About this role
BlackRock seeks a skilled Associate Software Developer for the Private Asset Calculation Engine (PACE) team. PACE powers alternatives performance and risk analytics across BlackRock's eFront platform, delivering mission-critical calculations for private equity, real estate, infrastructure, and private credit investments.
You'll contribute to an enterprise-scale financial analytics platform impacting billions in assets under management, working alongside experienced engineers, quantitative analysts, and product specialists to build robust, scalable solutions for global institutional investors.
Key Responsibilities
Core Responsibilities
Design, develop, and maintain microservices using Java 17, Spring Boot 3.5, and gRPC for high-performance financial analytics
Build calculation engines for alternative investment metrics (IRR, TWR, TVPI, DPI) and implement Protocol Buffer schemas for efficient data serialization
Develop RESTful and gRPC APIs, optimize performance of computation-intensive algorithms, and implement caching strategies using Redis
Write comprehensive unit and integration tests (JUnit 5, Mockito, Maven Surefire) and participate in cloud-native deployments (Docker, Kubernetes, Azure DevOps)
Integrate external data providers (FX services, ESG platforms, benchmarking providers) and engage in code reviews and technical design discussions
Develop knowledge of alternative investment financial calculations including cashflow analysis, NAV calculations, and performance attribution
Collaborate with quantitative analysts to implement and validate sophisticated financial models ensuring data accuracy and proper transaction taxonomy
Qualifications
Required Experience & Technical Skills
3-5 years of professional software development experience in production environments
Strong proficiency in Java programming (Java 11 minimum; Java 17 preferred) including object-oriented design principles and core libraries
Demonstrated experience with Spring Framework ecosystem including Spring Boot, Spring MVC, and dependency injection patterns
Solid understanding of microservices architecture principles and RESTful API design best practices
Proficiency with Maven for build automation, dependency management, and project lifecycle management
Practical experience with relational database systems and SQL, including query writing and basic optimization
Strong unit testing capabilities utilizing JUnit and Mockito frameworks with understanding of test-driven development principles
Version control proficiency with Git including branching strategies, merge workflows, and collaborative development practices
Working knowledge of containerization technologies (Docker) and cloud platforms (Azure)
Preferred Qualifications
Experience with gRPC framework and Protocol Buffers for efficient inter-service communication
Knowledge of distributed caching technologies and implementations (Redis, Hazelcast)
Familiarity with message queue systems and event-driven architecture patterns (Azure Service Bus, Apache Kafka)
Experience with performance optimization techniques and profiling tools for identifying and resolving bottlenecks
Understanding of CI/CD pipeline concepts and tools (Azure DevOps, Jenkins, or similar platforms)
Working knowledge of Kubernetes and cloud-native application development principles
Proficiency in Python for scripting, automation, or data analysis tasks
Exposure to financial services technology or investment analytics platforms
Basic understanding of financial metrics such as IRR, returns calculations, or asset valuations
Demonstrated ability to comprehend complex business logic and translate requirements into effective technical implementations
Prior experience in FinTech, asset management, or financial services organizations is beneficial though not required
Professional Competencies
Communication & Collaboration: Articulate technical concepts effectively to diverse audiences; work productively in cross-functional teams; commit to clear documentation and knowledge sharing
Problem-Solving: Decompose complex problems analytically; evaluate trade-offs pragmatically; continuously learn and stay current with technology trends
Quality & Ownership: Maintain meticulous attention to detail in financial calculations; take end-to-end responsibility; write clean, maintainable, well-tested code
Adaptability: Thrive in dynamic environments with evolving priorities; seek constructive feedback; demonstrate resilience and intellectual curiosity
BlackRock Values: Recognize fiduciary responsibility; collaborate across boundaries; commit to excellence; uphold integrity and data privacy; value diverse perspectives
Technical Environment
Languages & Frameworks: Java 17, Spring Boot 3.5, Protocol Buffers
Communication: gRPC, REST APIs
Build Tools: Maven 3.6+
Testing: JUnit 5, Mockito, Maven Surefire
Containerization: Docker, Kubernetes
Cloud: Azure (Azure DevOps, Azure Service Bus, Application Insights)
Caching: Redis, In-Memory Caching
Version Control: Git
CI/CD: Azure DevOps Pipelines
Libraries: Proprietary financial calculation libraries, Apache Commons, Google Guava
Monitoring: Application Insights, Azure Monitor
Team & Development
Work within a cross-functional agile team including Software Engineers, QA Engineers, Product Managers, Scrum Masters, Quantitative Analysts, DevOps Engineers, and UX Designers.
Professional Development: Structured mentorship with senior engineers, technical training and certifications, domain expertise development, leadership skill building, and defined career progression from Associate to Senior to Principal/Lead Engineer roles.
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.
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, race, religion, sex, sexual orientation and other protected characteristics at law.