eFinancialCareers

• Company

  BNY Mellon Asset Management

• Location

  Boston, MA, 02108

• Compensation

  negotiable

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  16 Nov 2009

• eFC Ref no

  568514

The investment professional will be responsible for implementing and overseeing the group’s risk budgeting and risk measurement process. The QPM will lead the effort to enhance the quantitative framework for the tax sensitive fixed income investment process. S/he will play a lead role in creating policies and procedures to analyze/monitor risks to maximize risk/return profile as well as to design and develop risk management architecture and methodology. The QPM will work with credit and trading to establish, maintain and continuously improve risk management and measurement capabilities.  QPM will quantify risk exposures and risk budgets, as well as develop strategies to mitigate risks. S/he will help develop investment strategy to enhance portfolios’ value with a full understanding of both the positive and negative potential of the risks involved.

Requirements: BA/BS and an advanced degree in related fields with at least 10 years experience in the financial services industry. Additional designations, including CFA, preferred. Strong quantitative and interpersonal skills required. Power user of excel and risk management tools. Demonstrated problem-solving, analytical abilities, collaborative approach, oral and written communication skills are paramount. As well, the QPM must exhibit the ability to handle stressful situations while maintaining a professional approach to problem-solving. Proven ability to manage numerous projects simultaneously. Must be able to think strategically, provide insight into valuation of complex securities, and lead the development and implementation of systems to quantify and mitigate investment risk.