Associate, ETF Markets

About this role

The BlackRock Global Markets – APAC ETF Markets team is responsible for growing and protecting the trading of the iShares product suite. We are passionate about leading all aspects of primary and secondary market ETF trading! We seek to identify and mitigate trading frictions that could impact the market quality of our products. In addition, we work alongside ETF market participants, such as liquidity providers, exchanges and regulators to strengthen and advance the ETF trading ecosystem.

Your Role and Impact

As a member of the ETF Capital Markets team in APAC, you will be responsible for overseeing a wide array of functions that encompass both the primary and secondary market activities, as well as spearheading the transformation of the ETF ecosystem and driving industry standards across the region.

Primary Market Oversight and Risk Management

You will manage the daily order taking and implement robust risk management practices for ETF Primary Markets throughout APAC. Acting as a crucial link, you will facilitate communication and coordination between external trading firms, market infrastructure entities, and the portfolio management team. Strong collaboration skills and the ability to work effectively with a diverse range of stakeholders are essential to perform this role successfully.

Technical Analysis and Market Quality Improvement

Your responsibilities will include analyzing and comprehending the technical nuances of ETF trading, covering all asset classes. The ultimate objective is to enhance the overall quality of the ETF market while maintaining stringent investor protection, ensuring the interests of our clients are always safeguarded.

Coordination and Collaboration with Partners

You will work closely with external partners, such as ETF liquidity providers and exchanges, to proactively identify and mitigate any trading risks that clients may encounter. Collaboration will also extend to internal teams across BlackRock when launching new products, managing stressed market events, and conducting due diligence to assess the trading efficiency of our existing ETF offerings.

Advancing Key Initiatives and Enhancing the ETF Ecosystem

In this capacity, you will collaborate with internal partner teams and engage with external ETF liquidity providers to drive forward key initiatives. Your efforts will focus on identifying and resolving trading frictions, seeking opportunities to increase participation, and reinforcing the robustness and efficiency of the ETF ecosystem in APAC.

Your Responsibilities

• Act as the primary contact for broker dealers, market makers, stock exchanges, service providers and teams internally for all aspects of primary trading of iShares ETFs.

• Perform and oversight primary market activities (creations/redemptions) between APs, Portfolio Management, Trading, Exchange & ETF Service Providers

• Be an ETF trading subject matter expert and demonstrate in-depth product knowledge to promote efficient ETF trading and differentiate BlackRock ETFs from competitor funds and other investment vehicles.

• Monitor BlackRock ETF trading daily, identify and raise client and business risks and coordinate with the business, external market makers and equity exchanges on resolution.

• Be a risk manager, ensuring our ETFs and their shareholders are protected

• Conduct quantitative data analysis to facilitate business decision making and build data sets from multiple sources to produce insights for management, sales teams, and clients.

• Collaborate with external market makers and exchanges and collectively drive strategies which can improve ETF trading efficiency.

• Partner with internal stakeholders including product development teams and portfolio managers to implement product design and trading process improvements.

• Monitor articles, white papers, and blogs that highlight potential issues with ETFs and help to coordinate a thoughtful response, ensuring consistency with our global message

• Manage a broad range of market events and disruptions, requiring the ability to operate and show sound judgement whilst under pressure and a strong understanding of risks across the business to effectively drive solutions.

You Have

• 3-5 years industry experience with an understanding of trading and market infrastructure

• Risk management mentality, able to identify downstream implications and proactively call out vulnerabilities

• Have a high level of motivation, comfort with ambiguity and the ability to function well under time pressure

• High degree of professional discretion, accountability, and judgment. Critical that person is adaptable, flexible and thrives in a team environment

• Confirmed relationship-building abilities, particularly influencing, and listening to people across different functions and seniorities

• Strong oral and written communication skills—the ability to clearly and accurately communicate information to a wide group of internal and external stakeholders is critical to this function

• Prior ETF industry and experience in Digital Assets, Tokenization, and Derivatives products are desirable

• Coding experience and familiarity with leveraging AI preferred

• Local licensing requirements are expected to be fulfilled

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.