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# SVP, Principal Business Analyst - Third Party Application Engineering

- **Company:** The Bank of New York Mellon Corporation
- **Location:** New York, NY, United States
- **Experience:** Expert
- **Contract:** Permanent contract
- **Skills:** Algorithmic Trading, System Configuration, IT Management, Software Engineering, SQL Databases, System Testing, Extensible Markup Language (XML), Scripting, Information Technology, FpML
- **Published:** September 19, 2026
- **Apply:** https://jobs.localjobnetwork.com/apply/add/88373632/1

## About the Role

* Bachelor's degree in computer science or a related discipline, or equivalent work experience required, advanced degree is preferred.

 * 10-12+ years of experience of equivalent work experience in OTC derivatives

 * 10+ Years of experience running / Managing/ Configuring OTC Trade Processing/ Pricing / Risk Management Tools

 * Software development knowledge is necessary

 * Understanding OTC Products - CDS/ IRS/ Swaptions/ Caps-Floors/ FX SWAPS/ X-CCY SWAPS / Exotic Products

 * Ability to perform Impact Analysis based on discounting methodologies

 * Understanding around the implementation & changes necessary to implement SOFR/ ESTER discounting

 * Understanding of Life Cycle Management of OTC products

 * Familiarity with testing concepts and frameworks

 * Understanding & Proficiency around building curves for pricing OTC products [ Boot Strapping the zero curves and building scenarios & base curves for pricing]
*

Desired Skills and Experience:

 * Deep Understanding of OTC derivatives & Pricing of OTC ( Fixed Income Products)

 * Proficiency with SQL and Scripting language

 * Understanding of FpML / XML

 * Product Proficiency - SUMMIT Trading System

 * Highly quantitative knowledge to analyze the issues and provide necessary solutions within the pricing domain

## Description

We're seeking a future team member for the role of Senior/ Principal Business Analyst to join our Execution Services: Risk & PnL team. This role is in New York

In this role, you'll make an impact in the following ways:

 * Participate in team-developing mission-critical systems that are dependent on financial market transitions and support day-to-day enhancements across front office, Operations and Asset Servicing

 * Will be in-charge for developing Pricing Methods working closely with trading & Quantitative groups

 * Analyze/ Support operations/ Trading/ Quants and other groups around day-to-day pricing / PnL/ PnL explanatories in a timely manner

 * Work closely with Risk Domain to support each domain's Risk Needs (Market Risk/ Credit Risk/ VaR/ CCAR)

 * Collaborate with quantitative group, Model Valuation Group and traders for Supporting / Testing the code

 * Create and implement system testing procedures

 * Principle Business Analyst ->> Consults with internal team members and other senior development team members in developing Pricing tools for trading. business groups to provide high-level application software development services or technical support. Analyzes information and supports lines of business to address and resolve business issues for a specific business group. Consults with IT management and technical staff regarding use of emerging technologies and associated services


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