Electronic Trading Strategist, Vice President

New York, USA
Aug 12, 2022
Aug 28, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

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.

  • 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

  • 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.

Similar jobs

Similar jobs

  • You need to sign in to save