Job Description

Economist Position

BlackRock is one of the world's largest and most prominent investment management firms, managing trillions of dollars in assets for institutions, governments, and individuals worldwide. We offer a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and alternative investments, catering to various investor needs and risk appetites. BlackRock has embraced technology in its operations and investment strategies, utilizing advanced analytics, machine learning, and data-driven insights to enhance decision-making processes and optimize portfolio performance.

The BlackRock investment institute (BII) leverages BlackRock's expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics, and long-term asset allocation - all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock's expertise in markets, asset classes, and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed, and on the cutting edge of investment thinking.

Why is your role important?

Reporting to the Head of Macro, this economist will be a member of a small team globally responsible for conducting analysis of major economies and forming views about the future development of those economies. This role will focus primarily on the US but will also be expected to cover other economies. The economic views formed by the team underpin asset allocations over both the tactical and strategic horizons that give Blackrock's clients the whole-portfolio perspective that they need today.

When applying for the position, please include not only your resume but also a response to the following question: How do you use AI in your economic research? Please include specific examples to illustrate your answer .

What will you be doing?

• Identifying and producing impactful and timely macro analysis to inform investment platform debate and decisions.
• Tracking and analyzing global policy and data developments of relevance to investors.
• Developing and articulating the BII's global macro views in support of both tactical and strategic investment views, including capital market assumptions.
• Economic and financial modeling: developing, applying, analyzing, and dissecting quantitative models.
• Participating in global client engagement, engaging investors on global macro issues.

What are we looking for?

AI:

• Strong literacy in artificial intelligence (AI) research, with a focus on its applications and implications within economics.
• Ability to synthesize academic and industry research across machine learning, automation, and economic modeling, and distill relevant insights for strategic decision-making.
• Familiarity with topics such as AI-driven productivity, labor substitution, economic competitiveness, and policy risk.
• Experience applying AI and data-driven frameworks to solve complex economic or business problems.
• Graduate-level coursework or hands-on experience with AI tools used in economic forecasting, pricing models, or scenario analysis.

Economics & Broader Qualifications:

• 3+ years of experience in a market economist position in the financial services or policy-making sectors.
• Strong background in macroeconomics and finance with substantial experience forecasting and analyzing economic trends. Intellectually curious and able to frame new issues for investors and clients.
• A credible thought leader and effective in both verbal and written communications.
• Ability to build and maintain strong relationships internally and externally.
• Deep knowledge of Microsoft Office suite (PowerPoint, Excel, Word); very strong statistical/econometric software skills are required. Python and other coding skills highly desirable.

For New York, NY only, the salary range for this position is USD$116,000.00 - USD$155,000.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including health care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

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.

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.

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