Job Information
BlackRock Market Risk Manager, Vice President in London, United Kingdom
About this role
Title: Trading & Securities Lending Market Risk Manager, ASO/VP
Job Description
Business Overview
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and deliver independent risk advice and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.
RQA is committed to investing in our people to promote both individual accomplishment and a strong collaborative environment. As a global group, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development of future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
Key Responsibilities:
You will join a team of risk managers focused on global capital markets to provide market risk management of BlackRock’s global trading and securities lending activity. You will partner with trading, investment, technology and within RQA to:
Provide unbiased risk oversight of trading and securities lending risks.
Consult with trading teams in the continued development of risk measurement frameworks employed to assess and monitor trading risks at both the platform and asset class level.
Deliver impactful quantitative analysis to assess how trading and lending strategies impact client portfolios.
Conduct statistical analysis of large datasets to identify meaningful trends and emerging themes in trading and lending activity.
Partner with portfolio-manager aligned investment risk teams to improve visibility into trading and lending risks relevant to their area.
Assist with RQA’s second-line oversight of BlackRock’s Best Execution framework.
Guide team members in the development of their skills and approach to effective risk management.
Contribute to our inclusive, ‘One BlackRock’ culture by actively promoting Diversity, Inclusion and Equity within the firm.
Qualifications:
A Masters or PhD in a quantitative field, e.g. quantitative finance, computer science, economics, statistics, engineering preferred.
Advanced python skills and strong understanding of relational databases.
Exceptional quantitative skills with experience in developing and using financial risk models.
Strong communication skills with ability to quickly establish collaborative partnerships and proven ability to explain theoretical topics to a wide range of audiences.
Deep understanding of financial markets across liquid asset classes and familiarity with counterparty risk.
Highly organized and able to effectively manage their time to adhere to deadlines.
Demonstrates highest ethical standards.
Familiarity with relevant regulatory frameworks including MiFID II.
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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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.