Credit Trader, Vice President

BlackRock • San Francisco, CA

2d • $155,000 - $210,000 • Hybrid

About The Position

BlackRock Global Markets group (BGM) was created to advance our investment processes and platform architecture, and ensure we most efficiently engage with other market participants in a collaborative, strategic way. Within BGM, BlackRock’s Trading organization operates with the goals of enhancing trading standards across asset classes, streamlining, and leveraging counter-party relationships, attracting, and retaining top trading talent in the industry, and developing a One BlackRock culture around trading activities. Partnering with portfolio management and regional leadership teams, Trading strives to deliver benefits of scale, enhance processes and transparency, improve trading performance, and drive innovation to provide tangible benefits to our clients, investment professionals, and shareholders. The Trading team is seeking a Credit Trader for its investment activities in San Francisco. The candidate will trade HY bonds, loans, and derivative credit products and report directly to the San Francisco Head of Credit Trading. The candidate will work directly with all members of the broader BlackRock Credit Trading team to refine existing and develop new trading processes to help increase efficiency and unlock smarter pathways to additional liquidity. He or she will work directly with credit PMs and analysts to develop and implement investment views for specific sectors in HY. The person will assist in growing the Fixed Income ETF platform (iShares®) through best execution, liquidity provisioning, and idea generation. Successful management of the sectors will involve trading one of the largest credit books in the world and influencing the investment direction of the Systematic Fixed Income, Global Fixed Income, and iShares® Fixed Income platforms.

Requirements

• 6+ years of credit trading experience preferred
• Creative problem-solving ability
• Ideally, working knowledge of Aladdin, Bloomberg, MKTX, TWEB, other trading platforms
• Must be adaptable and comfortable working in an entrepreneurial environment
• Strong intellectual capacity and analytical mindset
• Genuine interest in investments and asset management
• Excellent oral and written communication skills
• Highly motivated; self-starter

Nice To Haves

• Experience in python, VBA, Bloomberg API, and excel preferred

Responsibilities

• Efficient execution for active, long only, ETF, hedge fund, and index trading strategies for North American and International PM teams
• Actively develop platform infrastructure and analytics to improve trading efficiency and reduce operational risk
• Be aware of general market sentiment and develop independent views that are anticipatory of the market
• Lead discussions and communicate market technicals and sector specific views to portfolio managers
• Generate alpha and relative value ideas that are scalable and relevant to each portfolio team
• Refine & create new reporting formats that drive informational advantages in the trading space
• Participate in Aladdin development for innovative trading solutions
• Embrace and be a carrier of the BlackRock Principles

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
• Flexible Time Off (FTO)
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed