THE BANK OF NEW YORK MELLON – $117,499.00/Year

Masters degree or foreign equivalent in Economics, Quantitative Finance, Finance, Computer Science or a related field, and two 2 years of experience in the job offered or in a related occupation. Two 2 years of experience must include Utilizing Quantitative Risk Management Risk Framework and Management Repository application software to support the management of Liquidity Risk and Interest Rate Risk of the balance sheet; Performing QRM stochastic and deterministic interest rate modeling and cash flow modeling and calibration using QRM framework for balance sheet items including deposits, fixed income securities, structured mortgage products, loans, lease, and derivatives; Modeling of bank portfolio investments in fixed income and structured securities in QRM Framework to configure and perform cash flow modeling via Intex integration, prepayment modeling of structured and mortgage products using third party and vendor supplied mortgage prepayment models including ADCo models or QRM prepayment models, and Future Market Value modeling; Developing and configuring models and functionalities, to troubleshoot and enhance existing processes, and to analyze and review inputs and outputs of QRM models; Performing data analysis and modeling using relational databases SQL server and query tools SQL Analyzer and programming; Performing Asset Liability Management functions including Liquidity, Interest Rate Risk, Capital, Balance Sheet forecasting and planning, and Regulatory Stress Tests; and Developing models and managing related validation and model risk management workstreams. Remote work may be permitted within a commutable distance from the worksite.