About this role
Business Unit Overview
BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Cash Management, Global Trading, ETF Markets, Securities Lending, and Financing & Financial Resource Management businesses. Together, we provide clients with superior market access and index investment outcomes through:
- World class talent, operating at the intersection of investment insight, markets expertise, risk management and process design
- Technology at the heart of our processes, with in-business tech teams that create cutting-edge IP, providing an advantage in quality, scale, and risk control
- A focus on transforming markets, driving and advocating for more accessible, resilient, and transparent markets to deliver more choice and lower costs for investors
Job Purpose/Background:
BlackRock Global Markets (BGM) is investing in its capabilities to accelerate growth in BlackRock’s Fixed Income Asynchronous Liquidity Provisioning Strategy (FI ALPS) in EMEA.
BlackRock is transforming trading from a static one-way trading process to a networked, asynchronous trading platform to increase trading and alpha opportunities for clients.
The FI ALPS platform is a new centralized platform that will enable BlackRock’s investment teams to
interact systematically with internal and external liquidity pools at scale, advancing BlackRock’s role in integrating liquidity across investors and the trading ecosystem.
The platform’s event-based technology enables investment teams to run algo-based process automation and build business scale while setting the market standard in liquidity provisioning.
This is an exciting opportunity to operate at the intersection of Investments, Markets, and Technology as we transform how BLK provisions liquidity, capture more share, and extend liquidity opportunities as the platform and ecosystem evolve.
A successful candidate will be familiar with management of a wide range of funds and have strong technology skills, allowing them to develop robust prototypes to improve the PM/Trading investment process. In this role they will have the opportunity to partner with various PM, Trading, and Technology teams to guide the integration of these prototypes into their workflows and evolve them into production components built into core BlackRock production technology.
Key Responsibilities:
- Build core tools and components to facilitate event-based liquidity provisioning to investors
- Work directly with global Fixed Income PM teams (index, fundamental, systematic) to enhance investment processes and integrate algo and opto-based workflows into the ALPS platform
- Work directly with global Fixed Income Trading teams to build trading algos and centralize ad hoc trading analyses and bespoke tools to run on-event and deliver insights directly to Traders
- Design, build, and implement algorithms spanning research, pre-trade analytics, portfolio construction, workflow automation, and investment controls
- Develop both prototype and production tools
- Partner with Aladdin Engineering and BGM Data Platform teams to define platform requirements and interfaces needed to support PM and Trading teams
- Partner with Aladdin Financial Engineering (AFE) and the Portfolio Analytics Group (PAG) to build and deliver liquidity, RV, and bond-specific analytics directly to investors via the ALPS platform
- Partner with BGM Data and Analytics (DnA) to define liquidity data warehouse and streaming solutions to be used for research, model development, and real-time model applications
- Partner with Trading to centralize and automate liquidity delivery, allocation, and trade routing
- Partner with BGM Architecture teams to build common libraries and components
- Partner with Aladdin Technology teams to enhance automation platforms including the Algo Platform
Knowledge/Experience/Qualifications:
- Strong quantitative background (at least BA/BS in Math/Science/Engineering/Computer Science)
- Development expertise in Python
- Deep understanding of Fixed Income Investment Processes (Research and Portfolio Management) across sectors or asset classes
- Working knowledge of Fixed Income markets
- Familiarity across a range of funds and investment styles (index/active, fundamental/quantitative)
- Excellent problem-solving skills and process-oriented approach
- Excellent teamwork and communication skills
- Experience in technical-focused project management
- Knowledge of BlackRock Aladdin tools
- Ability to work efficiently in a fast-paced environment, and perform diverse and complex tasks with accuracy and attention to detail
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.
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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
