<ul>
<li xss=removed>An empowered employee is an engaged employee. BNY Mellon’s <a href="https://www.bnymellon.com/us/en/who-we-are/diversity-inclusion/employee-resource-groups.jsp">E/BRGs</a> engage our people in driving culture change across business lines and regions.</li>
<ul xss=removed>
<li aria-level="2">These groups provide opportunities to share, network, collaborate on the basis of shared interests, common attributes and cultural heritage. They offer mentoring and reverse mentoring programs; professional development workshops; and leadership skill-building and cross-border teaming, volunteering and pro bono opportunities, among other activities that can raise an employee’s visibility, enhance professional capability and capacity, and build trusted working relationships with global colleagues, clients and partners.</li>
<li aria-level="2">In 2020, E/BRG leaders and volunteers came together to launch the first Cross-E/BRG Mentoring Program, aimed at driving greater connectivity and collaboration through intersectionality of differences. The pilot cohort included 60 mentors and mentee pairs from each of BNY Mellon’s six E/BRGs with global representation. Plans are underway to scale up participation in 2021 and the near-term goal is to grow the initiative into a BNY Mellon enterprise mentoring program.</li>
<li aria-level="2">E/BRG membership continues to grow year-over-year. With nearly 400 volunteer leaders and 12,000 unique members, one in four BNY Mellon employees are a member of an E/BRG.</li>
</ul>
</ul>
<ul xss=removed>
<li aria-level="1">When we intentionally include and nurture diversity at all levels and across all businesses, we are supporting a culture where each of us can feel heard and valued. And when people feel truly appreciated, they are engaged, which leads to higher rates of job satisfaction, retention, productivity and performance.</li>
<ul>
<li aria-level="2">To strengthen our inclusive environment, we are delivering enhanced training programs and providing forums to educate and create awareness, such as our Courageous Inclusion Dialogues and Lecture Series.</li>
<li aria-level="2">Additionally, our most senior leaders participate in unconscious bias and inclusive leadership training and workshops to enable them to be more successful leaders of diverse, high-performing teams.</li>
</ul>
</ul>
<ul xss=removed>
<li aria-level="1"> Resources : We believe inclusion to be an essential leadership competency. To support DEI (Diversity, Equity & Inclusion) skill-building for all of our people, we are rolling out new resources and curricula in 1Q 2021, including:</li>
<ul>
<li aria-level="2">“Strength in Diversity: Consciously Unbiased Decision Making,” a 4-part course on how to mitigate the impact of implicit bias on workplace decisions and actions, and</li>
<li aria-level="2">“Passion for Excellence: Inclusion Powers Our Success,” a 6-part course on understanding different lived experiences and leveraging authenticity and differences to competitively differentiate, drive high performance and effectively lead change.</li>
</ul>
</ul>
<ul xss=removed>
<li aria-level="1">Diversity, Equity & Inclusion Academy : a new learning platform that will serve up curated resources to enable employees to foster continuous learning and enable employees to differentiate their skills and capabilities as inclusive leaders and culture change agents.</li>
<ul>
<li aria-level="2">The DEI Academy will provide best practice guides, behavior-based toolkits, team-building and courageous conversation resources, the latest research and evidence-based insights, and SME videos and podcasts.</li>
</ul>
<li aria-level="1"> Training : In our Pershing division, a pilot training program is underway to address needs identified through focus groups with managers.</li>
<ul>
<li aria-level="2">These discussions revealed ways to improve utilization and scale what’s working as well as a development opportunity for managers to improve intentional inclusion of Black and Latinx employees and to design a skill-building session that leveraged employee listening and feedback platforms, such as annual employment engagement surveys and pulse surveys.</li>
<li aria-level="2">A series of three workshops, delivered over six months, to 100 select Pershing managers will center on the themes of 1) Seeing the World Through Your Diverse Employees’ Eyes, 2) Understanding, Accepting and Mitigating Fears, Uncertainty and Biases, and 3) Implementing Effective and Authentic Managerial Advocacy.</li>
</ul>
</ul>
<ul xss=removed>
<li aria-level="1">Our India region’s popular DEI (Diversity, Equity & Inclusion) Week continues to engage hundreds of employees. In 2020, a robust four-day program culminated in the Diwali celebration with E/BRG India chapters collaborating to deliver thought leadership and interactive learning covering topics intersectionality of generation and LGBT+ identities, women championing women in the workplace, work/life integration, personal brand and resilience during difficult times.</li>
<ul>
<li aria-level="2">“<a href="https://www.communitybusiness.org/programmes-campaigns/me-india">This is Me</a>,” a storytelling campaign launched with external partner, Community Business, amplified employees’ lived experiences to help destigmatize disability and mental health in the workplace.</li>
</ul>
</ul>
 <img class="d-none d-md-block" title="BNY_500x200-3.jpg" src="https://assets.jobsforher.com/uploads/admin/blogs/blobid1622449777652.jpg" alt="" width="500" height="200">
<img class="d-block d-md-none" title="BNY_300x100-3.jpg" src="https://assets.jobsforher.com/uploads/admin/blogs/blobid1622449806832.jpg" alt="" width="300" height="100">

diversity_1

BNY MELLON

&lt;p&gt;&lt;b&gt;Overview&lt;/b&gt; &lt;/p&gt; &lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span&gt;Specialist, Model Risk Management&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Specialist (Model Risk Analyst) will contribute to highly visible enterprise-wide model validation function in the organization. The models make 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 will be to execute enterprise standards for model validation. The incumbent will be responsible for identifying and evaluating model risk and propose controls to manage that risk. This will entail following the scope of a validation effort and executing tests and reviews. The incumbent may work in one of five disciplines, each responsible for a different type of modeling:1) Credit Risk Modeling2) Treasury Modeling3) Market Risk Modeling4) Pricing Modeling5) Forecasting&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span&gt;Responsibilities:&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;ul style=&quot;list-style-type:square&quot;&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Execute enterprise standards for model validation by applying techniques and methodologies to test assumptions and review outcomes of a model. Tests and reviews align to the validation scope established by more senior colleagues.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The incumbent will be responsible for identifying and evaluating model risk and proposing controls to manage that risk. Subsequent to the validation of a model, the incumbent is expected to lead projects that automate prior testing, allowing risk to be assessed on a dynamic basis.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The incumbent may be required to construct shadow models that run alongside those in production, allowing Model Risk Management to monitor performance in real time.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;No formal supervisory responsibility. Primarily responsible for the accuracy and quality of own work .Modified based upon local regulations/requirements.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span&gt;Required Qualifications: &lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;ul style=&quot;list-style-type:square&quot;&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Master&#39;s Degree/PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, econometrics. The candidate must have a superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;0-2 years of experience. Must have experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as C/C++, C#, Java, FORTRAN, MATLAB, SAS) as well as mathematical/statistical software packages. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Must be extremely focused, detail oriented, results oriented and highly productive. Must have a proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;  &lt;li&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The candidate must have excellent scientific and technical documentation and presentation skills, assertiveness &amp;amp; influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;br&gt;&lt;br&gt;Employer Description:&lt;br&gt;&lt;br&gt;For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world&#39;s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It&#39;s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.&lt;br&gt;&lt;br&gt;

Job Details

Skills Required

More Details

Job Closed