Senior Quantitative Researcher, SVP - BNY Mellon

Overview

Senior Quantitative Researcher

About BNY Investments:

BNY Investments is a leading investment manager, with $2 trillion* in assets under management as of March 31, 2024. Through an investor-first approach, the firm brings to clients the best of both worlds: specialist expertise from seven specialist investment managers offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY.

BNY Investments is a division of BNY, which has $48.8 trillion in assets under custody and/or administration as of March 31, 2024. BNY can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY is the corporate brand of The Bank of New York. Additional information is available on www.bnymellon.com. Follow us on Twitter @BNY or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

About BNY Advisors:

BNY Advisors is a unique business within BNY which focuses on asset allocation, portfolio construction, manager research, and alternatives within a OCIO context as well as asset management context. The business constructs and manages multi-asset, multi-manager investment strategies using both proprietary and third-party investment strategies. 

In addition, the team also acts as a discretionary, or non-discretionary, provider to asset owners on a global basis across institutional, intermediary, and family office channels. The business works across all of BNY and its affiliates and subsidiaries including, but not limited to, BNY Wealth, BNY Pershing, Global Distribution, Asset Servicing, and the various investment affiliates of BNY. BNY Advisors design and implement investment strategies that are bespoke to client needs and objectives using a myriad of asset classes, investment strategies, and overlays.

We’re seeking a future team member for the role of ­to join our BNY Advisors team. 

We are looking for a Senior Quantitative Researcher at Senior Vice President level to join our team.  This role can be located in Boston,MA, or Pittsburgh, PA, and is a hybrid working role.

In this role, you’ll make an impact in the following ways: 

• Conducting applied research and quantitative analyses on macroeconomic forecasts, asset pricing, portfolio construction, and risk management as they relate the team’s investment strategy.
• Collaborating with research and investment teams to develop and evaluate portfolio strategies by deploying quantitative methods and optimization techniques.
• Capital market assumptions, regime modeling, asset pricing models Monte-Carlo simulation.
• Lead efforts on new initiatives pertaining to multi-asset research and optimization techniques. Prepare and present research reports on assigned topics and research findings.

To be successful in this role, we’re seeking the following: 

• 5-10 years’ experience in an asset management organization 
• Master’s degree or equivalent in Computational Finance, Mathematics, or related field of study
• Proficiency in probability & statistics (e.g. time-series analysis, machine learning, and data science)
• Hands on programming experience in scripting (e.g. Python) and analytical packages (e.g. R, Matlab)
• A background demonstrating strong analytical problem-solving skills
• An ability to communicate advanced concepts in a concise and logical way

At BNY, our culture speaks for itself. Here’s a few of our awards: 

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards: 

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. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

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.