Senior Associate, Trading Services

BNY; Berwyn (PA); On-site; USD 70,000 - 90,000; Full time

Job summary

BNY is seeking a Senior Associate in Trading Services based in Berwyn, PA. This role supports SMA retail accounts and trade administration, providing high-quality middle and back-office services to investment manager partners. Responsibilities include analysis of retail SMA accounts, management of SMA manager models, and collaboration with internal teams to enhance account performance. Preferred candidates will have 3-5 years of investment management experience, knowledge of investment principles, and strong analytical and communication skills.

Qualifications

• 3-5 years of relevant experience, with a strong preference for 3-5 years.
• Operational investment management experience is preferred.
• Knowledge of investment management industry principles and practices is preferred.

Responsibilities

• Analysis and order generation for retail SMA accounts.
• Management and periodic reconciliation of SMA manager models.
• Deliver and manage UMA data to sponsor relationships.

Skills

Analytical skills

Communication skills

Problem-solving skills

Teamwork

Education

Bachelor’s degree or equivalent

Tools

Fiserv Security APL

SMA trading platforms

Job description

Job Description

Senior Associate, Trading Services – Archer team; based in Berwyn, PA. This role supports SMA retail accounts, trade administration and data management to provide high‑quality middle and back‑office services to investment manager partners.

Responsibilities

• Analysis and order generation for retail SMA accounts, including daily maintenance trading, across-board order generation, and drift analysis.
• Management and periodic reconciliation of SMA manager models.
• Delivery and management of UMA (Model Only) data to sponsor relationships.
• Providing superb middle and back‑office services to partner investment managers.
• Contribute to maintenance and continuous improvement of firm policies and procedures.
• Assist the Trade Administration Manager on ad‑hoc projects as needed.
• Trade error analysis and resolution.
• Perform other functions as required.
• Actively engage with market data providers.
• Validate and reconcile data gaps using additional market data sources.
• Collaborate closely with internal teams to ensure account performance and applied corporate actions achieve desired outcomes.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• 3‑5 years of relevant experience (strong preference for 3‑5 years).
• Operational investment management experience (preferred).
• Knowledge of investment management industry principles and practices (preferred).
• Experience with Fiserv Security APL, model delivery and/or SMA trading platforms (preferred).
• Ability to work under tight timelines, produce accurate results, and mitigate risks (preferred).
• Strong analytical, research, and problem‑solving skills with attention to detail.
• Excellent verbal and written communication skills.
• Detail‑oriented and highly motivated.
• Self‑starter with ability to work effectively in a team environment.

Equal Employment Opportunity

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