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BlackRock

Algo Engineer , Liability Driven Investment (LDI), Associate

Posted 3 Hours Ago
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In-Office
Gurugram, Haryana
Mid level
In-Office
Gurugram, Haryana
Mid level

About this role

About the team 

The Fixed Income Solutions (FIS) business at BlackRock sits within the Portfolio Management Group (PMG) and operates globally across London, New York, Atlanta, San Francisco, Gurgaon and Mumbai. FIS partners closely with clients to design, implement, and manage outcomeoriented investment solutions. 

The Liability Driven Investment (LDI) business is a distinct part of FIS which leverages the breadth and depth of the entire platform when delivering investment solutions for our clients. BlackRock has been managing LDI mandates for over 20 years. We are passionate about designing and implementing fixed income solutions to help, primarily, pension fund clients to meet their long-term investment objectives. Our day to day activities range from monitoring the markets, modelling solutions and formulating the investment proposition, to trade construction, to designing the operational structure of the mandate and working with multiple BlackRock teams to implement it.  

 

LDI Technology is a dedicated technology team embedded within the LDI business. The team’s mandate is to materially improve LDI investment and client workflows by building highquality, scalable, and wellgoverned technology solutions. 

 

Role overview 

We are seeking an Associate level technologist to join the LDI Technology team. 

This role is focused on contributing to strategic LDI Technology Initiatives whilst also operating and building on BlackRock’s technology platforms with a particular emphasis on building algorithms, code maintenance and production delivery. 

The role is suited to a handson engineer who has a keen interest in working closely with the business, taking ownership of real problems, and applying software development techniques to investment workflows. 

 

Key responsibilities 

  • Design, implement, and maintain Pythonbased platforms and tools supporting LDI investment and client workflows. 

  • Work endtoend across the development lifecycle: requirements gathering, development, testing, deployment, and production support. 

  • Apply strong software engineering discipline, including version control, testing, documentation, and monitoring. 

  • Debug and resolve complex technical issues across applications, data, and infrastructure. 

Business partnership 

  • Develop a strong understanding of LDI investment processes and the data that underpins them. 

  • Work closely with investors and LDI colleagues to identify high impact technology opportunities. 

  • Support users in adopting new technology and integrating it into established workflows. 

  • Guide less experienced colleagues though knowledge sharing, shaping emerging best practices, and building out a common code library 

  • Partner with firmwide technology platforms, including Aladdin, to shape requirements, support testing, and integrate new capabilities into the LDI business. 

 

Skills and experience required 

Essential 

  • Quantitative or technical background (BE/BTech in Computer Science, Engineering, Mathematics, or a related field). 

  • Strong Python experience, with the ability to build productiongrade tools. 

  • Experience working across the full software development lifecycle. 

  • Strong problemsolving skills with a structured, processoriented mindset. 

  • Excellent written and verbal communication skills. 

  • Ability to work effectively in a collaborative, businessembedded technology team. 

Beneficial 

  • Knowledge of Finance, or Fixed Income markets in particular 

  • Familiarity with BlackRock platforms such as Aladdin. 

  • Experience with analytics, optimisation, or portfoliorelated tooling. 

  • Experience deploying Generative AI techniques 

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.


Guidance on AI use for candidates


At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.


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.


To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

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.

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