| Hyderabad Jobs |
| Banglore Jobs |
| Chennai Jobs |
| Delhi Jobs |
| Ahmedabad Jobs |
| Mumbai Jobs |
| Pune Jobs |
| Vijayawada Jobs |
| Gurgaon Jobs |
| Noida Jobs |
| Hyderabad Jobs |
| Banglore Jobs |
| Chennai Jobs |
| Delhi Jobs |
| Ahmedabad Jobs |
| Mumbai Jobs |
| Pune Jobs |
| Vijayawada Jobs |
| Gurgaon Jobs |
| Noida Jobs |
| Oil & Gas Jobs |
| Banking Jobs |
| Construction Jobs |
| Top Management Jobs |
| IT - Software Jobs |
| Medical Healthcare Jobs |
| Purchase / Logistics Jobs |
| Sales |
| Ajax Jobs |
| Designing Jobs |
| ASP .NET Jobs |
| Java Jobs |
| MySQL Jobs |
| Sap hr Jobs |
| Software Testing Jobs |
| Html Jobs |
| Job Location | Pune |
| Education | Not Mentioned |
| Salary | Not Disclosed |
| Industry | Banking / Financial Services |
| Functional Area | General / Other Software |
| EmploymentType | Full-time |
The Senior Specialist (Financial Modeling Analyst) will contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business. The models 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. The role will be to execute corporate-wide standards for model development. The incumbent will be responsible for leading work to identify problems that can be solved by the application of financial theory and the building of models which improves the firms operations. This will entail investigating and selecting frameworks best suited to solve a problem and deciding on the scope of the solution.The incumbent would be part of economic forecasting group and would be responsible for macroeconomic forecasting, projecting the curves, market factors for CCAR, CECLTeam Description The Economic Forecasting Group (EFG) is part of the Risk Modeling and Analytics (RMA) group within the Risk & Compliance (R&C) division of the Bank of New York Mellon (BNYM). EFG is responsible for scenario design and expansion in support of several exercises including (1) the BNYM s regulatory stress-testing (including the CCAR/DFAST and EBA/ECB stress tests), (2) quarterly CECL/IFRS 9 reserve estimation, and (3) ad hoc scenario-based analyses as frequently as requested by senior management. The scenarios provided by EFG encompass the joint evolution of macroeconomic aggregates (GDP, consumption, unemployment, etc) and financial market indicators spanning several distinct asset classes.Responsibilities: Developing new macroeconomic and financial models for use in scenario creation using econometric tools among others. Perform statistical tests to show the performance of these models. Monitor new and current models to assess the performance. Write documentation of primary and benchmark models for use in scenario creation consistent with corporate-wide standards. Cooperate with other team members in modeling and data management strategies. Participation in regulatory stress-testing by running models, preparing required documentation, answering questions from experts.QualificationsMasters Degree/PhD in a quantitative discipline, preferably statistics, economics. The candidate must have a superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills.10 years of total work experience. Experience in financial services, technology and with programming, documentation and communication preferred. Complex quantitative modeling, numerical analysis, computational methods using programming languages (e.g., Python, R, C/C++, C#, Java, FORTRAN, MATLAB, SAS) and mathematical/statistical software packages experience may be preferred. Applicable graduate/post-graduate sponsored research or work-study programs may be an acceptable substitute for some years of direct work experience.BNY Mellon is an Equal Employment Opportunity Employer.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: India-Maharashtra-PuneJob: RiskInternal Jobcode: 85358Organization: Risk-HR06016Requisition Number: 2104322,
Keyskills :
board of directorsequal employment opportunityrisk modelingdata managementsenior managementsoftware packagescommercial modelsfinancial servicesreserve estimationnumerical analysiseconomic forecasting