Index Equity Technology Engineer, Director

About this role

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 offers a range of solutions — from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. Business Unit Overview.

BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Cash Management, Global Trading, ETF Markets, Securities Lending, and Financing & Financial Resource Management businesses. Together, we provide clients with superior market access and index investment outcomes through:

• World class talent, operating at the intersection of investment insight, markets expertise, risk management and process design

• Technology at the heart of our processes, with in-business tech teams that create cutting-edge IP, providing an advantage in quality, scale, and risk control

• A focus on transforming markets, driving and advocating for more accessible, resilient, and transparent markets to deliver more choice and lower costs for investors

Job Purpose/Background:

The Index Equity Technology team within BGM (Blackrock Global Markets) is seeking to expand and improve business efficiency, scalability and deliver faster. This business-side role entails working with Portfolio Managers, Citizen Developers, and the Aladdin teams, in order to build a best-in-class investment platform. The person filling this role will facilitate the development, enablement and maintenance of portfolio engineering systems for index investment processes.

A successful candidate will be able to understand the index equity portfolio construction process, influence process improvement, lead partner relationships, enable Citizen developers' community, and reliably build, review and deliver working code that both serves the immediate need and is robust and extensible enough to evolve and support scale as our business grows.

Key Responsibilities:

• Implement an innovative platform, primarily in Python, for the development, deployment, maintenance and monitoring of investment systems

• Identify, and implement, opportunities for improvement of operational processes

• Understand the BlackRock technology platform and integrate the investment platform into it

• Enable Citizen Developers to deliver tactical and strategic solutions to automate manual processes

• Collaborate with BlackRock technology teams that support BGM, to ensure that they understand our requirements and build well-suited tools

• Build out tactical solutions to accelerate meeting business needs while continuing to plan out strategic long-term solution

Skills/Qualifications:

• Bachelor’s or Master’s Degree in computer science/engineering/quantitative field with strong computing skills or equivalent experience

• Exceptional technical and programming skills in Python (preferred), Java, C++ and working with traditional and cloud databases

• Proficiency in software development life cycle (SDLC) that covers agile development methodologies, code versioning tools, and continuous integration

• Experience writing functional and technical specification documents

• Excellent analytical, problem solving and project management skills

• Excellent teammate with motivation and inquisitiveness and has comfort with ambiguity

• Effective interpersonal skills and partner management skills

• High level of self-motivation with ability to own and drive multiple projects at once

• High degree of professional integrity, discretion and judgment

• Interest and experience in innovative technology like AI is a plus

For San Francisco, CA Only the salary range for this position is USD$215,000.00 - USD$275,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.