BNY Mellon Careers

Quant Developer

New York, New York
Information Technology


Job Description

Team and the new generation platform

The Clearance and Collateral Technology (CCT) group is responsible for building technology to support three of the most critical services of BNY Mellon - US Government Securities Clearance, US Triparty Repo and Global Collateral Management. These platforms are responsible for clearing and settling equity and fixed-income transactions in markets around the globe, and managing more than $3 trillion in global collateral.

 

The group is building solutions to help our clients in collateral sourcing, collateral optimization and high-performance real-time transaction processing. Our collateral optimizer was the finalist in the Franz Edelman Award – considered the highest honor in Operations Research. To meet new market challenges and provide new functionality to our clients, our group is working on building the next generation collateral platform. The new platform will be mission-critical, high-performance, high-availability, and will include big-data, machine-learning analytics capabilities.

 

The work environment is fast-paced with very high levels of collaboration with global product managers (London & New York).

 

Role

We are looking for strong Quant who are excited about building this next generation system. They will have the unique opportunity to build a sophisticated high performance capital markets system using the latest technology stack and best software engineering practices. They will become the members of the core team driving it forward and will have a significant impact in how it’s implemented. 



Principal Developer->> Consults with internal business groups to provide high-level application software development services or technical support. Provides comprehensive senior-level technical consulting to IT management and senior technical staffs. Evaluates compliance with the organization's technology standards. Works with internal business groups on implementation opportunities, challenges, and requirements of various applications. Analyzes information and provides recommendations to address and resolve business issues for a specific business group. Guides and consults with IT management and technical staffs regarding use of emerging technologies and associated services. Participates in defining corporate implementation and integration strategies of new technologies. Advocates for innovative, creative technology solutions. Contributes to the achievement of area objectives. Bachelor's degree in computer science engineering or a related discipline, or equivalent work experience required, 10-12 years of experience in software development required, experience in the securities or financial services industry is a plus.

Qualifications

  • MS or Ph.D. in Computer Science, Math, Physics, Engineering
  • 10+ years overall experience
  • Strong experience in developing optimization solution for large & complex business problem consisting of several million variables with several thousand constraints
  • Experience in Sparse matrix, column generation algorithm & Mixed Inter Linear Programming
  • Experience in building optimization solution using 3rd party linear solver such as NAG, CPLEX, GUROBI etc.
  • Hands-on experience in one of the programming language such as C, C++, Java
  • Experience in clustering algorithms, detecting data anomaly, redundant data elimination
  • Experience building distributed high-performance, multi-threaded application
  • Understanding of financial capital markets desired

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


Primary Location: United States-New York-New York
Internal Jobcode: 45198
Job: Information Technology
Organization: Clearing Markets ISS Svcs Tech-HR16624
Requisition Number: 1902534