BNY Mellon

Senior Associate, Data Scientist

BNY Mellon New York, New York, United States · $71K–$121K/yr

Financial Services · 10,001+ employees

5 h ago
data-scientist Senior (5-10 yrs) Full-time United States
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About the role

You will design and develop AI-powered applications and intelligent workflows to support wealth and investment management objectives. Additionally, you will integrate financial data and build scalable analytical solutions to enhance portfolio construction and investment research.

What they look for

Python Data science Software engineering Artificial intelligence Quantitative analysis Portfolio construction Risk modeling Machine learning Retrieval-augmented generation Data pipelines API development Financial technology Statistical techniques Cloud-native development Investment research Agentic applications

Requirements

Candidates must have 4-7 years of experience in software engineering, quantitative analytics, or a related field with strong programming skills in Python. A solid mathematical foundation and practical experience with financial data sets and investment platforms are required.

Benefits

Health insurance Dental insurance Vision insurance Life insurance 401(k) plan Paid time off Paid volunteer time Discretionary incentive award

Full description

Overview

This is a senior hands-on engineering role focused on building and scaling AI-powered solutions for Wealth & Investment Management. You will work at the intersection of investment expertise, quantitative analysis, and modern AI technologies to create intelligent applications that enhance portfolio construction, investment research, advisor productivity, and client outcomes.

The ideal candidate combines strong mathematical and analytical capabilities with a passion for software engineering and applied AI. You will partner with investment professionals, product leaders, data scientists, and engineers to transform complex financial challenges into innovative, production-grade AI solutions.

In this role, you'll make an impact by:

  • Designing and developing AI-powered applications, intelligent workflows, and agent-based solutions that support Wealth & Investment Management business objectives.
  • Building portfolio analytics, investment research, and decision-support solutions leveraging market, client, and third-party data sources.
  • Integrating and operationalizing data from multiple investment platforms, market data providers, and financial systems to create scalable AI-ready data products.
  • Developing APIs, data pipelines, automation frameworks, and reusable software components that accelerate solution delivery.
  • Applying quantitative and statistical techniques to support portfolio construction, risk analysis, performance attribution, and investment insights.
  • Assisting in the implementation of retrieval, embedding, semantic search, and knowledge-driven capabilities to enhance investment workflows.
  • Supporting testing, model evaluation, monitoring, and operational activities to ensure solution quality, accuracy, and reliability.
  • Contributing to shared frameworks, engineering standards, reusable assets, and technical documentation across the AI Garage.
  • Participating in code reviews and adopting engineering best practices to promote maintainability, scalability, and security.
  • Continuously exploring emerging AI, data science, and financial technology innovations to drive differentiated business value.

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

  • 4-7 years of experience in software engineering, quantitative analytics, financial technology, data engineering, AI engineering, or a related field.
  • Strong mathematical, statistical, and analytical foundation with the ability to apply quantitative concepts to real-world investment and wealth management challenges.
  • Practical experience with portfolio construction, investment analysis, asset allocation, risk modeling, investment research, or related Wealth & Investment Management disciplines.
  • Strong programming skills in Python and proficiency with data analysis libraries and software engineering best practices.
  • Experience working with financial data sets, investment platforms, market data vendors (FactSet, Bloomberg, Morningstar, or similar), and portfolio analytics solutions.
  • Familiarity with cloud-native development, APIs, databases, and modern software development lifecycle practices.
  • Exposure to Generative AI, machine learning, agentic applications, retrieval-augmented generation (RAG), or advanced analytics solutions.
  • Hands-on experience developing data pipelines, integrating third-party data sources, and building scalable analytical applications.
  • Strong problem-solving and critical-thinking skills with the ability to translate complex business requirements into practical technical solutions.
  • Excellent communication and collaboration skills with the ability to work effectively across investment, product, and engineering teams.
  • Intellectual curiosity and a passion for applying emerging AI technologies to solve complex financial and investment challenges.

Preferred Qualifications

  • Experience supporting portfolio management, investment advisory, model portfolio, or wealth management platforms.
  • Knowledge of optimization techniques, quantitative finance, portfolio construction methodologies, and risk analytics.
  • Practical implementation experience with agentic AI solutions, MCP/A2A integration patterns, and automated evaluation and validation frameworks.
  • Experience building production-grade AI applications in regulated financial services environments.

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.

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.

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 at the bottom 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, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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