Vice President, Data Management and Quantitative Analysis I

BNY; Boston (MA); Hybrid; USD 165,000 - 185,000; Full time

Job summary

BNY is seeking a Vice President, Data Management and Quantitative Analysis I, to work in Boston, MA. This role involves analyzing datasets, developing financial models, and leading quantitative projects. The right candidate will have a Bachelor's degree in a related field and significant experience in the financial sector.

Compensation ranges from $165,000 to $185,000 per year. Company promotes diversity and encourages all qualified candidates to apply.

Qualifications

• Bachelor’s degree or foreign equivalent in Statistics, Mathematics, Mathematical Finance, or a related field.
• Five years of progressively responsible experience in quantitative occupations in the financial industry.
• Experience in developing statistical and econometric models for asset performance.

Responsibilities

• Provide analytical project management support for assigned area.
• Support with advanced statistical analyses.
• Lead data modeling and quantitative analysis projects.

Skills

Statistical Analysis

SQL

Data Management

Quantitative Analysis

Programming

Project Coordination

Education

Bachelor’s degree in Statistics, Mathematics, Mathematical Finance

Tools

SQL

Excel

Job description

Overview

XBK, LLC seeks Vice President, Data Management and Quantitative Analysis I in Boston, MA, to work with internal and external datasets and client reference data and participate in the development of statistical, financial and/or econometric models for analyzing asset performance, securities data, derivative pricing, risk exposure or other sophisticated concepts.

Provide analytical project management support for assigned area. Support assigned area with advanced, complex statistical, and quantitative analyses. Contribute to the development of the techniques and methodologies to be used for each type of activity/analysis. Lead data modeling and quantitative analysis projects. Use technology tools to conduct analyses. Apply techniques such as SQL and querying and macro development to extract data for populating models. Perform programming or system configuration to set up sophisticated models or algorithms. Understand the relevant processes and products in assigned area and the analyses, methodologies and approaches best support assessment of performance, risk, or valuation. Begin to lead complex projects in support of new or evolving processes/products. Interpret findings, prepare standard and ad-hoc reports and deliver results to management and other leaders. Provide recommendations for addressing observed outcomes. Translate complex technical concepts and analyses to non-technical audiences.

Remote work may be permitted within a commutable distance from the worksite.

Requirements

• Bachelor’s degree, or foreign equivalent, in Statistics, Mathematics, Mathematical Finance, or a related field.
• Five (5) years of progressively responsible experience in the quantitative occupation in the financial industry.
• Experience handling internal and external datasets and client reference data.
• Experience participating in the development of statistical, financial, and econometric models for analyzing asset performance, securities data, derivative pricing, and risk exposure.
• Application of techniques including SQL, querying, and macro development to extract data for models, and programming and system configuration to set up sophisticated models or algorithms.
• Writing automated testing plans for model validation, and creating macros to deliver model results in a concise and clear manner for non-technical business users.
• Coordinating projects as an Agile team Scrum Master to specify, prioritize, and plan the implementation, integration, and launch of platform features and services.
• Interpreting findings, preparing standard and ad-hoc reports, delivering results to management and other leaders, and translating complex technical concepts to non-technical audiences.

Compensation

The base salary for this position is expected to be $165,000.00 – $185,000.00 per year at the commencement of employment. Base salary if hired will be determined on an individualized basis, including as to experience and market location.

Employment Status

This position is at-will, and the company reserves the right to modify the base salary and other discretionary compensation at any time.

Equal Employment Opportunity

BNY is an Equal Employment Opportunity/Affirmative Action Employer. Minorities, females, individuals with disabilities, and protected veterans are encouraged to apply.