Vice President, Securities Lending Product

About this role

What team will you be on?

The Product team leads the innovation agenda for the securities lending business, to ensure we develop effective solutions on behalf of our clients. The group’s remit also includes planning the business' strategic direction, regulatory engagement and market structure initiatives.

Why is your role important?

We are looking for an experienced Product Manager to join our Securities lending Product team in HK. We see a wide range of opportunities for our global clients by advancing our product in APAC markets. Developing new lending markets through thought leadership, advocacy and industry engagement will be a key focus in this role. Other areas of focus will be collateral, counterparty and market structure initiatives. In addition to partnering with external stakeholders, such as counterparties, vendors and trade associations, close partnership with internal groups, such as legal, tax, operations, technology and the global Securities Lending business are key in developing solutions for our clients. The Product team is responsible for the full product development life cycle from developing ideas, advocating for them to prioritising and implementing. In addition to leading Product initiatives for APAC clients, the team also leads initiatives for our US and EMEA client base.

What will you be doing?

• Lead new market research and advocacy initiatives with internal and external stakeholders

• Partner with the Securities Lending trading team on capital and balance sheet efficiency initiatives

• Work with the Securities Lending client team on new client opportunities

• Lead collateral, counterparty and market structure initiatives and perform oversight of junior team members

• Provide thought leadership on the evolution of the Securities Lending market in APAC

• For most initiatives, close partnership with Trading, Portfolio Management, Operations, Legal, Compliance, Tax, Public Policy or other teams will be required

What are we looking for?

• An experienced product manager with strong financing market knowledge

• Excellent communication skills and a collaborative approach to problem solving

• Project management experience advantageous

• Self-motivated and curious, with a strong work ethic and positive team-orientated outlook

• 5+ years of experience in Securities Lending, Financing or adjacent markets is also advantageous

• Proficiency with Excel and experience in one or more of SQL, Python, VBA, Business Objects is beneficial 

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.