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SalaryAbout this role
Company: BlackRock Financial Management, Inc.
Job Title: Associate, Fixed Income
Location: 50 Hudson Yards New York, NY 10001
Summary of duties: Use credit, bonds, interest rates, and foreign exchanges to offer a variety of Fixed Income products crafted to meet specific clients risk and return profiles. Manages client flows, constructs portfolios, monitors risk and hedge exposure to implement trading strategies based on clients’ needs and preferences. Analyzes the performance of companies, industries, and countries for Portfolio Managers and clients. Responsible for product development and servicing new and existing products and clients. Provides daily support in the Fixed Income investment process. Provides and analyzes analytics and data for BlackRock to use internally when making investments decisions. Generates financial models. Analyzes and researches for existing and new Fixed Income clients. Manages and amends client accounts. Undertakes sector-based research. Four (4) days in office and one (1) day remote per week
Qualifications: Bachelor’s degree in Quantitative and Computational Finance, Financial Engineering, Applied Mathematics, Computer Science, or related field. Two (2) years of experience as a Fixed Income Trader, Quantitative Financial Analyst, or related role. Two (2) years of experience with: trading Fixed Income securities with quantitative pricing and modeling; coding and programming for quantitative financial analysis, including Python and SQL; developing mathematical financial models; balance sheet management; machine learning; and database management.
To apply: please click the “Apply” button on this webpage.
For New York City only: The salary range for this position is $150,500 – $156,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.
