SVP, Principal Business Analyst – Third Party Application Engineering

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]

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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.

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.