At a Glance
- Tasks: Support Front Office Investment Management and troubleshoot operational issues.
- Company: Join BNY Mellon, a leader in global financial services with a focus on innovation and inclusion.
- Benefits: Enjoy competitive pay, flexible resources, generous paid leaves, and a strong culture of excellence.
- Why this job: Make an impact in a fast-paced environment while working with top professionals in finance.
- Qualifications: Bachelor's degree in finance or related field; experience in quantitative finance is a plus.
- Other info: Hybrid role located in London, perfect for those eager to learn and grow.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Overview
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Business Analyst to join our Data and Platform Solutions Team, supporting Front Office Services. This role is located in London, Hybrid.
In this role, you’ll make an impact in the following ways:
Primary Role:
- Support Front Office Investment Management (Portfolio Management, Trading, Operations, Investment Risk).
- Support the portfolio management and trading functions in their day-to-day tasks and operations.
- Facilitate in the successful delivery of small projects into the production environment.
- Support testing of infrastructure changes & quarterly Disaster Recovery testing.
- Contribute to improvements in the application support environment.
- Troubleshoot day-to-day operational issues implementing long-term solutions which support the overall objective of reducing the number of incidents.
Secondary Role:
- Application Support.
- Work with Front Office users and project teams to review requirements of business users to deliver solutions (operating model, control framework) which will deliver the agreed business outcomes.
- Responsible for analysis, solutions design, and quality assurance to ensure delivery quality and business realization.
- Responsible for communication of the status deliverable, key issues, risks, and dependencies.
- Interface effectively with other support teams and build relations with key IT users and Applications Vendor support.
To be successful in this role, we’re seeking the following:
- An understanding and/or experience in a quantitative finance domain such as derivatives models, pricing models, risk models, performance models.
- An understanding of the asset management industry: portfolio management, trading.
- Good understanding of the investment management business, fund structures and processes (passive vs active fund management, re-allocation, rebalancing, etc.).
- Front office and operations support experience within the asset management business is a plus.
- Understanding of the Asset Management regulatory environment is a plus.
- Effective stakeholder management including senior managers, and ability to work well with others at all levels.
- Strong project management and coordination skills; able to manage multiple priorities.
- Aptitude for learning new front office support tools, concepts, and investment management systems.
- Enjoy a fast-paced and high-intensity environment.
- Bachelor’s degree or higher in capital markets finance (financial engineering), structured finance or similar quantitative field (economics, investment management, risk, etc.), or equivalent work experience.
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024.
- World’s Most Admired Companies, Fortune 2024.
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024.
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024.
- “Most Just Companies”, Just Capital and CNBC, 2024.
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024.
- Bloomberg’s Gender Equality Index (GEI), 2023.
Our Benefits and Rewards:
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.
BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Employer Description:
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’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’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.#J-18808-Ljbffr
Business Analyst, Front Office Risk & Investment Analytics Support employer: The Bank of New York Mellon
Contact Detail:
The Bank of New York Mellon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst, Front Office Risk & Investment Analytics Support
✨Tip Number 1
Familiarize yourself with the latest trends in quantitative finance and investment management. Understanding derivatives models, pricing models, and risk models will give you a competitive edge when discussing your insights during interviews.
✨Tip Number 2
Network with professionals in the asset management industry. Attend relevant events or webinars to connect with individuals who work in front office roles. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Demonstrate your project management skills by discussing any relevant experiences where you managed multiple priorities or facilitated small projects. Highlighting these experiences can show your ability to thrive in a fast-paced environment.
✨Tip Number 4
Research BNY Mellon’s culture and values thoroughly. Being able to articulate how your personal values align with their commitment to innovation and inclusivity can make a strong impression during your interactions with the hiring team.
We think you need these skills to ace Business Analyst, Front Office Risk & Investment Analytics Support
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Business Analyst position. Familiarize yourself with terms like portfolio management, trading, and investment risk to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize any experience you have in quantitative finance, asset management, or front office support. Use specific examples that demonstrate your skills in project management and stakeholder communication.
Customize Your Application: Tailor your application materials to reflect the language and values mentioned in the job description. Show how your background aligns with BNY's commitment to innovation and inclusivity in the workplace.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any grammatical errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial in a financial services environment.
How to prepare for a job interview at The Bank of New York Mellon
✨Understand the Financial Landscape
Make sure you have a solid grasp of quantitative finance concepts, especially derivatives and risk models. Familiarize yourself with the asset management industry, including portfolio management and trading processes, as this knowledge will be crucial during your interview.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific examples where you've successfully troubleshot operational issues or implemented long-term solutions. Highlight your ability to manage multiple priorities and deliver quality results under pressure.
✨Communicate Effectively
Demonstrate your stakeholder management skills by discussing how you've effectively communicated with senior managers and team members in previous roles. Be ready to explain how you keep everyone informed about project statuses, key issues, and risks.
✨Familiarize Yourself with BNY's Culture
Research BNY Mellon’s values and recent awards to understand their commitment to innovation and inclusivity. Be prepared to discuss how your personal values align with their culture and how you can contribute to their mission of making money work for the world.