Overview
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 VP Model Development. The quantitative model developer role sits in the Economic Forecasting Group (EFG). This role is located in Wroclaw – HYBRID. Title in the contract: Vice President, Model Development I
In this role, you’ll make an impact in the following ways:
- responsible for the development, enhancement and documentation of macroeconomic forecasting methodologies.
- support the execution of macroeconomic forecasts that make up the scenarios, working closely with vendors and key forecasting partners in the company, and consumers of the scenarios and subject matter experts.
- assist in managing inbound questions, deliverables and ad-hoc requests with an emphasis on accuracy and timeliness of meeting deliverables on prescribed timelines
This role requires regular (written and verbal) interactions with downstream modelers that uses macroeconomic scenarios and various units in the bank such as Finance, Treasury, Model Risk Management. Good inter-personal and negotiation skills are a key factor to accomplishing goals when interacting in a complex, multiple-priority environment. Strong programming skills in R is desired.
To be successful in this role, we’re seeking the following:
- Strong quantitative skills: Master’s degree in a quantitative discipline, including Economics/ Econometrics/Quantitative Finance/Statistics/Mathematics, etc. is required; PhD is a plus
- 2+ years of work experience in research/forecasting/business analytics for a leading financial institution/central bank, consulting firm or similar, with a strong background/interest in economics
- Experience in forecasting and statistical analysis of macroeconomic and/or financial modeling a plus
- Superb analytical background with a solid theoretical foundation coupled with strong programming and documentation skills. Experience with programming languages/statistical software (e.g., R, Python, EViews, Stata) considered a plus
- Extremely focused, detail oriented and highly productive with ability to synthesize large amounts of data and various viewpoints and summarize key concepts
- Excellent organizational and communication (verbal and written) skills
- A proven track record of executing against deliverables and meeting deadlines under pressure Works well individually and in teams, shares information, supports colleagues, and encourages participation.
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
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.
