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PACE (Private Asset Calculation Engine) is BlackRock's strategic analytics engine powering alternative investments performance and risk analytics across eFront tools. Built on a Java/Spring Boot microservices architecture with gRPC communication, PACE processes billions in fund performance data, IRR/TWR calculations, and risk metrics for private equity, real estate, infrastructure, and private credit portfolios. The platform consists of multiple interconnected services including Fund, Asset, Portfolio, Transaction, Benchmarking, ESG, and Holding services—each responsible for specific calculation domains while maintaining consistency through shared libraries and Protocol Buffer contracts.
Job Responsibility:
Technical Leadership (35%) – Define platform architecture, lead calculation engine direction (IRR/TWR/NPV), drive gRPC API design, champion engineering best practices
Team Leadership (30%) – Build and mentor engineering team, conduct performance reviews, recruit talent, foster technical excellence culture
Delivery (20%) – Ensure timely delivery, manage production operations, drive >90% test coverage for critical paths, balance tech debt vs features
Stakeholder Management (15%) – Partner with Product, communicate to senior leadership, build relationships with Portfolio Managers and Fund Analysts
Requirements:
5–10+ years Java software engineering experience
5+ years in technical leadership roles
3+ years leading teams of 5+ engineers
Track record delivering large-scale distributed systems
Background in financial services technology (alternative investments preferred)