Senior Associate, Data Management & Quantitative Analysis

Job Description

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 is all about.

As a leading wealth manager, BNY Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices — Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies — they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations.

We’re seeking future team member for our Senior Associate, Data Management & Quantitative Analysis role located in New York, NY. Hybrid work available.

In this role, you’ll make an impact in the following ways:

• Under moderate guidance, works with internal and external datasets and client reference data and provides analysis in the development statistical, financial and/or econometric models for analyzing asset performance, securities data, derivative pricing, risk exposure or other sophisticated concepts.
• Provides analytical support and prepares drafts of standard and ad hoc reports for assigned area.
• With moderate guidance, supports assigned area with more advanced statistical and quantitative analyses.
• Serves as resource to less experienced colleagues. Runs models, looks for exceptions, takes corrective action.
• Uses technology tools to conduct analyses. Applies techniques such as SQL and querying and macro development to extract data for populating models.
• Has a good understanding of the relevant processes and products in assigned area and which analyses, methodologies and approaches best support assessment of performance, risk, or valuation. Interprets findings and prepares initial drafts of standard reports.
• Prepares ad-hoc reports at the request of managers and/or other leaders. Translates complex technical concepts and analyses to non-technical audiences.
• Reviews accuracy of reports and calculations performed by less experienced colleagues.
• No direct reports. Provides guidance to more junior analysts. Primarily responsible for the accuracy and quality of own work. Work contributes to the achievement of team goals.
  
  

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

• Bachelors degree or the equivalent combination of education and experience.
• Advanced degree in quantitative analysis preferred.
• 3-5 years experience preferred.
• Experience in quantitative finance and technology 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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $66,000 and $115,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.