Vice President/Director, Portfolio Manager & Derivatives Trader
Location: Schiller Park
Posted on: June 23, 2025
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Job Description:
SpiderRock Advisors, LLC (“SRA”), a wholly owned subsidiary of
BlackRock, vertically integrated in US Wealth Advisory,
headquartered in Chicago, IL, is a rapidly growing
technology-enabled provider of derivatives solutions to the wealth
management and institutional allocator segments of the ~$80
trillion global asset management industry. SRA specializes in the
design and implementation of customized derivative solutions and
overlay strategies for institutions, wealth managers and their
clients. SRA is seeking an energetic and talented Portfolio Manager
& Derivatives Trader responsible for understanding the nuances of
multiple asset classes (ex. Equities, Futures, FX, Fixed Income,
etc.) and supporting high performance quantitative execution in an
internal and client/external facing role. This role is a part of a
dynamic and rapidly evolving team responsible for portfolio design,
risk management, data analytics, quantitative analysis and
research, and scalable automated options trading. Key
Responsibilities: • Operate, develop and improve trading and
portfolio management infrastructure and proprietary software •
Conduct quantitative research and statistical analysis to improve
management and performance of client portfolios • Support thought
leadership research around improving portfolio outcomes through the
use of options to reshape portfolio return distributions,
facilitate portfolio transition, and optimize after-tax investment
results • Manage and articulate to both institutional and retail
clients for their customized mandates • Write, debug, and test
software written in Python • Make continuous improvements to the
strategies and solutions and test environment based on market
conditions • Apply creativity and technical skills to elicit
objective answers from historical data • Adapt economic and
financial theory to answer real life complex business problems •
Find and visualize patterns and trends in analyzed data • Provide
in-depth investment research and present findings to SRA’s
Investment Committee • Analyze structured finance products, company
financials and market data • Document workflows, processes, and
products. • Formulate compelling written deliverables. • Create
compelling reports and presentations for internal teams and/or
external clients • Create presentations with charts and graphs to
present to supervisors, and clients Key Qualifications: •
Bachelor’s, Master’s, or PhD degree in Computer Science,
Engineering, Statistics, or a similar Science, Technology,
Engineering or Mathematics discipline • At least 5 years of
experience in a similar role. • 3 or more years of experience with
Python programming, knowledge of R a plus • Familiarity with order
management and trading systems, and ability to troubleshoot
day-to-day issues. • Experience with manipulating large data sets
using common databases/query tools (ex. SQL). • Experience with
algorithmic trading features, market microstructure, FIX protocol,
and clearing operations etc, in any asset class. • Experience with
conducting Transaction Cost Analysis (“TCA”) oriented research is a
plus. • Product knowledge of equity options is required; knowledge
of multiple asset classes is a plus. • Knowledge of business
intelligence software (AWS QuickSight) • Strong familiarity with MS
Office suite (Word, Excel, PowerPoint). • Outstanding
communication, organizational skills, and professionalism.
Keywords: , Rockford , Vice President/Director, Portfolio Manager & Derivatives Trader, Accounting, Auditing , Schiller Park, Illinois
