Senior Associate, Trading - BNY

Senior Associate, Trading - BNY

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
J

At a Glance

  • Tasks: Join our Securities Finance team to optimise revenue through client securities lending.
  • Company: BNY is a leading global financial services company impacting 20% of the world's investible assets.
  • Benefits: Enjoy competitive pay, flexible resources, generous paid leave, and volunteer time.
  • Why this job: Be part of an innovative, inclusive culture that values your perspective and fosters growth.
  • Qualifications: A levels in Maths & Economics or equivalent degree; relevant financial markets experience preferred.
  • Other info: Located in London, this role offers a chance to work with a top-rated employer.

The predicted salary is between 43200 - 72000 £ per year.

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the centre of the world's financial system, we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world.

We're seeking a future team member for the role of Senior Associate, Trading to join our Securities Finance team. This role is located in London.

In this role, you'll make an impact in the following ways:

  • Interface with borrowers and BNY Mellon's global securities lending trading desks to optimize revenue by effectively lending client securities in accordance with client, bank, and regulatory guidelines.
  • Negotiate with borrowers to price transactions based on market supply and demand factors with the ability to make prompt decisions and react to daily market changes.
  • Establish and maintain strong relationships with borrowers and internal partners including global trading desks, trade support, product and client servicing teams.
  • Monitor the trading book closely and ensure effective risk management to avoid any exposure to both BNY Mellon and clients, particularly around corporate actions and liquidity management in those markets with punitive settlement regimes.
  • Work closely with operations teams to minimize all risk situations.
  • Liaise with trade support, collateral and corporate actions teams to promote efficiencies throughout the trading process.
  • Provide analytical support to senior traders to help maximize return from BNY Mellon's lending portfolio.
  • Analyze and interpret data, in order to make, support, and articulate trading decisions.
  • Assist the trading team in the review, integration and deployment of new and existing technology tools to further automate trading processes.
  • Evaluate client portfolios for the purposes of performance reviews and future revenue estimates.
  • Understand & optimize impact of trades on business metric ROC/RWA.
  • Assist and help to produce and provide market commentary to client facing peers or direct to clients.

To be successful in this role, we're seeking the following:

  • Maths & Economics A levels or equivalent Degree.
  • Relevant experience in financial markets and securities lending preferred.
  • Good technology skills.

At BNY, our culture speaks for itself. Here are a few of our awards:

  • America's Most Innovative Companies, Fortune, 2024.
  • World's Most Admired Companies, Fortune 2024.
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024.
  • Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024.
  • Most Just Companies, Just Capital and CNBC, 2024.
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024.
  • Bloomberg's Gender Equality Index (GEI), 2023.

Our 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 leaves, including paid volunteer time, that can 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.

Senior Associate, Trading - BNY employer: Jobs via eFinancialCareers

At BNY, we pride ourselves on fostering a culture that empowers our employees to thrive and innovate within the dynamic financial services sector. Located in London, our team enjoys a collaborative work environment that prioritises inclusivity and personal growth, alongside competitive compensation and comprehensive benefits that support both professional and personal well-being. Join us to be part of a leading global firm where your contributions directly impact the financial landscape and help make money work for the world.
J

Contact Detail:

Jobs via eFinancialCareers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Associate, Trading - BNY

✨Tip Number 1

Familiarise yourself with the latest trends in securities lending and trading. Understanding current market dynamics will not only help you during interviews but also demonstrate your proactive approach to staying informed in a fast-paced environment.

✨Tip Number 2

Network with professionals in the financial services industry, especially those working in trading or securities lending. Attend relevant events or webinars to make connections that could provide insights into BNY's culture and expectations for the Senior Associate role.

✨Tip Number 3

Prepare to discuss your analytical skills and how you've used data to inform trading decisions in past roles. Be ready to share specific examples that highlight your ability to interpret data and make quick, informed decisions under pressure.

✨Tip Number 4

Research BNY's recent achievements and awards, particularly those related to innovation and inclusivity. Being able to reference these in your conversations will show your genuine interest in the company and align your values with theirs.

We think you need these skills to ace Senior Associate, Trading - BNY

Strong Analytical Skills
Understanding of Financial Markets
Securities Lending Knowledge
Risk Management
Negotiation Skills
Relationship Management
Data Analysis and Interpretation
Technology Proficiency
Market Commentary Production
Performance Evaluation
Attention to Detail
Decision-Making Skills
Communication Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial markets and securities lending. Use specific examples that demonstrate your ability to optimise revenue and manage risk, as these are key aspects of the role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at BNY and how your skills align with their needs. Mention your understanding of trading processes and your ability to analyse data to support trading decisions.

Highlight Technical Skills: Since good technology skills are essential for this position, be sure to mention any relevant software or tools you are proficient in. This could include trading platforms, data analysis tools, or any automation technologies you've worked with.

Showcase Relationship Management: Emphasise your experience in establishing and maintaining strong relationships with clients and internal partners. Provide examples of how you've successfully collaborated with teams to achieve common goals, particularly in a trading environment.

How to prepare for a job interview at Jobs via eFinancialCareers

✨Understand the Trading Landscape

Before your interview, make sure you have a solid grasp of current market trends and how they impact trading. Familiarise yourself with recent news in financial markets, especially related to securities lending, as this will demonstrate your proactive approach and genuine interest in the role.

✨Showcase Your Analytical Skills

As a Senior Associate in Trading, analytical skills are crucial. Be prepared to discuss specific examples where you've used data analysis to inform trading decisions or optimise portfolios. Highlight any relevant tools or technologies you've used to support your analyses.

✨Emphasise Relationship Management

This role requires strong relationships with borrowers and internal teams. Prepare to share experiences where you've successfully built and maintained professional relationships, particularly in high-pressure situations. This will show your ability to collaborate effectively within a trading environment.

✨Prepare for Technical Questions

Expect technical questions related to risk management, corporate actions, and liquidity management. Brush up on key concepts and be ready to explain how you would handle various scenarios. This preparation will help you convey confidence and expertise during the interview.

Senior Associate, Trading - BNY
Jobs via eFinancialCareers
J
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>