Associate, ETF Capital Markets

BlackRock•New York, NY

8d•$128,000 - $155,000•Hybrid

About The Position

This role involves overseeing the secondary market trading of over 450 BlackRock-issued ETFs across various asset classes. The primary focus is on evaluating liquidity, spreads, volumes, execution quality, and premium/discount behavior to ensure efficient ETF trading and maintain market integrity. The position also requires identifying, assessing, and modeling potential trading-related risk scenarios, such as abnormal premium/discount behavior, market dislocations, liquidity stress, and structural inefficiencies, utilizing both historical and real-time market data. A key aspect of the role is conducting independent quantitative and historical data analysis to detect anomalies, trends, and emerging risks, and to determine when market behavior warrants escalation or further investigation. The Associate will apply quantitative analysis to influence business decisions concerning ETF trading oversight, product governance, and risk management. Furthermore, the role involves communicating analytical findings, risk assessments, and market insights to senior stakeholders and cross-functional partners, including trading, product, risk, and business leadership. This position leads the data and analytics pillar within the U.S. ETF Markets team, responsible for defining analytical priorities, frameworks, and innovation initiatives. It also involves leading the application of advanced analytics and AI-based tools to enhance market surveillance, anomaly detection, and risk identification across ETF trading activities. Collaboration with market structure leaders and internal stakeholders is crucial for evaluating exchange, regulatory, and trading-venue dynamics, and for developing and advocating for initiatives that promote a more investor-friendly, efficient, and lower-friction ETF trading ecosystem. The role requires exercising independent professional judgment in assessing ETF trading risks, determining the materiality of market events, and shaping analytical recommendations related to trading behavior and market quality.

Requirements

Bachelor’s degree in Computational Finance, Economics, Business Administration, or a related field
Two (2) years of experience in the job offered or as an Analyst or related role
Two (2) years of experience with Industry research and analysis, including synthesizing market data, trends, and competitive insights
Two (2) years of experience with Data-driven decision-making, leveraging industry datasets and internal metrics
Two (2) years of experience with Project management across internal and external stakeholders
Two (2) years of experience with Cross-functional collaboration across product, investment, risk, and distribution teams
Two (2) years of experience with Data synthesis tools including Excel, Power BI, and analytics platforms
Two (2) years of experience with Streamlining processes using Python and SQL
Two (2) years of experience Promoting efficient ETF trading and differentiating BlackRock ETFs from competitor funds and other investment vehicles
Two (2) years of experience Conducting quantitative data analysis to facilitate business decision making and building data sets to produce insights for management, sales teams, and clients.

Responsibilities

Oversee the secondary market trading of 450+ BlackRock-issued ETFs across asset classes, evaluating liquidity, spreads, volumes, execution quality, and premium/discount behavior to support efficient ETF trading and market integrity.
Identify, assess, and model potential trading-related risk scenarios, including abnormal premium/discount behavior, market dislocations, liquidity stress, and structural inefficiencies, using historical and real-time market data.
Conduct independent quantitative and historical data analysis to detect anomalies, trends, and emerging risks, and determine when observed market behavior warrants escalation, remediation, or further investigation.
Apply quantitative analysis to inform and influence business decisions related to ETF trading oversight, product governance, and risk management.
Communicate analytical findings, risk assessments, and market insights to senior stakeholders and cross-functional partners, including trading, product, risk, and business leadership, to support decision-making and operational improvements.
Lead the data and analytics pillar within the U.S. ETF Markets team, defining analytical priorities, frameworks, and innovation initiatives.
Lead the application of advanced analytics and AI-based tools to enhance market surveillance anomaly detection, and risk identification across ETF trading activity.
Collaborate with market structure leaders and internal stakeholders to evaluate exchange, regulatory, and trading-venue dynamics, and to develop and advocate for initiatives that promote a more investor-friendly, efficient, and lower-friction ETF trading ecosystem.
Exercise independent professional judgment in assessing ETF trading risks, determining the materiality of market events, and shaping analytical recommendations related to trading behavior and market quality.