BNY Mellon Careers

Senior Trader II

New York, New York

Job Description

Trade on behalf of BNYM clients in assigned currencies and products. Manage a book of business including risk, profit and loss, liquidity, volatility, limits, bid/ask spreads, etc. Manage currency and interest rate risk associated with completed trades. May undertake proprietary risk positions in the interbank market to profit from currency or interest rate movements as well as arbitrage opportunities. Execute or supervise the execution of client orders. Manage nostro account balances to ensure efficient funding of trading activities across multiple currencies. Provide strategic and tactical market advice to sales staff and clients. Incumbent must have an advanced knowledge of the foreign exchange market gained through applicable experience and education. Incumbent should have an in-depth understanding of global market influencers such as economic and political conditions, the balance of trade, inflation rates, government regulations, etc. Incumbent is typically seen as a subject-matter expert within the organization and is sometimes asked to provide strategic advice and direction for the unit. Incumbent must possess exceptional analytical and mathematical skills and experience with spreadsheets and data management. Incumbent typically works with very large, high-risk or complex client accounts or products. Incumbent will work independently on assignments. Incumbent receives minimal daily oversight. Incumbent is required to identify problems and provide innovative or unprecedented solutions. Incumbent's work quality and efficiency have a significant and direct impact on revenue generation. Incumbent is responsible for managing very-large net open position limits. Incumbent has direct interactions with BNYM clients. Incumbent will represent BNYM to members of the media and press.Incumbent interacts regularly with other members of the trading team. Incumbent has regular interaction with the sales team.Incumbent must have exceptional verbal and written communication skills and the ability to convey technical information to non-technical audiences.


 Bachelor's degree required, MBA preferred. Completion of applicable FINRA series examinations and registration. 10 to 15 years experience.

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

Global Markets, through its Foreign Exchange, Derivatives, BNY Mellon Capital Markets, LLC and BNY Mellon Capital Markets EMEA Limited businesses, provides a broad array of products and services for corporate, institutional and high-net-worth investors to choose among various vehicles aimed at protecting principal, providing growth and managing risk.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-New York-New York
Internal Jobcode: 22280
Job: Trading
Organization: FX-HR11066
Requisition Number: 1711899