Quantitative Risk Modeling Executive
4 days ago
As a leading global financial services company at the center of the world's financial system, BNY touches nearly 20% of the world's investible assets. Our employees bring the power of their perspective to create solutions with clients that benefit businesses, communities, and people everywhere.
We are seeking an experienced Quantitative Risk Modeling Executive to join our BNY Risk team. This role can be located in Pittsburgh, PA; Lake Mary, FL; or New York City in a Hybrid work environment.
Key Responsibilities- Lead the development, enhancement, and documentation of counterparty credit risk and treasury risk modeling methodologies.
- Manage inbound questions, deliverables, and ad-hoc requests with an emphasis on accuracy and timeliness.
- Identify problems that can be solved by the application of financial theory and the building of models.
The estimated salary for this position is $160,000 - $200,000 per year, based on industry standards and location.
Requirements:
- A Master's degree in a quantitative discipline.
- Minimum 5 years of experience in quantitative modeling positions for a leading financial institution or central bank, consulting firm, or similar.
- Excellent organizational and communication skills.
- Ability to synthesize large amounts of data and various viewpoints.
- Experience with databases focused on fixed income and equity pricing.
- Strong programming skills in Python and R.
- Familiarity with Monte Carlo, binomial, and trinomial trees, finite-difference numerical methods.
Becoming part of the BNY family means being part of a culture that speaks for itself. We're recognized for our innovation, sustainability, gender equality, and commitment to diversity and inclusion. Our benefits and rewards include highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence.
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