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- Tasks: Manage counterparty and trading risk exposure in client portfolios.
- Company: Join BlackRock, a leader in investment management and risk analysis.
- Benefits: Flexible time off, education reimbursement, and health support.
- Other info: Hybrid work model for collaboration and learning opportunities.
- Why this job: Make a real impact in capital markets risk management with a global team.
- Qualifications: 2-3 years in finance, strong risk management and quantitative skills required.
The predicted salary is between 50000 - 70000 £ per year.
BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s principal responsibility is to ensure that the risks in BlackRock’s portfolios are fully understood by our portfolio managers and senior management and are consistent with clients’ objectives. We also help build "state-of-the-practice" quantitative models and analytics that help inform risk taking and portfolio construction across the firm. RQA team members tackle real‑world problems, using a multi‑disciplinary skillset to provide tangible solutions in the investment management process.
We are seeking a risk professional to join our EMEA Capital Markets Risk team. This role is pivotal in managing counterparty and trading risk exposure taken by our client portfolios when trading securities, entering cleared or over‑the‑counter derivatives transactions, and participating in securities lending. The successful candidate will bring strong capital markets intuition, risk management experience, and a working understanding of the quantitative techniques used in financial risk management. The role is well‑suited to candidates with backgrounds in credit risk, trading risk, quantitative analysis, or related capital markets functions. This position spans both fiduciary and enterprise risk mandates and involves close collaboration with global risk teams, trading desks, and the securities lending business.
Key Responsibilities- Identify and assess counterparty and trading risks arising from market activity, new products, or evolving market structure
- Monitor and analyze aggregate risk exposures using quantitative metrics
- Stay abreast of market structure developments impacting capital markets risk management, such as shortened settlement cycles, uncleared margin rules, etc.
- Contribute to risk oversight through regular interactions with the global team of risk experts
- Develop and maintain strong relationships with stakeholders across securities lending, trading, legal, compliance, and portfolio management teams.
- Protect the reputation of BlackRock and its clients
- Minimum 2-3 years of experience in finance, with exposure to trading, financing, or counterparty-related activities
- Background in risk management, including credit, trading, or enterprise risk oversight
- Understanding of quantitative and statistical concepts used in financial risk management (e.g., exposure metrics, stress testing, scenario analysis)
- Ability to interpret risk analytics and translate them into clear risk judgments for stakeholders
- Strong communication and collaboration skills
- Familiarity with legal documentation relevant to capital markets (ISDA, GMSLA, MSFTA)
- Relevant technical and coding skills (e.g., Excel, Python)
- Bachelor’s degree in finance, economics, mathematics or related field
- Experience working in a global financial institution.
- Ability to navigate complex regulatory environments across jurisdictions.
- Advanced degree or professional certifications (e.g., CFA, FRM)
- Python coding skills preferred
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well‑being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
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.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
Associate, Counterparty Credit Risk employer: BLACK ROCK FINANCIAL LTD
Contact Detail:
BLACK ROCK FINANCIAL LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Counterparty Credit Risk
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at BlackRock. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your quantitative skills and risk management concepts. Be ready to discuss how you've tackled real-world problems in finance – they love that!
✨Tip Number 3
Show off your communication skills! Practice explaining complex risk analytics in simple terms. This will help you connect with stakeholders and demonstrate your understanding of the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the team at BlackRock.
We think you need these skills to ace Associate, Counterparty Credit Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Associate, Counterparty Credit Risk role. Highlight your background in risk management and any relevant quantitative techniques you've used.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about capital markets and how your experience makes you a great fit for our team at BlackRock.
Showcase Your Technical Skills: Don’t forget to mention your technical skills, especially in Excel and Python. These are crucial for the role, so give examples of how you've used them in past experiences.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining us at BlackRock!
How to prepare for a job interview at BLACK ROCK FINANCIAL LTD
✨Know Your Risk Management Basics
Make sure you brush up on your understanding of credit and trading risk management. Familiarise yourself with key concepts like exposure metrics and stress testing, as these will likely come up during the interview.
✨Stay Updated on Market Trends
Keep an eye on recent developments in capital markets, especially those affecting risk management, such as new regulations or market structure changes. Being able to discuss these topics will show your genuine interest and knowledge in the field.
✨Prepare for Technical Questions
Since this role requires familiarity with quantitative techniques, be ready to tackle some technical questions. Brush up on your coding skills, particularly in Python and Excel, and be prepared to explain how you've used these tools in past experiences.
✨Build Relationships with Stakeholders
Think about how you can demonstrate your collaboration skills. Prepare examples of how you've successfully worked with different teams in the past, as this role involves close interaction with various stakeholders across the business.