BNY Mellon Careers

Market Risk Monitoring Analyst (Corporate Treasury/QRM Model Validation)

Pittsburgh, Pennsylvania

Job Description

The Treasury Market Risk Analyst is responsible for reporting and monitoring trading risks to management according to prescribed Market Risk policies. This includes model validation using QRM, sensitivity & concentration limit monitoring, and stress test analysis for Corporate Treasury. Produce periodic risk reporting for management review, and to support financial and regulatory disclosures. Interact with trading and risk management to investigate and document any limit excesses in compliance with prescribed policies. Perform necessary steps to ensure the integrity of our risk reporting. Interact with Model Risk Management staff in the development of new risk reporting initiatives, and testing of modifications to our risk reporting systems. Liaise with internal and external auditors and regulators to ensure compliance to prescribed standards. Role at this level requires understanding of financial markets, varied trading instruments, and the detailed process by which risk is measured and monitored. This function will assist in the development and implementation of procedures to measure and monitor multiple risks hierarchically and across the entire organization. Understand the responsibilities of other departments in daily interactions when investigating and validating reported changes in risk. The sheer breadth of financial market instruments and related data required to be effective make this monitoring function extremely challenging. Anomalies in risk measurements need to be investigated through collaboration with trading staff, operations, technology, and quantitative staff, which requires a high degree of subject expertise in varied disciplines. In this role, analytic skills are critical, and one must be able to draw valid conclusions after examining multiple sources of information, and document decisions made for audit purposes. Strong mathematical ability is important, as well as being detail-oriented, and extremely diligent. This position will have an impact on the businesses that it monitors, as those businesses must operate within prescribed risk limits. Through collaboration with our trading businesses, we design measures that are meaningful to both risk management and business unit management. This role requires regular (written and oral) interactions with trading management, technology, operations, audit, accounting, and quantitative staff. Good inter-personal and negotiation skills are a key factor to accomplishing goals when interacting in a complex, multiple-priority environment.


Bachelor's Degree. MBA is preferred. 4+ years is experience.

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 & 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:

Risk and Compliance provide risk and compliance services across all BNY Mellon businesses. Organizationally, Risk and Compliance includes the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Risk Management is organized through Chief Risk Offices for each core business and critical operation. Risk managers provide shared support to BNY Mellon for operational risk services for Global Corporate Trust, Depositary Receipts, Treasury Services and Global Operations in EMEA. Compliance helps ensure BNY Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon policies and ethics. This is accomplished through business- and business partner-specific teams of professionals, under centralized global management.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 30572
Job: Risk
Organization: Risk-HR06016
Requisition Number: 1714623