Bank of New York Mellon

Position Title/Short Description

Full Text of JOE Listing:

We are looking for candidates with strong econometric modeling background to Economic Forecasting Group (EFG) in the Bank of New York Mellon (BNY Mellon). EFG is part of the Risk Modeling and Analytics (RMA) group within the Risk & Compliance (R&C) division of BNY Mellon.

Responsibilities:

•Development, enhancement and documentation of macroeconomic forecasting methodologies
•Support the execution of macroeconomic forecast scenarios, working closely with key forecasting partners in the bank.
•Communicate with downstream modelers that uses macroeconomic scenarios in the bank such as Finance, Treasury, Model Risk Management.

Required and desired skills/qualifications:

•PhD or Master’s degree in Economics / Econometrics / Quantitative Finance / Statistics / Mathematics, etc. is required
•2+ years of work experience in research / forecasting / business analytics at a leading financial institution / central bank or consulting firm
•Experience in forecasting and statistical analysis of macroeconomic/financial modeling a plus
•Superb analytical background with strong programming and documentation skills. Experience with programming languages or software (e.g., R, E-Views, Stata, Python) considered a plus. R is preferred.
•Extremely focused, detail oriented and highly productive with ability to synthesize large amounts of data and summarize key concepts
•Excellent organizational and communication (verbal and written) skills