About this role
ETF & Index Investments :
BlackRock’s ETF & Index Investments (EII) manages over $4.9 trillion in global index equity assets across US Equities, Developed Markets, Emerging Markets, Commodities and REITs.
This includes BlackRock’s iShares product line, the leading provider of ETFs in the world, with over $3.0 trillion in assets under management across more than 1200 ETFs and the industry's broadest array of investment choices.
The EII team has offices in New York, San Francisco, London, Hong Kong, Tokyo, Singapore and Sydney. The EII APAC group serves institutional and retail clients in the Asia Pacific region, on ETFs and indexing investment solutions.
The ETF & Index Investing (EII) iShares Global Markets team is responsible for growing and protecting the trading of the APAC iShares product suite.
We are passionate about leading all aspects of primary and secondary market ETF trading. The team seeks to identify and mitigate trading frictions that could impact the market quality of iShares products.
In addition, Global Markets works alongside ETF market participants, such as liquidity providers, exchanges and regulators to strengthen and advance the ETF trading ecosystem.
Role Aim / Purpose :
The APAC EII Products and Markets Team works to deliver, manage and monitor iShares investment vehicles, relevant to our clients.
Professionals in the Global Markets function seek to improve the processing of iShares ETF orders for funds domiciled in the region and / or traded in Asian hours.
They are responsible for protecting and growing ETF trading (both primary and secondary) and developing and enhancing the ETF ecosystem, which encompasses investors, broker-dealers, market-makers, trading venues and technology providers.
This role provides an opportunity to be a key player in a strategic and dynamic environment with exposure to a wide variety of new product ideas and business processes, leveraging on BlackRock’s local and global resources.
Key Responsibilities are :
Primary Market Coverage : Lead the oversight of primary market activities (creations / redemptions), and implementation of solutions that develop the iShares Japan ETF platform to be best in class.
Secondary Market Surveillance : Monitor Japan ETF secondary trading landscape to ensure sufficient liquidity and improve the quality of our local product range both in absolute terms and relative to our competitors
Client Coverage : Offer institutional clients, insights into iShares ETF trading and liquidity and provide them cost efficient trading solutions.
Process Improvements : Define priorities and drive projects on the Japan iShares range, aiming to reduce trading frictions, minimise operational risk and enhance the competitive standing of the Japan iShares ETFs.
Broker Dealer and Market Maker Engagement : Enhance relationships with broker dealers, market makers, and other core counterparties to the Japan ETF ecosystem, to promote and improve the distribution of our ETFs to existing and potential clients.
Team Management : Grow into the role of being a team leader which includes managing junior members and helping with their career paths.
The position is based in Tokyo and reporting to the Head of iShares Product and Markets Japan.
The iShares ETF Global Markets specialist is a subject matter expert, who will work closely with APAC EII stakeholders and partner groups, such as Product, ETF Sales specialists, COO and Strategy, Portfolio Engineering, Trading and Technology, to grow the iShares franchise in Japan both in absolute and relative performance, using existing solutions or developing new ones, depending on the commercial opportunities, in alignment with our EII growth strategy.
Experience, Skills & Knowledge Required :
5 years + relevant experience in financial markets (asset management or investment banking) required
Ability to engage proactively traders and equity desks in investment banks, and speak their language . Trading experience in equities or fixed income desk of investment bank, a plus.
In-depth understanding of Japanese ETFs and related products (futures, options, mutual funds, private funds) from a structure and regulatory perspective.
Knowledge in global ETFs a plus
Demonstrates a high level of independence, problem solving, challenging status quo, ability to innovate, work under pressure and being comfortable taking ownership and primary responsibility for deliverables
Excellent written and verbal communication skills, ability to lead meetings and conduct effective briefings / presentations to clients and management, fluent in English and Japanese
Strong relationship management skills with both internal and external partners to deliver results
Strong professional integrity and ethics
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.