Junior Equity Trader, Trading, Tokyo

Tokyo, Japan
Not Specified
Oct 28, 2019
Nov 01, 2019
Job Function
Foreign Currency
Industry Sector
Finance - General
Employment Type
Full Time
About this role

BlackRock's Trading, Lending & Liquidity Group includes trading, securities lending, transition management, e-trading/market structure, cash management, corporate access and capital markets functions in the region. In 2018, we traded in excess of US$1 trillion.

The Trading, Lending & Liquidity teams have the opportunity to work with a wide variety of clients across both our institutional and retail platform, including many of the largest asset owners around the world, public pension plans, corporate pension plans and other institutional investors. The team, consisting of over 530 professionals globally, offers one of the industry's most comprehensive trading and liquidity platforms. We partner with clients by understanding their objectives, and designing and implementing solutions that deliver the full power of BlackRock.

The Equity Trading team is part BlackRock's Trading, Liquidity and Lending Group and is responsible for executing equity and equity derivative orders in APAC. This includes substantial volumes of cash equities, CFDs, and listed and OTC derivatives. The desk supports a variety of internal investment teams, including Fundamental, Scientific, Global Macro and market neutral hedge funds, long only funds, ETFs, Index funds and Transition Management.

The role is based in Tokyo and will have three main areas of focus 1) equity execution for Japanese based investment teams 2) Participate in FI/FX trading and guide 3) Trading analysis for APAC regions trading

  • Provide 'best execution' across a range of equity instruments for all of Active and Index business in BlackRock Japan
  • Participate in FI/FX trading and guide FI/FX traders to handle equities. Be comfortable with Tokyo traders being multi asset trader.
  • Trading analysis for APAC equity trading team. Partner with trading research teams in other regions to drive initiatives to improve the implementation for all equity traders in APAC
  • Ad hoc client engagement such as trading demo and presentation as required by investment team and client businesses
  • Support trading desk to help manage orders and trade flow in a logical, risk-controlled manner with a high sensitivity to fiduciary responsibilities
  • 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
  • Deal with 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 alpha opportunities
  • Work with internal IT and analytics groups to develop systems, analytics and coordinate trading activity
  • Meet with both local and regional regulatory requirements by partnering with Legal and Compliance teams
  • Ad hoc project work

  • Degree in relevant subject with quantitative content or some experience of conducting empirical research
  • Fluent in both Japanese and English
  • CFA qualification/part qualification would be an advantage
  • 1+ years of relevant trading experience
  • Excellent analytical skills applied in a practical environment
  • Coding skills, preferably in Python or R
  • Some understanding of statistical analysis and modelling but must possess a passion for how these techniques may be applied to improve trading implementation.
  • Some understanding of the liquidity and microstructure of APAC equity markets but a passion to learn
  • Effective communication skills and demonstrated ability to work with multiple partners and stakeholders in HK, Tokyo and globally
  • Open to relocation opportunities, it is expected that the role will lead to mobility within BlackRock for the right candidate
  • Enthusiastic and positive approach to market challenges
  • Well organized, disciplined approach to work with a high level of attention to detail
  • Strong work ethic with high level of self-motivation. Role is working within a larger APAC trading team with most members based in HK.

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, disability, veteran status, and other statuses protected by law.

About BlackRock

BlackRock's purpose is to help more and more people experience financial well-being. 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 June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | 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.