Vice President, Model Development II
Miejsce pracy: Wrocław
Your responsibilities
- Responsible for the technical direction, accuracy and soundness of quantitative methods in the assigned area.
- Decisions and assumptions recommended by the incumbent have significant impact on the financial and risk position of the Bank or legal entity supported.
Our requirements
- Masters Degree/PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, economics. The candidate must have a superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills.
- Minimum 2 years (2 - 5 preferred) of modeling experience in financial services. Must have experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as R or Python) as well as mathematical/statistical software packages.
- Must be extremely focused, detail oriented, results oriented and highly productive. Must have a proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time. The candidate must have excellent scientific and technical documentation and presentation skills, assertiveness & influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language.
What we offer
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.
Benefits
- sharing the costs of sports activities
- private medical care
- sharing the costs of foreign language classes
- sharing the costs of professional training & courses
- life insurance
- remote work opportunities
- dental care
- retirement pension plan
- saving & investment scheme
- no dress code
- coffee / tea
- leisure zone
- employee referral program
- charity initiatives
Recruitment stages
- Application to the system
- On-line Interview
- Feedback within 2 weeks
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.
Position Summary
The Model Development II will contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business. The models make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis. The role will be to execute corporate-wide standards for model development. The incumbent will be responsible for leading work to develop and maintain credit risk models (PD, LGD and EAD risk parameters) used in capital planning, reserve estimation and regulatory capital purposes.
BNY
For over 235 years, Bank of New York (BNY) has been at the center of the global financial markets, providing the world’s leading institutions the tools, capabilities, and services to be distinctive investors. We power individuals and institutions to succeed in the global economy providing investment management, investment services and wealth management. With a dedicated business presence on six continents and in 35 countries, BNY delivers global scale at the local level. The Global Delivery Centre in Wroclaw is a growing location, predominately providing support services to BNY entities in the areas of fund accounting, investment operations and technology. Our organizational culture stands on solid values – Integrity, Strength in Diversity, Passion for Excellence and Courage to Lead. Our guiding principles drive us to always do what’s right, helping everyone feel included on the way, to take the risks necessary to lead and get things done.
Dear Applicant,If you apply for this role this means you agree with the following statement:Through my application for a role with BNY Mellon (Poland) sp. z.o.o. (the Company) I hereby authorize the Company to process my personal data for the purposes of recruitment. Furthermore I declare that I am aware of the voluntary submission of data and I am informed about the right to access the data and the right to correct it, pursuant to the Personal Data Protection Act of 29 August 1997 (Journal of Laws [Dz.U No. 133, item 883)”. I authorise the Company to process my personal data for future recruitment processes.Furthermore, I authorize BNY Mellon and its’ affiliates, Taleo (UK) Limited to process my personal data.BNY Mellon and affiliates registration details.-BNY Mellon (Poland) sp. z.o.o Registered office – Swobodna 3, 50-088 WroclawThe Bank of New York Mellon (International) Limited – 1 Canada Square, London, E14 5ALThe Bank of New York Mellon SA/NV – 46 Rue Montoyerstraat, B-1000 Brussels, BelgiumTaleo (UK) Limited Registered office - 78-586 Chiswick High Road, London W4 5RP, United Kingdom.Please note that during the recruitment process you may be asked to provide further information and supporting documents. The information provided may be verified and reviewed, to the extent permitted by the law, as to their veracity and accuracy.
