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BNY · 1 day ago

Associate Trader (Buy-Side Trading Solutions)

Boston, MA

Full-time

Onsite

New Grad, Entry Level

$58K/yr - $114K/yr

0+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking an Associate Trader to support the trading desk with client order execution and assist in trading activities while providing insights on market developments.

Financial Services

Responsibilities

Support the trading desk with client order execution from client portfolio managers

Execute smaller or less complex trades and determine appropriate prices for transactions for investment managers

Under guidance, provide initial recommendations on the pricing of securities

Assist in Pre- and Post-Trade Cost Analysis to optimise execution behaviour using a variety of analytics platforms

Liaise with Middle Office support teams on post-trade allocation, clearing and settlement issues

Provide regular updates to Portfolio Managers, Analysts and other members of the Trading Desk, on company- and sector-specific news (e.g., corporate actions, corporate activity, customer cash flows), as well as macro developments

Qualification

Equities tradingOMSEMS platformsQuantitative aptitudeMicrosoft ExcelPythonRisk managementRegulatory complianceCommunication skillsAttention to detail

Required

A Bachelor's degree in Finance, Economics, Mathematics, or a related discipline, with up to two years of internship or professional experience in Equities trading, investment banking, or a sell-side environment

Solid understanding of global Equities markets, trading strategies, and market microstructure dynamics

Working knowledge of OMS and EMS platforms, Equities trading venues and trading protocols

Proficiency in Microsoft Excel and familiarity with basic scripting skills (Python, VBA, or similar)

Strong quantitative aptitude, exceptional attention to detail, and the ability to perform accurately under tight deadlines in a high-volume trading environment

Excellent verbal and written communication skills, a collaborative mindset, and a rigorous commitment to risk management and regulatory compliance