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BlackRock

Equity / Derivatives Trader, Vice President

BlackRock, San Francisco, California, United States

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BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. The Global Trading business executes trades on behalf of all portfolio management teams at the firm. The team is organized along regions and asset classes, providing the best service to our investment teams, and achieving optimal outcomes for our clients. We believe BlackRock’s size and scale serves as a distinct advantage, uniquely positioning us to access liquidity and deliver consistently strong execution. About this role This role will be based on the San Francisco Equity Trading desk. The Equity Trading team in San Francisco is part of the Global Trading group within BlackRock Global Markets (BGM) and is responsible for executing equity and equity derivative orders in the Americas.This includes substantial volumes of cash equities, CFDs, listed and OTC derivatives. The team supports a range of internal investment teams and products, including index funds, iShares,systematic active, and transition management. Members of the team collaborate with BlackRock portfolio managers, strategists, researchers, and other stakeholders to formulate trade strategies, deliver platform solutions and execution. Your 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 afiduciary • Monitor market activity in areas of specialization and provide feedback to portfolio managers and internal partner groups • Support investment teams withmarket 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 ExecutionActively participate in internal and external speaking engagements, showcasing expertise in markets, products, and representing BlackRock’s institutional strengths Qualifications: • 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.) For San Francisco, CA Only the salary range for this position is USD$155,000.00 - USD$210,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance. 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. BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.