Index Projections and Analytics, BlackRock Global Markets (BGM), Associate

About this role

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

Team Overview

Index Projection & Analytics is a specialist team of index methodology experts that drives better index investment outcomes through high‑integrity data, advanced analytics, and advocacy for stronger index standards. We deliver actionable insights and challenge the status quo to improve client outcomes in a technology‑ and AI‑enabled future.

Your Role and Impact

At BlackRock, we are looking for an Index Researcher who likes to innovate and solve complex problems. We recognize that strength comes from diversity, and will embrace your outstanding skills, curiosity, drive, and passion while giving you the opportunity to grow. Being an Index Researcher at BlackRock means you get to work for one of the most advanced financial companies and be part of an innovative community responsible for next-generation investment solutions. The role is part of an established global team managing the world’s largest book of index investment assets, servicing BlackRock’s primary institutional and retail clients. It is an opportunity to work in the premier index investments team globally, using industry leading portfolio management applications.

Key Responsibilities:

• Play an integral role in producing high quality, forward looking index projections that drive investor trade decisions

• Research expected index changes, upcoming corporate actions, and major index rebalances and conduct statistical analysis to help build and drive our analytical offering.

• Play an integral part in defining and building out a best-in-class Index Research Analytics platform for BlackRock

• Collaborate with Quantitative Research to apply modeling techniques to address index investing challenges and opportunities.

• Be an active voice in our index portfolio management process.

• Partner & support index strategy and product teams with benchmark analysis.

• Apply advanced data science techniques on complex financial data to generate commercial value for our business partners.

• Provide data insights and thought leadership for internal and external client use.

• Build strong relationships with index partners in research, data & technology.  

• Design and implement risk controls to detect anomalies in index data and methodologies

Skills/Qualifications

• 3-7 years of relevant experience.

• Minimum education requirements: Master's degree or equivalent in Finance, Mathematics, Economics, Engineering or related field.

• Data Science, Data management and Data visualization tools and techniques - a strong plus.

• Ability to demonstrate a blend of technical and analytical skills, with equal importance on communication and presentation.

• Passion for investing and a continuous desire to learn more about financial markets and fund management.

• Clear, logical thinker with strong quantitative problem-solving abilities.

• Comfortable at developing cross-functional relationships at all levels.

• Strong understanding of index construction & methodology concepts.

• Strong understanding of index investing across equity, fixed income, derivatives and digital assets a strong plus.

• Ability to multitask and prioritize assignments while producing high quality work in a demanding, fast-paced environment.

• Excellent verbal and written communication, teamwork, and relationship-building skills.

• Programming skills requirement: Python and SQL.

• Experience with Aladdin tools and knowledge of Aladdin data sources are a plus.

• Bloomberg & FactSet knowledge is an advantage.

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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

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.