Associate, OPS Data Management & Quantitative Analysis II

OTC Derivatives Valuations – Senior Associate 

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 Senior Associate to join the OTC Derivatives Valuations team. This role is located in Lake Mary, FL - Hybrid.

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 within their investment strategies. We operate from Singapore, India, Poland, Ireland and the United States. The US team is 35 members (and growing) and supports domestic and international institutional clients. In the US, the team operates from New York, NY and Lake Mary, FL. 

Our team is primarily responsible for: 

• Execution of daily pricing, review, validation, 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.

Role:

As an Associate within the US team, (in Lake Mary, FL), you will be reporting to the VP of a business line within the US OTC Valuation supported by a team of analysts. Your responsibilities will include:

• Task Management and Ownership: Supervision of daily tasks that are required for daily lifecycle management, accounting, pricing, analysis, and reporting for OTC Derivatives.
• Client Service Support: Active involvement in onboarding of new clients and responding to queries posed by our internal stakeholders and our clients.
• Operational Excellence: Partner with the VP leads of the team in shaping and defining the daily operating model, representing the OTC Valuations team in client discussions.
• Operational Excellence: Identification and mitigation of risk, owning and maintaining documentation required for the controls related to the lifecycle of OTC Derivatives within various accounting systems, upholding the highest standards of data integrity and compliance.
• Process Efficiency: Active involvement in strategic project management and execution, training and development of staff, development of tools and capabilities to enable valuation analytics and process efficiencies.

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

• Bachelor's degree or the equivalent combination of education and experience. 
• 3-5 years' experience in the field of OTC Derivatives, Complex Securities Valuations
• Ability to lead a team daily and provide technical guidance on matters relating to OTC Derivatives Valuation preferred.
• Excellent teamwork, interpersonal, oral and written communication skills preferred.
• Excellent analytical, organizational and time management skills preferred.
• Ability to effectively prioritize and execute tasks in high-pressure environment preferred.
• Proficiency in using Microsoft packages particularly Excel, Access and VBA preferred.

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.