About this role
As a member of the Markets Coverage team with the US ETF Capital Markets, you will be responsible for supporting secondary market trading and commercialization our ETF products across various market segments. You will work closely with sales teams, liquidity providers, and end clients to ensure efficient execution, liquidity, and market awareness of our ETF offerings. You will also conduct research and analysis on ETF market trends, flows, pricing, and performance, and communicate insights to internal and external stakeholders. The ideal candidate will have experience and interest in the ETF ecosystem.
The US ETF Markets Coverage group aims to increase ETF usage by providing implementation guidance, relative value analysis, and analytic solutions to BlackRock clients worldwide. This person will be responsible for helping iShares' clients with the nuances of ETF markets and trading (primary and secondary markets), covering all asset classes. Moreover, the candidate will be responsible for evaluating trade and holding costs of ETFs versus other investment vehicles, such as swaps, futures, and derivatives. This team member will require extensive financial market knowledge, must have excellent communication skills, and have the ability to engage with a wide range of client types and internal partners, Lastly, this person will be expected to contribute to an inclusive, collaborative, and high performing work environment.
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Responsibilities
- Build strong internal/external relationships across the ETF ecosystem, deliver analytical ETF data analysis that drives the production of ETF content and commentary.
- Support client investment process across channels (institutional and retail) through education on ETF liquidity, consultation on ETF trading strategies, and identifying associated trade costs around implementation.
- Partner closely with sales leaders to provide product specialist support with a focus on ETF implementation and capital markets.
- Provide ETF Model Portfolio rebalance, due diligence, and implementation expertise to strategic internal and external iShares partners.
- Write ETF focused market insight pieces and trading research for both internal and external audiences. Collect, analyze and extract meaning from ETF trading data in an effort to produce relevant content and drive inflows.
- Contribute to the enhancement of propriety iShares ETF technology specific to trading and relative value analysis.
- Drive advancement and innovation within the Fixed Income ETF ecosystem, inclusive of new products, improvements in market structure, and infrastructure enhancements.
- Monitor articles, white papers, and blogs that highlight potential issues with ETFs and help to coordinate the proper response, making sure it is consistent with our global message.
Skills and Qualifications
- BA / BS in Finance, Economics, Mathematics, Engineering or similar field; CFA a plus
- 2-5 years of direct experience in ETF capital markets or fixed income as an asset class inclusive of cash bonds, derivatives, volatility and ETFs
- Experience in a client facing or client supporting role with understanding of ETF wealth client landscape a plus.
- Able to multi-task and work effectively at various levels of an organization.
- Experience working on or leading strategic project teams.
- Highly organized and team first mentality - no task too small.
- Writing and editorial skills combined with interpersonal and communication skills.
- Resourceful, proactive and able to prioritize and navigate in a fast-paced team-oriented environment.
- Proficient in Microsoft Office and Bloomberg. Python and SQL skill preferred.
- Series 7 and 63 required.
For New York City and California only the salary range for this position is $105,000 - $137,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.
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 and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
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.