Vice President

About the role

Location: 50 Hudson Yards, New York, NY 10001

Duties

Deliver efficiency to BlackRock funds through developing and executing on strategies to optimize margin/capital costs and expand access to new products where appropriate. Strong knowledge of cleared derivatives products, clearinghouse workflows, margin & risk management and clearing-broker business models are required.

• Maintain relationships with CCPs and clearing-brokers, including coordinating business allocation decisions and evaluating new providers.
• Provide horizon-scanning on relevant industry developments through strong connectivity with participants and expertise on clearing workflow.
• Educate internal stakeholders at BlackRock on key new developments (e.g. extended hours trading and single stock futures).

• Perform ongoing oversight and support to trading teams for cleared swap workflows and intraday credit limits.
• Leverage strong organizational skills to partner with relevant internal BlackRock teams to implement new trading venues & functionalities for Markets.
• Strong knowledge of fixed income trading workflows and regulatory requirements are required (e.g. SEF and MTF rules).

• Provide horizon scanning on industry trends and new entrants/functionality.
• Participate in industry working groups to shape advocacy with policymakers on relevant market structure issues.
• Identify & elevate issues most relevant to BlackRock as a buy-side participant.
• Partner with the public policy team to develop comment letters / responses to proposed regulation that will impact trading or liquidity.

Design and guide delivery of internal trading solutions / projects as required by regulatory changes, collaborating with other BlackRock stakeholders.

Qualifications

Master's degree in Analytics, Finance, Applied Accounting, Business Administration, or related field and three (3) years of experience in the job offered or as an Associate, Quantitative Financial Analyst, Investment Banking Analyst, or related role.

In the alternative, the employer will accept a Bachelor's degree in Analytics, Finance, Applied Accounting, Business Administration, or related field and five (5) years of experience in the job offered or as an Associate, Quantitative Financial Analyst, Investment Banking Analyst, or related role.

Must have three (3) years of experience with: Financial markets and regulatory frameworks across asset classes including fixed income, derivative markets, and equity; Conducting quantitative financial analysis on Aladdin Trading Data for regulatory purposes using SQL and Python; and Trading workflows and technologies including Aladdin infrastructure across asset classes in fixed income, derivative markets, and equity.

Must have one (1) year of experience with: Project management for product development to strengthen regulatory risk controls in areas including fixed income, equity, and derivative markets; and Database management to tailor Aladdin trading data for specific use cases.

To apply, please click "Apply" on this webpage.

Pay and benefits

For New York, NY Only the salary range for this position is USD$182,000.00 - USD$215,000.00. 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.

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 on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.