Vice President, Model Development at BNY

Wrocław, Lower Silesian Voivodeship, Poland -

Full Time

Start Date

Immediate

Expiry Date

23 Feb, 26

Salary

0.0

Posted On

25 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quantitative Analysis, Model Development, Programming, Stochastic Processes, Numerical Analysis, Computational Methods, Independent Research, Problem Solving, Attention to Detail, Financial Theory

Industry

Financial Services

Description

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. We're seeking a future team member for the role of Vice President, Model Development, to join to our Economic Capital Modelling team. This role is located in Wroclaw. The Model Development II role will contribute to the biggest modeling department within the BNY. The candidate will join Economic Capital Modeling team supporting ICAAP/ICARA processes and will be expected to provide end to end support for models providing 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 is expected to be executed with adherence to the corporate-wide standards for model development and best industry practices. The incumbent will be responsible for identifying problems that can be solved by the application of financial theory and development of models improving the firm's operations. This can entail investigating and selecting frameworks best suited to solve a problem and deciding on the scope of the solution. In this role, you'll make an impact in the following ways: 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. To be successful in this role, we're seeking the following: Master's Degree/PhD in a quantitative discipline such as engineering, mathematics, physics, statistics, economics. The candidate must have a superb quantitative and analytical background with a solid theoretical foundation coupled with programming skills. Minimum 1 year (2-3 preferred) of modeling related experience preferably in financial services. Should have experience with stochastic processes, numerical analysis, and computational methods using programming languages (preferable Python) as well as mathematical/statistical software packages. Extremely focused, detail oriented, with inquisitive nature. Should have ability to conduct independent research, identify problems, formulate and implement solutions. Candidate commitment to the quality of their work is expected. At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn Here's a few of our recent awards: America's Most Innovative Companies, Fortune, 2025 World's Most Admired Companies, Fortune 2025 “Most Just Companies”, Just Capital and CNBC, 2025 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.

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Responsibilities

The Vice President, Model Development will be responsible for the technical direction, accuracy, and soundness of quantitative methods in the assigned area. This role involves providing end-to-end support for models that are key inputs to management decisions and reported to Senior Management and the Board of Directors.