Electronic Trading Analyst / Programmer recruitment
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.
Business Unit Overview: As one of the largest asset managers, Blackrock is a top-three holder in every security, resulting in the need to be extremely careful around how it enters and exits investments so as not to move the market or erode its alpha signals. Blackrock’s answer to this problem is its unique Electronic Trading team and its implementation of electronic trading strategies. We use a highly customized version of a third party vendor product called FlexTrader to implement trading signals and strategies for the equity and currency trading teams. This is a high profile group where we are in a position to directly impact the performance of our funds by providing tools for traders to make intelligent decisions on trade timing and strategy. Working market hours and sitting on the trading floor, Electronic Trading members are very close to the excitement of the markets.
We are seeking a new member to join the Electronic Trading team to not only help us support and enhance our electronic trading application, but also to continue to develop innovative tools for our traders. We are looking to expand across additional asset classes as well as expanding the depth of our analytics, to implement automatic trading algorithms using real time statistics on trading signals. The job requires a strong technical background as well as a basic understanding of financial markets.
Key Responsibilities:
- Support and development of our real time electronic trading application for equities, futures, and FX
- Provide support of all broker FIX connections. Work with brokers and vendors to set up new connections and/or enhance current connectivity. Work with traders to determine connection specifications
- Work on the migration of the electronic trading platform to the core Blackrock OMS
- Work with equity traders to design, develop, and integrate trading analytics into the electronic trading platform
- Design and implement real time trading tools to assist traders
- Implementation of automated trading strategies to be used in the electronic trading application
- Collaborate with members in other offices to work jointly on trading solutions that can be utilized globally
- Increase market knowledge to be able to provide creative ideas to help traders gain an edge in trading
Skills / Qualifications:
- Degree qualified or equivalent experience
- Substantial experience with application programming in either Java/C++/C
- Strong knowledge in UNIX, Perl, Shell Scripting, and databases
- Work experience in the financial industry supporting production applications
- Knowledge of FIX protocol desirable
- Basic understanding of financial markets for FX, Equities, Futures
- Excellent analytical and problem solving skills coupled with a strong attention to detail
- Good communication skills and the ability to work effectively and adapt quickly in a rapidly changing environment
- Be able to react quickly to problems and take initiative in solving them
- Work well as part of a global team