Senior Associate supporting Investments Risk Management at BNY. Responsible for model maintenance, testing, and documentation while ensuring compliance with policies.
Responsibilities
This position is responsible for supporting Investments business and Investment Risk Management by assisting in model maintenance, model review, development, testing and documentation.
This requires analyzing existing models and new model proposals and understanding the requirements of model governance, validation and model performance monitoring.
Maintain and support an inventory of dozens of internally developed and vendor models, propose and carry out regular testing, resolve model governance challenges.
Assisting model owners and model developers in resolving model related issues and ensuring all issues are resolved timely.
To ensure that all models stay in compliant to all model risk related policies (SR 11-7) and procedures.
Requirements
Qualification – Advanced Degree or equivalent in Quantitative discipline
2-4 years of relevant experience in financial modelling, pricing, risk management or similar analytical roles.
Knowledge of and experience with data, analytical and technical tools such as SQL, Python or other programming languages, Excel.
Excellent organizational skills
Benefits
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.
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