The Collateral & Clearance Technology group is responsible for building high-performance critical market platforms. The group designs, builds and supports the platform used for US Triparty Repo and Global Collateral Services solutions. This service has 85% of the US Triparty Repo business with $2.7trn of assets globally. This group supports the most critical client-facing services for BNY Mellon. The group’s responsibility is building solutions to help our clients in collateral sourcing, collateral optimization and high-performance real-time transaction processing. Our collateral optimizer was the finalist in the Franz Edelman Award – considered the highest honor in Operations Research. After the financial crisis, the Basel 3 regulations focused on the funding and liquidity efficiencies of the sell-side banks and the derivative margin positing for the buy-side. In order to meet these new market challenges, our group is working on building our next-generation collateral platform. The new platform will be built with strong big-data analytic capabilities to deliver to future client and regulatory requirements. Considering the mission-critical nature of the platform, we plan to invest significantly into the core engineering to address high-performance, high-availability, big-data, machine-learning and information risk at the outset. The work environment is extremely fast-paced with very high levels of collaboration with global product managers (London & New York) and clients. We are looking at developers who are hands-on and able to face-off to the clients in designing solutions.
We are looking for strong hands-on developers who are excited about building this next generation system. They will have the unique opportunity to build a sophisticated high performance capital markets system using the latest technology stack and best software engineering practices. They will become the members of the core team driving it forward and will have a significant impact in how it’s implemented.
Sr. Principal Developer->> Consults with internal business groups to provide highly advanced application software development services or technical support. Consults to IT and business managers on issues, questions and problems related to his/her area of expertise. Accountable for resolving highly complex problems that have impact on the corporation's ability to conduct business. Uses in-depth knowledge of various technologies to establish and influence implementation of broad-based technology strategy for large IT Divisions. Stays abreast of emerging technologies and identifies potential use of new and existing technology within lines of business by participating in industry-wide conferences and research and by using in-depth knowledge of various business areas. Educates business leaders and prepares presentations for the business on IT strategies. Advocates for innovative, creative technology solutions. Contributes to the achievement of Application Development objectives.
- BS or MS (Computer Science, Math, Physics, Engineering)
10+ years of overall experience
Strong CS fundamentals, core Java, and multi-threading are required
Good software engineering problem solving skills
Experience building distributed high-performance, high-availability systems
Experience with and strong understanding of capital markets is preferred
Experience working in a strong agile environment is preferred
Bachelor's degree in computer science engineering or a related discipline, or equivalent work experience required, advanced degree is beneficial, 12+ years of experience in software development required, experience in the securities or financial services industry is a plus.
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 & 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: bnymellon.com/careers.
Client Technology Solutions provides our business partners with client-focused, technology-based solutions. These enhance their ability to be successful through world-class software solutions and leading-edge infrastructure. Client Technology Solutions provides employees with the tools and resources to enhance their professional qualifications and careers.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
United States-New York-New York
Clearing Markets ISS Svcs Tech-HR16624