Fixed Income Trader, Vice President - #1175255

BlackRock Company Description

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.

Overview

The Fixed Income trading team manages execution risk in BlackRock’s cash and derivative trades on behalf of investment teams globally. The trading desk supports a variety of internal portfolio management teams, including Fixed Income, Multi-Asset, Equity, iShares & Indexing, Alternatives, etc., and across investment vehicles such as long only funds, actively managed, passive, hedge funds, ETFs, Index funds, etc.

Key Responsibilities

• Manage the execution of orders and trade flow in a logical and risk-controlled manner with a focus on fiduciary responsibilities
• Provide ‘best execution’ across a range of Fixed Income credit instruments for all BlackRock’s internal businesses
• 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, while enhancing our access to market liquidity
• Work with internal technology and analytics groups for enhancements in systems, analytics and coordinate trading activity
• Ad hoc project work

Skills/Qualifications

• Degree(s) in relevant subject such as economics, mathematics, engineering, physical science. CFA qualification/part qualification would be an advantage
• Understanding of bond mathematics, credit and macro risk factors and implications for risk management
• Effective communication skills and demonstrated the ability to work with multiple partners and stakeholders.
• Enthusiastic and positive approach to market challenges
• Excellent analytical skills applied in a practical environment
• Well organized, disciplined approach to work with a high level of attention to detail
• Highly computer literate, with advanced spreadsheet skills
• Strong work ethic with high level of self-motivation