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Associate, Equities Trading

BlackRock

Associate, Equities Trading

BlackRock

New York, NY

·

On-site

·

Full-time

·

5d ago

About this role

Black Rock 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 Black Rock’s size and scale serves as a distinct advantage, uniquely positioning us to access liquidity and deliver consistently strong execution.

Business Unit Overview:

The Equity Trading team in New York is part of the Global Trading group within Black Rock Global Markets (BGM) and is responsible for executing equity and equity derivative orders in the Americas.  This includes substantial volumes of cash equities, CFDs, listed and OTC derivatives.  The desk supports a variety of internal investment teams, including global macro, stock selection, ETFs, index funds and transition management.

Responsibilities:

  • Seek to provide Best Execution across a range of equity derivative products (listed and OTC equity options, futures, ETFs, etc.) for all of Black Rock’s internal businesses

  • Manage equity orders in a logical, risk-controlled manner with a high sensitivity to fiduciary responsibilities

  • Generate and enhance trading reports that analyze large data sets for Best Execution

  • Monitor market activity in areas of specialization and provide feedback to portfolio managers

  • Support investment teams in terms of information flow, trade ideas and data requests

  • Oversee day-to-day administrative issues in support of trading activities and liaison with trading operations

  • Pro-actively contribute to the investment process to both reduce transaction costs and identify outperformance opportunities

  • Work with internal e Trading and Trading Research groups to innovate systems, trading analytics, and coordinate implementation

  • Develop and maintain essential external relationships as required for Best Execution

Qualifications:

  • BA/BS or higher degree(s) - Economics, mathematics, engineering, physical science preferred, but all majors considered

  • 2-5 years of relevant equity trading experience with equity option and derivatives experience preferred

  • Data analysis or financial coding skills preferred (Python, R, SQL, etc.)

  • Basic understanding of fundamentals and concepts of portfolio/risk management

  • Extensive experience using electronic/algorithmic execution tools

  • Demonstrated proficiency with trading technology across various trading systems/platforms (Flex Trader and BBG EMSX experience preferred)

  • Comprehensive understanding of the liquidity and microstructure of equity markets

  • Effective communication skills and demonstrated ability to work with multiple partners and stakeholders

  • Analytical and creative approach to solving complex problems

  • Well organized, disciplined approach to work with a high level of attention to detail

  • Willingness to learn and trade new asset classes and trading strategies

  • Strong work ethic with high degree of self-motivation

For New York, NY Only the salary range for this position is USD**$0.00** - USD**$0.00** . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock 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

Black Rock’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 Black Rock.

About Black Rock

At Black Rock, 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 Black Rock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Black Rock 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.

Black Rock 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.

Black Rock 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.

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About BlackRock

BlackRock

BlackRock

Public

Multinational investment company.

10,001+

Employees

New York City

Headquarters

Reviews

3.5

5 reviews

Work Life Balance

2.2

Compensation

3.5

Culture

3.0

Career

4.2

Management

2.8

Pros

Fast-paced learning and development opportunities

Advanced technology and global platform

Good benefits and retirement packages

Cons

Poor work-life balance

High stress and competitive environment

Toxic work culture in some areas

Salary Ranges

7,021 data points

L2

L3

L4

L5

L6

M3

M4

M5

M6

L2 · Associate L2

0 reports

$104,000

total / year

Base

$41,600

Stock

$52,000

Bonus

$10,400

$72,800

$135,200

Interview Experience

6 interviews

Difficulty

3.3

/ 5

Duration

14-28 weeks

Offer Rate

17%

Interview Process

1

HireVue

2

Online Assessment

3

Final Round/Superday

Common Questions

Technical interviews

Behavioral questions

Role-specific assessments