Vice President, Risk & Quantitative Analysis (RQA)

n experienced risk manager to support BlackRock's risk management efforts in WMC. The role, based in Shanghai, will report to the Head of RQA, and will have active interactions with the RQA team across APAC.

Responsibilities

• Support the head of RQA in managing WMC's investment and counterparty risk, including risk assessment on new products/strategies, risk-return evaluation and reporting on existing products, PM engagement for risk awareness and discussions, and escalation of risk issues.

• Assist the head of RQA to make decisions on new product/strategy approval, new instrument onboarding, new building block onboarding, new counterparty onboarding, exceptional risk approval, risk alerts and risk acceptance.

• Work with various stakeholders to enhance the Asset-Liability Management dashboard, facilitating transparency and efficient management to a large number of products across various asset classes and strategies.

• Liaise with global RQA counterparts on WMC investment and counterparty risk management matters, ensure alignment with BLK's risk management culture and fiduciary duty to investors.

• Enhance the WMC risk management framework by incorporating BLK global RQA best practice while adhering to local regulatory requirements. Addressing feedback from internal audit, external audit, compliance review and RCSA assessments.

• Prepare investment risk management materials for local and global alignment, as well as ad-hoc assessments for senior management engagement.

• Conduct product risk rating assessment and monitoring, refining product risk rating policies and methodologies for new and existing products.

• Support Firm to Firm engagement, participating in risk related projects and initiatives.

• Handle other routine risk management tasks and fulfilling regulatory reporting requirements.

Qualifications, Knowledge and Experience:

• 6-10 years of demonstrated experience in risk management, quant analytics, portfolio management, or information technology.

• Broad experience across multiple risk disciplines or a background in technology is preferred (i.e., investment, quant developer, regulatory and counterparty risk).

• Ability to explain complex ideas in simple but impactful terms in order to influence decisions across the investment teams and supporting functions.

• Deep experience in investment risk across various asset classes and products will be viewed favorably.

• Proficiency in scenario analysis, stress-testing, factor models, performance attribution, and other risk-related metrics and tools.

• A degree in mathematics, quantitative finance, computer science, economics, statistics, engineering or a related quantitative field.

• Fluency in both written and spoken English and Chinese.

• Coding skills in R, Python, etc. is preferrable.

BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer-M/F/D/V.

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: https://www.linkedin.com/company/blackrock

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.