In this role, you’ll make an impact in the following ways:
BNY’s VaR Modeling & Pricing Functions team is developing RAVE (Risk Analytics Valuation Engine), our internally built platform for computing market risk of exchange-traded securities. As Vice President, you will design, build, and deploy recent CPFE and Market Risk VaR frameworks from the ground up, delivering robust, scalable analytics that meet business and regulatory requirements.
• Lead end-to-end development of the RAVE platform—define architecture, code core libraries, and drive model implementation in Python.
• Re-engineer critical data flows: market data, scenarios.
• Implement pricing functions for fixed-income products—including straight, callable, and convertible bonds, mortgages—and listed equity options.
• Collaborate with Risk Model Management and Risk Technology to secure methodology approval and smooth scalable deployment.
• Establish code-quality standards, conduct design/code reviews, and implement continuous integration and testing pipelines.
To be successful in this role,



we’re seeking the following:
• Expert proficiency in Python
• C++ experience is a plus • Proven track record implementing pricing engines for fixed-income products (straight, callable, convertible bonds, mortgages)
• Experience designing high-throughput data pipelines and managing large market-data sets.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #Li

📌 Vice President, Model Development (Pune)
🏢 BNY Mellon
📍 Pune