About this role
About BlackRocks Financial Markets Advisory Business
BlackRocks Financial Markets Advisory (FMA) group provides a wide range of services to governments central banks and financial institutions globally. FMA leverages the firms capital markets data and risk analytics technology and financial modeling capabilities while maintaining stringent information barriers and other procedures to protect client sensitive information and manage potential conflicts of interest. FMA advises financial institutions regulators and government entities on their most critical and complex financial issues from bank stress-testing to unwinding a portfolio of assets to designing and executing bond purchase programs to support to the economy. We work with our clients senior management on balance sheet and capital markets exposures as well as a wide range of other strategic regulatory and operational challenges. Since our founding in 2008 we have completed over 500 assignments for more than 280 unique clients in over 30 countries. Our technology and analytical capabilities give us a unique ability to respond to client needs. We leverage BlackRocks Aladdin technology platform and the firms sophisticated capital markets risk analytics data management and financial modeling capabilities to deliver results-oriented consulting and advisory services. Our professionals work out of all BlackRock regions (Americas EMEA APAC) allowing FMA to serve clients in different locations and respond to urgent needs as they arise. To deliver the most effective team for any client situation we assign professionals based on their expertise and can deploy from multiple offices.
FMAs hedge advisory team manages and advises on derivatives programs on behalf of clients seeking to hedge capital markets exposure. As part of this offering the team designs and implements a range of bespoke hedging solutions primarily for insurance and reinsurance clients creating the flexibility clients need to decouple investments from liabilities pursue optimal investment strategies and create higher yielding portfolios.
While the candidates primary role will be supporting and growing FMAs hedge advisory franchise the candidate will also gain exposure to a wider range of FMAs capital markets services supporting offerings such as contingent management liquidity advisory transaction support stress testing etc.
We seek a candidate with capital markets expertise to support FMA clients and their objectives.
Responsibilities:
Hedge Advisory: Support the design and ongoing management of bespoke hedging strategies on behalf of clients serving as a derivatives portfolio manager with a primary focus on interest rate and FX hedging for insurance / reinsurance clients
Fixed Income:Support / lead the execution of fixed income portfolio analyses across recurring and ad-hoc client engagements with a primary focus on risk management trading dynamics and market liquidity
Develop a strong understanding of BlackRocks modeling and analytical capabilities
Perform comprehensive and in-depth market transaction and industry research
Stay abreast of relevant market trends
Understand client and business context driving client opportunities and challenges
Participate in client meetings presentations and pitches and demonstrate ability to synthesize complex markets and analytics topics to internal and external audiences
Skills / Qualifications:
5 years of experience within the financial services industry including specific experience with interest rates and/or FX derivatives
Fundamental understanding of collateral management for derivatives programs
Familiarity with hedging dynamics & risk management best practices
Broad understanding of financial institutions fixed income assets and analytics and capital markets
Experience working at/with insurance companies banks and/or other financial institutions clients
Intellectual curiosity and comfort with expanding into unfamiliar topics
Excellent analytical and problem-solving skills
Takes initiative and is comfortable performing under pressure to manage tight deadlines in a fast-paced high-intensity environment
Excellent Microsoft Excel skills; knowledge of Python or VBA a plus
Experience with Agency MBS a plus
Experience with VaR modeling a plus
Familiarity with market infrastructure (CCPs & exchanges Prime Brokerage etc.) a plus
BA / BS degree
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 well-being. 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:
Exec
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