1 day ago
Base Salary
$160k - $210k/yr
Responsibilities
- Design, develop, and maintain Python-based services, libraries, and analytics tools.
- Build and support production-grade platforms for option analytics, margin monitoring, and technology-assisted trading.
- Collaborate with portfolio management, research, trading, and sales teams to turn ideas into usable software products.
- Serve as a subject matter expert on option markets within the technology organization.
- Support workflows involving proposal generation, portfolio construction, risk analytics, trading, market data, and investment processes.
Requirements
- At least 5 years of professional experience in quantitative development, software engineering, data engineering, or financial technology.
- At least 2 years of professional experience with derivatives.
- Strong proficiency in a programming language, preferably Python, and experience building maintainable, production-quality software.
- Strong knowledge of software design, testing, debugging, version control, observability, and production support practices.
- Strong understanding of option markets, volatility surfaces, Greeks, scenario analysis, VaR, and other risk measures.
- Broad knowledge of financial markets, data providers, and risk models.
- Experience with systems supporting trading, portfolio construction, risk, analytics, market data, or investment workflows.
- Bachelor’s, master’s, or PhD in a highly quantitative field.
- Experience with Dash, Open Container Initiative container image packaging and runtime, Prefect, MySQL, and AWS is desirable.
- Knowledge of risk-based and Reg T margin calculations is desirable.
- Strong analytical, problem-solving, communication, decision-making, and cross-functional collaboration skills, plus the ability to effectively leverage AI for productivity and code quality.
Benefits
- Healthcare, leave benefits, retirement benefits, tuition reimbursement, support for working parents, and Flexible Time Off.
- Chicago base salary range of USD$160,000.00–$210,000.00, plus eligibility for an annual discretionary bonus.
- Hybrid work model requiring at least 4 days in the office per week, with flexibility to work from home 1 day per week.
About BlackRock
BlackRock is a public, New York–based global asset manager and technology provider founded in 1988. It offers investment products—including the iShares ETF franchise—and portfolio and risk management software via the Aladdin platform to institutions, financial advisors, and individual investors, earning primarily management and technology fees. Its shares trade on the NYSE, and the firm serves clients in major markets worldwide.