Full Job Description
We're seeking a future team member for the role of Vice President, Securities Lending Trader to join our Liquidity and Financing team. This role is located in New Jersey, NJ.
In this role, you'll make an impact in the following ways:
• Negotiate lending and borrowing of securities
• Increase profitability by optimizing collateral usage
• Develop and maintain client relationships with hedge funds and broker dealers/agent banks
• Manage inventory to maximize utilization and return on balance sheet
To be successful in this role, we're seeking the following:
• Bachelors degree in finance, economics 3 years related experience in securities finance/agency repo trading
• Strong analytical skills problem solving capabilities
• Intermediate to Advanced spreadsheet proficiency
• Excellent interpersonal skills for negotiating with counterparties and coordinating with internal teams
• Series 7, 63 required
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 base salary for this position is expected to be between $80,000 and $209,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.