BNY

Senior Vice President, Model Risk Management

BNY

full-time

Posted on:

Location Type: Hybrid

Location: Pune • India

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Job Level

Senior

Tech Stack

JavaPython

About the role

  • Lead teams responsible for model validation, risk assessment, and compliance with regulatory requirements
  • Oversee end-to-end model validation activities for high-impact, high-risk models
  • Ensure effective processes and controls for prompt risk identification, assessment, mitigation, and tracking of issues related to model risk
  • Behave ethically and adhere to BNY’s standards, including the Code of Conduct and applicable policies
  • Conduct independent testing and analysis of model performance, assumptions, and limitations
  • Document validation findings and communicate results to stakeholders
  • Demonstrate ownership and accountability for managing model risk holistically
  • Collaborate with other risk, compliance, and business leaders to ensure alignment with BNY’s risk management framework and regulatory expectations

Requirements

  • Master's Degree or PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, econometrics
  • strong analytical background with a solid theoretical foundation
  • advanced computational programming, technical documentation, and communications skills
  • demonstrated ability to manage diverse group of stakeholders
  • minimum 7 years (7 - 10 preferred) of modelling experience in financial services
  • experience with complex quantitative modelling, numerical analysis, and computational methods using programming languages (such as Python, C/C++, C#, Java, FORTRAN, MATLAB, SAS)
Benefits
  • highly competitive compensation
  • benefits
  • wellbeing programs rooted in a strong culture of excellence
  • paid leaves, including paid volunteer time
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
model validationrisk assessmentcompliancequantitative modellingnumerical analysiscomputational methodsPythonC/C++C#Java
Soft Skills
analytical skillscommunication skillsstakeholder managementownershipaccountabilitycollaboration
Certifications
Master's DegreePhD