Senior Specialist, Corporate Operational Risk

BNY Mellon
Chennai, India
15 May 2023
14 Jun 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Data Scientist, Non-Financial Risk
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We're seeking a future team member for the role of Data Scientist, Non-Financial Risk to join our Transformation and Analytics team in Pune, India. The Transformation and Analytics team leads the design and implementation of data analysis solutions to enable continuous and forward-looking risk management capabilities and inform risk intelligent strategic decision making. The Data Scientist will help to accelerate the digital transformation of risk management function through innovation, problem identification and solution delivery. The role will drive the development and impact of a portfolio of advanced analytics use cases augmenting a range of key risk and control indicators across Non-Financial/Operational risk components, using classification, NLP, network analysis and anomaly detection techniques. This role will require a well-rounded set of skills in programming, statistics, ML, experience working with unstructured data sets, strong communication and stakeholder management skills.
In this role, you'll make an impact in the following ways:
  • Delivers data projects from inception to delivery partnering with functional and subject matter experts to support risk identification, measurement, and mitigation
  • Consults with businesses to identify needs and translates those needs into solutions through machine learning. Develops comprehensive data/technical specifications that bridge business/product needs with system design/deliverables
  • Identifies processes that could be improved, or problems that could be solved by applying ML, automation, and other techniques, proposes innovation ideas and use cases
  • Leverages advanced data analytics techniques to derive insights from internal and external data sources, particularly non-financial risk data sets including operational risk, third party risk, data risk and technology risks, to deliver business value with limited guidance
  • Collaborates with a cross functional team between Risk and Technology to productionise analytics solutions in line with business needs
  • Communicates effectively with technical and business staff. Develops reports, and prepares and delivers both informational and decision-seeking presentations
  • Stays abreast of company practices relevant to data science products
  • Maintains knowledge of company's total computing environment and planned changes in order to develop meaningful data science products
  • Be an ambassador of data analytics, assist with developing and delivering a strategic analytics platform, train, and support users to increase the impact of analytics solutions/tools
To be successful in this role, we're seeking the following:
  • Degree in Computer Science, Data Science, Statistics, Mathematics or any other related fields. A Master's degree is preferred
  • Strong background in Statistics
  • At least 3 years of experience as a Data Scientist
  • Expertise in Natural Language Processing is highly preferred
  • Expertise in Graph Network Analysis is highly preferred
  • Fluency in big data query and programming languages such as Python or R
  • Excellent written and verbal communication skills, with the ability to interact effectively with stakeholders to understand requirements, explain technical approaches and drive adoption of analytics solutions
  • Team player, collaborative and inclusive
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Best Places to Work for Disability Inclusion , Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • CDP's Climate Change 'A List'
Our Benefits:
BNY Mellon 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 that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: