Analyst or Associate - EMEA Fixed Income Repo Trader

About this role

Position Title: Investments | BGM | Liquidity & Financing | Securities Financing – Repo – EMEA Fixed Income Repo Trader

Corporate Title: Analyst or Associate
 

Location: London

Your role and impact
BlackRock’s Financing business manages over $150 billion of gross notional exposure globally. With diverse balances spread across US and non-US fixed income, BlackRock is on the forefront of market developments. With a focus on cutting edge technology and imbedded research, our investment management approach 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 sophisticated tools combined with fundamental insights from traders to maximize the performance of its program.

Within BlackRock Global Markets (BGM) in our Liquidity and Financing pillar we are seeking a Fixed Income Financing trader based in London. Our traders play a critical role in relation to alpha generation and cost minimization for a wide range of stakeholders such as scientific, fundamental and active products. They will partner with portfolio managers to optimize returns through a variety of trade types across a wide range of markets.

Responsibilities:

• Daily Trading and oversite of the EMEA/APAC Repo book.
• Managing repo across multiple funds inclusive of Hedge Funds, Liability Driven Investment funds to US mutual funds.
• Responsibility includes, but not limited to, daily trading of EMEA fixed income sovereign and credit bonds across multiple currencies.
• Manage, maintain and drive our counterparty relationships. Expanding existing relationships and assisting with legal negotiations.
• Play an active role within the investment process, delivering a high level of service to portfolio managers across the business by providing market color, daily locates and assistance for repo to the investment side of the business.
• Superior people and relationship management skills are highly important.
• Must have a strong focus on markets, thrive in a high-pressure and fast paced environment and demonstrate the ability to juggle multiple tasks effectively.
• Manage daily risk exposures with strong attention to detail.
• Drive technology, innovation and scale.
• Use skills to improve trading performance, looking for efficiencies to build best in class quantitative and technological solutions.
• Analyze book performance and market trends on a daily basis, providing commentary to management and PM teams.
• Partner with internal stakeholders across the business including but not limited to Operations, Legal, onboarding, market structure, Fixed Income trading, RQA, LDI.

Qualifications:

• University degree educated.
• Professional or trading experience 2+ years and/or knowledge of Aladdin trading platform preferred but not required.
• Analytical mindset is key, be able to prove clear, logical & structured thought processes.
• Advanced experience with Excel and other technical abilities preferred (Python, SQL, VBA, Business Objects) – will give equal consideration to candidates without expertise but with an aptitude and desire to become proficient. Python programming is a major advantage.
• Demonstrated intellectual curiosity in financial markets, an appetite for consistent learning is a must, experience and/or knowledge of Fixed Income markets is helpful.
• Creative thinker and comfortable taking initiative in pursuing new opportunities.
• Problem solver, comfortable taking initiative, and able to work both independently and within a team in an environment that is dynamically changing. 

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.