What are the responsibilities and job description for the OTC Pricing Analyst position at BNY Mellon?
Overview
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We’re seeking a future team member for the role of OTC Pricing Analyst to join our Middle Office Collateral Derivatives Valuations team. This role is located in Orlando, FL .
OTC Derivatives Valuations is a specialized team within Global Operation and Technology Division of Bank of New York Mellon focused on providing pricing and analytics related to Valuation of Over-The-Counter (OTC) Derivatives to our clients. Our clients include Mutual Funds, Institutional Investors, Pension Funds, Hedge Funds, ETFs and other Financial Institutions seeking complex OTC Derivatives to manage the financial risks. We operate from Singapore, India, Poland, Ireland and the United States. The US team is 15 members (and growing) and supports domestic and international institutional clients. In the US, the team operates from New York, NY and Orlando, FL. Our team is primarily responsible for:
Execution of daily pricing, review and analysis tasks related to valuation of OTC Derivatives across Rates, FX, Credit, Equities and Commodities asset classes
Providing analytics and explanation of price movements for OTC derivatives using data and analytics
Facilitating onboarding of new clients and servicing existing clients
Having a deep understanding of the market inputs required for and technical aspects of the valuation of OTC Derivatives
Identification, ownership and execution of strategic projects related to pricing and valuation of OTC Derivatives
Provide valuation expertise and oversight for matters relating to OTC Derivatives to internal and external stakeholders
As an OTC Pricing Analyst within the US team, you will own and drive the processes required for valuation, analysis and production of pricing for OTC Derivatives. You will partner with senior colleagues and be actively involved in analysis, investigation and explanation of price changes due market data, Greeks and other valuation dimensions required for pricing of OTC Derivatives by querying our pricing database. Apart from the daily pricing activities, you will also be actively involved in strategic project management and execution, developing tools and capabilities to enable valuation analytics and process efficiencies.
In this role, you’ll make an impact in the following ways:
Under direct guidance, works with internal and external datasets and client reference data and provides analysis in the development of statistical, financial and/or econometric models for analyzing asset performance, securities data, derivative pricing, risk exposure or other sophisticated concepts. Provides analytical support and prepares drafts of standard and ad hoc reports for assigned area.
With general guidance, supports assigned area with basic statistical and quantitative analyses. May perform or oversee data management activities in support of more senior quantitative colleagues. Runs models, looks for exceptions, takes corrective action.
Builds knowledge of technology tools used to conduct analyses. Applies techniques such as querying and macro development to extract data for populating models.
Builds knowledge of processes and products and which analyses, methodologies and approaches best support assessment of performance, risk, or valuation.
Interprets findings and prepares initial drafts of standard reports.
No direct reports. Primarily responsible for the accuracy and quality of own work. Work contributes to the achievement of team goals.
To be successful in this role, we’re seeking the following:
Bachelor’s degree or the equivalent combination of education and experience. Advanced degree in quantitative analysis is preferred.
Up to three (0-3) years of experience is preferred.
Experience in quantitative finance and technology is preferred.
Preferred Qualifications
Bachelor’s degree in Finance, Engineering, Mathematics or Statistics.
Up to three years of experience specifically in the Finance, Analytics, or Statistical fields.
Ability to effectively prioritize and execute tasks in high-pressure environment.
Proficiency in using Microsoft packages, particularly Access.
Proficiency in building visualizations and analytics using Microsoft Excel and/or Tableau.
Proficiency in programming using Python, Pandas, working with Jupyter Notebooks and related libraries.
At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:
Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg’s Gender Equality Index (GEI)
Best Places to Work for Disability Inclusion , Disability: IN – 100% score
100 Best Workplaces for Innovators, Fast Company
Human Rights Campaign Foundation, 100% score Corporate Equality Index
CDP’s Climate Change ‘A List’
Our Benefits:
BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
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.
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We’re seeking a future team member for the role of OTC Pricing Analyst to join our Middle Office Collateral Derivatives Valuations team. This role is located in Orlando, FL .
OTC Derivatives Valuations is a specialized team within Global Operation and Technology Division of Bank of New York Mellon focused on providing pricing and analytics related to Valuation of Over-The-Counter (OTC) Derivatives to our clients. Our clients include Mutual Funds, Institutional Investors, Pension Funds, Hedge Funds, ETFs and other Financial Institutions seeking complex OTC Derivatives to manage the financial risks. We operate from Singapore, India, Poland, Ireland and the United States. The US team is 15 members (and growing) and supports domestic and international institutional clients. In the US, the team operates from New York, NY and Orlando, FL. Our team is primarily responsible for:
Execution of daily pricing, review and analysis tasks related to valuation of OTC Derivatives across Rates, FX, Credit, Equities and Commodities asset classes
Providing analytics and explanation of price movements for OTC derivatives using data and analytics
Facilitating onboarding of new clients and servicing existing clients
Having a deep understanding of the market inputs required for and technical aspects of the valuation of OTC Derivatives
Identification, ownership and execution of strategic projects related to pricing and valuation of OTC Derivatives
Provide valuation expertise and oversight for matters relating to OTC Derivatives to internal and external stakeholders
As an OTC Pricing Analyst within the US team, you will own and drive the processes required for valuation, analysis and production of pricing for OTC Derivatives. You will partner with senior colleagues and be actively involved in analysis, investigation and explanation of price changes due market data, Greeks and other valuation dimensions required for pricing of OTC Derivatives by querying our pricing database. Apart from the daily pricing activities, you will also be actively involved in strategic project management and execution, developing tools and capabilities to enable valuation analytics and process efficiencies.
In this role, you’ll make an impact in the following ways:
Under direct guidance, works with internal and external datasets and client reference data and provides analysis in the development of statistical, financial and/or econometric models for analyzing asset performance, securities data, derivative pricing, risk exposure or other sophisticated concepts. Provides analytical support and prepares drafts of standard and ad hoc reports for assigned area.
With general guidance, supports assigned area with basic statistical and quantitative analyses. May perform or oversee data management activities in support of more senior quantitative colleagues. Runs models, looks for exceptions, takes corrective action.
Builds knowledge of technology tools used to conduct analyses. Applies techniques such as querying and macro development to extract data for populating models.
Builds knowledge of processes and products and which analyses, methodologies and approaches best support assessment of performance, risk, or valuation.
Interprets findings and prepares initial drafts of standard reports.
No direct reports. Primarily responsible for the accuracy and quality of own work. Work contributes to the achievement of team goals.
To be successful in this role, we’re seeking the following:
Bachelor’s degree or the equivalent combination of education and experience. Advanced degree in quantitative analysis is preferred.
Up to three (0-3) years of experience is preferred.
Experience in quantitative finance and technology is preferred.
Preferred Qualifications
Bachelor’s degree in Finance, Engineering, Mathematics or Statistics.
Up to three years of experience specifically in the Finance, Analytics, or Statistical fields.
Ability to effectively prioritize and execute tasks in high-pressure environment.
Proficiency in using Microsoft packages, particularly Access.
Proficiency in building visualizations and analytics using Microsoft Excel and/or Tableau.
Proficiency in programming using Python, Pandas, working with Jupyter Notebooks and related libraries.
At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:
Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg’s Gender Equality Index (GEI)
Best Places to Work for Disability Inclusion , Disability: IN – 100% score
100 Best Workplaces for Innovators, Fast Company
Human Rights Campaign Foundation, 100% score Corporate Equality Index
CDP’s Climate Change ‘A List’
Our Benefits:
BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
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.
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