The Director, Model Risk Management will oversee the models that the company uses to manage both Market Risk and Counterparty Risk (VaR and PFE modeling). These are among the firm’s most important models. They make estimates that become a key input to decisions and are reported to executive management and the Board of Directors on a regular basis. The incumbent will lead a team of analysts to identify and evaluate the conditions under which the models are reliable and those under which they could fail, questioning and challenging the design and performance of models while engaging business users to agree on controls. A successful must provide intellectual leadership: conducting cutting-edge research, identifying latest trends and developments in modeling, and recommending alternative solutions to analytically challenging problems. Qualifications Master's Degree/PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, econometrics. The candidate must have a superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills. 7 years with Masters or 5-years with PhD required. Must have experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as C/C++, C#, Python) as well as mathematical/statistical software packages. Must be extremely focused, detail oriented, results oriented and highly productive. Must have a proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time. The candidate must have excellent scientific and technical documentation and presentation skills, assertiveness & influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language. 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. Primary Location: United States-Pennsylvania-Pittsburgh Internal Jobcode: 85042 Job: Risk Organization: Risk-HR06016 Requisition Number: 2116261