At a Glance
- Tasks: Enhance supervisory controls and promote regulatory compliance in a dynamic trading environment.
- Company: Join BNY, a leading financial institution with a strong culture of excellence.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Opportunity for career growth in a supportive and diverse workplace.
- Why this job: Make a real impact in the fast-paced world of finance and trading.
- Qualifications: Experience in FX trading and strong analytical skills required.
The predicted salary is between 80000 - 100000 € per year.
The Markets Control team is a dynamic team that supports the BNY Markets execution business in FX, Fixed Income, Equities, Liquidity and Margin Services, and Securities Finance. The role will be based in London and will operate with minimal oversight to enhance accountability, reinforce control capabilities, and strengthen the Markets Control Supervision framework.
Responsibilities
- Develop and enhance mitigating controls to strengthen the supervisory framework, including Cancel & Amends, Trader Mandate exception alerting, out-of-hours and off-premises trading checks.
- Interpret trade and booking workflows and apply that knowledge to the development of associated controls.
- Promote a strong regulatory mindset across the Markets business through thorough knowledge of global regulation (FINRA, MiFID, MAR) and financial markets.
- Provide regulatory input into market abuse surveillance activities, handle enquiries from second‑line compliance surveillance colleagues, assist with the compilation of the market abuse risk assessment, and support market abuse parameter reviews.
- Oversee pricing check controls for FX, Equities and Fixed Income trading with the first‑line Controls team, using proprietary tools and ensuring best‑execution governance.
- Identify and report instances where clients may not have received best execution; manage associated governance meetings and liaise with model‑risk partners for product development.
Qualifications
- Significant experience in FX trading, ideally across G10 and/or EM currencies.
- Deep knowledge of FX products including spot, forwards, swaps, NDFs and options.
- Strong understanding of FX market structure, pricing mechanics, liquidity, spreads, and execution channels.
- Ability to interpret market events and distinguish legitimate trading behavior from potential anomalies.
- Experience in surveillance, conduct risk, front‑office controls, trade review or electronic trading oversight is highly desirable.
- Investigative skills and an analytical mindset are essential.
- Excellent oral and written communication skills in English, with the ability to understand compliance policies and to allocate tasks in accordance with procedures.
- Bachelor’s degree required; master’s degree preferred.
Benefits and Rewards
BNY offers highly competitive compensation, benefits and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leave, including paid volunteer time, to support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Vice President, Supervision and Conduct Controls in London employer: BNY
At BNY, we pride ourselves on being an exceptional employer, particularly for the Vice President, Supervision and Conduct Controls role based in London. Our dynamic work culture fosters accountability and innovation, while our commitment to employee growth is reflected in our comprehensive benefits and wellbeing programmes. With a focus on excellence and a strong pay-for-performance philosophy, we empower our team members to thrive both personally and professionally, making BNY a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Supervision and Conduct Controls in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already at BNY. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FX products and market regulations. We want to see that you can talk the talk and walk the walk!
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled complex problems in the past, especially in trading or compliance scenarios.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Vice President, Supervision and Conduct Controls in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Vice President role. Highlight your experience in FX trading and any relevant regulatory knowledge. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Share specific examples of your past achievements in supervision and conduct controls, and don’t forget to show your passion for the financial markets!
Showcase Your Analytical Skills:Since the role requires strong investigative skills, make sure to include examples that demonstrate your analytical mindset. We love seeing how you’ve tackled complex problems in the past!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at BNY
✨Know Your FX Products Inside Out
Make sure you brush up on your knowledge of FX products like spot, forwards, swaps, NDFs, and options. Being able to discuss these in detail will show that you understand the market structure and pricing mechanics, which is crucial for the role.
✨Demonstrate Your Regulatory Knowledge
Familiarise yourself with global regulations such as FINRA, MiFID, and MAR. Be prepared to discuss how these regulations impact the Markets business and how you can promote a strong regulatory mindset within the team.
✨Showcase Your Investigative Skills
Prepare examples from your past experiences where you've had to interpret market events or distinguish between legitimate trading behaviour and anomalies. This will highlight your analytical mindset and investigative skills, which are essential for the role.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly, both verbally and in writing. Since excellent communication skills are vital, consider preparing a few key points about compliance policies and how you would allocate tasks according to procedures.
