Vice President, Data Management & Quantitative Analysis Manager II

OTC Derivative Valuation, VP - OTC Derivatives Valuation

Company

For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the centre of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon Is a Leader in The World Of Investment Services And Investment Management, And Our Businesses Support The Full Range Of Stakeholders Of The Financial System.

Team

OTC Derivatives Valuations is a specialized team within the Middle Office Group 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. 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 a VP within the OTC Derivatives Valuations Team you will be Leading a team of quantitative analysts and will be reporting to the Head of Dublin OTC Valuations. Your responsibilities will include:

• End-to-end management of Pricing and Valuation of OTC Derivatives for the Business Line
• Managing internal stakeholders and clients, onboarding of new clients and businesses, managing queries and escalations related to pricing and valuation and representing the OTC Valuation team in front of clients and internal stakeholders
• Monitoring KRIs and KPIs for the business line and the team, identifying and mitigating control gaps, documentation of controls and development of analytics for improving valuation and price validation process
• Career management, training and mentorship of the team aligned to the business line.

What we are looking for

• Bachelor's degree in Finance, Engineering, Mathematics or Statistics
• 7 - 10 years of experience in finance
• 3 - 5 years of experience managing a team
• Excellent analytical, organizational and time management skills
• Ability to effectively prioritise, self-start and execute in high-pressure environment
• Proficiency in using Microsoft packages particularly Excel, Access and VBA

• Master's degree in Finance, Engineering, Mathematics or Statistics
• CFA or equivalent specializations
• Prior experience in analysis of prices and valuation of OTC Derivatives

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

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.