Job DescriptionRole SummaryThe primary objective of the Senior Specialist, Trading role is to collaborate and provide assistance to the trading desk by executing and monitoring trading.
This position is located in our New York City office.
In this role, you'll make an impact in the following ways:- Communicating market prices and liquidity conditions to trading desk and Portfolio Managers.
- Managing intra-day cash positions across a variety of investment products including money market funds and separate accounts.
- Assisting in managing market and liquidity risk.
- Working independently with delegated responsibilities from more senior traders, which includes the pricing of securities and executing term transactions.
- Liaising with operations and support teams through the life cycle of the trade to ensure proper trade settlement.
- Completing assigned market research for trading team, distribution, and clients.
- Handling routine trading desk inquiries and runs reports as necessary.
To be successful in this role, we're seeking the following:- Bachelor's degree or the equivalent combination of education and experience.
- 2-5 years money market/short fixed income experience.
- Experience trading money market instruments preferred.
- Strong interest in financial markets. Ability to work under pressure in fast-paced trading environment.
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 assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.