About this role
Business Unit Overview :
BlackRock’s Securities Lending business generates both incremental alpha for clients and significant firm revenue—about $3B in gross revenue, including $700M in direct revenue. The business is run by BlackRock Global Markets and Index Investments (BGM), with operations supported by GIO, and is used by 150+ global users through the SecLending Technology Platform. With 90% of trades executed automatically and ~140 orders per second, the platform operates as a high availability, low latency system.
Securities Lending (SecLending) involves temporarily transferring securities to a borrower for a fee while the lender retains ownership, with the borrower returning the securities on demand or at the end of the agreement.
About Aladdin
Aladdin® is an operating system for investment managers that connects the information, people, and technology needed to manage portfolios in real time. The platform combines sophisticated risk analytics with comprehensive portfolio management, trading, compliance, and operations tools to power informed decision-making, effective risk management, and scalable operational workflows. Aladdin is delivered to a global community of over 1,000 clients, with more than 100,000 end users worldwide.
Job Overview:
For Securities Lending to remain market leading, we are not only transforming the capabilities we offer to our clients but also invest in the re-architecture and modernization of the underlying platform and infrastructure. We must evolve Aladdin’s Sec Lending technology delivering a resilient, AI enabled, API-first platform that enables business growth, scale and automation, operational efficiency, and data driven decision making, while positioning Sec Lending technology as a commercial-grade product.
As Engineer in Inventory Management Squad, your responsibility involves design, build and maintain all Aladdin workflows related to managing the universe of lendable inventory and broadcasting available inventory to platforms and borrowers. This includes but is not limited to, reference data, Analytics, Signals, Grouping & Strategies, Trading Overlays and publishing inventory and targeted availability. Complexity of the Securities Lending business may require “cross-squad” partnership.
Being a member of Aladdin Engineering, you will be:
Responsibilities:
Skills and Experience:
Nice to have and opportunities to learn:
Our benefits
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.
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, race, religion, sex, sexual orientation and other protected characteristics at law.
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