Credit Trader, Vice President

About this role

BlackRock Global Markets group (BGM) was created to advance our investment processes and platform architecture, and ensure we most efficiently engage with other market participants in a collaborative, strategic way. Within BGM, BlackRock’s Trading organization operates with the goals of enhancing trading standards across asset classes, streamlining, and leveraging counter-party relationships, attracting, and retaining top trading talent in the industry, and developing a One BlackRock culture around trading activities. Partnering with portfolio management and regional leadership teams, Trading strives to deliver benefits of scale, enhance processes and transparency, improve trading performance, and drive innovation to provide tangible benefits to our clients, investment professionals, and shareholders.

The Trading team is seeking a Credit Trader for its investment activities in San Francisco. The candidate will trade HY bonds, loans, and derivative credit products and report directly to the San Francisco Head of Credit Trading. The candidate will work directly with all members of the broader BlackRock Credit Trading team to refine existing and develop new trading processes to help increase efficiency and unlock smarter pathways to additional liquidity.  He or she will work directly with credit PMs and analysts to develop and implement investment views for specific sectors in HY. The person will assist in growing the Fixed Income ETF platform (iShares®) through best execution, liquidity provisioning, and idea generation. Successful management of the sectors will involve trading one of the largest credit books in the world and influencing the investment direction of the Systematic Fixed Income, Global Fixed Income, and iShares® Fixed Income platforms.

Responsibilities:

• Efficient execution for active, long only, ETF, hedge fund, and index trading strategies for North American and International PM teams

• Actively develop platform infrastructure and analytics to improve trading efficiency and reduce operational risk

• Be aware of general market sentiment and develop independent views that are anticipatory of the market

• Lead discussions and communicate market technicals and sector specific views to portfolio managers

• Generate alpha and relative value ideas that are scalable and relevant to each portfolio team

• Refine & create new reporting formats that drive informational advantages in the trading space

• Participate in Aladdin development for innovative trading solutions

• Embrace and be a carrier of the BlackRock Principles

Qualifications:

• 6+ years of credit trading experience preferred

• Creative problem-solving ability

• Experience in python, VBA, Bloomberg API, and excel preferred

• Ideally, working knowledge of Aladdin, Bloomberg, MKTX, TWEB, other trading platforms

• Must be adaptable and comfortable working in an entrepreneurial environment

• Strong intellectual capacity and analytical mindset

• Genuine interest in investments and asset management

• Excellent oral and written communication skills

• Highly motivated; self-starter

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 [email protected]. 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.