Senior Vice President, Model Risk Management at BNY
Worldwide
<div class="container-3Gm1a"><p><span><b>Senior Vice President, Model Risk Validation</b></span></p> <p><span>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.</span></p> <p><span>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.</span></p> <p><span>We are seeking a future team member for the role of <b>SENIOR VICE PRESIDENT</b> to join our <b>MODEL RISK MANAGEMENT </b>team. This role is located in <b>PUNE</b>.</span></p> <p><span>In this role, you may work in one of three disciplines, each responsible for a different type of modelling:</span></p> <p><span><b>1) Credit Risk Modeling (Wholesale or Retail portfolios), 2) Operational Risk, 3) Capital Stress Testing</b></span></p> <ul> <li><span>Lead teams responsible for model validation, risk assessment, and compliance with regulatory requirements.</span></li> <li><span>Oversee end-to-end model validation activities for high-impact, high-risk models.</span></li> <li><span>Ensure effective processes and controls for prompt risk identification, assessment, mitigation, and tracking of issues related to model risk.</span></li> <li><span>Behave ethically and adhere to BNY’s standards, including the Code of Conduct and applicable policies.</span></li> <li><span>Conduct independent testing and analysis of model performance, assumptions, and limitations.</span></li> <li><span>Document validation findings and communicate results to stakeholders.</span></li> <li><span>Demonstrate ownership and accountability for managing model risk holistically, engaging proactively with control functions.</span></li> <li><span>Serve as a role model in creating and sustaining a strong risk culture and support the development of team members.</span></li> <li><span>Collaborate with other risk, compliance, and business leaders to ensure alignment with BNY’s risk management framework and regulatory expectations.</span></li> </ul> <p><span>To be successful in this role, we are seeking the following: </span></p> <ul> <li><span>Master's Degree or PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, econometrics. </span></li> <li><span>Possess a strong analytical background with a solid theoretical foundation coupled with advanced computational programming, technical documentation, and communications skills.</span></li> <li><span>Demonstrated ability to manage diverse group of stakeholders, namely, interactions with model officers, senior executives, auditors, and regulatory agencies.</span></li> <li><span>Minimum 7 years (7 - 10 preferred) of modelling experience in financial services. </span></li> <li><span>Must have experience with complex quantitative modelling, numerical analysis, and computational methods using programming languages (such as Python, C/C++, C#, Java, FORTRAN, MATLAB, SAS) as well as mathematical/statistical software packages. </span></li> </ul> <p><br><span>At BNY, our culture speaks for itself, check out the latest BNY news at:</span></p> <p><a rel="nofollow" href="https://www.bny.com/corporate/global/en/about-us/newsroom.html"><span>BNY Newsroom</span></a></p> <p><a rel="nofollow" href="https://www.linkedin.com/company/bnyglobal/posts/?feedView=all"><span>BNY LinkedIn </span></a></p> <p><span> Here are a few of our recent awards: </span></p> <ul> <li><span>America’s Most Innovative Companies, Fortune, 2025</span></li> <li><span>World’s Most Admired Companies, Fortune 2025</span></li> <li><span>“Most Just Companies,” Just Capital and CNBC, 2025</span></li> </ul> <p><br><span>Our Benefits and Rewards: </span></p> <p><span>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. </span></p> <p><span>BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.</span></p></div>
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