Senior Associate, Fx Sales

Singapore, Singapore

Job Description


:Senior Associate, FX SalesAt BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world\xe2\x80\x99s financial system we touch nearly 20% of the world\xe2\x80\x99s 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\xe2\x80\x99re seeking a future team member for the role of Senior Associate, FX Sales to join our Markets team. This role is located in Singapore \xe2\x80\x93HYBRID.In this role, you\xe2\x80\x99ll make an impact in the following ways:

  • Responsible for covering FX clients, executing FX trades voice and via platforms, and managing of the sales book throughout the day.
  • Under guidance, applies defined processes and tools to screen and evaluate prospects by analyzing market strategies, deal requirements, growth potential, financials and internal firm priorities.
  • Assists with client onboarding while working with Credit Risk, Legal, and KYC Teams.
  • May assist with events and seminars to develop leads as well.
  • May partner with a more senior Business Development colleague to develop relationships to gain breadth/depth of knowledge.
  • Leads may develop from direct strategies, research, push and pull strategies, and seminars.
  • Performs in-depth industry research and maintains an understanding of the market environment, including short- and long-term trends, competitor offerings, regulatory developments etc. in order to achieve account growth or new accounts.
  • Develops a negotiation strategy and position to align client/prospect needs to firm offerings.
  • Assists with closing of less complex new prospects by contributing analyses supporting deal structures (pricing, contract terms, etc.) that achieve optimal terms for both the client and the firm.
  • Assists with ensuring that deals are compliant with all regulations.
  • Follows up with other firm-wide resources (marketing, legal, compliance, etc.) to gather needed information required to finalize a proposal/deal.
  • Work closely with related teams (RMs, AMs, CSD) and other firm-wide resources (marketing, legal, compliance, etc.) to ensure all risk management/compliance activities relevant to business development activities are conducted and captured.
  • Under guidance, responsible for business development within assigned area (geographic territory, product category, business/industry category/segment, etc.).
  • Typically pursues small, non-complex prospects. Requires advice and coaching from senior team members/management.
To be successful in this role, we\xe2\x80\x99re seeking the following:
  • Bachelors degree or the equivalent combination of education and experience is required.
  • Advanced/graduate degree preferred.
  • 2 to 5 years of total work experience preferred.
  • Financial Services experience with a particular client type or product (Real Monies, Sovereign, etc.) preferred as is prior experience in a related customer-facing role, Sales Support, Global Capital Markets or Product Management.
  • Applicable local/regional licenses or certifications as required by the business.
  • A good understanding of the relevant marketplace, competitive landscape and industry drivers in the relevant region is preferred.
  • As global firm, bi-lingual capabilities are helpful as is an understanding of local/cultural nuances important for client trust.
At BNY, our culture speaks for itself. Here\xe2\x80\x99s a few of our awards:
  • America\xe2\x80\x99s Most Innovative Companies, Fortune, 2024
  • World\xe2\x80\x99s Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
, Disability: IN \xe2\x80\x93 100% score, 2023-2024 * \xe2\x80\x9cMost Just Companies\xe2\x80\x9d, Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloomberg\xe2\x80\x99s 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\xe2\x80\x99s 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 Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team \xe2\x80\x93 one that is representative and inclusive of the diverse talent, clients and communities we work with and serve \xe2\x80\x93 and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

BNY Mellon

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Job Detail

  • Job Id
    JD1465425
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned