Note:  This is from the website.  It's also known as the "System Products Group."

Investment Products Group

The Investment Products Group develops the Aladdin® trading and risk management system, which is used both internally at BlackRock, and by BlackRock Solutions customers to manage in excess of $5 trillion in financial assets. The Product Group uses the latest technologies to design and develop applications that make up the firm’s investment management platform. The systems support the full lifecycle of the investment management process, from quantitative risk management to order entry, trade routing and settlement.

Technologies used include sophisticated web services, Java applications, and C++ servers, tied together over a real-time messaging system and connected to a large and highly complex database. Analysts join small teams that develop specific parts of the firm’s investment management platform, working closely with senior developers and managers, and are expected to become intimately familiar with the financial products and investment management business, regardless of whether their focus is software development or business analysis.

Career paths from the Analyst program include continued hands-on technical and product work as a Senior Developer or Senior Business Analyst, as well as management, architecture, and opportunities to transition to entirely different roles within the organization. Unlike many larger organizations, BlackRock highly values hands-on technical and business work and employees who are interested in a career where they can continue to make individual contributions as they advance will find many exciting challenges in this group.