Treasury Trader - FX Specialist

Job Description

OverviewBring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the worlds top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration.Known as the "bank of banks" - 97% of the worlds top banks work with us as we lead and serve our customers into the new era of digital. With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, were approximately 50,000 employees across 35 countries with a culture that empowers you togrow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about. Were seeking a future team member for the role of TREASURY TRADER - FX SPECIALIST to join our CORPORATE TREASURY team. This role is located in LONDON (hybrid). The Corporate Treasury Group at BNY Mellon is responsible for managing FX risks arising from banking activities. The position of Treasury FX Dealer VP provides support to the Head of FX Hedging and Head of EMEA Funding to monitor, manage and hedge different FX risks that arise within the firms risk limits and risk appetite framework. In this role, youll make an impact in the following ways:

• Support execution of FX hedges across multiple FX products and jurisdictions, operating within risk limits, the firms risk appetite framework, and relevant regional governance frameworks. Assist with broader Corporate Treasury execution activity, includingrepo execution.
• Understand and articulate business drivers of FX risk, the FX hedging approaches that are utilized to mitigate those risks, and the differences in trade execution/operations related to different hedging functions.
• Liaise with Technical Accounting, Middle Office and Operations, as necessary, to ensure proper hedge execution and booking.
• Follow business, market and regulatory developments that impact the Banks FX exposures, hedging processes and trade execution, and advise of potential impacts.
• Aid with enhancement of FX exposure and hedge business reporting and assist with oversight of FX risks.
• Support the Head of FX Hedging and Head of EMEA Funding with projects and other deliverables relating to FX and/or other Corporate Treasury activities, including regulatory presentations/requests, strategic initiatives, etc.
• Ensure issues are escalated and cascaded appropriately and supporting mitigating any associated risks.
• Support in addressing Treasury Execution, Audit or Second Line findings/actions.

To be successful in this role, were seeking the following:

• Bachelor/Master degree or equivalent qualification. Degree in finance or economics, with proficiency in math, statistics, or computational finance preferred. MBA, CFA or Accounting Qualifications preferred.
• Significant years of banking experience in a Treasury or trading function with a strong focus on FX.
• Strong understanding of and experience executing a range of FX products, including spot, forwards, swaps and NDFs. Experience trading additional Treasury products, such as repo, preferred.
• Familiarity with consolidation and hedge accounting concepts and the FX risks that arise as a result of banking activities
• Experience in improving and automating processes as well as building and presenting business cases for new products and initiatives.
• Strong communication and analytical skills, attention to detail, and ability to work under pressure.
• Highly motivated with an ability to influence and present to internal stakeholders.
• Passion for financial markets and preference for strong macro-economic and technical analysis skills

At BNY Mellon, our inclusive culture speaks for itself. Heres a few of our awards:

• Fortune Worlds Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloombergs Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDPs Climate Change A List

Our Benefits: BNY Mellon 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 lifes journey. Focus on yourhealth, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. Employer Description: For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create,trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the worlds financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helpingclients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and morethan 100 markets. Its the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: careers.