Overview
Who We Are?
For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity.
BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:
- Managing the custody of approximately $37 trillion financial assets of the world's leading institutional investors, hedge funds, sovereign wealth funds, and corporates
- Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes
- Providing collateral, liquidity, and funding for the world's largest banks through our markets franchise
- Serving family offices and high net worth individuals through our wealth management franchise
- Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers
- Advising large global corporations on a range of trust and other solutions
- Providing integrated managed data services to asset managers
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Execution Services - Capital Markets
Execution Services is a trading organization providing execution and other trading services to internal asset management clients, with more than $650B in AUM. We are looking to externalize this offering by building an Outsourced Trading business to support external clients. The Technology team works closely with the Execution Services trading and quant research teams to develop industry-leading trading technology as we continue to evolve our business, infrastructure, and processes.
Role Overview:
This is an opportunity for a senior-level Full-Stack Developer to get involved from the ground-up, as we design, architect, and build a state-of-the-art platform to empower extensive reporting capabilities, research, and real-time analytics, in support of our new global, multi-asset trading organization.
Role-Specific Responsibilities:
- Manage and mentor a team of experienced developers
- Drive key decisions on design, architecture, and implementation of:
- Trading research platform
- Real-time decision support service
- Reporting platform and service
- Build a historical and real-time data management platform for a global, multi-asset trading organization.
- Design and architect API-driven solutions, utilizing open-source resources.
- Design and develop quant libraries for research and production.
- Create back testing and simulation tools, for development and testing of execution tactics, creation of trading signals, studies of PM and trader behavior.
- Implement a system of data quality checks.
- Put into production trading signals, analytics and decision support tools created through the quant research process.
- Implement workflow tools and automation to mitigate risks associated with trade execution.
- Programming well-designed, testable, secure, and efficient code.
- Team management experience
- Ability to navigate organizational challenges.
- Ability to mentor, inspire and grow skillset for team member.
- Bachelor's degree in computer science engineering or a related discipline, or equivalent work experience required.
- 10-14 years of experience in software development required; experience in the securities or financial services industry is a plus.
- Proficient in Python coding. Experience in Java or C++ is a plus.
- Experience with Equities, Derivatives, Futures, FX, and/or Fixed Income trading, analytics, and reporting.
- Broad experience with front-end and server-side, multi-platform development tools and toolkits, especially open-source software.
- Located in New York, NY or Boston, MA preferred.
- Job holder must have understanding interdependencies and business impact of future IT plans.
- S/he must have prior lead experience selecting and implementing vendor-specific methodologies and prior consulting experience with structured methodologies.
- Understanding of financial engineering and mathematical finance concepts.
- Deep knowledge of time series database technologies and data optimization and visualization
- Experience in PostgreSQL, Redis and other DB solutions.
- Experience building ETL data pipelines.
- Deep understanding of REST, gRPC and other API-related frameworks, concepts, and tools.
- Experience market data API's, such as Bloomberg Market Data Feed (BPIPE).
- Web-based UX design experience. JavaScript, Angular, and React experience preferred.
- Containerization frameworks experience, such as Docker.
- Automation frameworks experience, such as Airflow.
- Knowledge of agile development methodologies, coding best practices, and ITID change management standards.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $108,000 and per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
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.
EEO Statement:
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.