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

Equity Trading

Equity Derivatives

Options Trading

Futures

ETFs

Best Execution

Data Analysis

Trading Reports

Risk Management

Market Monitoring

Trading Operations

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

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