BNY Mellon | Vice President, Model Development

Responsibilities

• In this role, you’ll make an impact in the following ways:BNY’s VaR Modeling & Pricing Functions team is developing RAVE (Risk Analytics Valuation Engine), our internally built platform for computing market risk of exchange-traded securities.
• Lead end-to-end development of the RAVE platform—define architecture, code core libraries, and drive model implementation in Python.
• Implement pricing functions for fixed-income products—including straight, callable, and convertible bonds, mortgages—and listed equity options.
• Collaborate with Risk Model Management and Risk Technology to secure methodology approval and smooth scalable deployment.
• Establish code-quality standards, conduct design/code reviews, and implement continuous integration and testing pipelines.

Requirements

• Proven track record implementing pricing engines for fixed-income products (straight, callable, convertible bonds, mortgages).
• Experience designing high-throughput data pipelines and managing large market-data sets.

BNY (The Bank of New York Mellon)

BNY is a global financial services company focused on custody and asset servicing, treasury services, and wealth and investment management. Its history goes back to 1784, when Alexander Hamilton helped found the Bank of New York.

BNY's Indian centres hire finance professionals for fund accounting, fund reporting, reconciliations, corporate finance and controls roles.

• Industry: Custody, asset servicing and wealth & investment management
• Headquarters: New York, USA
• In India: Large operations and technology centres in Pune and Chennai