6 days ago

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Associate, Equity Trader Hong Kong, Hong Kong

BlackRock

Hong KongRemote

About this role

Business Unit Overview:

The Equity Trading team is part BlackRocks Global Markets Group and is responsible for executing equity and equity derivative orders in APAC.  This includes substantial volumes of cash equities, CFDs, and listed and OTC derivatives and Convertible Bonds.  The desk supports a variety of internal investment teams, including Fundamental, Scientific, Global Macro and L/S hedge funds, Long Only funds, ETFs, Index funds and Transition Management. 

The role is based in Hong Kong and will be primarily focused on execution across all Asian underlying equity products for global investment teams and analysis on trade performance and implementation strategies. Traders are expected to be a regular and effective contributor to the firm’s broader investment discussions.

Responsibilities:

  • Provide ‘best execution’ across a range of equity instruments for all Active and Index businesses in BlackRock.  Manage orders and trade flow in a logical, risk-controlled manner with a high sensitivity to fiduciary responsibilities

  • Executing multi-product equity assets using a combination of high-touch and low-touch methods.

  • Improving and enhancing execution processes while reducing market risk.

  • Trading analysis for APAC equity trading team. 

  • Pro-actively contribute to the investment process to both reduce transaction costs and identify alpha opportunities.  Gather and disseminate market, sector and product information to provide actionable investment ideas and implementation strategies.

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

  • Work with technology and analytics groups to develop systems, analytics, and coordinate trading activities.

  • Meet with both local and regional regulatory requirements by partnering with Legal and Compliance teams

  • Ad hoc project work

Qualifications:

  • Minimum 4 years of relevant trading experience, specific to Asia is a plus.

  • Ability to work well in a team environment is critical

  • Degree in relevant subject with quantitative content or some experience of conducting empirical research using quantitative methods.

  • Strong communicator and fluent in English

  • Excellent analytical skills applied in a practical environment

  • Some understanding of statistical analysis and modelling but must possess a passion for how these techniques may be applied to improve trading implementation.

  • Strong understanding of the liquidity and microstructure of APAC equity markets and passion to expand and share trading skills/knowledge.

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

  • Passion for understanding and growing existing working knowledge of global equity markets.

  • Strong work ethic and attention to detail with a risk management mindset for a fast-paced high-volume trading desk that results in identifying red flags in unusual activity.

  • Strong interpersonal skills with experience working in a large team with hard deliverables.  Need strong work ethic with high level of self-motivation. 

  • CFA qualification/part qualification and experiences in trading derivative products would be an advantage

  • Coding skills, preferably in Python would be a plus

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

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. 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 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 BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.