Derivatives Trader recruitment
Blackrock trading seeks a trader to become a member of a team trading for an industry leading global macro fund and client solutions group to be located in San Francisco. The position will involve trading daily flows for several internal clients as well as providing feedback on market conditions, trade opportunities and other relevant investment information.
Responsibilities
- Trade multiple asset class derivatives (commodities, equities, rates, EM, etc.)
- Continually monitor axes in order to reduce fund backlogs
- Book OTC trades and interact with middle office groups, see listed derivatives through to clearing
- Stay up to date with exchange/OTC product offerings in order to assist in optimal instrument selection
- Provide guidance on optimal hedging strategies using options and other non-linear instruments
- Monitor term structure/skew dislocations and present appropriate opportunities to relevant investment teams
- Participate in relevant investment and research meetings
- Hold monthly trading review meetings
Qualifications
- Minimum Bachelor's degree in Finance, Economics, or Mathematics/statistics
- 1-3 years trading experience
- Strong communication skills and the ability to take ownership of results. Ability to work effectively with internal clients
- Thrives in a high-pressure environment
- Outstanding analytical, organizational and multi-tasking skills
- Experience using algorithms/DMA and knowledge of market microstructure
- Availability for extended hours
- Willingness and drive to learn about and trade new asset classes
BlackRock is proud to be an E-Verify Equal Opportunity/Affirmative Action Employer--M/F/D/V.
Skills
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.