Associate, Fixed Income Securities Lending Trader, BlackRock Global Markets (BGM)
About the role
What team will you be on?
Our trading team generates alpha for clients across; scientific, fundamental and index products. We partner with portfolio managers to optimize returns through a variety of trade types. BlackRock is a pioneer of using quantitative techniques and sophisticated models to improve the performance of its Securities Lending business.
Why is your role important?
We are actively seeking an outstanding teammate to join our US Fixed Income Trading team within Securities Lending based in New York. With a focus on innovative technology and imbedded research, our investment management approach to lending provides superior performance for our clients and is an important part of the BlackRock brand. In this fast paced and dynamic environment, BlackRock is a pioneer of using quantitative techniques and sophisticated models combined with fundamental insights from traders to increase the performance of its Securities Lending business. We will look to you to actively contribute to continued development.
Responsibilities
- Actively trade and optimize BlackRock's US Fixed Income securities lending book for clients. You will be directly responsible for revenue generation and active performance management.
- Actively build and implement trading strategies based on analysis of companies, sectors, and market variables. You will deliver market leading returns in a risk aware and controlled manner.
- Be an excellent internal and external partner! You will develop, lead and build on internal & financing market relationships.
- Build and lead partnerships with internal teams, including our global trading team to help drive efficiencies to improve revenue, performance and mitigate risks.
- Be responsible for day-to-day administrative issues in support of trading activities and liaise with trading operations.
- Work with internal Quant-Algo Trading and Research and Innovation groups to innovate systems, trading analytics, and coordinate implementation.
- Manage risk with strong attention to even the smallest details.
Requirements
- An outstanding teammate! An excellent communicator with first class relationship management skills is a given.
- 2+ years of prior experience in Fixed Income / Securities Lending / Financing markets / Repo is preferred.
- Proficiency with Excel and experience in one or more of; SQL, Python, VBA, Business Objects is strongly preferred.
Qualifications
- Strong analytical and problem-solving skills.
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills.
- Knowledge of fixed income markets and securities lending principles.
- Experience with financial modeling and analysis tools.
Skills
- Excel proficiency
- SQL, Python, VBA, Business Objects
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.
Pay
Details on pay are not specified in the job posting.
Schedule
Details on schedule are not specified in the job posting.
Company Information
BlackRock is a pioneer of using quantitative techniques and sophisticated models to improve the performance of its Securities Lending business. We are dedicated to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. We are committed to helping you build an extraordinary career at the firm and to supporting your vertical growth along corporate titles, as well as expanding your horizons across the firm.