Lead Technology Product Owner

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets.Every day around the globe, our 50,000+ employees bring the power of their perspective to the table tocreate solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Lead Technology Product ownerto join our BNY team. This role is in Pune, Maharashtra -HYBRID.

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

• Requirement Gathering: Collaborate with stakeholders, including traders, risk managers, quants, and IT teams, to gather and document detailed business and functional requirements for market risk applications, particularly focusing on FRTB requirements.
• FRTB Implementation: Lead and participate in the design, development, and implementation of solutions aligned with FRTB regulations for Standardized Approach (SA).
• Data Analysis and Modeling: Analyze large datasets related to market risk factors, trading portfolios, and regulatory capital to support the modeling and back testing requirements.
• Stakeholder Communication: Act as a liaison between business stakeholders and IT teams to ensure clear communication and understanding of requirements, project status, and potential risks.
• Testing and Validation: Develop and execute test plans, including unit, integration, and user acceptance testing (UAT) to ensure that solutions meet the specified requirements and regulatory standards.
• Regulatory Compliance: Ensure that market risk applications are compliant with current regulatory standards, specifically FRTB, and provide support during regulatory audits.
• Project Management: Coordinate and manage the timelines, deliverables, and resources for multiple concurrent projects, ensuring they are delivered on time and within budget.
• Documentation: Create comprehensive documentation including business requirements, functional specifications, process flows, and user guides to support both the development and end-user teams.
• Continuous Improvement: Identify opportunities to improve existing risk management processes and systems, leveraging new technologies and methodologies.
• Training and Support: Provide training and support to end-users on the use of market risk applications, particularly around new FRTB features and functionalities
  
  

To be successful in this role, we're seeking the following:

• Strong understanding of market risk concepts, including VaR, SVaR, stress testing, and scenario analysis.
• In-depth knowledge of FRTB regulations SA methodologies. - Proficiency in data analysis tools (e.g., SQL, Excel, Python). - Experience with risk management systems (e.g., Murex or equivalent). Experience in Rest web services & API Test Automation
• Proficient in Performance Testing with tools like JMeter, Blaze meter will be an added advantage
• Proficient in SQL Queries and ability to work with Databases

At BNY, our culture speaks for itself. Here's a few of our awards:

• America's Most Innovative Companies, Fortune, 2024
• World's Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• , Disability: IN - 100% score, 2023-2024
• Most Just Companies, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg's Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.