Vice President

BlackRock•New York, NY

2d•$182,000 - $215,000•Hybrid

About The Position

BlackRock Financial Management, Inc. is hiring a Vice President in New York, NY. The role delivers efficiency to BlackRock funds by developing and executing strategies to optimize margin and capital costs and, where appropriate, expand access to new products. It involves maintaining relationships with central counterparties (CCPs) and clearing brokers, overseeing cleared-swap workflows, supporting trading teams, and keeping internal stakeholders informed about developments in derivatives clearing and market structure. The Vice President also monitors fixed-income trading workflows, regulatory requirements, industry trends, and new market functionality. The role participates in industry working groups, supports advocacy with policymakers, partners with the public policy team on responses to proposed regulations, and designs and guides delivery of internal trading solutions and projects required by regulatory changes. The position is based at 50 Hudson Yards, New York, NY 10001, under BlackRock’s hybrid work model. Employees are currently required to work in the office at least four days per week, with the option to work from home one day per week. For New York, the listed salary range is $182,000–$215,000, with eligibility for an annual discretionary bonus and benefits.

Requirements

Master’s degree in Analytics, Finance, Applied Accounting, Business Administration, or a related field, plus three years of experience in the job offered or as an Associate, Quantitative Financial Analyst, Investment Banking Analyst, or related role; alternatively, a bachelor’s degree in one of those fields plus five years of such experience.
Three years of experience with financial markets and regulatory frameworks across asset classes, including fixed income, derivative markets, and equity.
Three years of experience conducting quantitative financial analysis on Aladdin Trading Data for regulatory purposes using SQL and Python.
Three years of experience with trading workflows and technologies, including Aladdin infrastructure across fixed income, derivative markets, and equity.
One year of experience managing projects for product development to strengthen regulatory risk controls in fixed income, equity, and derivative markets.
One year of experience managing databases to tailor Aladdin trading data for specific use cases.
Strong knowledge of cleared derivatives products, clearinghouse workflows, margin and risk management, and clearing-broker business models.
Strong knowledge of fixed-income trading workflows and regulatory requirements, including SEF and MTF rules.
Strong organizational skills for partnering with internal teams to implement trading venues and functionality.

Responsibilities

Develop and execute strategies to optimize margin and capital costs for BlackRock funds and expand access to new products where appropriate.
Maintain relationships with CCPs and clearing brokers, coordinate business allocation decisions, and evaluate new providers.
Monitor relevant industry developments through industry connections and expertise in clearing workflows.
Educate internal BlackRock stakeholders about developments such as extended-hours trading and single-stock futures.
Provide ongoing oversight and support to trading teams for cleared-swap workflows and intraday credit limits.
Partner with internal BlackRock teams to implement new trading venues and market functionalities.
Monitor fixed-income trading workflows, regulatory requirements, industry trends, new entrants, and new functionality.
Participate in industry working groups and help shape advocacy with policymakers on relevant market-structure issues.
Identify issues most relevant to BlackRock as a buy-side participant.
Partner with the public policy team to develop comment letters and responses to proposed regulations affecting trading or liquidity.
Design and guide delivery of internal trading solutions and projects required by regulatory changes, collaborating with BlackRock stakeholders.