Vice President/Director, Portfolio Manager & Derivatives Trader
Vice President/Director, Portfolio Manager & Derivatives Trader
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 155000 - 250000
1 Vacancy
Job Description
About this role
SpiderRock Advisors LLC (SRA) a wholly owned subsidiary of BlackRock vertically integrated in US Wealth Advisory headquartered in Chicago IL is a rapidly growing technologyenabled provider of derivatives solutions to the wealth management and institutional allocator segments of the $80 trillion global asset management industry. SRA specializes in the design and implementation of customized derivative solutions and overlay strategies for institutions wealth managers and their clients.
SRA is seeking an energetic and talented Portfolio Manager & Derivatives Trader responsible for understanding the nuances of multiple asset classes (ex. Equities Futures FX Fixed Income etc.) and supporting high performance quantitative execution in an internal and client/external facing role. This role is a part of a dynamic and rapidly evolving team responsible for portfolio design risk management data analytics quantitative analysis and research and scalable automated options trading.
Key Responsibilities:
- Operate develop and improve trading and portfolio management infrastructure and proprietary software
- Conduct quantitative research and statistical analysis to improve management and performance of client portfolios
- Support thought leadership research around improving portfolio outcomes through the use of options to reshape portfolio return distributions facilitate portfolio transition and optimize aftertax investment results
- Manage and articulate to both institutional and retail clients for their customized mandates
- Write debug and test software written in Python
- Make continuous improvements to the strategies and solutions and test environment based on market conditions
- Apply creativity and technical skills to elicit objective answers from historical data
- Adapt economic and financial theory to answer real life complex business problems
- Find and visualize patterns and trends in analyzed data
- Provide indepth investment research and present findings to SRAs Investment Committee
- Analyze structured finance products company financials and market data
- Document workflows processes and products.
- Formulate compelling written deliverables.
- Create compelling reports and presentations for internal teams and/or external clients
- Create presentations with charts and graphs to present to supervisors and clients
Key Qualifications:
- Bachelors Masters or PhD degree in Computer Science Engineering Statistics or a similar Science Technology Engineering or Mathematics discipline
- At least 5 years of experience in a similar role.
- 3 or more years of experience with Python programming knowledge of R a plus
- Familiarity with order management and trading systems and ability to troubleshoot daytoday issues.
- Experience with manipulating large data sets using common databases/query tools (ex. SQL).
- Experience with algorithmic trading features market microstructure FIX protocol and clearing operations etc in any asset class.
- Experience with conducting Transaction Cost Analysis (TCA) oriented research is a plus.
- Product knowledge of equity options is required; knowledge of multiple asset classes is a plus.
- Knowledge of business intelligence software (AWS QuickSight)
- Strong familiarity with MS Office suite (Word Excel PowerPoint).
- Outstanding communication organizational skills and professionalism.
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
BlackRocks 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 wellbeing. Our clients and the people they serve are saving for retirement paying for their childrens 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. Its why were 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: 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 theEEOCs Know Your Rights poster and its supplementand thepay transparency statement.
BlackRock 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 . All requests are treated in line with our.
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.Required Experience:
Chief
Employment Type
Full-Time
