This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and deliver independent risk advice and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process. The Capital Markets Credit Risk team is charged with actively managing global counterparty credit risk exposures in accordance with the firm’s fiduciary mandate, which includes providing transparency to counterparty credit-related portfolio and firm-wide risks. The team works closely with BlackRock’s securities lending business, applying its counterparty risk management expertise to support the firm’s role as an Agent Lender. The team is also responsible for trading risk, helping trading management ensure that traders’ execution strategies result in their intended outcomes. The principal responsibilities of an analyst within the counterparty risk function will be to contribute to the team’s coverage of global counterparties and develop expertise on transactions that give rise to counterparty exposures, such as securities settlement, derivatives transactions (both bilateral and cleared) and financing trades. The role encompasses both fiduciary and enterprise risk management mandates.
Job Responsibility:
Producing counterparty credit reviews of financial institutions using financial statement analysis and qualitative review guidelines
Monitoring financial performance and market driven events of counterparties
Reporting and reviewing counterparty risk exposures, including preparing counterparty risk reports for senior stakeholders and regulators
Monitoring and analysing aggregate levels of counterparty credit exposures for BlackRock’s clients’ portfolios against appropriate thresholds (regulatory and/or internal risk limits and thresholds), where required
Identifying counterparty credit risks and exposures arising from new investment activities and/or operational processes
Interacting with global trading and portfolio management teams supporting counterparty exposure management initiatives
Supporting global regulatory change projects and developments impacting counterparty credit risk management
Protecting the reputation of BlackRock and its clients
Requirements:
A master’s degree in accounting, finance, economics, or relevant work experience involving financial statement analysis or credit risk management
Ability to communicate with stakeholders across multiple functions, geographies and cultures with professional maturity and sound judgment
Ability to effectively work with advanced Excel features, Power BI and/or coding in Python are a positive for the role
An ability to explain complex ideas in simple but impactful terms and proven ability to use effective communication to influence outcomes
A passion for problem solving and an interest in being a persistent student of the financial markets
Strong attention to detail, a strong work ethic and ability to work both independently and as part of a team