Associate, Systematic Active Equities Portfolio Management

About this role

BlackRock is seeking an Associate level systematic researcher to join the Systematic Active Equity (SAE) team in Riyadh and support this leading business.

SAE is a pioneer in systematic investing, managing over $150bn in assets for institutions and retail investors around the world.

This professional will join an established team who, in partnership with internal stakeholders, are responsible for developing new business, fostering client relationships, designing new investment products strengthening the research library used across a global suite of active investment strategies. This professional will play a crucial role in developing the systematic business in Saudi Arabia, and also in furthering our local research efforts using local and global data sources.

Responsibilities:

• Collaborate closely with senior strategists, researchers and portfolio managers within SAE to cultivate a deep understanding of our investment approach, portfolio characteristics and performance results to understand all facets of the products.

• Test new data sets and develop them into investment ideas and learn to create signals from front to back. Contribute to developing new investment signals to further SAE’s library of signals.

• Work alongside portfolios managers to understand outcomes, and work to improve systematic models to respond to perceived gaps or newly emerging trends.

• Work with the global team to find new and innovative local data sets to use in our investment approach.

Skills / Qualifications:

• Passionate about investing, fundamentally curious and self-motivated

• Clear ability to understand the drivers of global markets

• Strong programming skills, preferably from both a statistical analysis background (Python, ML libraries) and data pipeline background (AWS, Hadoop, Spark, SQL)

• A Bachelors, Masters or PhD in a quantitative discipline: e.g., economics, finance, statistics, applied mathematics, computer science

• Outstanding communication skills and strong attention to detail

• Ability to work effectively and collaboratively in a team environment and across the organisation – adaptable, reliable with a strong ‘can do’ attitude

• Have a strong track record in effective coordination and task management

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 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.