What are the responsibilities and job description for the Electronic Trading Strategist, Vice President position at BlackRock?
About this role
What team will you be on?
Securities Lending generate 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 performance of its Securities Lending business and is a global leader in this industry.
Why is your role important?
We are seeking an electronic trading strategist to join the Securities Lending Electronic Trading team in the New York office. Our team is responsible for the eTrading platform design, including data enrichment, quantitative research, trading algorithm development and platform development. Success in this role will require strong analytical and quantitative skills, evidenced by an advanced degree and experience in quantitative research. In addition, the candidate should possess the ability to collaborate effectively with a global team of traders, researchers and technologists, both within the Lending team and across the wider BlackRock community, and should possess strong communication skills.
Responsibilities
Lead ongoing development and enhancement of our electronic trading capabilities, working both on infrastructure and quantitative research projects
Monitor our electronic platform performance, and act as the primary line of defense/troubleshooter
Develop trading signals to improve systematic trading strategies and build metrics to evaluate trading performance
Improve the current suite of securities lending models and create proprietary models
Calibrate pricing and allocation algorithms in e-trading platform
Conduct data enrichment projects to explore alternative datasets and contribute new insights to alpha and investment research
Work closely with business stakeholders and technologists to improve the electronic trading system design and to deploy new models into production
Build close ties with traders, investors, risk managers and quant research teams across BlackRock
Skills/Knowledge
Bachelor’s degree is required, and Master’s degree or higher in a quantitative discipline is preferred
Experience in e-trading or working with electronic venues highly desirable
Strong technical skillset with an understanding of statistical and machine learning techniques is required
Experience in working with large datasets is crucial
Programming skills required (Python or similar languages preferred)
Strong written and verbal communication skills required
High motivation to acquire new skills on the job
Strong sense of teamwork, contribute to and foster a culture of teamwork and knowledge sharing
Professional and respectful work ethic
Our 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.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
