Analyst - Credit Research

About this role

About BlackRock

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

About BlackRock US Municipals Group

The Municipal Fixed Income business in BlackRock’s Portfolio Management Group is one of the largest managers of municipal securities in the industry with over $159 billion of assets under management.  The platform offers a broad array of investment choices including mandates focused on both taxable and tax-exempt bonds.  BlackRock seeks an analyst to join a newly established Gurgaon-based staff in support of a dedicated Municipal Credit Research team located primarily in Princeton, New Jersey, USA.  The analyst will report to senior research personnel and will have close daily interaction with a variety of investment professionals on the Municipals team.

Position Overview:

The responsibilities of a Municipal Credit Research Analyst include:

• Acquire and organize financial and economic data sets to build out the firm’s municipal credit database and complete timely surveillance of existing municipal bond positions
• Conduct fundamental credit analysis on public issuers of municipal debt across a variety of sectors, including US State and Local Governments, Utilities, Transportation, Healthcare and Higher Education
• Provide written credit opinions and market analysis taking into account issuer financial statements, bond pricing and other available disclosures

• Build partnerships and strong working relationships with analysts, portfolio managers, data science experts and other internal BlackRock stakeholders
• Develop connections with rating agencies and sell-side traders/analysts focused on the municipal market
• Participate in the Chartered Financial Analyst (CFA) Program

Qualifications:

• Undergraduate degree in Finance, Accounting or a quantitative field
• Excellent written and verbal communication skills
• 1-3 years fixed income market or credit research experience; knowledge of the municipal bond market preferred
• Ability to work during times that at least partially overlap with financial markets hours in eastern US (approximately 13:00-22:00 IST)
• Strong technical skills with proven experience using SQL, Python, VBA, or other programming languages to enhance individual efficiency
• Familiarity with statistical modeling, data visualizations and project management
• Progress towards CFA designation
• Demonstrated knowledge of Microsoft Office suite
• Proven experience working both independently and as part of a team in a highly collaborative, global environment
• Passion for financial markets

We are looking for people who are:

• Tech-Savvy: You want to find new ways to outsmart the problem
• Curious: You love learning and you have a self-starting personality
• Passionate: You feel personal ownership for the work you do
• Open: You value and respect input from others and want to be part of a team
• Experimental: You learn from mistakes

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: www.linkedin.com/company/blackrock

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.