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BlackRock

Runs investment funds and sells risk software

Vice President

Risk ManagementPosted on Nov 13
Full-timeNew York, NY, USA

About the Job

Requirements

  • A Master's degree in Analytics, Finance, Applied Accounting, Business Administration, or a related field, plus three years of experience in the job offered or as an Associate, Quantitative Financial Analyst, Investment Banking Analyst, or related role; alternatively, a Bachelor's degree in those fields or a related field, plus five years of such experience.
  • Three years of experience with financial markets and regulatory frameworks across asset classes, including fixed income, derivative markets, and equity.
  • Three years of experience conducting quantitative financial analysis on Aladdin Trading Data for regulatory purposes using SQL and Python.
  • Three years of experience with trading workflows and technologies, including Aladdin infrastructure across asset classes in fixed income, derivative markets, and equity.
  • One year of experience with project management for product development to strengthen regulatory risk controls in fixed income, equity, and derivative markets.
  • One year of experience with database management to tailor Aladdin trading data for specific use cases.
  • Strong knowledge of cleared derivatives products, clearinghouse workflows, margin and risk management, and clearing-broker business models.
  • Strong knowledge of fixed income trading workflows and regulatory requirements, such as SEF and MTF rules.

Responsibilities

  • Develop and execute strategies to optimize margin and capital costs for BlackRock funds and expand access to new products where appropriate.
  • Maintain relationships with CCPs and clearing-brokers, coordinate business allocation decisions, and evaluate new providers.
  • Monitor relevant industry developments through participant connectivity and expertise on clearing workflow.
  • Educate internal stakeholders at BlackRock on new developments, including extended-hours trading and single stock futures.
  • Provide ongoing oversight and support to trading teams for cleared swap workflows and intraday credit limits.
  • Partner with internal BlackRock teams to implement new trading venues and functionalities for Markets.
  • Monitor industry trends and new entrants or functionality.
  • Participate in industry working groups to shape advocacy with policymakers on relevant market structure issues.
  • Identify and elevate issues most relevant to BlackRock as a buy-side participant.
  • Partner with the public policy team to develop comment letters and responses to proposed regulations that will impact trading or liquidity.
  • Design and guide delivery of internal trading solutions and projects as required by regulatory changes, collaborating with other BlackRock stakeholders.

About the Company

BlackRock

Runs investment funds and sells risk software

BlackRock manages money for pension funds, governments, insurers, and everyday savers, and sells the software it uses to run those investments to other firms. In 2009, its purchase of Barclays Global Investors brought in the iShares fund family and made BlackRock the world's largest asset manager. Its iShares exchange-traded funds trade like stocks and mostly track market indexes, while its private funds lend to companies and invest in infrastructure and real estate. BlackRock charges a yearly fee on the money it manages, and banks, insurers, and other investors pay to use Aladdin, its system for measuring risk and running portfolios. Larry Fink and seven partners founded BlackRock in 1988, and it is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1988

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