The Quantitative/Research Analyst-GAA will work closely with the GAA Portfolio Managers. The role  may also involve management of one or more GAA portfolios including portfolio decision making, preparing trading instructions, custom portfolio reporting and monitoring portfolio performance and risks.

Global Asset Allocation portfolios actively invest in global developed and emerging equity markets, fixed income markets, currencies and commodities and utilize numerous derivative contracts (including futures, options, swaps and currency forwards).

Responsibilities:

• Understand and interpret model signals and weights, including the investment theories and valuation models behind the construction of the models.

• Keep up to date with the economy and global markets, monitor new developments in order to identify potential ad-hoc risks in the current portfolio positioning that cannot be captured by the model.

• Perform extensive analysis on model inputs and outputs: research data sources, alternative feeds, fundamental validation of data.

• Assist the model implementation by defining optimal systematic trading rules.

• Perform various portfolio risk and performance analysis.

• (Potential) Manage asset allocation portfolios, monitor portfolio risks, exposures, performance drivers.

Qualification requirements:

Education:            Master’s in Financial Engineering or 

Master’s in Business Administration or

BA/BS Degree, preferably in Finance/Economics/Accounting/Mathematics.

CFA is a plus.

Experience:          Four to seven years of investment experience for BA holders

                                Two years or more of investment experience for candidates with Master’s degree or CFA

                                Experience with Asset Allocation portfolio analysis, multi-asset portfolio management, and/or development of investment and portfolio management models a plus

Skills:                    Strong knowledge of financial theory, economics and investments including derivative instruments and portfolio analysis

Excellent interpersonal skills

Excellent analytical skills, aptitude for quantitative reasoning, modeling and problem solving

Intellectual curiosity, creative thinking and interest in global financial markets

Dedication to accuracy and attention to detail

Advanced skills in Microsoft Excel including programming in VBA; Working knowledge of Microsoft Access, Matlab, Datastream and/or Bloomberg a plus              

If you’re interested in this position, please go to www.bnymellon.com/careers and apply to position # 1004581.

Mellon Capital Management, a subsidiary of The Bank of New York Mellon, provides global investment solutions designed to meet the objectives of institutional investors - consistent, risk-controlled investment performance.  Since the firm’s inception in 1983, Mellon Capital has steadily built a reputation for excellence in quantitative portfolio management and research. This reputation has attracted quality investment professionals who share the commitment of our firm’s founders to apply sound economic and financial theory to the asset management process. Mellon Capital is composed of energetic, talented professionals with a passion for achieving results for our clients and an unwavering commitment to quality. We endorse a strong belief in work/life balance and foster an environment that draws upon the strengths of each individual to create an atmosphere of personal and professional growth. Together, we build upon a tradition of integrity, teamwork, and excellence. 

As one of the world's leading financial services organizations, The Bank of New York Mellon recognizes the importance of a competitive benefits plan as part of your total compensation. That's why we offer a comprehensive, customizable benefits program to meet the needs of our diverse workforce. Benefits include high quality medical and dental plans including orthodontic coverage, vision, life and disability insurance, flexible spending accounts, retirement plans that include an attractive 401k match and a company funded pension plan, generous tuition assistance and other work/life programs. 

The Bank of New York Mellon is committed to Equal Employment Opportunity in providing all individuals interested in expressing interest in employment with us the opportunity to participate without barriers.