Associate, Execution Trading at BlackRock

New York, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial ServicesIndustries

Requirements

BA/BS or higher degree(s) - Economics, mathematics, engineering, physical science preferred, but all majors considered
2-5 years of relevant equity trading experience with equity option and derivatives experience preferred
Data analysis or financial coding skills preferred (Python, R, SQL, etc.)
Basic understanding of fundamentals and concepts of portfolio/risk management
Extensive experience using electronic/algorithmic execution tools
Demonstrated proficiency with trading technology across various trading systems/platforms (FlexTrader and BBG EMSX experience preferred)
Comprehensive understanding of the liquidity and microstructure of equity markets
Effective communication skills and demonstrated ability to work with multiple partners and stakeholders
Analytical and creative approach to solving complex problems
Well organized, disciplined approach to work with a high level of attention to detail
Willingness to learn and trade new asset classes and trading strategies
Strong work ethic with high degree of self-motivation

Responsibilities

Seek to provide Best Execution across a range of equity derivative products (listed and OTC equity options, futures, ETFs, etc.) for all of BlackRock’s internal businesses
Manage equity orders in a logical, risk-controlled manner with a high sensitivity to fiduciary responsibilities
Generate and enhance trading reports that analyze large data sets for Best Execution
Monitor market activity in areas of specialization and provide feedback to portfolio managers
Support investment teams in terms of information flow, trade ideas and data requests
Oversee day-to-day administrative issues in support of trading activities and liaison with trading operations
Pro-actively contribute to the investment process to both reduce transaction costs and identify outperformance opportunities
Work with internal eTrading and Trading Research groups to innovate systems, trading analytics, and coordinate implementation
Develop and maintain essential external relationships as required for Best Execution

Skills

Key technologies and capabilities for this role

Equity TradingEquity DerivativesOptions TradingFuturesETFsBest ExecutionData AnalysisTrading ReportsRisk ManagementMarket MonitoringTrading Operations

Questions & Answers

Common questions about this position

What is the salary for the Associate, Execution Trading role?

This information is not specified in the job description.

Is this a remote position, or where is it located?

This information is not specified in the job description.

What skills are required for this position?

Candidates need 2-5 years of relevant equity trading experience with equity options and derivatives preferred, data analysis or financial coding skills in Python, R, SQL, extensive experience using electronic/algorithmic execution tools, and proficiency with trading technology like FlexTrader and BBG EMSX.

What is the team structure like at BlackRock's Equity Trading?

The Equity Trading team in New York is part of the Global Trading group within BlackRock Global Markets and is responsible for executing equity and equity derivative orders in the Americas, supporting various internal investment teams.

What qualifications make a strong candidate for this role?

A BA/BS or higher degree preferably in Economics, mathematics, engineering, or physical science, combined with 2-5 years of equity trading experience and skills in data analysis or trading platforms, will make a strong candidate.