2022 Quantitative Investments Summer Internship

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2022 Quantitative Investments Summer Internship

San Francisco, CA
  • Responsibilities

    To be eligible for this position, please complete the application on BlackRock's careers page after applying on WayUp. When applying on BlackRock's careers page, select up to two business divisions within the Summer Analyst program. After applying you will immediately be invited to submit a Virtual Cover Letter and if you apply to Software Engineering, you will be invited to take a coding challenge. If you do not complete the application on BlackRock's careers page, you will not be eligible for the program.

    The Summer Analyst Program is for candidates in their penultimate year of study and obtaining their Bachelor’s or Master’s degree with less than 18 months of full time work experience.

    Our Summer Analyst Program is designed to provide students a challenging, meaningful and supportive internship experience that replicates as closely as possible the experience of being a full-time BlackRock Analyst. The program begins with a Summer Analyst orientation which offers a thorough overview of the firm and the opportunity to hear from a number of senior leaders. Following orientation, interns receive on-the-job training and are given day-to-day responsibilities to contribute to their teams throughout the summer. The program also includes a speaker series, mentoring program, and various networking opportunities. The campus recruiting team also partners very closely with the firm Employee Networks to ensure the summer analysts can learn and interact with our employee networks and learn about our Inclusion & Diversity initiatives. The firm is highly committed to the Summer Analyst Program and it is the main pipeline into our Full Time Analyst Program.

    Together, we help more and more people experience financial well-being. In particular, the Investments teams conduct market research and analyze specific investment opportunities which meet client needs.

    Quantitative investing roles involve conducting quantitative research, developing mathematical trading models and strategies, establishing metrics for risk and performance, and developing software.

    Our business contains two teams:

    • *Systematic Active Equities: *Systematic Active Equity is a groundbreaking quantitative investment team that applies the latest Big Data and Machine Learning techniques to the world of investing. To achieve superior outcomes for our clients including large institutional investors, retirement plans of the world’s leading companies, and individual investors saving for the future. We build constantly evolving models that capture the drivers of stock returns, from today’s trading activity or internet searches to next year’s economic forecasts or long-term demographic trends.
    • Systematic Fixed Income: Systematic Fixed Income is responsible for generating investment performance across a spectrum of portfolios. Team members are researchers and portfolio managers who build quantitative models for a range of assets. Models are based on a variety of inputs and employ sophisticated financial theory, econometrics and computing techniques. The team continually adapts the models to a constantly evolving investment landscape.
  • Qualifications
    • Familiarity with natural language processing, machine learning, and/or artificial intelligence
    • Strong programming skills, either from a data pipeline background (AWS, Hadoop, Spark, SQL), and/or statistical analysis background (Python, R, Matlab, ML libraries)
    • Analytical approach
    • Distilling large amounts of data
    • Numerical skills
    • Problem solving
    • Research skills
  • Industry
    Financial Services
  • Fun Fact
    We offer a fun, entrepreneurial culture you wouldn’t typically find at a financial services company. You can even wear jeans to work!
  • About Us

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. As of December 31, 2020, the firm managed approximately $8.68 trillion in assets on behalf of investors worldwide.