BNY Mellon Careers

SrSpec, Model Dev

New York, New York

Job Description

The Bank of New York Mellon seeks Senior Specialist, Model Development in New York, NY, to execute corporate-wide standards for new model development by creating options for theoretical frameworks, collecting data needed, supporting assumptions, and reviewing outcomes.


Requirements: Master’s degree or equivalent in Statistics, Financial Engineering, or related field and two (2) years of experience in the job offered or a related occupation: performing quantitative modeling on behalf of a global financial services institution; conducting risk management and key regulatory activities such as stress testing, allowance methodology (Current Expected Credit Loss) and Basel II/ III regulatory capital; utilizing computational methods including generalized linear regression models, decision tree models, time series models ARIMA/ GARCH; utilizing analytical or scientific software including the MathWorks MATLAB and R, and programming languages including structured query language (SQL); and presenting modeling and financial analysis findings to senior management and U.S. regulators. Qualified applicants please apply online at and utilize reference code #1902907.  Please indicate “referral source – advertisement – WEB”

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: 85358
Job: Risk
Organization: Risk-HR06016
Requisition Number: 1902907