At a Glance
- Tasks: Lead a dynamic trading team and execute complex orders for our buy-side clients.
- Company: Join BNY, a global leader in financial services with a culture of innovation.
- Benefits: Enjoy competitive pay, flexible resources, and generous paid leave for personal moments.
- Other info: Be part of a company recognised for innovation and excellence in the financial industry.
- Why this job: Make a real impact in finance while collaborating with cutting-edge technology and talented teams.
- Qualifications: Experience in institutional trading and strong leadership skills are essential.
The predicted salary is between 75600 - 92400 £ per year.
We’re seeking a future team member to join our Buy-Side Trading Solutions Team. This role is located in London. In this role, you’ll make an impact in the following ways:
- Manage all aspects of executing complex order flow, in support of BNY’s buy-side clients and in accordance with our best execution procedures.
- Ensure client orders are executed in an efficient, timely, cost-effective manner, and in line with trade instructions.
- Work closely with peers in middle office and with counterparties to ensure efficient and accurate booking of trades.
- Collaborate with the investment team, trade support, quantitative research and engineering teams to evolve trading practices and ensure efficient implementation of investment decisions.
- Maintain and develop constructive relationships with clients, vendors and counterparties in a bid to constantly improve our processes.
Dealing Responsibilities
- As a senior member of the dealing team, perform dealing activities in support of a multi-asset book of business.
- Responsible for ensuring that investment objectives and constraints are considered when devising execution strategy.
- Monitor quality of execution in real time and manage risk of execution through trade completion.
- Grow and maintain relationships with broker-dealers.
- Continuously review, update, consolidate and distribute activity reports and dashboards to various stakeholders.
- Leverage existing relationships with consultants / benchmark vendors to increase the breadth and depth of relevant benchmarking data regarding brokerage practices, commission usage and order handling practices, while identifying and developing new sources of relevant data and insight.
- Regularly meet client stakeholders, present to client governance committees, and attend due diligence meetings.
Management Responsibilities
- Manage a team of trading professionals who support a range of client stakeholders, such as Portfolio Managers, Client Service and Compliance.
- Originate inventive trading solutions, rooted in technology and quant research.
- Develop detailed business requirements and work closely with Project Management and Technology teams to map the requirements to technical specifications and drive the implementation.
- Facilitate the analysis of client and business needs and manage related documentation.
- Guide the team's production of management reporting and analyses.
- Establish and document operating procedures in support of daily trading activities.
- Explain trading and technical concepts and analyses to non-trading, non-technical audiences.
- Deliver reports and presentations to senior leaders.
- Be a leader in market structure globally and across all asset classes.
- Recruit, direct, motivate and develop staff, maximizing their individual contribution, professional growth, and ability to function effectively with colleagues as a team.
- Produce and distribute quarterly client reports, and quarterly and annual board reports on commission activity, research consumption, counterparty use, broker/dealer performance and related trends.
- Ensure compliance with appropriate regulatory regimes regarding client commission usage across all relevant global markets.
- Implement, oversee, and report on client-directed commission requests, while ensuring compliance with strategy-based target percentage guidelines.
To be successful in this role, we’re seeking the following:
- Technical: Deep practical experience with Institutional Trading, TCA, Commission Management and Regulation.
- Demonstrable experience of successfully reporting across asset classes, globally.
- Extensive relevant professional experience in a reporting or analytical function.
- Expertise in dealing with large data sets and strong problem-solving skills is essential.
- Experience in dealing across equities, fixed income, foreign exchange, and derivatives markets.
Leadership:
- A proven strategic thinker, able to translate and disseminate business strategy into the dealing function, creating a clear and aligned dealing-specific strategy.
- Demonstrable experience of successful team management, including: Creating and sustaining a high performing team.
- Positive outcomes of collaborative engagement in career development activities, succession planning, performance management etc.
- Strong adaptable communication style: Proven ability to effectively communicate with stakeholders and team members across all levels of the business.
- Experienced presenter with the ability to effectively deliver findings and technical information to a wide range of audiences.
- Solution oriented, ability to anticipate issues, proactively course correct and successfully and constructively avoid / solve problems with tenacity and positivity.
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.
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.
Full time Posting Date: 2026-09-10
Trading Manager in London employer: The Bank of New York Mellon
At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making it an exceptional place for professionals in the financial services sector. Located in London, our team enjoys access to cutting-edge technology and a commitment to employee growth through competitive compensation, comprehensive benefits, and a focus on wellbeing. Join us to be part of a forward-thinking organisation that values bold ideas and empowers you to make a meaningful impact in the world of digital assets and payments.
Contact Details:
The Bank of New York Mellon Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Trading Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like The Bank of New York Mellon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trading Manager in 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 The Bank of New York Mellon.
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 The Bank of New York Mellon'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 The Bank of New York Mellon
✨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 The Bank of New York Mellon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at The Bank of New York Mellon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former The Bank of New York Mellon 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.