BNY Mellon Careers

Principal Developer

Jersey City, New Jersey; New York, New York
Information Technology

Job Description

The Clearance and Collateral Technology (CCT) group is responsible for building technology to support three of the most critical services of BNY Mellon – US Govt 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 transforming itself into a data-centric organization and we are seeking strong technologists who can adapt to a dynamic and fast-paced work environment. If you thrive on solving problems, thinking critically and creating change, we want you to be a part of our team!


Join us in our journey and we’ll together build the financial services industry’s next-generation data services platform.


As a Senior Machine Learning Engineer, you will create meaningful stories focused on deep insights and be fluent across various technologies and tools relevant for quantitative decision-making. You will be responsible for working with vast amounts of financial data to derive insights and make predictions about our clients and the markets in which they operate.


Your primary focus will be on mining and preparing data, performing statistical analysis, implementing machine learning algorithms and productionizing models to integrate with our existing systems & products. In addition to working with the rest of our technology team, you will work with our business teams to derive and select use-cases best suited for machine learning solutions based on client demand and market inefficiencies.

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. 10-12 years of experience in software development required


  • Bachelor's degree in computer science engineering or a related discipline, or equivalent work experience required,
  • 5 to 8 years of relevant experience in applied machine learning from modeling and implementation perspectives
  • Thorough understanding of various statistical and machine learning algorithms
  • Proficient in Python with open source libraries such as TensorFlow and data engineering pipelines such as Apache Spark
  • Experience with and strong understanding of capital markets and an academic / research background will be preferred but not mandatory
  • Experience working in a strong agile environment is preferred
  • Experience in the securities or financial services industry is a plus.

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

Primary Location: United States-New Jersey-Jersey City
Internal Jobcode: 45198
Job: Information Technology
Organization: Clearing Markets ISS Svcs Tech-HR16624
Requisition Number: 1908375