Junior FX Trader, Associate

Company: Blackrock, Inc.
Location: New York
Posted on: February 25, 2021

Job Description:

BlackRock's business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients-period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. That's why investors of all kinds have made us the world's largest asset manager, entrusting us with trillions of dollars, and it's why companies, institutions and global governments come to us for help meeting their biggest financial challenges. DescriptionAbout this roleWhat team will you be on?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. As the world's largest asset manager, BlackRock traded approximately $16.4 trillion in notional volume in 2020. We believe BlackRock's size and scale serves as a distinct advantage, uniquely positioning us to access liquidity and deliver consistently strong execution.Why is your role important?Foreign Exchange is over $5 trillion a day market, that can have an impact on all major asset classes in the investment arena. BlackRock manages various mandates that will facilitate currency transactions including: Covering asset transactions and repatriation of income, hedging, currency overlay and active currency management.The FX Trading team within Global Trading is seeking a junior FX trader to support investment activities in New York. The successful candidate will be able to demonstrate the ability to interact effectively with senior traders and portfolio managers, multiple internal groups, and the sell-side, in order to provide best execution, maintenance, and market flow information for investment activities in FX markets.What will you be doing?

• Work closely with senior FX traders to provide best execution across a range of FX instruments, including spot, forwards, options, and other volatility products for all BlackRock internal businesses
• Provide insight into market activity and disseminate market intelligence and flow information to portfolio management teams
• Work both independently and with other BlackRock teams to develop technology to improve work flow and analysis across the trading platform
• Dealing with day-to-day administrative issues in support of trading activities and liaison with trading operations
• Pro-actively contribute to the investment process to reduce transaction costs.What are we looking for?
  • Degree(s) in relevant subject such as economics, mathematics, or finance desired
  • Proven interest in global capital markets, specifically with reference to Foreign Exchange markets
  • Strong quantitative and analytical skills, attention to detail, and a sense of urgency are vital
  • Effective communication skills and proven ability to work with multiple partners and stakeholders
  • Highly computer literate, with advanced spreadsheet based skills, and programming knowledge a benefit
  • Strong work ethic with high level of self-motivation 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. About BlackRockBlackRock's purpose is to help more and more people experience financial well-being.--As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate - 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. "Inclusion and diversity are important at BlackRock, and we want people from all different backgrounds-geographic, educational, cultural. We want to avoid a narrow-minded, herd mentality, especially in investments." As a people-centric business, our long-term sustainability depends on our employees and culture. We have more than 16,000 employees in 35+ different countries who speak over 80 languages. We also serve millions of clients from different cultures around the world. We believe a wide range of perspectives and talent is crucial to creating a richer culture for our employees and a better experience for our clients. How we typically hire experienced professionals BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer. 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 EEO is the Law poster and its supplement , and the pay transparency policy . BlackRock is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to Disability.Assistance@blackrock.com and let us know the nature of your request and your contact information.

Keywords: Blackrock, Inc., New York , Junior FX Trader, Associate, Accounting, Auditing , New York, New York