Associate, Data Management & Quantitative Analysis IBring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital. With 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what#LifeAtBNYMellonis all about. We're seeking a future team member for the role of Associate, Data Management & Quantitative Analysis I to join our US LDI Quants team within Investment Management Division. This role is located in Pune, Maharashtra - HYBRID.In this role, you'll make an impact in the following ways: The US Quants Team interacts with various teams on a day-to-day basis, primarily the Client Team and Portfolio Managers and is often the conduit between various teams/workflows. These teams often rely on the Quant Team to provide analysis which will be delivered to clients and impact trading decisions. The team is also expecting significant growth in the coming years and so are looking for highly skilled, detail-oriented and motivated candidates to support its growing business.This will be an individual contributor role. The analyst will be expected to provide quantitative support across a number of areas including investment and pension liability modelling, solution design, portfolio monitoring, risk and performance analysis.The analyst will also be expected to support day to day processes such as maintaining custom liability benchmarks, preparing bespoke client reports, developing/ enhancing existing tools (Excel/ Python) etc.To be successful in this role, we're seeking the following: 3 - 5 years' work experience in a similar or related role with a top tier firm. Example roles include as a quant developer/programmer, data scientist, investment quant and/or fixed income/derivative analysis within financial services, investment bank, asset manager, or consulting firm.The candidate will require a high level of quantitative and computational financial skill and ability to solve extremely complex problems for our US LDI clients. They will ideally hold a primary degree in a quantitative science with experience in programming. They will preferably have additional quant-orientated qualifications or progress towards investment designation (e.g., CFA). Ideal candidates would have strong work experience and relevant knowledge/skill in a number of the following areas:Sound programming knowledge with relevant on-the-job experienceUnderstanding of present value calculations, interest rate and credit spread riskFamiliarity with fixed income, derivative markets and hedging techniquesAbility and desire to apply numerical skills in the workplace. Candidate with mathematics, statistics, or engineering background is preferred.Ability to work in a highly collaborative team environment. Candidate will need to work with US and Pune team members simultaneously.Understanding of US Pensions and related risk management techniques is a plusThe candidate should have strong verbal and written communication as they will need to articulate their thought process in any given task and set these out via email/messaging or video call. The candidate should be fluent in English and is expected to work closely with US and Pune team members. They should be deadline driven, have a strong work ethic and be committed to meet the deadlines.At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards: Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion, 2023 Bloomberg's Gender Equality Index (GEI), 2023Human Rights Campaign Foundation, Corporate Equality Index, 2023Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023Forbes Blockchain 50, 2023Our Benefits: BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.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.
