Associate, Data Management & Quantitative Analysis I

Associate, Data Management & Quantitative Analysis I

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.

We’re seeking a future team member for the role of Associate, Data Management & Quantitative Analysis I to join our Asset Management Division, FSG Quants team. This role is located in Pune, MH – HYBRID.

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

• The Quant Team interacts with various teams on a day-to-day basis, primarily the Client Team and Portfolio Managers and is often the conduit between various teams/workflows. These teams often rely on the Quant Team to provide analysis which will be delivered to clients and impact trading decisions.
• The candidates will require quantitative skills and ability to solve complex problems for our LDI clients. Candidates will be required to perform the liability modelling, benchmark changes etc. while maintaining the highest quality of work. Candidates should be able to identify any problems/issues with the results and raise them whenever required. The candidates will also need to be able to understand investment guidelines and apply the relevant process/calculation as necessary.

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

• Bachelor’s degree in actuarial, finance, statistics or mathematics
• Minimum 3-5 years’ work experience in a similar or related role with a top tier firm 
• Insurance/actuarial (pricing, actuarial modelling, pensions)
• Investment bank (interest rate derivative sales, trading and research)
• Financial services (asset and risk management) 
• Ideal candidates would have strong work experience and relevant knowledge in the following areas
• Actuarial modelling and processes (experience in UK pensions is preferred).
• Understanding of interest rate and inflation risk and techniques to quantify these risks
• Solid understanding of fixed income, derivative markets and hedging/LDI techniques
• Ability and desire to apply numerical skills in the workplace. Candidate with mathematics, economics, statistics and/or actuarial background is preferred.
• Ability to work in a highly collaborative team environment. Candidate will need to work with UK and Pune team members simultaneously
• Candidate should have strong quantitative skills and be fluent in English. Preferably hold a numerical degree or quant-orientated qualifications or progress towards actuarial or investment (e.g. CFA) designation. Strong proficiency in Excel is also required.
• The person should have strong verbal and written communication as s/he will need to articulate his/her thought process in any given task and set these out via email (e.g. setting out modelling process/assumptions). S/he should also be deadline driven, have strong analytical skills and be detail orientated as there is a lot of operational risk within our day-to-day role. S/he should also have a strong work ethic and be committed to meet the deadlines.

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.