About this role
AI Labs OverviewSince our founding over 30 years ago, BlackRock has brought together great minds to drive innovation. From the beginning, we have been demonstrating technology for insight and efficiency to make our business better and to help clients realize the objectives they desire. BlackRock manages ~$10+ trillion in assets on behalf of investors worldwide. As such, there is a rich problem space for data scientists and engineers across all areas of the business including investments, sales, marketing, operations, product, UX, etc. and the potential to have large scale impact. In 2018 BlackRock accelerated innovation and technology again with additional investment in artificial intelligence and data science and all the potential they represent.
The AI Labs was formed to act as a central hub with a firm-wide remit to solve strategic business challenges for the firm by bringing to bear our expertise in machine learning, artificial intelligence, data science and optimization. Our mission is to combine human and machine intelligence to revolutionize asset management. The team is led by Dr. Rachel Schutt, and co-head Professor Stephen Boyd, Samsung Professor of Engineering at Stanford.
We are a hybrid research and product team and have a responsibility to drive towards commercial impact in the form of alpha generation, operational efficiencies, and cost reduction. Building on the success of systematic investment teams with a history of demonstrating machine learning at BlackRock to create alpha, the goal was to apply these same techniques throughout the business.
The team has grown to 75+ data scientists and engineers. Working collaboratively, the team is multi-disciplinary with the following skills and capabilities: machine learning, optimization, statistical modeling, signal detection, natural language processing, data visualization, generative AI, network/graph modeling, ETL, data pipelines, data architecture, ML engineering, communication, product management and strategy. We work with data from a wide variety of sources including text, news feeds, financial reports, time series transactions, user behavior logs, and real-time data.
AI Labs has offices in New York, Palo Alto, Edinburgh, San Francisco, Atlanta and Gurgaon. The team has several Stanford professors as senior advisors with world-class expertise in machine learning, statistics, optimization and stochastic control. These advisors include Stephen Boyd, Emanuel Candes, Trevor Hastie, and Mykel Kochenderfer who dedicate time in our Palo Alto office and provide advice and guidance for the team.
We are looking for candidates with unique backgrounds and diverse skill sets with fresh perspectives to accelerate and amplify our efforts to make an impact at BlackRock. AI Labs aims to bring best of class technologies, analytics, and insights to the entirety of the firm and to our clients utilizing data from a wide variety of sources including text, news feeds, financial reports, time series transactions, logs, imagery, and real-time data.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.