Job Description
VP, Equity 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 is all about.
We’re seeking a future team member for the role of VP, Equity Trading to join our Wealth Management Investment team. This role is located in New York, NY or Pittsburgh, PA (HYBRID)
In this role, you’ll make an impact in the following ways:
- Execute highly complex and large trade orders in an efficient, timely and cost-effective manner
- Price transactions and connect with clients to determine their needs regarding vehicles being utilized and volume of activity
- Manage a book of business, which includes managing risk, capital requirements, profit and loss, volatility, limits and bids/ask spreads
- Work with moderately sized or complex client accounts or products and execute client orders.
- Maintain broad expertise in all product offerings and work with our clients to determine appropriate securities to utilize and trade in their portfolios
- Provide strategic and tactical market advice to sales staff and clients
- Carefully manage risk associated with trades
To be successful in this role, we’re seeking the following:
- Bachelor’s degree or the equivalent combination of education and experience is required
- 3-7 years of total work experience preferred
- Exposure to equity middle office operations and settlements is desirable
- Experience in equity trading or brokerage required, ideally with large block trading activity
- Experience with algorithmic trading platforms is advantageous
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 $90,500 and $209,400 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.
