Vice President, Strategic Planning

BNY • New York, NY

8h • Onsite

About The Position

The Bank of New York Mellon seeks a Vice President, Strategic Planning I to define or recommend model specifications or data collection methods. This role involves supporting research, collection, and assessment of data to develop hypotheses for business initiatives. The position requires developing analytical tools using mathematical methods for areas like portfolio construction, optimization, performance measurement, attribution, profit and loss measurement, or pricing models. Responsibilities include interpreting financial analysis results, developing and supporting the implementation of recommendations, identifying and solving business initiatives, producing summary reports, and researching new financial products and analytics. The role also involves performing market scans for new financial technology (FinTech) products and their applicability to business objectives. A comprehensive understanding of cross-disciplinary integration is needed, along with applying mathematical or statistical techniques to practical finance issues such as derivative valuation, securities trading, risk management, or financial market regulation. The position requires coordinating projects for cross-business collaboration, tracking team activities, and ensuring alignment between strategy and project execution.

Requirements

• Bachelor’s degree, or foreign equivalent, in Business, Finance, Economics, or a related field.
• Three (3) years of experience in the job offered or in a related occupation in the financial services industry.
• Three (3) years of experience must include: Defining and developing scope of new product offerings for strategic enterprise initiatives including prioritizing business requirements, documenting functional specifications, and defining operational architecture.
• Analyzing and benchmarking data inputs and results in DataLend, and performing analysis to measure long term market trends for product initiatives prioritization.
• Applying SQL, querying, and macro development techniques to extract data for populating financial models.
• Leveraging third-party data analytics and eCRM tools including Tableau, and PowerBI, Microsoft Dynamics to generate predictive insights for strategic decision-making.
• Constructing and validating dynamic financial models for mergers, acquisitions and strategic partnerships in Microsoft Excel, using shortcuts, multiple valuation scenarios, and sensitivity tables.
• Developing pricing models for outsourced execution services based on trade data from Aladdin, and Charles River order and execution management systems.

Responsibilities

• Define or recommend model specifications or data collection methods.
• Support the research, collection and assessment of data/information in order to develop hypotheses that support basic business initiatives/issues.
• Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
• Leverage mathematical methods to build analytical tools to identify drivers of business performance.
• Interpret results of financial analysis procedures.
• Use analyses to develop recommendations/solutions that can be implemented and measured.
• Support the implementation of recommended actions.
• Identify, assesses and solve for business initiatives for area of responsibility.
• Produce written summary reports of financial research results.
• Leverage research to develop recommendations that address issues and are aligned to key growth objectives.
• Research new financial products or analytics to determine their usefulness.
• Perform market scans to evaluate new market technologies (primarily financial technology (“FinTech”) products, and their applicability/impact on business objectives and outlook.
• Apply comprehensive understanding of how multiple areas across disciplines collectively integrate to contribute towards achieving project objectives.
• Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
• Support implementation of a recommended action.
• Coordinate projects to ensure cross-business collaboration.
• Track project team activities and deliverables and apply strategic business concepts to ensure alignment of strategy and project execution.

Benefits

• Commission earnings
• Discretionary bonuses
• Short and long-term incentive packages
• Company-sponsored benefit programs

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1-10 employees