The Bank of New York Mellon seeks Senior Specialist, Model Risk in New York, NY, to contribute to highly visible enterprise-wide model development function in the organization.Requirements: Master's degree or foreign equivalent in Financial Mathematics, Economics, Statistics, or a related field and two (2) years of experience in the job offered or related occupation: utilizing programming languages, including C#, C++, MATLAB, R, Python, SQL, and VBA to price models of financial instruments; working with financial modeling techniques, including pricing models of financial instruments value-at-risk type of models, interest rate models, risk quantification and forecast models, and algorithm trading models; applying Monte Carlo simulations, filtered historical simulations, finite differencing, and stochastic calculus to execute enterprise standards for model valuation and identify model risk; utilizing data summary and visualization, hypothesis testing, estimation, regressions, time series analysis, machine learning, and extreme value theory to implement model valuation and model risk management of market risk; and working with optimization and matrix analysis to perform quantitative modeling. Qualified applicants please apply online atwww.bnymellon.com/careersand utilize reference code#1911289. Please indicate "referral source - advertisement - WEB."
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.
Primary Location:United States-New York-New York
Posting ID: 552620777Posted: 2020-05-27