Sr. Portfolio Trade Execution and Operations Specialist Sr. Portfolio Trade Execution and Operations  …

BNY Mellon
in New York, NY
Permanent, Full time
Last application, 21 Jan 22
BNY Mellon
in New York, NY
Permanent, Full time
Last application, 21 Jan 22
Sr. Portfolio Trade Execution and Operations Specialist

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2021, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on . Follow us on Twitter @BNYMellon or visit our newsroom at for the latest company news.

Job Description:

As part of the Investor Solutions team, you will play a pivotal role in building and maintaining the business. The Portfolio Trade Execution and Operations Specialist is responsible for trade order execution and post trade operations for the Investor Solutions business across a variety of products including ETFs, Equities, Fixed income, Futures, FX, OTC Derivatives, Mutual Funds and Models, with ownership of the front to back workflow from point of execution to confirmation. You will have a dual run the bank & change the bank role. You will act as trade execution, liaising with Brokers and Vendors ensuring that users are set up in the systems, broker connectivity and contracts have been completed, commissions are correct and agreed and trade workflow has been tested successfully. You will also be responsible for trade execution and post trade operations, liaising with the outsourced middle and back office teams. This role has huge upward growth opportunity and exposure to Executive Management and Portfolio Managers on a daily basis.

Daily Responsibility is listed below:
  • Trade Execution set ups in both internal and external systems (Bloomberg, FX Connect, Aladdin)
  • Trade Execution Management of all security types in Aladdin and front to back workflow checks
  • Trade Confirmation and Booking process in Aladdin
  • Manual trade entry of orders when needed
  • Trade corrections
  • Run Broker Onboarding and maintain Broker relationships
  • Legal Document Requirements
  • Trade Workflow checks with external parties
  • Trade Transmission Testing
  • Settlement Mappings
  • Commission Mappings

Job Requirements:
  • Bachelors Degree
  • 5-10+ years experience
  • Strong understanding of trade lifecycle including execution and operations across securities and derivatives, ideally from a trade support / desk assistant perspective.
  • Proficiency working with Portfolio Management / Trading Systems: Aladdin, Bloomberg, FX Connect, FIX ML Connectivity
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