Senior Fixed Income Trader, Securitized Products

BNY Mellon • Boston, MA

3d • $83,000 - $209,000

About The Position

At BNY, our culture allows us to run our company better and enables employees’
growth and success. As a leading global financial services company at the heart
of the global financial system, we influence nearly 20% of the world’s
investible assets. Every day, our teams harness cutting-edge AI and breakthrough
technologies to collaborate with clients, driving transformative solutions that
redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet
advanced technology and exceptional talent. Together, we power the future of
finance – and this is what #LifeAtBNY is all about. Join us and be part of
something extraordinary.

We’re seeking a future team member for the role of Senior FI Trader, Securitized
Products to join our Buyside Trading Solutions team. This role is located in
Boston, MA.

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

Manage all aspects of executing complex order flow, as part of a buy-side
trading organization, and in accordance with best execution procedures
Ensure client orders are executed in an efficient, timely, cost-effective
manner, and in line with trade instructions. Work closely with peers in
middle office and with counterparties to ensure efficient and accurate
booking of trades
Collaborate with the investment team, trade support, quant research and
engineering teams to evolve our trading practices and ensure efficient
implementation of investment decisions.
Maintain and develop constructive relationships with our internal clients,
vendors and counterparties in a bid to constantly improve our processes
To be successful in this role, we’re seeking the following:
Bachelor’s degree or the equivalent combination of education and experience
is required.
4+ years of experience in institutional trading of Fixed Income products (FI)
with a particular focus on Securitized trading is preferred.
Quantitative skillset and experience with some combination of Python, R and
SQL is a plus.
Ability to multi-task and work in a fast-paced environment without
compromising attention to detail or risk management.
Intellectually curious, self-starter mindset - capable of grasping complex
concepts and workflows and a desire to continually improve

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 $83,000
and $209,000 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.

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.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience is required.
• 4+ years of experience in institutional trading of Fixed Income products (FI) with a particular focus on Securitized trading is preferred.
• Ability to multi-task and work in a fast-paced environment without compromising attention to detail or risk management.
• Intellectually curious, self-starter mindset - capable of grasping complex concepts and workflows and a desire to continually improve

Nice To Haves

• Quantitative skillset and experience with some combination of Python, R and SQL is a plus.

Responsibilities

• Manage all aspects of executing complex order flow, as part of a buy-side trading organization, and in accordance with best execution procedures
• Ensure client orders are executed in an efficient, timely, cost-effective manner, and in line with trade instructions. Work closely with peers in middle office and with counterparties to ensure efficient and accurate booking of trades
• Collaborate with the investment team, trade support, quant research and engineering teams to evolve our trading practices and ensure efficient implementation of investment decisions.
• Maintain and develop constructive relationships with our internal clients, vendors and counterparties in a bid to constantly improve our processes

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level