BNY Mellon Careers

Senior Risk Specialist

Wroclaw, Poland
Asset Servicing


Job Description

  • Responsible for processing and overseeing the risk analysis across a large number of complex monthly and daily hedge funds.  
  • Responsible for processing more complex hedge fund portfolios for performance and risk analysis. 
  • Responsible for analyzing the quality of the output - which includes quantitative review of valuation, notional, VaR, greeks, isolated risk factor shocks and stress testing for the full spectrum of security types across asset classes, including equities, bonds, convertible bonds, inflation linked bonds, options, futures, swaps, swaptions, caps, floors and other derivatives.
  • Work closely with Risk Engine team to troubleshoot risk modeling issues and act as one of the primary individuals responsible for enhancing existing models and testing/integrating new pricing/risk models into the firm’s risk engine. 
  • Perform ad hoc research projects on current risk models and generated output. 
  • Oversee the hedge fund onboarding process of new funds to establish a strong modeling and operational process. 
  • Coordinate with administrators and Hedge Funds to set up all Hedge Fund position data feeds

ESSENTIAL FUNCTIONS

  • Understanding and Expanding deeper knowledge on HedgeMark risk analytics – 20%
  • Running daily & monthly funds – 40%
  • Training and Employee Development – 10%
  • Troubleshoot Risk modelling issues and enhance existing models – 20%
  • Drive requirements for Technology build out – 10%

Qualifications

LEVELING FACTORS

Business Expertise: 

  • Deeper knowledge in Value at Risk, Scenario Analysis, Stress Testing, Correlations, Options, Convertible Bonds, Futures
  • Advanced Knowledge in Excel

Problem Solving:

  • Being able to diagnose risk calculation issues and find out the underlying data that is driving the miscalculation.

Nature & Area of Impact:

  • Direct & very high business impact since this drives daily risk reports for HedgeMark clients

Interactions / Interpersonal Skills:

  • Being able to explain complex issues and mentor junior people in the team.

 

If you apply for this role this means you agree with the following statement:

 

Through my application for a role with BNY Mellon (Poland) sp. z.o.o. (the Company) I hereby authorize the Company to process my personal data for the purposes of recruitment. Furthermore I declare that I am aware of the voluntary submission of data and I am informed about the right to access the data and the right to correct it, pursuant to the Personal Data Protection Act of 29 August 1997 (Journal of Laws [Dz.U] No. 133, item 883)”. I authorise the Company to process my personal data for future recruitment processes.

Furthermore, I authorize BNY Mellon and its’ affiliates, Taleo (UK) Limited to process my personal data.

BNY Mellon and affiliates registration details.-

BNY Mellon (Poland) sp. z.o.o Registered office – Swobodna 3, 50-088 Wroclaw

The Bank of New York Mellon (International) Limited – 1 Canada Square, London, E14 5AL

The Bank of New York Mellon SA/NV – 46 Rue Montoyerstraat, B-1000 Brussels, Belgium

Taleo (UK) Limited Registered office - 78-586 Chiswick High Road, London W4 5RP, United Kingdom,

Please note that during the recruitment process you may be asked to provide further information and supporting documents. The information provided may be verified and reviewed, to the extent permitted by the law, as to their veracity and accuracy.



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: bnymellon.com/careers.

BNY Mellon's Asset Servicing business is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Poland-Dolnoslaskie-Wroclaw
Job: Asset Servicing
Internal Jobcode: 70126
Organization: Asset Servicing Americas-HR09084
Requisition Number: 1715878