BlackRock
Director, US Head of Market Structure
BlackRock, New York, New York, us, 10261
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 Market Structure team sits within BlackRock's Global Trading organization which provides execution services globally across all asset classes. The team is responsible for leading Global Trading's strategic response to commercial, regulatory and technology driven changes in capital markets. The team engages externally with the industry and our public policy colleagues to advocate with policymakers, provide thought leadership, shape market structure, and represent BlackRock's views on regulatory issues which affect trading.
The team is seeking a senior market structure expert to lead our US market structure initiatives across all asset classes. Specific experience on regulations impacting trading and liquidity is a must. This role will require working with key business partners, both internally and externally to develop BlackRock's strategy. This position is based in New York.
Responsibilities
Influence and shape market structure across asset classes and products, with a particular emphasis on US and FICC markets Represent BlackRock's perspective and buy-side views on market structure issues externally with regulators, exchanges, CCPs, and industry associations / working groups Partner with the public policy team to develop BlackRock ViewPoints and comment letters / responses to proposed regulation that will impact trading or liquidity Work closely with strategic partners (e.g., dealers, clearing brokers, trading platforms, CCPs, etc.) to define and implement business models and platform enhancements Design and guide delivery of internal trading solutions / projects as required by regulatory changes, collaborating with other BlackRock stakeholders Provide input into our electronic trading strategy to evaluate new functionality, platforms, and connectivity across asset classes Evaluate new technology (e.g., blockchain) and trading platforms to determine potential impact to markets and identify emerging industry trends and disruption Review opportunities to clear new products available in the market and develop cost-benefit analysis of such offerings Perform ongoing oversight and support to trading teams for cleared swap workflows and intraday credit limits Mentor / develop junior colleagues
Skills & Qualifications 9+ years of experience in financial markets or the regulatory landscape Prior experience with a discipline relating to Fixed Income or Equities, such as, but not limited to, Trading, Operations, Legal & Compliance, etc. Deep knowledge and understanding of buy-side investment processes and trading workflows Working knowledge of central clearinghouse frameworks a must Some derivatives experience a plus Strong communication skills with the ability to clearly articulate positions, write effectively and deliver presentations Good interpersonal skills to facilitate engagement with colleagues and deliver updates to key stakeholders Natural relationship building orientation; collaborative Ability to coordinate and lead projects across different levels and functions Highly motivated self-starter Desire and willingness to innovate Analytical and data modeling skills a plus
For New York City only: The salary range for this position is $200,000 - $260,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
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).
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.
About BlackRock At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. #J-18808-Ljbffr
The team is seeking a senior market structure expert to lead our US market structure initiatives across all asset classes. Specific experience on regulations impacting trading and liquidity is a must. This role will require working with key business partners, both internally and externally to develop BlackRock's strategy. This position is based in New York.
Responsibilities
Influence and shape market structure across asset classes and products, with a particular emphasis on US and FICC markets Represent BlackRock's perspective and buy-side views on market structure issues externally with regulators, exchanges, CCPs, and industry associations / working groups Partner with the public policy team to develop BlackRock ViewPoints and comment letters / responses to proposed regulation that will impact trading or liquidity Work closely with strategic partners (e.g., dealers, clearing brokers, trading platforms, CCPs, etc.) to define and implement business models and platform enhancements Design and guide delivery of internal trading solutions / projects as required by regulatory changes, collaborating with other BlackRock stakeholders Provide input into our electronic trading strategy to evaluate new functionality, platforms, and connectivity across asset classes Evaluate new technology (e.g., blockchain) and trading platforms to determine potential impact to markets and identify emerging industry trends and disruption Review opportunities to clear new products available in the market and develop cost-benefit analysis of such offerings Perform ongoing oversight and support to trading teams for cleared swap workflows and intraday credit limits Mentor / develop junior colleagues
Skills & Qualifications 9+ years of experience in financial markets or the regulatory landscape Prior experience with a discipline relating to Fixed Income or Equities, such as, but not limited to, Trading, Operations, Legal & Compliance, etc. Deep knowledge and understanding of buy-side investment processes and trading workflows Working knowledge of central clearinghouse frameworks a must Some derivatives experience a plus Strong communication skills with the ability to clearly articulate positions, write effectively and deliver presentations Good interpersonal skills to facilitate engagement with colleagues and deliver updates to key stakeholders Natural relationship building orientation; collaborative Ability to coordinate and lead projects across different levels and functions Highly motivated self-starter Desire and willingness to innovate Analytical and data modeling skills a plus
For New York City only: The salary range for this position is $200,000 - $260,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
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).
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.
About BlackRock At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. #J-18808-Ljbffr