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Vice President, Risk & Quantitative Analysis (RQA)

Shanghai, China
Closing date
29 May 2024

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Banking and Financial Services
Contract Type
Full Time

Job Details


About this role

About BlackRock CCB Wealth Management Limited

BlackRock's purpose is to help more and more people experience financial well-being and the firm has a long history of investing in and serving investors in China. BlackRock aspires to become the leading global asset management firm operating in China and is committed to contributing to the long-term development of the local asset management industry. BlackRock CCB Wealth Management Limited (China WMC) - a Shanghai-based joint venture between BlackRock, China Construction Bank and Temasek - aims to deliver investment excellence by offering customer-centric, diversified and innovative wealth management products and solutions to help Chinese people secure a better financial future and retire with dignity.

Role Description

RQA (Risk & Quantitative Analysis )team seeks to hire an experienced risk manager to support BlackRock's risk management efforts in WMC. The role, based in Shanghai, will report to the Head of RQA, and will have active interactions with the RQA team across APAC.

  • Support the head of RQA in managing WMC's investment and counterparty risk, including risk assessment on new products/strategies, risk-return evaluation and reporting on existing products, PM engagement for risk awareness and discussions, and escalation of risk issues.
  • Assist the head of RQA to make decisions on new product/strategy approval, new instrument onboarding, new building block onboarding, new counterparty onboarding, exceptional risk approval, risk alerts and risk acceptance.
  • Work with various stakeholders to enhance the Asset-Liability Management dashboard, facilitating transparency and efficient management to a large number of products across various asset classes and strategies.
  • Liaise with global RQA counterparts on WMC investment and counterparty risk management matters, ensure alignment with BLK's risk management culture and fiduciary duty to investors.
  • Enhance the WMC risk management framework by incorporating BLK global RQA best practice while adhering to local regulatory requirements. Addressing feedback from internal audit, external audit, compliance review and RCSA assessments.
  • Prepare investment risk management materials for local and global alignment, as well as ad-hoc assessments for senior management engagement.
  • Conduct product risk rating assessment and monitoring, refining product risk rating policies and methodologies for new and existing products.
  • Support Firm to Firm engagement, participating in risk related projects and initiatives.
  • Handle other routine risk management tasks and fulfilling regulatory reporting requirements.
Qualifications, Knowledge and Experience:
  • 6-10 years of demonstrated experience in risk management, quant analytics, portfolio management, or information technology.
  • Broad experience across multiple risk disciplines or a background in technology is preferred (i.e., investment, quant developer, regulatory and counterparty risk).
  • Ability to explain complex ideas in simple but impactful terms in order to influence decisions across the investment teams and supporting functions.
  • Deep experience in investment risk across various asset classes and products will be viewed favorably.
  • Proficiency in scenario analysis, stress-testing, factor models, performance attribution, and other risk-related metrics and tools.
  • A degree in mathematics, quantitative finance, computer science, economics, statistics, engineering or a related quantitative field.
  • Fluency in both written and spoken English and Chinese.
  • Coding skills in R, Python, etc. is preferrable.
BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer-M/F/D/V.

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.

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:

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.

Job requisition #



About Us

BlackRock’s purpose is to help more and more people experience financial well-being. We serve pension plans providing for nurses, teachers, firefighters, law enforcement and other public and private sector workers, individual investors investing for their own retirement, and institutions such as governments, foundations and insurance companies. Clients turn to BlackRock for the innovative solutions they need when planning for their most important goals. We are passionate about helping those we serve build a strong financial future, so we seek out a diverse range of perspectives and talents to solve their most complex challenges.

While our firm has offices across more than 30 countries, we operate as "One BlackRock:” our people thrive on collaboration, mutual trust and respect, and we inspire each other to collectively raise our game. BlackRock is dedicated to its principles, which include a culture of equity and inclusion, where employees can bring their full selves to every conversation, every day.

Our employee networks

Our global networks are dynamic communities built on shared experiences, intersectionality and allyship. They are culture carriers for the firm, offering employees and allies the opportunity to enhance and shape the inclusive culture to which we aspire. Employee networks are sponsored by senior leaders and are proudly designed by employees, for employees.

The Ability & Allies Network (ABN) provides a sense of community, advocacy, resources and support for all types of disability-related issues within the firm.


2022 Disability:IN Disability Equality Index

BlackRock was recognised as one of the Best Places to Work for Disability Inclusion after scoring 100% on the Disability Equality Index. The index is a joint initiative between the American Association of People with Disabilities and Disability:IN. that helps companies build a roadmap of measurable, tangible actions that they can take to achieve disability inclusion and equality.

Glassdoor Best Places to Work 2022 – US & UK

This recognition is a result of the feedback provided by current and former colleagues about their experiences working at BlackRock. Ranking #72 in the US and #12 in the UK.

#1 Capital Markets Industry 2023

BlackRock was named one of America’s Most JUST Companies for the 3rd consecutive year, according to Forbes and JUST Capital. We ranked #1 in the Capital Markets industry. The 2023 list of America’s Most JUST Companies celebrates U.S. corporations that outperform their peers in the Russell 1000 on the priorities of the American people – including issues like fair pay, ethical leadership, good benefits and work-life balance, equal opportunity, customer treatment and privacy, community support, environmental impact, and delivering shareholder return. By balancing the needs of all stakeholders, JUST 100 companies demonstrate that profits and purpose can go hand in hand.


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