At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center 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. This is what #LifeAtBNY is all about. We're seeking a future team member for the role of Senior Associate, Trading to join our Securities Finance Principal Trading team. This role is located in New York City - HYBRID. In this role, you'll make an impact in the following ways:
- Assist in day-to-day trading operations.
- Work directly with clients on a daily basis to understand and satisfy their specific needs and requirements.
- Ensure all locate files, trade files, position files are received/processed, assist in trade settlement and reconciliation issues across the trading desks as well as custody settlements. Track trades and correct routine trade problems.
- Identify and create tactical solutions to create a better client experience and trading efficiencies for the desk by using available firmwide tools.
- Work closely and build solid working relationships with internal groups including but not limited to: Custody Ops, Sec Finance Ops, Sales & Relationship Management, Credit & Risk, Compliance and Legal.
To be successful in this role, we're seeking the following:
- Bachelor's degree or the equivalent combination of education and experience is required.
- Experience in Alternative funds, Asset managers and other complexes preferred.
- Requires strong people skills/communications skills - daily interaction with clients.
- 1-3 years of total work experience preferred.
- No direct experience required but we are looking for a highly motivated individual who is a team player and keen to learn and develop the skills required for the role.
- High level proficiency in the use of Microsoft Office Suite, specifically Excel is essential.
- Some basic programming skills technology such as Python preferred.
At BNY, our culture speaks for itself. Here's 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.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $67,000 and $136,000 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.
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