What are the responsibilities and job description for the Vice President, Municipal Bond Trader position at BNY Mellon?
Vice President, Municipal Bond Trader
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 Vice President, Municipal Bond Trader to join our Wealth Management team. This role is located in Boston, MA.
In this role, you'll make an impact in the following ways:
- Provides assistance to the trading desk with client order execution.
- Liaises with support full allocation, settles issues on the life cycle of the trade.
- Facilitates orders for internal departments.
- Provides initial recommendations on the pricing of securities.
- May execute smaller or less complex trades and determine appropriate prices for transactions.
- Assists in the trading and management of a book of business.
- Functions independently with delegated responsibilities from more senior traders, which includes the pricing of securities and management of capital risk to maximize returns.
- Executes all correspondence requisites with a good understanding of the underlying business and specific client needs.
- Tracks trades and correct trade problems.
- Ensure all items are cleared up on a routine basis.
- Conducts problem analysis and identify opportunities for process improvement.
- Provides product knowledge and technical assistance as necessary and works with third party vendors to conduct research that compares BNY to peers to provide data on pricing and trading strategies.
- Handles client inquires and run reports as necessary.
To be successful in this role, we're seeking the following:
- Bachelor's degree or the equivalent combination of education and experience is required.
- 3-5 years of total work experience preferred.
- Experience in trading or brokerage preferred.
- Applicable local/regional licenses or certifications as required by the business.
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 Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
