Vice President, Securities Lending Trading

About the role

The Vice President, Securities Lending Trader role is within the Liquidity and Financing team at BNY, a leading global financial services company. This role is based in New Jersey, NJ.

Responsibilities

• Negotiate lending and borrowing of securities
• Increase profitability by optimizing collateral usage
• Develop and maintain client relationships with hedge funds and broker dealers/agent banks
• Manage inventory to maximize utilization and return on balance sheet

Requirements

• Bachelor's degree in finance, economics
• 3 years related experience in securities finance/agency repo trading
• Strong analytical skills and problem-solving capabilities
• Intermediate to Advanced spreadsheet proficiency
• Excellent interpersonal skills for negotiating with counterparties and coordinating with internal teams
• Series 7, 63 required

Qualifications

• Not specified

Skills

• Not specified

Benefits

• Flexible global resources and tools
• Generous paid leaves, including paid volunteer time
• Focus on health, personal resilience, and financial goals

Pay

The base salary for this position is expected to be between $80,000 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.

Schedule

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.