Senior Associate, Equities Trading

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, Equities Trading to join our Global Equities Team. This role is located in New York, NY - 5 days a week in office.

In this role, you'll make an impact in the following ways:

• Execute highly complex and large trade orders as part of ETF Market Making, including managing trading positions and hedging, generating trading axes for sales and monitoring RFQs.
• Develop and maintain a strong infrastructure for pricing by expanding app-based risk and pricing visualization via on-desk development of logic and framework.
• Utilize a strong understanding of electronic equity markets, on and off exchange equity liquidity, and market micro-structure for the most cost effective and efficient execution.
• Write daily market commentary, which combines quantitative and qualitative elements, as well as collaborating with macro research elements of the broader enterprise.
• Build and maintain mathematical models for ETF and derivative pricing.
• Provide reports on pricing and trading strategies based on research and data gathered by third party vendors.
• Liaise with internal compliance, credit and risk functions on execution and trading related matters and functions.

To be successful in this role, we're seeking the following:

• Bachelors degree or the equivalent combination of education and experience is required.
• 3+ years of total work experience preferred.
• Experience in ETF Trading preferred.
• Familiarity with Fixed Income and Delta One products preferred.
• FINRA series 7, 63 and 57 licensure, or agreement to obtain, required.

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 $78,000 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.