Equity / Derivatives Trader, Vice President

About This Role

Business Unit Overview

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. The Global Trading business executes trades on behalf of all portfolio management teams at the firm. The team is organized along regions and asset classes, providing the best service to our investment teams, and achieving optimal outcomes for our clients. We believe BlackRock’s size and scale serves as a distinct advantage, uniquely positioning us to access liquidity and deliver consistently strong execution. 

About This Role

This role will be based on the San Francisco Equity Trading desk. 

The Equity Trading team in San Francisco is part of the Global Trading group within BlackRock Global Markets (BGM) and is responsible for executing equity and equity derivative orders in the Americas. This includes substantial volumes of cash equities, CFDs, listed and OTC derivatives.   
 
The team supports a range of internal investment teams and products, including index funds, iShares, systematic active, and transition management. Members of the team collaborate with BlackRock portfolio managers, strategists, researchers, and other stakeholders to formulate trade strategies, deliver platform solutions and execution. 

Your Responsibilities:

• Seek to provide Best Execution across a range of equity and equity derivatives products (futures, ETFs, TRS, convertible bonds) for BlackRock’s internal businesses 
• Manage orders and trading workflow in a risk-controlled manner as a fiduciary 
• Monitor market activity in areas of specialization and provide feedback to portfolio managers and internal partner groups 
• Support investment teams with market color, information flow, and data analysis requests 
• Oversee day-to-day tasks in support of trading activities and as a liaison with trading operations 
• Proactively contribute to improving investment processes to reduce transaction costs and to identify outperformance opportunities 
• Partner with internal eTrading and Trading Research groups to innovate systems, trading analytics, and coordinate implementation 
• Develop and maintain essential external relationships as required for Best Execution Actively participate in internal and external speaking engagements, showcasing expertise in markets, products, and representing BlackRock’s institutional strengths 

Qualifications:

• BA/BS or higher degree(s)  
• 5-7 years of relevant equity or equity derivatives trading experience 
• Comprehensive understanding of liquidity and microstructure of equity markets 
• Extensive experience using electronic/algorithmic execution tools 
• Strong understanding of concepts in portfolio-/risk management 
• Demonstrated proficiency with technology across trading systems/platforms (FlexTrader, TradeWeb, and BBG experience preferred) 
• Effective communication skills and demonstrated ability to work with multiple partners and stakeholders 
• Analytical and creative approach to solving complex problems 
• Well organized, disciplined approach to work with a high level of attention to detail 
• Willingness to learn and trade new asset classes and trading strategies 
• Strong work ethic with high degree of self-motivation 
• Data analysis or financial coding skills preferred (Python, R, SQL, etc.) 

For San Francisco, CA Only the salary range for this position is USD$155,000.00 - USD$210,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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 @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

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.