EMEA Chief Operating Officer (COO) of Global Markets Trading & Global COO of FX Trading & Execution

BNY Mellon; London; On-site; GBP 150,000 - 200,000; Full time

Job summary

A global financial services company seeks an EMEA COO for Global Markets Trading in London. The role involves collaboration with leadership, performance monitoring, and strategic alignment in FX Trading. Ideal candidates have extensive experience in financial services, strong communication skills, and a detail-oriented mindset. Competitive salary and benefits provided.

Benefits

Competitive compensation

Flexible benefits

Generous paid leaves

Wellbeing programs

Qualifications

• Vast experience in Financial Services.
• Strong understanding of FX Trading and risk management.
• Excellent verbal and written communication skills.

Responsibilities

• Collaborate with leadership to align strategic plans.
• Analyze performance metrics to identify improvements.
• Oversee resource allocation for optimal support.
• Ensure compliance with FX regulations.
• Lead initiatives for operational efficiency.

Skills

Entrepreneurial mindset

Problem-solving

Influencing and communication

Analytical abilities

Detail oriented

Education

Experience in Financial Services

Understanding of FX and fixed income

Tools

MS Office

Job description

Overview

EMEA Chief Operating Officer (COO) of Global Markets Trading & Global Foreign Exchange Trading & Execution

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 and champions of inclusion, 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.

The BNY Markets business helps our clients formulate, implement and operationalize their investment strategies. It provides clients with financing, execution, liquidity and collateral solutions that are integrated with BNY’s asset servicing ecosystem. Within the Markets division we have Global Markets Trading (GMT) unit, which is comprised of the Foreign Exchange, Fixed Income, Equities & Capital Markets businesses.

Our full-service FX business accommodates every element of the currency transaction lifecycle, from initiating a position in the spot or derivatives market, to programmatic execution using algorithms or FX payments.

Our Fixed Income and Equities businesses trade a wide variety of securities and can connect clients to a unique universe of counterparties, including broker-dealers, fund managers, family offices and wealth managers.

We’re seeking a candidate for the role of EMEA Global Markets Trading and Global Foreign Exchange Trading COO, based out of our London office and reporting to the Global Markets Trading Chief Operating Officer in New York.

Responsibilities

This role will involve working with the EMEA Heads of Foreign Exchange, Fixed Income & Equities & the Global Head of Foreign Exchange Trading and their respective leadership teams to help continue to build out the respective European GMT Franchise and Global FX Trading Businesses. The successful candidate will join a highly motivated and experienced COO team. The primary responsibilities for the successful candidate include:

• Collaborate with Leadership: Act as trusted advisor to the Global GMT COO and GMT Business Heads to develop and execute strategic plans that align with GMT global objectives.
• Performance Monitoring: Analyze key performance indicators and financial metrics to assess business performance, identifying areas for improvement and growth.
• Market Analysis: Stay informed about market structure developments and competitor activities to inform strategic decisions and maintain a competitive edge.
• Operational Efficiency and Process Improvement: Engage with GMT service provider partners to implement process improvements to enhance operational efficiency across the platform.
• Resource Management: Oversee resource allocation to ensure optimal support for business execution and strategic initiatives.
• FX Product Development: Collaborate with the FX Trading and FX Product teams to develop and launch new FX products, services, and solutions that meet the evolving needs of clients in market making / liquidity provision and internal risk management optimization.
• Drive Strategic Alignment: Lead regional EMEA initiatives to align local practices with global standards. Oversee front-to-back integration across Sales, Trading, Product, Engineering and Operations by collaborating with business heads and infrastructure partners to drive efficiency and resilience
• Regulatory Adherence: Ensure compliance with all relevant EMEA & Global FX regulations for the GMT business including Volcker, MiFID II, EMIR, and CASS, by working closely with Compliance, Legal and Regulatory teams.
• Risk Oversight: Implement and monitor risk management frameworks to mitigate operational, market, and credit risks associated with EMEA GMT & Global FX Trading activities.
• Budget Management: Develop a comprehensive plan including technology and product initiatives, expenses, and headcount in collaboration with key business partners, aligned with the strategic direction and growth opportunities of the business. Partner with the CFO function, to develop and manage budgets for GMT EMEA & Global FX Trading, which align to global budgets, and ensuring cost control and alignment with financial targets.
• Initiatives & Milestone Reporting: Deliver key business updates to senior business leaders on commercial milestones, initiatives, and challenges.
• Audit & Compliance Testing Coordination: Manage internal / external audits and Compliance Testing reviews, ensuring timely resolution of any identified issues and maintaining robust control environments.
• Team Leadership: Lead and mentor small local team of COO professionals, fostering a culture of high performance, collaboration, and continuous improvement.
• Stakeholder Engagement: Build and maintain strong relationships with internal stakeholders across various departments, including Trading, Sales, Legal, Compliance, Risk, Operations and Engineering.
• Talent Development: Identify training and development needs within the team to ensure skill enhancement and career progression.
• External Representation: Represent the bank in key industry forums and regulatory committees, contributing thought leadership and influencing market standard development.
• Strategic Partnerships: Build strategic partnerships with external entities such as other financial institutions, technology providers, and industry groups to enhance trading capabilities and market reach.
• Crisis Management: Develop and implement plans to handle market disruptions, regulatory changes, and other unforeseen events that could impact trading operations.
• Talent Acquisition and Retention: Focus on attracting and retaining top talent to Global Markets Trading, fostering a culture of continuous learning and development, and ensuring that the team is equipped with the skills needed to succeed in a dynamic market environment.

Requirements

• Entrepreneurial and self-directed – operate as an owner
• A dynamic problem solver – consistently utilises a solution driven mindset
• A trusted advisor with the tenacity and business acumen to provide thought leadership to deliver positive commercial outcomes and shape medium-term outlook
• Ambitious and driven to deliver business strategy transformation
• Detail oriented – understands the nuances that can impact overall outcomes
• A strong influencer and thoughtful communicator who can express complex ideas in simple, practical terms tailored to a specific audience
• Able to learn, develop, and take on additional responsibilities when required
• Capable to lead senior management meetings

Qualifications

• Vast experience in Financial Services with significant experience of Foreign Exchange, Fixed Income and Equity Markets
• Good understanding of FX Trading pricing and risk management
• Regulatory Knowledge: In-depth understanding of EMEA & Global FX Trading regulatory requirements affecting Foreign Exchange, Fixed Income and Equity businesses
• Analytical Abilities: Strong analytical and problem-solving skills, with the ability to interpret complex data and make informed decisions.
• Communication Skills: Excellent verbal and written communication skills, capable of effectively conveying information to various stakeholders across 1st Line, 2nd Line and 3rd Line stakeholders
• Experience and demonstrated results in operating a global team environment
• High level proficiency in the MS Office application required

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• America’s Most Innovative Companies, Fortune, 2025
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• “Most Just Companies”, Just Capital and CNBC, 2025

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’s 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 is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.