What are the responsibilities and job description for the Senior Associate, Trading Services position at BNY External Career Site?
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, Trading Services to join our Archer team. This role is located in Berwyn, PA– Hybrid.
In this role, you’ll make an impact in the following ways:
Analysis and Order Generation of retail SMA accounts for Archer SMA clients, including daily maintenance trading, across-the-board order generation, and drift analysis.
Management and periodic reconciliation of SMA manager models.
Delivery and management of UMA (Model Only) data to manager’s sponsor relationships.
Providing superb middle and back-office services to our partner investment managers
Contribute to the maintenance and continuous improvement of the firm’s policies and procedures
Assist Trade Administration Manager on ad-hoc projects as needed.
Trade error analysis and resolution.
Performing other functions as required
Actively engage with market data providers
Validate and reconcile data gaps utilizing additional market data sources
Working smart together and closely with internal teams to ensure account performance and applied corporate actions have desired transactional outcomes
To be successful in this role, we’re seeking the following:
Bachelors degree or the equivalent combination of education and experience is required
Operational investment management experience preferred
Knowledge of the principles and practices within the investment management industry preferred
Experience working with Fiserv Security APL, model delivery and/or SMA trading platforms preferred
Experience working under tight timelines, producing accurate results, and mitigating risks preferred
Strong analytical, research, and problem-solving skills as well as attention to detail
Excellent verbal and written communication skills
Detail-oriented and highly motivated
Self-starter, ability to work effectively in a team environment.
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.
