Vice President, ETF Capital Markets - Primary Markets

About this role

The BlackRock Global Markets – US iShares Capital Markets team is responsible for growing, protecting, and advancing the trading of the US iShares ETF platform. The team leads all aspects of primary and secondary market ETF trading and plays a critical role in safeguarding market quality across a diverse and expanding product set. We actively identify, analyze, and mitigate trading frictions that may impact ETF investors, while partnering with liquidity providers, exchanges, regulators, and internal stakeholders to strengthen and evolve the ETF ecosystem.

Your role and impact

The Vice President position is based in New York and will play a leadership role in the management and oversight of the ETF Primary Market platform, with accountability for daily order flow, risk management, and platform integrity across market environments. This role serves as a senior conduit between external trading firms, market infrastructure providers, portfolio management, product teams, and internal control partners.

The VP is expected to bring ETF ecosystem expertise across asset classes, with particular focus on complex products, stressed market conditions, and evolving market structure. Protecting the primary market platform through proactive risk identification and decisive action is a core responsibility, including leadership during periods of heightened volatility or operational disruption.

In addition to day‑to‑day platform oversight, this role will drive strategic initiatives that improve market efficiency, reduce friction, and expand ecosystem participation. The VP will be expected to influence outcomes across functions, help set direction for the team, and contribute to the continued evolution of iShares’ primary market capabilities.

Your responsibilities

• Act as a senior risk owner for the ETF primary market platform, ensuring robust controls and protecting ETF shareholders across market conditions.

• Provide leadership in managing daily primary market activity, including oversight of order taking, risk exposures, and operational escalations.

• Serve as a subject matter expert in ETF trading and market structure, advising internal partners and external participants on complex trading, basket construction, and liquidity considerations.

• Lead engagement with external liquidity providers and Authorized Participants, strengthening strategic relationships and driving initiatives that improve trading efficiency, participation, and resilience.

• Partner closely with portfolio managers, product development, legal, compliance, and operations to influence product design, basket policy, and trading process enhancements.

• Drive cross‑functional initiatives with technology and platform teams, helping prioritize, test, and implement enhancements to the primary market platform and supporting infrastructure.

• Analyze ETF trading and flow data to identify trends, risks, and opportunities, and translate insights into actionable recommendations for senior stakeholders.

• Act as a point of escalation and decision‑maker during market events, applying sound judgment under pressure and coordinating responses across internal and external partners.

• Contribute to the development of junior talent through mentorship, knowledge sharing, and leadership by example.

You have…

• 5–10 years of relevant industry experience with strong knowledge of ETF primary and secondary trading, and ETF market infrastructure.

• Demonstrated experience managing risk, making decisions under pressure, and understanding downstream impacts across products and platforms.

• Proven ability to operate with a high degree of accountability, discretion, and judgment in a fast‑paced environment.

• Strong relationship‑building skills with the ability to influence across functions, seniorities, and external counterparties.

• Excellent written and verbal communication skills, with experience communicating complex concepts clearly to diverse audiences.

• Comfort with ambiguity and change, paired with a proactive, solutions‑oriented mindset.

• Series 7 and 63 required (or ability to obtain post‑hire).

• Prior ETF Capital Markets, trading, ETF servicing, or closely related experience strongly preferred.

For New York, NY Only the salary range for this position is USD$155,000.00 - USD$210,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.