Associate, Securities Lending Trading, BlackRock Global Markets (BGM)
About The Position
About this role What team will you be on? 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. Why is your role important? 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 imbedded 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? 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. 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. Be an excellent internal and external partner! You will develop, lead and build on internal & financing market relationships. Build and lead partnerships with internal teams, including our global trading team to help drive efficiencies to improve revenue, performance and mitigate risks. Be responsible for day-to-day administrative issues in support of trading activities and liaise with trading operations. Work with internal Quant-Algo Trading and Research and Innovation groups to innovate systems, trading analytics, and coordinate implementation. Manage risk with strong attention to even the smallest details.
Requirements
- 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.
Nice To Haves
- 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.
Responsibilities
- 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.
- 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.
- Be an excellent internal and external partner!
- You will develop, lead and build on internal & financing market relationships.
- Build and lead partnerships with internal teams, including our global trading team to help drive efficiencies to improve revenue, performance and mitigate risks.
- Be responsible for day-to-day administrative issues in support of trading activities and liaise with trading operations.
- Work with internal Quant-Algo Trading and Research and Innovation groups to innovate systems, trading analytics, and coordinate implementation.
- Manage risk with strong attention to even the smallest details.
Benefits
- employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
- strong retirement plan
- tuition reimbursement
- comprehensive healthcare
- support for working parents
- Flexible Time Off (FTO)
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
