BNY Mellon Careers

Principal, Portfolio Management

Pittsburgh, Pennsylvania

Job Description

Collaborates with the Global Director of Benefit Investment in support of the fiduciary committee overseeing all funded domestic retirement plans. Directly contributes to the completion of complex quantitatively oriented analytical assignments, manager research analyses and studies on portfolio allocation and general capital market developments. Interfaces with internal and external investment managers and counterparties. Uses strong experience with investment systems and software, including Bloomberg, eVestment, Factset and Workbench to advise junior analyst on improving use of these tools. Contributes to research and analyses of a large quantity of managed portfolios and their interrelationship and style characteristics. Independently works with team on performance, attribution, compliance, risk and audit requirements. Evaluates performance/risk attribution for both fixed income and equity portfolios as they relate to all funded retirement plans. May make recommendations on performance improvements and how to reduce the likelihood of identified risks. Contributes to the implementation of solutions for addressing risks, as directed. Independently manipulates financial and statistical databases to provide relative performance and risk comparisons against benchmarks and peer groups. Contributes to the development of solutions for the automating of data accumulation analyses.  Advises more junior professionals on reporting improvements. Is continuing to build and use relationships with colleagues, external peers, auditors and regulators to gain relevant and timely market information. No direct reports; provides guidance to more junior team members, as needed. Modified based upon local regulations/requirements.


Bachelor s degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA or CFA preferred. 10-12 years of total work experience preferred. Experience in finance, investments (Modern Portfolio Theory), risk management, and/or derivatives preferred.

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: 85253
Job: Finance/Accounting
Organization: Corporate Treasury-HR06004
Requisition Number: 1803484