BlackRock Innovation Team Seeks Data-Driven Associate to Drive Liquidity & Financing Advancements
BlackRock’s Innovation, Data & Analytics (IDA) team is actively recruiting a dynamic Associate to spearhead data-oriented solutions within its Liquidity & Financing function, signaling a continued investment in next-generation financial technologies.
BlackRock Global Markets and Index Investments (BGM) brings together key functions – Index Investments, Global Trading, ETF Markets, and Liquidity & Financing – with a focus on enhancing investment processes and fostering strategic collaborations. Within BGM, the Liquidity & Financing (L&F) pillar, encompassing Securities Lending, Securities Financing, and Cash Management, is dedicated to delivering robust liquidity and financing performance for both clients and investment teams.
The IDA team plays a pivotal role across all of L&F, with a core mission to “enable the next generation of innovation and data-driven decision making,” as stated in a company release. This new role is central to that mission.
Driving Innovation Through Data & Technology
The Associate will be responsible for researching, documenting, and testing emerging technologies with a clear focus on generating revenue, improving productivity, enabling scalability, and mitigating risk. A key component of the role involves developing proprietary data transformations and logic through in-depth analysis of trading, market, product, and client dynamics.
“This position requires a candidate who isn’t afraid to dive deep into complex data challenges and translate those insights into tangible solutions,” noted a senior official.
Collaboration and Strategic Partnerships
The role emphasizes collaboration, requiring the Associate to work within a multi-disciplinary team – including program and product managers, data engineers, and trading and client professionals – to expand analytics and business intelligence offerings. Furthermore, securing and expanding data, analytics, and research partnerships across the firm will be a critical responsibility.
Ideal Candidate Profile
BlackRock is seeking candidates with a strong quantitative background, specifically an undergraduate or graduate degree in Engineering, Finance, Mathematics, Computer Science, Operations Research, or a related field. A minimum of four years of relevant experience in data strategy, analytics, or innovation within the technology or financial services sectors is required. Experience in Securities Lending, Securities Financing, or Cash Management is considered a significant advantage.
Candidates should demonstrate excellent quantitative and analytical skills, with the ability to identify problems, design effective solutions, and implement long-term change. Familiarity with cloud platforms, APIs, and distributed data systems is preferred, and prior experience with large-scale data migration projects is highly valued. A passion for innovation, particularly in areas like AI and automation, is essential.
Compensation, Benefits, and Work Model
For the New York, NY position, the stated salary range is currently USD$0.00 – USD$0.00. However, BlackRock emphasizes a pay-for-performance compensation philosophy, with employees eligible for an annual discretionary bonus. A comprehensive benefits package, including healthcare, leave benefits, and retirement plans, is also offered.
BlackRock’s benefits program is designed to support employee well-being, offering resources such as a strong retirement plan, tuition reimbursement, comprehensive healthcare, and support for working parents, alongside Flexible Time Off (FTO).
The company operates a hybrid work model, requiring employees to be in the office at least four days per week, with one day of remote work flexibility. This model aims to balance collaboration and flexibility, accelerating onboarding and learning for new hires.
BlackRock’s Commitment to Financial Well-being and Inclusion
BlackRock’s overarching mission is to help more people achieve financial well-being, supporting clients in saving for retirement, funding education, and building businesses. The firm recognizes its employees as its most valuable asset, fostering an inclusive environment with networks, benefits, and development opportunities.
BlackRock is an equal opportunity employer, committed to evaluating qualified applicants without regard to race, creed, color, national origin, sex, sexual orientation, age, ancestry, disability, marital status, or other protected characteristics. Reasonable accommodations are available for individuals with disabilities; requests can be emailed to [email protected]. The firm also considers applicants with arrest or conviction records in accordance with applicable laws.
For additional information, visit BlackRock’s website @blackrock, Twitter @blackrock, or LinkedIn www.linkedin.com/company/blackrock.
