Description About this role
The Global Trading business executes trades on behalf of all portfolio management teams at the firm. The team is organized along regions and asset classes, providing the best service to our investment teams and achieving optimal outcomes for our clients. As the world's largest asset manager, BlackRock traded approximately $16.4 trillion in notional volume in 2020. We believe BlackRock's size and scale serves as a distinct advantage, uniquely positioning us to access liquidity and deliver consistently strong execution. What team will you be on?
The Equity Trading team is part of BlackRock's Global Trading Group and is responsible for executing equity and equity derivatives orders on behalf of internal clients.
Why is your role important?
This role will be based on the San Francisco Equity Trading desk that supports multiple internal investment teams, including Institutional Index and iShares, Systematic Active Equities, and Transition Management. As a trader, you will collaborate with BlackRock Strategists, Portfolio Managers, Researchers, and other key business partners to formulate trade strategies. You will directly engage counterparties to execute orders utilizing a range of tools and tactics.
What will you be doing?
Seek to provide best execution across equity and equity derivatives products including futures, ETFs, swaps, and convertible bonds
Manage equity orders in a risk-controlled manner as a fiduciary and contribute to the investment process to reduce transaction costs and identify outperformance opportunities
Monitor market activity in areas of specialization and provide feedback to portfolio managers and internal partner groups
Support investment teams with market color, information flow, and data analysis requests
Lead all aspects of day-to-day tasks in support of trading activities and liaise with trading operations
What are we looking for?
BA/BS or higher degree(s)
1-3 years of relevant investment or trading related experience
Basic understanding of fundamentals and concepts of portfolio/risk management
Foundational understanding of the liquidity and microstructure of equity markets
Strong analytical ability and data analysis or financial coding skills (Python, R, SQL)
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. About 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.
For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.