Associate, Securities Lending Trading, BlackRock Global Markets (BGM) Job at BlackRock, New York, NY

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  • BlackRock
  • New York, NY

Job Description

Americas Equity Trading Team Member

Our trading team generates alpha for clients across scientific, fundamental and index products. We partner with portfolio managers to optimize returns through a variety of trade types. BlackRock is a pioneer of using quantitative techniques and sophisticated models to improve the performance of its Securities Lending business.

We are actively seeking an outstanding teammate to join our Americas Equity Trading team within Securities Lending based in New York. With a focus on innovative technology and embedded research, our investment management approach to lending provides superior performance for our clients and is an important part of the BlackRock brand. In this fast paced and dynamic environment, BlackRock is a pioneer of using quantitative techniques and sophisticated models combined with fundamental insights from traders to increase the performance of its Securities Lending business. We will look to you to actively contribute to continued development.

Our traders implement a critical role in relation to alpha generation and cost minimization for scientific, fundamental and index products. We partner with portfolio managers to optimize returns through a variety of trade types. Traders represent the firm for a selective group of markets or asset classes. They are the primary owner of BlackRock's work with premier prime brokerage firms and counterparties and offer the best-in-class securities finance product in the market today.

What will you be doing?

  1. Actively trade and optimize BlackRock's US and International Equity securities lending book for clients. You will be directly responsible for revenue generation and active performance management.
  2. Actively build and implement trading strategies based on analysis of companies, sectors, and market variables. You will deliver market leading returns in a risk aware and controlled manner.
  3. Be an excellent internal and external partner! You will develop, lead and build on internal & financing market relationships.
  4. Build and lead partnerships with internal teams, including our global trading team to help drive efficiencies to improve revenue, performance and mitigate risks.
  5. Be responsible for day-to-day administrative issues in support of trading activities and liaise with trading operations.
  6. Work with internal Quant-Algo Trading and Research and Innovation groups to innovate systems, trading analytics, and coordinate implementation.
  7. Manage risk with strong attention to even the smallest details.

Who are we looking for?

  • An outstanding teammate! An excellent communicator with first class relationship management skills is a given. You are also self-motivated, with a strong work ethic and positive team orientated outlook.
  • 2+ years of prior experience in Equities / Securities Lending / Financing markets / Delta One Strategies is preferred.
  • Proficiency with Excel and experience in one or more of; SQL, Python, VBA, Business Objects is strongly preferred.

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 healthcare, 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.

BlackRock

Job Tags

Apprenticeship, Work at office, Work from home, Flexible hours, 1 day per week

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