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 Director - Senior Fixed Income Strat to join our Global Markets team. This role is located in New York, NY - Hybrid.
In this role, you'll make an impact in the following ways:
• FIEQ Pricing Algorithms
• Own the FI algos within the team's development framework, taking responsibility for development and maintenance of the algorithm for rates and credit pricing;
• Working with FIEQ trading desks to identify algorithm extensions and opportunities, and developing, testing and launching those extensions;
• Working with FIEQ technology teams to maintain production environment and integration of Strat systems within the wider Firm's systems;Improving MIS and reporting quality for FIEQ products by leveraging existing Strat capabilities.
• Coordinate with wider FIEQ business to identify new opportunities for algorithm development;
• Work with FIEQ technology, sales and trading teams to implement and launch new algorithms.
• Additional Responsibilities:
• Working with 2LOD and 3LOD to improve upon and ensure compliance [DS2] with algorithmic trading control systems and relevant regulations
• FX and FIEQ Regional SME
• Provide secondary support for eFX algorithms;
• Support Strat management as regional delegate, including, as appropriate, regional Change Management delegation
• FX Pricing and Hedging Algorithms
• Contributing to development and maintenance of common eFX and eFIEQ software systems;
• Contribute to cross-training between FX and FIEQ Strat members. To be successful in this role, we're seeking the following:
• Bachelor's degree required
• Master's or higher degree preferred
• 10+ years total working experience preferred
• Background in Engineering, Physics, Mathematics, Quantitative Analytics, or Trading preferred
• Experience in quantitative development (with knowledge of Java (preferred) or C++) required
• Experience in KDB and Python preferred
• Experience with development of market making and risk management algorithms preferred
• A track record of strong data analytics, management and performance optimization is preferred
• Exposure to FIEQ products and FX required 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 $125,000 and $273,000 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
