About This Role
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world.
The Global Trading business executes trades on behalf of all portfolio management teams at the firm. The team is organized along regions and asset classes, providing the best service to our investment teams, and achieving optimal outcomes for our clients. We believe BlackRock’s size and scale serves as a distinct advantage, uniquely positioning us to access liquidity and deliver consistently strong execution.
Job Purpose/Background
The Emerging Markets Fixed Income Trading team executes all of BlackRock’s EMD cash and derivative products for BlackRock, globally. This includes substantial volumes of government and corporate cash bonds, OTC interest rate and credit derivatives. The desk supports a variety of internal businesses, including Global Macro and Fixed Income hedge funds, long only funds, ETFs/index funds and the firm’s transition management business. The desk in London, with primary responsibility for the EMEA region, is seeking a trader to work as part of a highly collaborative and dynamic global business.
The successful candidate will be able to demonstrate the ability to interact effectively with portfolio managers, multiple internal groups and the sell-side, to provide liquidity, best execution, and market flow information for investment. Fundamental knowledge of fixed income cash and derivative products, and familiarity with themes in the changing regulatory environment in bond and swap markets are essential. A keen interest in the Emerging Markets is also a must.
Key Responsibilities
- Deliver best execution across a range of emerging market fixed income instruments, focusing on cash bonds, IRS, CDS, and access products for all BlackRock’s internal businesses.
- Manage orders and trade flow in a risk-controlled manner, maintaining a high sensitivity to fiduciary responsibility, liquidity conditions and market footprint.
- Monitor activity and events across various emerging markets, providing comprehensive and high-quality market coverage to internal stakeholders.
- Gather and synthesise data, market intelligence, technical input, and trade ideas to support investment teams globally.
- Forge strong partnerships with sell-side liquidity providers to ensure the desk meets the needs of BlackRock’s growing Emerging Markets business.
- Coordinate with investment operations, risk, compliance and other internal stakeholders to support ongoing trading activities.
- Work both independently and collaboratively with other BlackRock teams to develop technology solutions that enhance workflow and optimise processes across the platform.
- Contribute to innovation, the development of new markets, and the evolution of the EM ecosystem through a range of internal projects and external initiatives.
Qualifications
- Solid fundamental knowledge of fixed income cash instruments, credit, and rates derivatives (CDS, IRS, OIS, TRS).
- Strong interest in emerging market economies, with a preference for candidates having 4-5 years of industry experience, particularly in trading execution within a markets environment.
- Proven ability to multi-task and prioritise in a high-volume, fast-paced business setting.
- Collaborative attitude, strong work ethic, and demonstrated ability to engage with multiple partners and stakeholders.
- Enthusiastic about working in a diverse team, sharing ideas on execution strategies, market insights, and projects to deliver optimised solutions.
- Highly organised and disciplined, with a keen attention to detail.
- Excellent verbal and written communication skills.
- Strong analytical skills, with experience in Python, Bloomberg API, SQL, Tableau, Power BI, and Excel being a plus.
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.
