BNY Mellon Careers

Senior Associate – Foreign Exchange Prime Brokerage Client Services

Manchester, United Kingdom
Operations


Job Description

Job Purpose:

 

FX Prime Brokerage (FXPB) is a trade intermediation service, which allows clients to execute with a number of liquidity providers, including ECNs and Non-Bank Market Makers via their own trading connections, and then give the trade up post execution to BNYM who acts as single, centralized credit counterparty. FXPB is not involved in the execution or price formation process. It is a post trade service which allows clients to achieve margin, credit and operational efficiencies.  It offers automated, real-time matching, allocation and booking service with Intra-day credit controls for both clients and executing dealers. The Bank seeks an experienced client facing professional in Foreign Exchange and Options products to work in the newly developed Global Prime Brokerage Unit located in Manchester

Core Responsibilities:

  • Act as a central point of contact for the client , working with trading, compliance, risk, operations, and technology to ensure client’s business is fully supported
  • Responsible for trade verification, confirmation, settlement, accounting, allocations, collateral and reconciliation of FX  transactions for the client
  • Support trade operations and resolve client discrepancies
  • Ability to build strong client relationships through daily interactions and onsite/offsite meetings
  • Ability to recognize areas for process improvement for both client facing and internal technology and processes for the services group
  • Perform ad-hoc analysis/projects for clients
  • Participate in client visits and work closely with FX PB's to grow the client relationship across the firm

Qualifications

Qualifications:

•Knowledgeable of the FX market

•Understanding of the FX Trade lifecycle

•Ability to work under tight deadlines in a fast paced work environment

•Ability to work in a team environment

•Ability to multi-task

•Must have strong attention to detail

•Must possess a strong combination of both analytical and social skills

•Analysts must be aggressive, eager to learn, and willing to take on large projects

•Proficiency in Microsoft Excel, PowerPoint and Word

 

 



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: bnymellon.com/careers.

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 Employer.

Primary Location: United Kingdom-Greater Manchester-Manchester
Job: Operations
Internal Jobcode: 70691
Organization: MARKETS CENTRAL MANAGEMENT-HR15164
Requisition Number: 1805055