VP, First Line Exposure Optimization & Risk Analytics

BNY Mellon; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

BNY Mellon is seeking a Vice President for First Line Exposure Optimization within the First Line Risk team in Markets, based in New York, NY. The role focuses on governance, monitoring, and optimization of Securities Finance risks across equities and fixed income, working with 2nd Line Risk to enhance risk controls and reporting.

You will drive risk analytics, back-testing, and design of monitoring tools, plus automate intraday reporting and support AI-enabled workflows.

Qualifications

• Bachelor’s degree in a quantitative discipline or equivalent.
• Experience in Prime Brokerage risk, Repo risk or other client facing, first line risk functions.
• Subject matter expertise, risk challenge, and analytics expertise.
• Strong communication and analytical skills.
• Ability to interact with senior management and other lines of business.
• Ability to back-test and perform quantitative analysis.

Responsibilities

• Monitor and manage Securities Finance financial risks in partnership with 2nd Line Risk.
• Expand house margins/haircut methodologies with 2nd Line Risk.
• Assess risk and reward of existing portfolio and analyze new opportunities.
• Enhance client exposure monitoring reports and streamline approvals.
• Improve collateral limit framework and source collateral at right margins.
• Optimize resources within Securities Finance (CCAR, stress testing, risk/capital constraints).
• Design and implement limit monitoring and client monitoring tools with other risk teams.
• Automate recurring management reporting and intraday monitoring.
• Support implementation of AI-enabled workflows.
• Coordinate counterparty fire drills with firm stakeholders.
• Spearhead reporting to senior management during market volatility

Skills

Prime Brokerage risk analytics

Back-testing & quantitative analysis

Risk analytics

Communication with senior management

6+ years work experience

FICC Market Risk

Education

Bachelor’s degree in Finance/Quantitative field

Job description

BNY Mellon is seeking a Vice President for First Line Exposure Optimization within the First Line Risk team in Markets, based in New York, NY. The role focuses on governance, monitoring, and optimization of Securities Finance risks across equities and fixed income, working with 2nd Line Risk to enhance risk controls and reporting.

You will drive risk analytics, back-testing, and design of monitoring tools, plus automate intraday reporting and support AI-enabled workflows.