Vice President, ETF Trading

BNY Mellon • New York, NY

4d • Onsite

About The Position

We’re seeking a future team member for the role of Vice President, ETF Trader to join our Global Markets team. This role is located in New York, NY. In this role, you’ll make an impact in the following ways: Executes highly complex and large trade orders in an efficient, timely and cost-effective manner. Manages risk associated with trades and identifies problems and provides solutions within established trading strategies and procedures. Develop/utilize analytical and AI-enabled trading tools to better understand ETF positions, risk exposures; Access ETF liquidity through creation/redemption process with an understanding on NAV strike, FX Benchmarks, and anticipation of settlement difficulties. Manages a book of business, which includes managing risk, capital requirements, profit and loss, volatility, limits and bids/ask spreads. Maintains broad expertise in ETF offerings and works with clients to determine appropriate strategies to utilize in trading. Provides strategic and tactical market advice to sales staff and clients. Provides reports on pricing and trading strategies based on research and data. Liaises with internal compliance, credit and risk functions on execution and trading related matters and functions.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience is required.
• 4+ years of total work experience preferred.
• Applicable local/regional licenses or certifications as required by the business.
• 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 object-oriented programming and SQL is a plus.

Responsibilities

• Executes highly complex and large trade orders in an efficient, timely and cost-effective manner.
• Manages risk associated with trades and identifies problems and provides solutions within established trading strategies and procedures.
• Develop/utilize analytical and AI-enabled trading tools to better understand ETF positions, risk exposures.
• Access ETF liquidity through creation/redemption process with an understanding on NAV strike, FX Benchmarks, and anticipation of settlement difficulties.
• Manages a book of business, which includes managing risk, capital requirements, profit and loss, volatility, limits and bids/ask spreads.
• Maintains broad expertise in ETF offerings and works with clients to determine appropriate strategies to utilize in trading.
• Provides strategic and tactical market advice to sales staff and clients.
• Provides reports on pricing and trading strategies based on research and data.
• Liaises with internal compliance, credit and risk functions on execution and trading related matters and functions.

What This Job Offers

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