Lead Analyst, Treasury and ALM
The Specialist (Financial Modeling Analyst) will contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business. The models make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis. The role will be to execute corporate-wide standards for model development. The incumbent will be responsible for identifying problems that can be solved by the application of financial theory and building models which improve the firm's operations. The incumbent may work in one of four disciplines, each responsible for a different type of modeling: 1) Treasury Modeling 2) Market Risk Modeling 3) Pricing Modeling 4) Forecasting. Execute corporate-wide standards for model development by creating options for theoretical frameworks, collecting data needed, supporting assumptions, and reviewing outcomes. Work will align to the development scope established by more senior colleagues. Support the validation of models, the incumbent is expected to provide testing and analysis at the request of Model Risk Management. Support the use of models, the incumbent is expected to execute models in accordance with approval conditions and communicate results to management. The incumbent will be responsible for performance monitoring of models, identifying possible deterioration by comparing outcomes to established thresholds. No formal supervisory responsibility. Primarily responsible for the accuracy and quality of own work. Modified based upon local regulations/requirements.
Bachelor's degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA, CFA, or CPA/CA preferred. 3-5 years of total work experience preferred. Experience with liquidity stress testing, liquidity risk management, interest rate risk management, capital management and/or asset-liability management within large complex financial organizations preferred. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.