Job Description

:Senior Associate, Data ScientistAt BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worldxe2x80x99s financial system we touch nearly 20% of the worldxe2x80x99s 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.Wexe2x80x99re seeking a future team member for the role of Senior Associate, Data Scientist to join our Corp Tech team. This role is located in Pune xe2x80x93 HYBRID.In this role, youxe2x80x99ll make an impact in the following ways:

• Collaborate with stakeholders throughout the organization to develop project plans of delivering objects and timelines of model development and implementation.
• Develop risk models in Python/R used by risk teams for regulatory stress testing submission and company risk management. Design and build the execution workflow of models to forecast Balance Sheet, Fee Revenues, Macroeconomic Factors, Expense and calculate risk metrics under various stress scenarios, sensitivity & attribution analysis.
• Develop processes and tools to monitor and analyze model performance to ensure the expected application performance levels are achieved. Also, apply various statistical and analytical tests for validating models and results.
• Coordinate with different functional teams to implement models and coordinate coding, testing, implementation and documentation of financial models.
• Develop presentation decks using visual analytics tools and techniques. (JupyterHub/Python)
• Apply data mining, data modelling and machine learning techniques to analyze large financial datasets and enhance the model performance.

To be successful in this role, wexe2x80x99re seeking the following:

• Bachelor/Master/PhD's Degree in a quantitative field (computer science, financial engineering, mathematics, data science or engineering)
• Experience using one or more programming languages (Python, R, C++, Java, Matlab, etc.) and manipulating data using SQL and Pandas
• Excellent written and verbal communication skills for coordination across teams
• Understanding of design, development and implementation of mathematical, financial risk and ML models
• 2 - 5 years of experience in a related field based on education level
• Nice to have knowledge of advanced statistical techniques and concepts (regression, time series analysis, statistical tests, etc.)

At BNY, our culture speaks for itself. Herexe2x80x99s a few of our awards:

• Americaxe2x80x99s Most Innovative Companies, Fortune, 2024

• Worldxe2x80x99s Most Admired Companies, Fortune 2024

• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024

, Disability: IN xe2x80x93 100% score, 2023-2024

• xe2x80x9cMost Just Companiesxe2x80x9d, Just Capital and CNBC, 2024

• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024

• Bloombergxe2x80x99s 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 lifexe2x80x99s 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.

BNY Mellon