SVP, Principal Business Analyst – Third Party Application Engineering
Quick Overview
Job Description
We’re seeking a future team member for the role of Senior/ Principal Business Analyst to join our Execution Services: Risk & PnL team. This role is in New York
In this role, you’ll make an impact in the following ways:
Participate in team-developing mission-critical systems that are dependent on financial market transitions and support day-to-day enhancements across front office, Operations and Asset Servicing
Will be in-charge for developing Pricing Methods working closely with trading & Quantitative groups
Analyze/ Support operations/ Trading/ Quants and other groups around day-to-day pricing / PnL/ PnL explanatories in a timely manner
Work closely with Risk Domain to support each domain’s Risk Needs (Market Risk/ Credit Risk/ VaR/ CCAR)
Collaborate with quantitative group, Model Valuation Group and traders for Supporting / Testing the code
Create and implement system testing procedures
Principle Business Analyst ->> Consults with internal team members and other senior development team members in developing Pricing tools for trading. business groups to provide high-level application software development services or technical support. Analyzes information and supports lines of business to address and resolve business issues for a specific business group. Consults with IT management and technical staff regarding use of emerging technologies and associated services
To be successful in this role, we’re seeking the following:
Bachelor's degree in computer science or a related discipline, or equivalent work experience required, advanced degree is preferred.
10-12+ years of experience of equivalent work experience in OTC derivatives
10+ Years of experience running / Managing/ Configuring OTC Trade Processing/ Pricing / Risk Management Tools
Software development knowledge is necessary
Understanding OTC Products – CDS/ IRS/ Swaptions/ Caps-Floors/ FX SWAPS/ X-CCY SWAPS / Exotic Products
Ability to perform Impact Analysis based on discounting methodologies
Understanding around the implementation & changes necessary to implement SOFR/ ESTER discounting
Understanding of Life Cycle Management of OTC products
Familiarity with testing concepts and frameworks
Understanding & Proficiency around building curves for pricing OTC products [ Boot Strapping the zero curves and building scenarios & base curves for pricing]
Desired Skills and Experience:
Deep Understanding of OTC derivatives & Pricing of OTC ( Fixed Income Products)
Proficiency with SQL and Scripting language
Understanding of FpML / XML
Product Proficiency – SUMMIT Trading System
Highly quantitative knowledge to analyze the issues and provide necessary solutions within the pricing domain
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 #LifeAtBNY is all about. Join us and be part of something extraordinary.Similar jobs
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