At a Glance
- Tasks: Lead the Markets Control team to enhance supervisory frameworks and ensure regulatory compliance.
- 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 growth in a supportive and diverse workplace.
- Why this job: Make a real impact in financial markets while developing your career in a dynamic environment.
- Qualifications: Experience in FX trading and strong analytical skills are essential.
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 of Vice President, Supervision and Conduct Controls 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 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 competitive compensation, comprehensive benefits, and a strong focus on wellbeing. Join us to be part of a team that values excellence and supports your professional journey in a vibrant financial hub.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Supervision and Conduct Controls
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work at BNY or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FX products and market structures. We want you to be able to discuss your experience confidently and show how it aligns with the role's requirements.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss specific examples where you've interpreted market events or identified anomalies. This will demonstrate your investigative mindset and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Vice President, Supervision and Conduct Controls
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 is your chance to shine! Use it to explain why you're the perfect fit for the role and how you can enhance our Markets Control team. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've used these skills in past positions. We love seeing concrete examples that demonstrate your investigative mindset!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
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’re not just familiar with the terminology but can also apply this knowledge practically.
✨Understand Regulatory Frameworks
Familiarise yourself with global regulations such as FINRA, MiFID, and MAR. Be prepared to discuss how these regulations impact the Markets Control team and how you can promote a strong regulatory mindset within the business.
✨Demonstrate Analytical Skills
Prepare examples from your past experience where you've used your investigative skills to identify anomalies in trading behaviour. This will highlight your analytical mindset and ability to interpret market events effectively.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly, especially when discussing compliance policies and procedures. Strong oral and written communication skills are essential for this role, so consider doing mock interviews to refine your delivery.
