelling.
Formidable analytical, problem-solving, andcritical thinkingskills.
A passion for providing fundamental software solutions forhighly available, performant full stack applications with a “Student of Technology” attitude.
Demonstrates enthusiasm for teamwork,multitaskingand effective communication within a collaborative, fast-paced environment.
Exhibits strong individual productivity, including the ability to work independently,maximizestheimpactof the work delivered,quickly adapt, self-motivateand efficiently learn new skills.
Familiarity with following areas is essential:
Power market modelling (dispatch, capacity expansion),
Optimization (LP, CPLEX) and Machine Learning,
Python development(PyPSA, scikit-learn,streamlit, polars) using git,
Data analytics & content research,
Exposure tointegrated assessment models.
Familiarity with following areas isdesirable:
GenAI is used very widely across a range of activities: drafting code and documents, researching and summarizing information to name a few,
Exposure tomodel development lifecycle including interactions with stakeholders and partners (investors, governance, softwareengineersand product designers),
Exposure to private assets modelling.
Good to Have
Understanding of AgileSoftwareDevelopmentLifeCycleunderpinned by Azure DevOps.
Knowledge of investment process, climate risk particularly transition risk & decarbonization analytics.
CFA/FRM preferred.
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 a
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