SrSpec, Model Risk

Job Description


The Bank of New York Mellon seeks a Senior Specialist, Model Risk in Pittsburgh, PA, to create models to make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis. Requirements: Master’s degree or foreign equivalent in Finance, Economics or a related field and two (2) years of experience in the job offered or related occupation: performing modeling on behalf of a financial services institution; conducting complex quantitative modeling and numerical analysis; applying computational methods utilizing programming languages including R, VBA, and SQL; performing modeling related to valuation and income forecast for various financial products including loans, bonds, whole loan mortgages, CMO, MBS, and derivatives and options; working with interest rate models, pricing models and prepayment models; and utilizing financial software including QRM, PolyPaths and Bloomberg. Qualified applicants please apply online at and utilize reference code #2005220. Please indicate “referral source – advertisement – WEB.”



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

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 85308
Job: Risk
Organization: Risk-HR06016
Requisition Number: 2005220