Vice President, Supervision and Conduct Controls

Job Description

The Markets Control team is a dynamic team working to support the BNY Markets execution business in: FX, Fixed Income and Equities, Liquidity and Margin Services and Securities Finance. We’re seeking a future team member for the role of Vice President, Supervision and Conduct Controls to join our Global Markets Controls team. This role is located in London.

This position is within the Markets Control team. The successful candidate will be able to operate with minimal oversight and will help enhance accountability and reinforce the control capabilities of BNY Markets. This will be achieved through the development of mitigating controls to strengthen the Markets Control Supervision framework.

• Examples of control that strengthen the supervisory framework include Cancel & Amends, Trader Mandate exception alerting, out-of-hours and off-premises trading checks. The successful candidate will be able to understand and assist with interpreting trade and booking workflows and apply that knowledge to the development of associated controls.
• The candidate will help to promote a strong regulatory mindset across the Markets business through a thorough knowledge and understanding of both global regulation (FINRA/MiFID/MAR) and financial markets.
• The candidate will be able to provide regulatory input into market abuse surveillance activities, dealing with enquiries from second line Compliance surveillance colleagues, assisting with compilation of the market abuse risk assessment and where required, assisting with market abuse parameter reviews.
• The candidate will also have a solid understanding of pricing dynamics in global markets and be responsible for helping oversee pricing check controls for FX, Equities and Fixed Income trading, operated by the first line Controls team through proprietary tools.
• The candidate will be able to identify and escalate to the business instances where clients may not have received best execution and manage associated governance meetings, where best execution is reviewed. Where proprietary tools need to be developed or further enhanced, the candidate will be able to deal with model risk partners and manage the product development lifecycle working with development teams.

To be successful in this role, we’re seeking the following:

• Significant experience in FX trading, ideally across G10 and/or EM currencies.

• Deep knowledge of FX products including spot, forwards, swaps, NDFs and options.

• Strong understanding of FX market structure, pricing mechanics, liquidity, spreads, and execution channels.

• Ability to interpret market events and distinguish legitimate trading behavior from potential anomalies.

• Experience in surveillance, conduct risk, front-office controls, trade review, or electronic trading oversight is highly desirable.

• Investigative skills and an analytical mindset are essential.

• Oral and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.

• Bachelor’s degree or master’s degree preferred.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.