Director, Application Development Manager

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We’re seeking a future team member in the role of Director, Application Development Manager to join our Markets Engineering team. This role is in New York, NY – HYBRID model.

In this role, you’ll make an impact in the following ways:

• Specialist leading a team of Business Analysts and Developers to operate mission-critical trading system for Front Office Trading that are dependent on financial market transitions and support day to day enhancements across front office, Operations, and regulatory needs.
• Extensive knowledge around Trading, Counterparty & Market Risk is mandatory.
• Responsible for working with various teams on core trading software infrastructure like MUREX.
• Understanding of Fixed Income, Equities and FX Financial Products is important.
• Collaborate with quantitative group, Model Valuation Group and traders to design and test trading models.
• Create and implement system testing procedures.
• Ability to design and guide developers with optimal solutions to support trading needs.
• Ability to troubleshoot the issues and suggest optimal solutions.

To be successful in this role, we’re seeking the following:

• Solid understanding Trading & Risk Management Systems like MUREX or SUMMIT is Mandatory
• Strong proficiency with Murex workflows, Datamart is Mandatory
• Proficiency in understanding messaging frameworks – MQ/ Kafka
• Strong Familiarity with testing frameworks
• Strong familiarity with common tools like SQL, Workflow Tools and Understanding trading landscape.
• People Management
• Previous experience designing and implementing new systems and features independently.
• Developed market data feeds and feeds to downstream systems for payments, settlements, collateral management.
• Understanding of life cycle events around OTC derivatives and Cash Products across Fixed Income, Equities & FX
• Understanding of regulatory landscape from a developer perspective
• Brings production support experience and can troubleshooting issues under pressure.
• Previous experience with application profiling and debugging.
• 12-15 years of experience in financial industry with concentration around Risk domain
• Bachelor’s or master’s degree with relevant experience in Risk Domain. Advanced degree in computer science or a related discipline, or equivalent work experience required.
• Knowledge of Unix/ Oracle/ SQL/ MSSQL, MSOFFICE, BI Tools is mandatory to perform the job.
• 12 years of experience in systems analysis and program development with related supervisory, management and administrative experience required, experience in the securities or financial services industry is a plus.

Manages multiple application development projects for one or several business segments, including all phases of the systems development and implementation process.

Provides analysis, design, development, testing and ongoing support for the client area application systems in an environment of diverse development platforms, computing environments, software, hardware, technology, tools, etc.

Works collaboratively with business partners on technology solutions that have a significant revenue or cost impact, oversees the development and implementation of multiple application systems and identifies resource requirements to ensure best practice development techniques.

Works collaboratively with business partners in defining, developing, and implementing technology solutions that have impact on improving the business. Oversees the development and implementation of multiple application systems. Defines resource requirements and allocations, monitors and improves quality, and ensures best practice development techniques.

Ensures the availability, integrity and stability of production systems by identifying appropriate resources to manage all systems and having a process in place to respond quickly to problems. Manages and forecasts operating budget within the approved plan. Communicates timely and accurate project-related information to relevant parties.

Acts as an advocate for change management, encourages innovation and creativity in technology solutions.

Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Manages multiple development teams. Contributes to the achievement of multiple teams' objectives.

At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:

• Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloomberg’s Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• Best Places to Work for Disability Inclusion , Disability: IN – 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDP’s Climate Change ‘A List’

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $136,000 and $270,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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.