At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. 

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about

We’re seeking a future team member for the role of the Model Risk Specialist to join our Model Risk Management team. This role is based in Wroclaw with the opportunity to work 2 days per week from home. Title in the contract: Vice President, Model Risk Management I

In this role, you’ll make an impact in the following ways: 

• Contribute to highly visible enterprise-wide model development function in the organization
• Review and identify risk of various types of models: 1) Credit Risk Modeling 2) Treasury Modeling 3) Market Risk Modeling 4) Pricing Modeling 5) Forecasting
• Propose the remediation plan and the mitigation controls
• Design and maintain tools for model validation
• Closely work the modelling team
• Summarize the model performance in the validation reports

To be successful in this role, we’re seeking the following: 

• Master's Degree/PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, economics. The candidate must have a quantitative and analytical background with a solid theoretical foundation and strong programming, documentation, and communications skills.
• 0-2 years  of relevant experience in financial services.
• Knowledge and familiarity with diverse model risk concepts
• Experience with complex quantitative modelling, numerical analysis, and computational methods
• Good programming skills in at least one of the programming languages: Python/R/C++
• Focused, detail oriented, on time

At BNY, our culture speaks for itself. Here’s a few of our awards:

• America’s Most Innovative Companies, Fortune, 2024 
• World’s Most Admired Companies, Fortune 2024 
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024 
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024 
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards: 

BNY 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, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans