ETF Secondary Market, Associate
BlackRock
About this role
The BlackRock Global Markets – U.S. ETF Markets team is responsible for growing and protecting the trading of the US iShares product suite. We are passionate about leading all aspects of primary and secondary market ETF trading! We seek to identify and mitigate trading frictions that could impact the market quality of our products. In addition, we work alongside ETF market participants, such as liquidity providers, exchanges and regulators to strengthen and advance the ETF trading ecosystem.
Your role and impact
This Individual will be responsible for protecting and growing the secondary trading of iShares ETFs. Our goal is to improve ETF market quality while ensuring investor protections are in place for the benefit of our clients. You will coordinate with external partners including, ETF liquidity providers and US equity exchanges, to identify and mitigate any client trading risks. You will collaborate with partner teams across BlackRock on new products, during stressed market events, when performing due diligence on the trading efficiency of our current ETF offering, as well as ensuring a smooth transition to trading when launching new ETFs.
Your responsibilities
Be an ETF trading subject matter authority and demonstrate in-depth product knowledge to promote efficient ETF trading and differentiate BlackRock ETFs from competitor funds and other investment vehicles.
Monitor BlackRock ETF trading daily, identify and raise client and business risks and coordinate with the business, external market makers and equity exchanges on resolution.
Conduct quantitative data analysis to facilitate business decision making and build data sets from multiple sources to produce insights for management, sales teams, and clients.
Collaborate with external market makers and the equity exchanges and collectively drive strategies which can improve ETF trading efficiency.
Partner with internal teams including product engineering and portfolio engineering to implement ETF product design and trading process improvements.
Monitor articles, white papers, and blogs that highlight potential issues with ETFs and help to coordinate a thoughtful response, ensuring consistency with our global message
You have…
2-5 years proven experience with an understanding of ETFs and experience working closely with internal and external partners.
Risk management mentality, able to identify and action client and business risk in a timely manner
Confirmed relationship-building abilities, particularly influencing internal and external partners
Have a high level of motivation, comfort with ambiguity and the ability to function well under time pressure
High degree of professional discretion, accountability, and judgment. Critical that person is adaptable, flexible and thrives in a team environment!
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.
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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.