Equity / Derivatives Trader, Vice President at BlackRock

San Francisco, California, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial ServicesIndustries

Requirements

BA/BS or higher degree(s)
5-7 years of relevant equity or equity derivatives trading experience
Comprehensive understanding of liquidity and microstructure of equity markets
Extensive experience using electronic/algorithmic execution tools
Strong understanding of concepts in portfolio-/risk management
Demonstrated proficiency with technology across trading systems/platforms (FlexTrader, TradeWeb, and BBG experience preferred)
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
Data analysis or financial coding skills preferred (Python, R, SQL, etc.)

Responsibilities

Seek to provide Best Execution across a range of equity and equity derivatives products (futures, ETFs, TRS, convertible bonds) for BlackRock’s internal businesses
Manage orders and trading workflow in a risk-controlled manner as a fiduciary
Monitor market activity in areas of specialization and provide feedback to portfolio managers and internal partner groups
Support investment teams with market color, information flow, and data analysis requests
Oversee day-to-day tasks in support of trading activities and as a liaison with trading operations
Proactively contribute to improving investment processes to reduce transaction costs and to identify outperformance opportunities
Partner 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
Actively participate in internal and external speaking engagements, showcasing expertise in markets, products, and representing BlackRock’s institutional strengths

Skills

Equity Trading

Derivatives Trading

Futures

ETFs

TRS

Convertible Bonds

Best Execution

Risk Management

Market Monitoring

Data Analysis

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.

Land your dream remote job 3x faster with AI

Try Jobo Free