Senior Quantitative Researcher, SVP

Job Description

Senior Quantitative Researcher

About BNY Investments

BNY Investments is a leading investment manager, with $2 trillion* in assets under management as of March 31, 2024. Through an investor-first approach, the firm brings to clients the best of both worlds: specialist expertise from seven specialist investment managers offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY.

BNY Investments is a division of BNY, which has $48.8 trillion in assets under custody and/or administration as of March 31, 2024. BNY can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY is the corporate brand of The Bank of New York. Additional information is available on www.bnymellon.com . Follow us on Twitter @BNY or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

About BNY Advisors

BNY Advisors is a unique business within BNY which focuses on asset allocation, portfolio construction, manager research, and alternatives within a OCIO context as well as asset management context. The business constructs and manages multi-asset, multi-manager investment strategies using both proprietary and third-party investment strategies.

In addition, the team also acts as a discretionary, or non-discretionary, provider to asset owners on a global basis across institutional, intermediary, and family office channels. The business works across all of BNY and its affiliates and subsidiaries including, but not limited to, BNY Wealth, BNY Pershing, Global Distribution, Asset Servicing, and the various investment affiliates of BNY. BNY Advisors design and implement investment strategies that are bespoke to client needs and objectives using a myriad of asset classes, investment strategies, and overlays.

We’re seeking a future team member for the role of ­to join our BNY Advisors team.

We are looking for a Senior Quantitative Researcher at Senior Vice President level to join our team. This role can be located in Boston,MA, or Pittsburgh, PA, and is a hybrid working role.

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

• Conducting applied research and quantitative analyses on macroeconomic forecasts, asset pricing, portfolio construction, and risk management as they relate the team’s investment strategy.
• Collaborating with research and investment teams to develop and evaluate portfolio strategies by deploying quantitative methods and optimization techniques.
• Capital market assumptions, regime modeling, asset pricing models Monte-Carlo simulation.
• Lead efforts on new initiatives pertaining to multi-asset research and optimization techniques. Prepare and present research reports on assigned topics and research findings.
  
  

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

• 5-10 years’ experience in an asset management organization
• Master’s degree or equivalent in Computational Finance, Mathematics, or related field of study
• Proficiency in probability & statistics (e.g. time-series analysis, machine learning, and data science)
• Hands on programming experience in scripting (e.g. Python) and analytical packages (e.g. R, Matlab)
• A background demonstrating strong analytical problem-solving skills
• An ability to communicate advanced concepts in a concise and logical way
  
  

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.