Vice President, Model Risk Management

BNY is seeking a Vice President, Model Risk Management to join its Model Risk Management team. The role involves performing validation of AI/ML models, designing and executing tests, and assessing AI explainability and fairness.

Requirements

• Master’s degree or PhD in a quantitative discipline such as Engineering, Mathematics, Physics, Statistics, Econometrics, or Data Science.
• 4–5 years’ experience post-Master’s degree (PhD holders with relevant research experience may qualify).
• Strong theoretical foundation in ML/AI techniques including supervised, unsupervised, and deep learning methods.
• Hands-on experience with ML/AI frameworks and libraries such as TensorFlow, PyTorch, scikit-learn, and XGBoost.
• Programming proficiency in Python or R (MATLAB or similar acceptable).
• Excellent communication and presentation skills with the ability to explain complex concepts to non-technical stakeholders.
• Keen interest in financial engineering, market-product modelling, econometrics, data science, or AI.

Benefits

• Generous Paid Time Off
• 401k Matching
• Retirement Plan
• Health benefits
• Wellbeing programs
• Paid volunteer time