About this role

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.

Job Purpose/Background:

The Fixed Income Trading Team in New York is seeking a trader to primarily cover North American interest rates and derivative trading. The successful candidate will be able to demonstrate the ability to interact effectively with both internal and external partners to provide best execution and market flow information for investment activities in interest rate markets. Fundamental knowledge of the North American Rates market and familiarity with the recent regulatory environment in derivative markets are preferred.

Key Responsibilities:

Work closely with fellow team members to provide best execution in core rates and derivative markets for Fixed Income PM teams
Primarily support order workflow and execution of instruments covering interest rate swaps (SOFR, Libor, OIS), swaptions, futures and options on futures across G4 markets
Provide effective execution of structured derivative (‘package’) trades for maintenance and hedging needs, as well as to gain exposure to duration, curve, spreads, and volatility
Provide insight into market activity and disseminate market intelligence and flow information, engaging with the sell-side and providing input on counterparty relationships
Work both independently and with other BlackRock teams to develop technology to enhance workflow and analysis across the derivatives platform

Qualifications:

Experience with fixed income cash and/or derivatives
Fundamental competence with basic fixed income concepts (CFA is preferred)
Strong quantitative skills, attention to detail, and a sense of urgency are vital
Programming and scripting skills are preferred
Demonstrate the ability to prioritize demands in a high volume, high pressure business
Ability to work in entrepreneurial environment and to be a motivated and adaptable self-starter
Excellent communication skills are a must
Series 7 and 63 are highly desired

For New York City only: The salary range for this position is $156,750 - $205,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. 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 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.

Rates Derivatives Trader, Vice President