Vice President, High Yield Credit Trader (San Francisco)

San Francisco, USA
Not Specified
Jul 31, 2019
Aug 27, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About this role

Vice President, High Yield Credit Trader

San Francisco

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. BlackRock offers a range of solutions - from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

BlackRock's Fixed Income team manages more than $1 trillion in global fixed income assets across index, active long-only, alternative, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest arrays of investment choices across model-based and fundamental investment styles.

The High Yield Credit Trading Team is seeking a Credit Trader for its global investment activities in San Francisco. The candidate will be responsible for trading both cash, loans, and derivative credit products and report directly to the San Francisco Head of HY Credit Trading. He or she will work directly with credit PMs and analysts to develop and implement investment views for specific sectors in High Yield. The person will assist in growing the Fixed Income ETF platform (iShares®) through best execution and idea generation. Successful management of the sectors will involve trading one of the largest credit books in the world and influencing the investment direction of the Systematic Fixed Income, Global Fixed Income, Index and iShares® Fixed Income platforms.

  • Efficient execution of USD trading strategies for active long only, ETF, hedge fund and index trading strategies for North America and International PM teams
  • Actively contribute to development of platform infrastructure and analytics to improve trading efficiency and operational risk reduction (e.g. electronic platforms, new protocols, straight thru processing, basket trading)
  • Be aware of general market sentiment as well as develop independent views that are anticipatory of the market
  • Lead discussions and communicate market technicals and sector specific views to portfolio managers within model based fixed income and the global fixed income investment platform of BlackRock
  • Generate alpha and relative value ideas that are scalable and relevant to each portfolio team
  • Embrace the Blackrock Principles and be a culture carrier of the North American Trading team

  • Minimum three years of fixed income trading experience
  • MBA or CFA preferred
  • Direct experience trading corporate credit
  • Knowledge of a broad range of fixed income asset classes and products. Experience with HY credit, loans, and credit derivatives preferred
  • Ability to structure and evaluate relative value trades across the capital structure
  • Track record of interfacing with the Street and selecting best execution counterparties
  • Must be adaptable and comfortable working in an entrepreneurial environment
  • Strong intellectual capacity and analytical mindset
  • Highly motivated; self-starter

BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer-M/F/D/V.

About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of March 31, 2019, the firm managed approximately $6.52 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit @blackrock | Blog: .

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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.
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.