Principal, Portfolio Management

BNY Mellon
New York, USA
Jan 12, 2022
Feb 11, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Independently collaborates with the Investment Manager Research and Oversight Team for an assigned region. Directly contributes to the completion of complex quantitatively oriented analytical assignments, research analyses and studies on fixed-income sectors and individual securities for a complex region. Interfaces with internal investment and trading personnel and with external clients and counterparties. Uses strong experience with investment systems and software, including Bloomberg, Barra, Factset and Workbench to advise more junior professionals on improving their use of these tools. Contributes to research and analyses of a large quantity of complex mutual funds and other investment portfolios using quantitative software applications. Independently performs credit reviews, surveillance and stress testing of residential MBS and ABS investments and may assist portfolio managers with sector allocation decisions. Evaluates performance/risk attribution for both fixed income and equity portfolios. May make recommendations on performance improvements and how to reduce the likelihood of identified risks. Contributes to the implementation of solutions for addressing risks, as directed. Independently manipulates financial and statistical databases to provide relative performance and risk comparisons against benchmarks and peer groups. Contributes to the development of solutions for the automating of data accumulation analyses. Provides guidance to more junior professionals on the use and manipulation of databases, as needed. Contributes to reports that provide clear and accurate analyses and that identify and track risks. Advises more junior professionals on reporting improvements. Is continuing to build and use relationships with Portfolio Management Group colleagues, external peers, auditors and regulators to gain relevant and timely market information. No direct reports,, provides guidance to more junior team members, as needed. Contributes to the achievement of regional objectives. Modified based upon local regulations/requirements.Bachelor's degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA or CFA preferred. 10-12 years of total work experience preferred. Experience in finance, investments (Modern Portfolio Theory), risk management, and/or derivatives preferred.. 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.