Job DescriptionWe're seeking a future team member for the role of Vice President, ETF Trader to join our Global Markets team. This role is located in New York, NY
In this role, you'll make an impact in the following ways:
- Executes highly complex and large trade orders in an efficient, timely and cost-effective manner.
- Manages risk associated with trades and identifies problems and provides solutions within established trading strategies and procedures.
- Develop/utilize analytical and AI-enabled trading tools to better understand ETF positions, risk exposures;
- Access ETF liquidity through creation/redemption process with an understanding on NAV strike, FX Benchmarks, and anticipation of settlement difficulties.
- Manages a book of business, which includes managing risk, capital requirements, profit and loss, volatility, limits and bids/ask spreads.
- Maintains broad expertise in ETF offerings and works with clients to determine appropriate strategies to utilize in trading.
- Provides strategic and tactical market advice to sales staff and clients.
- Provides reports on pricing and trading strategies based on research and data.
- Liaises with internal compliance, credit and risk functions on execution and trading related matters and functions.
To be successful in this role, we're seeking the following:
- Bachelor's degree or the equivalent combination of education and experience is required.
- 4+ years of total work experience preferred.
- Quantitative skillset and experience with some combination of object-oriented programming and SQL is a plus.
- Applicable local/regional licenses or certifications as required by the business.
- Intellectually curious, self-starter mindset - capable of grasping complex concepts and workflows and a desire to continually improve.
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.