What are the responsibilities and job description for the Senior Specialist, Trading (Dreyfus) position at BNY?
About Dreyfus
Dreyfus is one of the largest, most trusted cash and liquidity managers with nearly 50 years of history building innovative liquidity solutions. We deliver powerful, lasting liquidity solutions to clients and institutional investors for end-to-end cash management. By combining specialized cash investment expertise with a full range of product solutions, we help investors navigate an increasingly complex liquidity landscape.
Our liquidity solutions span all major asset classes, including prime, Treasury, US government, municipals, and short duration fixed income. The breadth of our capabilities and attention to each clients’ unique investment challenges help to provide a holistic strategy and seek to maximize yield through cash segmentation. We relentlessly pursue clients’ operating, core and strategic cash needs through end-to-end client solutions and myriad vehicle types including domestic and offshore money market funds, separately managed accounts and a sub-advised ultra-short exchange-traded fund (ETF).
Role Summary
The primary objective of the Senior Specialist, Trading role is to collaborate and provide assistance to the trading desk by executing and monitoring trading.
This position is located in our New York City office.
In this role, you’ll make an impact in the following ways:
- Communicating market prices and liquidity conditions to trading desk and Portfolio Managers.
- Managing intra-day cash positions across a variety of investment products including money market funds and separate accounts.
- Assisting in managing market and liquidity risk.
- Working independently with delegated responsibilities from more senior traders, which includes the pricing of securities and executing term transactions.
- Liaising with operations and support teams through the life cycle of the trade to ensure proper trade settlement.
- Completing assigned market research for trading team, distribution, and clients.
- Handling routine trading desk inquiries and runs 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.
- 2-5 years money market/short fixed income experience.
- Experience trading money market instruments preferred.
- Strong interest in financial markets. Ability to work under pressure in fast-paced trading environment.