FX Trader, Vice President
Description About this role What team will you be on?
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. Why is your role important?
Foreign Exchange is over $5 trillion a day market, that can have an impact on all major asset classes in the investment arena. BlackRock manages various mandates that will facilitate currency transactions including: Covering asset transactions and repatriation of income, hedging, currency overlay and active currency management.
The FX Trading team within Global Trading is seeking an FX trader to support investment activities in New York. The successful candidate will be able to demonstrate the ability to interact effectively with other traders and portfolio managers, multiple internal groups, and the sell-side, in order to provide best execution, maintenance, and market flow information for investment activities in FX markets. What will you be doing?
What are we looking for?
Work closely with other FX traders to provide best execution across a range of FX instruments, including spot, forwards, options, and cross currency swaps for all BlackRock internal businesses
Provide insight into market activity and disseminate market intelligence and flow information to portfolio management teams
Work both independently and with other BlackRock teams to develop technology to improve work flow and analysis across the trading platform
Dealing with day-to-day administrative issues in support of trading activities and liaison with trading operations
Pro-actively contribute to the investment process to reduce transaction costs.
Degree(s) in relevant subject such as economics, mathematics, or finance desired
Proven interest in global capital markets, specifically with reference to Foreign Exchange markets
Strong quantitative and analytical skills, attention to detail, and a sense of urgency are vital
Effective communication skills and proven ability to work with multiple partners and stakeholders
Highly computer literate, with advanced spreadsheet based skills, and programming knowledge a benefit
Strong work ethic with high level of self-motivation
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.
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.