Vice President, Data Scientist
BNY Mellon New York, New York, United States · $83K–$209K/yr
Financial Services · 10,001+ employees
About the role
The role involves developing and implementing advanced quantitative models, AI-driven analytics, and pricing frameworks to support the Markets team. You will act as a senior advisor to stakeholders while ensuring model governance, regulatory compliance, and the successful delivery of complex quantitative initiatives.
What they look for
Requirements
Candidates must possess significant experience in quantitative analytics, model development, and machine learning within financial markets. A deep understanding of derivative pricing, XVA frameworks, and strong programming skills are essential for this senior-level position.
Benefits
Full description
Vice President, Data Scientist
We're seeking a future team member for the role of Senior Vice President, Quantitative Analytics to join our Markets team. This role is located in New York.
In this role, you'll make an impact in the following ways:
- Serve as a senior quantitative expert supporting the Pricing, XVA, Securities Finance, and AI-driven analytics businesses, delivering high-impact models, analytics, and strategic quantitative solutions.
- Partner closely with trading, risk, technology, product, and AI engineering teams to develop and enhance quantitative models, advanced analytics, and AI-enabled solutions that support business growth, client outcomes, and risk management objectives.
- Design, implement, and evolve pricing and valuation frameworks across multiple asset classes, ensuring consistency, transparency, robustness, scalability, and readiness for AI-assisted workflows.
- Contribute deep quantitative expertise to the development of XVA analytics, capital optimisation, funding valuation adjustment methodologies, and balance sheet efficiency initiatives.
- Develop innovative quantitative and AI-powered solutions for Securities Finance, including collateral optimisation, inventory analytics, financing strategies, intelligent decision support, and client-focused analytical capabilities.
- Apply advanced statistical, machine learning, and AI techniques to solve complex business problems, improve analytical efficiency, and unlock new commercial opportunities across Markets.
- Act as a trusted advisor to senior stakeholders across Markets, translating complex quantitative, machine learning, and AI concepts into actionable insights and business decisions.
- Provide technical leadership on quantitative methodologies, AI adoption, model architecture, implementation approaches, and analytics strategy across key Markets initiatives.
- Support model governance, validation activities, regulatory engagement, and controls for both traditional quantitative models and emerging AI capabilities, ensuring compliance with internal and external standards.
- Drive the delivery of complex quantitative and AI initiatives from research and experimentation through implementation and production deployment, partnering closely with engineering and platform teams.
- Contribute to the advancement of quantitative and AI best practices, intellectual capital, innovation, and thought leadership across the broader organisation.
To be successful in this role, we're seeking the following:
- Significant experience in quantitative analytics, model development, quantitative research, machine learning, or quantitative platform delivery within financial markets.
- Deep knowledge of derivative pricing, quantitative modelling, valuation methodologies, and risk analytics across one or more asset classes.
- Strong understanding of XVA frameworks, collateral management, funding and capital optimisation concepts.
- Experience applying machine learning, artificial intelligence, or advanced data science techniques to financial markets, trading, risk, or operational challenges.
- Demonstrated track record of designing and delivering complex quantitative and AI-enabled solutions from concept through implementation and production deployment.
- Strong stakeholder management and influencing skills, with the ability to partner effectively with senior business, risk, technology, and regulatory stakeholders.
- Excellent problem-solving, analytical, and quantitative research capabilities.
- Experience supporting model governance, validation, regulatory requirements, and AI risk management within a controlled environment.
- Strong programming skills and experience working with modern quantitative, data science, and AI technology stacks.
- Ability to operate independently, providing thought leadership and technical direction on strategically important initiatives without direct people-management responsibility
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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