Prime Brokerage Financing Associate Prime Brokerage Financing Associate …

BlackRock
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
BlackRock
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Prime Brokerage Financing Associate
Description

About this role

What team will you be on?

The Prime Brokerage Financing ['PBF'] team supports the firm's levered and alternative products through active oversight across prime brokerage, derivatives and other related financing strategies; managing the cost of borrowing and overall portfolio financing.

Why is your role important?
PBF is significantly involved in activities such as equity and fixed income financing, PB relationship management, counterparty and liquidity risk management, and trading/financing documentation reviews. BlackRock is seeking a Financing Associate-level candidate.

What will you be doing?

  • Monitor and negotiate financing rates across multiple counterparties ensuring optimal rates for the lifecycle of trades.

  • Work with multiple investment teams to source financing liquidity across a broad array of investment strategies.

  • Continuously build upon and improve scalable processes that enable efficient oversight of financing activities.

  • Partner with investment teams on the oversight of collateral usage and excess liquidity for Hedge/Levered funds.

  • Represent BlackRock's interests in frequent interaction with Prime Brokerage Financing counterparties.

  • Understanding of how to optimize different trading strategies by looking at portfolio financing, cash management and margin optimization.


What are we looking for?

  • 3-5 years of experience in Hedge Fund financing or Equity Financing.

  • Experience with equity derivatives (swaps, futures), stock borrow and lending.

  • Experience in equity financing: understanding pricing of single stocks and baskets, outperformance trades.

  • Ability to be a self-starter, work independently and proven record in problem solving.

  • Strong relationship management and interpersonal skills.

  • Excellent organizational and problem-solving skills, be able to manage and prioritize a wide variety of concurrent and competing projects.

  • Willingness to self-learn Python, C++, Java languages


Our benefits

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.
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