A global investment firm, BNY Mellon is committed to assisting its clients in managing and servicing their financial assets throughout the investment lifecycle. BNY Mellon offers financial services for corporations, institutions, and individual investors in 35 different countries.
It also provides wealth management and investment services that are well-informed.
About BNY Mellon
BNY Mellon, also referred to as the Bank of New York Mellon Corporation, is a financial services and banking organization based in New York City. Investment management, wealth management, and investment services are provided by the bank. When The Bank of New York and Mellon Financial Corporation merged in 2007, BNY Mellon was created.
It is the biggest securities services provider and custodian bank in the world, as well. with $45.7 trillion in assets under custody and $1.8 trillion in assets under management as of 2023. The Financial Stability Board has designated it as a systemically important bank.
Here let's discuss the initial processes to get into the BNY :
Step 1: Pick Your Path
BNY Mellon offers a range of jobs, including full-time positions, internships, and emerging talent programs. Discover more about your preferred career path and get to know our international teams.
Step 2: Join BNYs Talent Community
BNY's welcoming workplace environment and vibrant culture give their employees the freedom to make investments in both themselves and others. Join their talented community to find the positions that fit your objectives.
Step 3: Apply for the appropriate position
BNY's team can assist you by guiding you through the difficulties because they are familiar with what it's like to look for work. To search for open positions by job title, department, experience level, or location, go to their job portal.
Recruitment Process
From intern to executive, BNY recruits and develops the best talent from around the world. They also make sure that their recruitment process is seamless throughout our business ecosystem.
1. Application to be Filled Out
Access several tools and resources to help you through the BNYs hiring process, browse their list of open positions, and then submit your application.
2. Contact a Recruiter
BNY's goal is to place you in their organization where you will thrive. A recruiter will get in touch with you to arrange a preliminary interview if you possess the skills and background they are looking for in a candidate.
3. Initial Interview
To get to know you better, understand your objectives, and provide more information about their teams and roles, They'll try to arrange an initial screening interview.
4. In-person interview
To ensure a good fit, They'll invite you to more in-depth discussions about your experience and skills after the initial interview.
5. Obtain an Offer
They will ask you to join BNY's vibrant, inclusive, and energized environment if they think you possess the necessary abilities, values, and attitude.
Qualifications
- A bachelor's degree, or the equivalent combination of training and work experience
- Preferably with a graduate degree in quantitative analysis
- Preferably 0–2 years of experience
- Technology and quantitative finance expertise are preferred.
Selection Process
- Aptitude Written Test Online
- Group Discussion
- Technical Interview
- HR Interview
Job Description for the Data Management and Quantitative Analysis
IC1 position at BNY Mellon Worked under direct supervision with client reference data, internal and external datasets, and statistical, financial, and/or econometric models to analyze asset performance, securities data, derivative pricing, risk exposure, and other complex concepts.
- For the assigned area, provides analytical support and draughts of standard and special reports.
- Supports assigned areas with fundamental statistical and quantitative analyses under the general guidance
- In support of more senior quantitative colleagues, one may carry out or supervise data management activities.
- Runs models, searches for anomalies, and makes corrections
- Develops expertise in the technology used to conduct analyses
- Uses methods like querying and macro development to extract data so that models can be filled with it
- Increases understanding of procedures and goods, as well as the analyses, procedures, and methods that support performance, risk, or valuation assessment the best.
- Interprets results and draughts the first version of standard reports without direct reports
- Own work is primarily accountable for accuracy and quality, and it helps the team to accomplish its objectives.
Documents
- Carry a copy of your most recent resume with you.
- Three passport-size photos and an original photocopy of the Aadhar card are required.
- You must have government-issued ID proof on you, such as a passport, voter ID, or PAN.
- Students should have copies of all necessary educational certificates in addition to the originals.
General Steps you can take to get into BNY Mellon:
- Research the company: Before applying for any job, it's essential to have a good understanding of the company and its values. Research BNY Mellon's website, and read up on its history, mission, and the services it offers.
- Identify job openings: Check the BNY Mellon career website or job search engines like LinkedIn, Glassdoor, or Indeed for open positions that match your qualifications and interests.
- Tailor your resume and cover letter: Customize your resume and cover letter to the job you're applying for. Highlight your relevant skills, experience, and achievements that align with the job requirements.
- Apply for the job: Submit your application online through the BNY Mellon career website or the job search engine. Make sure to follow the application instructions carefully.
- Prepare for interviews: If you're selected for an interview, prepare by researching the company, practicing common interview questions, and rehearsing your responses.
- Attend job fairs and networking events: Job fairs and networking events are great opportunities to meet BNY Mellon recruiters and hiring managers, learn about the company culture, and ask questions.
- Be persistent: If you don't get selected for a job, don't give up. Keep applying and expanding your network. Consider taking courses or certifications that can enhance your skills and make you a more competitive candidate.
BNY Mellon is a global financial services company that offers a wide range of career opportunities in various areas such as banking, finance, technology, operations, and more.
hope the above information will help you find a good job at BNY Mellon, Happy Job Hunting with us!
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