Vice President, Data Management & Quantitative Analysis

This role is located in New York, NY.

About the role

Join the First Line Exposure Optimization Team with a focus on the Securities Finance (Equities and Fixed Income) Businesses.

• Governance & Monitoring: Monitor and manage the Securities Finance financial risks in partnership with 2nd Line Risk.
• Help expand the various house margins/haircut methodologies built in coordination with 2nd Line Risk.
• Assess the risk and reward of the existing portfolio and analyze new business opportunities.
• Enhance client exposure monitoring reports, streamline new business/terms approvals (margin, limit & bespoke agreements).
• Improve the non-Standard collateral limit framework/process within the principal business and help source the collateral at right margins to minimize risk.
• Optimize financial resources within the Securities Finance business (CCAR optimization, Stress testing and other Risk/Capital constraints).

Product Design

• Continue to improve risk monitoring/margining capabilities.
• First Line Risk team works in partnership with Credit, Market and Liquidity Risk to design and implement limit monitoring & client monitoring tools.
• Automate recurring management reporting and monitoring of intraday activities.
• Support implementation of AI-enabled workflows.

Escalation & Workouts

• Help coordinate and manage relevant counterparty “Fire drill” with the various firm stakeholders.
• Spearhead reporting to senior management ad-hoc exposure and counterparty summaries during times of market volatility.

Requirements

• Bachelor’s degree in a quantitative discipline (Finance, Math, Science/Engineering or Quantitative Finance) or equivalent.
• Experience in Prime Brokerage risk, Repo risk or other client-facing, first-line risk functions.
• Subject matter expertise, risk challenge, and analytics expertise.
• Strong communication and analytical skills.
• Ability to appropriately interact with senior management and other lines of businesses.
• Ability to back-test and perform quantitative analysis is important for the role.
• Market Risk Experience in FICC products; Credit Risk understanding a plus.
• 6 years of total work experience (preferred).

About Us

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what it's all about.

Benefits

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.

• Eligibility for an annual discretionary incentive award.
• 401(k) plan participation.
• Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and eligible dependents.
• Various paid time off benefits, such as vacation and sick time, depending on the position offered.

Pay

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package.