About this role
Associate/VP Securities Lending Trader
What team will you be on?
Our Securities Lending trading team generates alpha for clients across scientific, fundamental and index products. We partner with portfolio managers to optimise returns through a variety of trade types. BlackRock is a pioneer of using quantitative techniques and sophisticated models to improve the performance of its Securities Lending business.
Why is your role important?
We are actively seeking an outstanding teammate to join our Securities Lending Trading team based in London. With a focus on cutting-edge technology and embedded research, our investment management approach to lending provides superior performance for our clients and is an important part of the BlackRock brand. In this fast-paced and dynamic environment, BlackRock is a pioneer of using quantitative techniques and sophisticated models combined with fundamental insights from traders to increase the performance of its Securities Lending business. We will look to you to actively contribute and drive the continued development.
Our Securities Lending Traders execute a critical role in relation to alpha generation and cost minimisation for scientific, fundamental and index products. We partner with portfolio managers to optimise returns through a variety of trade types. Traders represent the firm for a selective group of markets or asset classes. They are the primary owner of BlackRock’s interface with top-tier prime brokerage firms and counterparties and offer the premier securities finance product in the market today.
What will you be doing?
- Actively trade and optimise BlackRock's EMEA Equities and/or Fixed Income securities lending book for clients. You will be directly responsible for revenue generation and active performance management.
- Actively build and implement trading strategies based on analysis of companies, sectors, and market variables. You will deliver market-leading returns in a risk-aware and controlled manner.
- Be an excellent internal and external partner! You will build and strengthen relationships across BlackRock and the securities lending and financing marketplace.
- Build and lead partnerships with internal teams, including our global trading team to help drive efficiencies to improve revenue, performance and mitigate risks.
- Be responsible for day-to-day administrative issues in support of trading activities and liaise with trading operations.
- Work with internal Quantitative Research and Algorithmic Trading groups to innovate systems, trading analytics, and coordinate implementation.
- Manage risk with strong attention to even the smallest details.
What are we looking for?
- An outstanding teammate! Excellent communicator with first-class relationship management skills is a given. You are also self-motivated, with a strong work ethic and positive, team-orientated outlook.
- 2+ years of experience in Equities, Fixed Income, Securities Lending, Financing markets, Delta One, Prime Services or a related trading or financing role is preferred. Knowledge of EMEA markets is advantageous.
- Experience analysing corporate actions and event-driven situations to identify pricing and relative value opportunities within securities lending and financing markets is highly valued.
- Proficiency in Excel and experience using SQL, Python, VBA or Business Objects is also preferred.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance( opens in new window) on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com( opens in new window). We also encourage you to get to know us on LinkedIn( opens in new window), Instagram( opens in new window), YouTube( opens in new window), X( opens in new window), and TikTok( opens in new window).
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
