At a Glance
- Tasks: Enhance accountability and develop controls for BNY Markets execution business.
- Company: Join BNY, a leading global financial services company driving transformative solutions.
- Benefits: Dynamic culture, growth opportunities, and the chance to work with cutting-edge technology.
- Other info: Be part of a team that influences 20% of the world’s investible assets.
- Why this job: Make a real impact in finance while collaborating with top talent and innovative tech.
- Qualifications: Experience in FX trading and strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
The Markets Control team is a dynamic team working to support the BNY Markets execution business in FX, Fixed Income and Equities, Liquidity and Margin Services and Securities Finance. We’re seeking a future team member for the role of Vice President, Supervision and Conduct Controls to join our Global Markets Controls team. This role is located in London.
This position is within the Markets Control team. The successful candidate will be able to operate with minimal oversight and will help enhance accountability and reinforce the control capabilities of BNY Markets. This will be achieved through the development of mitigating controls to strengthen the Markets Control Supervision framework.
Examples of control that strengthen the supervisory framework include Cancel & Amends, Trader Mandate exception alerting, out-of-hours and off-premises trading checks. The successful candidate will be able to understand and assist with interpreting trade and booking workflows and apply that knowledge to the development of associated controls.
The candidate will help to promote a strong regulatory mindset across the Markets business through a thorough knowledge and understanding of both global regulation (FINRA/MiFID/MAR) and financial markets. The candidate will be able to provide regulatory input into market abuse surveillance activities, dealing with enquiries from second line Compliance surveillance colleagues, assisting with compilation of the market abuse risk assessment and where required, assisting with market abuse parameter reviews.
The candidate will also have a solid understanding of pricing dynamics in global markets and be responsible for helping oversee pricing check controls for FX, Equities and Fixed Income trading, operated by the first line Controls team through proprietary tools. The candidate will be able to identify and escalate to the business instances where clients may not have received best execution and manage associated governance meetings, where best execution is reviewed. Where proprietary tools need to be developed or further enhanced, the candidate will be able to deal with model risk partners and manage the product development lifecycle working with development teams.
To be successful in this role, we’re seeking the following:
- 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.
- Oral and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
- Bachelor’s degree or master’s degree preferred.
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
Vice President, Supervision and Conduct Controls (London) employer: BNY
At BNY, we pride ourselves on being an exceptional employer, particularly for the Vice President, Data Transfer – Integration & Quality role in London. Our commitment to a culture of excellence is reflected in our competitive compensation and comprehensive benefits, including generous paid leave and volunteer time, which support both personal and professional growth. We foster an inclusive environment that champions innovation and collaboration, providing ample opportunities for career advancement while ensuring our employees are equipped with the resources they need to thrive.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Supervision and Conduct Controls (London)
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We think you need these skills to ace Vice President, Supervision and Conduct Controls (London)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BNY.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BNY's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BNY
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BNY.
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✨Network with Industry Professionals
Before your interview, reach out to current or former BNY employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
