BNY Mellon is shifting things up again, this time in its Singapore office. A report on Tuesday by FX Week indicates that Jonathan Lee has joined the firm as a trader in the American banking giant’s foreign exchange (FX) division.
Lee is fairly new to the FX industry having only graduated from the University of Western Australia in 2014.
Starting out at with BNP Paribas in 2014, he worked in the French firm’s private banking division. During his short stint with the bank, he worked in its wealth management and FX divisions.
After leaving BNP Paribas in 2015, he joined Standard Chartered’s Singapore office. On a one-year rotational programme, he worked in operational risk, market risk, investment management, investors sales, and G10 FX spot trading.
In 2016, after this one year programme had been completed, Lee remained in the bank’s FX division. According to his own LinkedIn page, Lee has worked on G10 FX spot, Asia FX deliverables and non-deliverable forwards.
BNY Mellon FX Shift
Over the past few months, BNY Mellon has been making some major personnel changes – particularly in its FX division. Lee’s appointment marks something of a change as he will be based in South East Asia, as opposed to most of the other changes which have been in the firm’s New York office.
Just yesterday, the firm announced that it had appointed Sabet Elias as Chief Technology Officer – a newly created position. Sabet previously designed different trading solutions for Lehman Brothers and Bank of America.
In the firm’s FX division, there have been major changes over the past 12 months. Adam Vos, formerly of Deutsche Bank, started on the first working day of 2018 as Global Head of FX.
Since then, the firm has appointed Sam Osterman to lead its FX options business, Matthew Berson as head of FX prime brokerage for North America and Harry Moumdjian as Global Head of FX Sales.