Sr. Principal, Trading

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • BNY Mellon
  • 22 Sep 18 2018-09-22

Sr. Principal, Trading

Trading - IC5 Ensures the most complex and large trade orders in an efficient, timely and cost effective manner. Manages the work direction of daily client activity, improving client experience based on any feedback provided. Ensures transaction pricing are aligned with both bank and client requirements. Liaises with compliance and legal bodies to ensure risk and capital management policies are followed. Works with the most complex client accounts or products. Largely owns pricing processes for securities traded. Provides junior traders and clients with expertise regarding security vehicles and trading strategies to maximize portfolio performance. Maintains broad expertise in all product offerings. Manages risk associated with trades. Serves as a cross-functional resource on the needs assessment and trade execution strategies. Identifies high-risk problems and provide solutions, adjusting as necessary, within broad trading strategies and procedures. Provides strategic and tactical market advice to sales staff and clients. Develops pricing and trading strategies based on market research. Liaises with internal compliance, credit and risk functions on execution and trading related matters and functions. No direct reports. Provides daily work direction for less experienced Traders and assumes management responsibilities, as required.

Qualifications
Bachelors degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred. 10-12 years of total work experience preferred. Experience in trading or brokerage preferred. Applicable local/regional licenses or certifications as required by the business.
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/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-New York-New York
Internal Jobcode: 70629
Job: Global Markets
Organization: Fixed Income & Equity-HR06256
Requisition Number: 1810159