Senior Associate, Data Scientist

Posted 19 Days Ago
New York, NY, USA
In-Office
Senior level
Fintech • Financial Services
The Role
Build production-grade AI applications for wealth and investment management, including portfolio analytics, investment research, decision support, data pipelines, APIs, retrieval systems, and agentic workflows. Apply quantitative and statistical methods to portfolio construction, risk analysis, and performance attribution while integrating financial data sources. Support model evaluation, monitoring, testing, documentation, code reviews, and scalable engineering standards across investment, product, and engineering teams.
Summary Generated by Built In

Overview

This is a senior hands-on engineering role focused on building and scaling AI-powered solutions for Wealth & Investment Management. You will work at the intersection of investment expertise, quantitative analysis, and modern AI technologies to create intelligent applications that enhance portfolio construction, investment research, advisor productivity, and client outcomes.

The ideal candidate combines strong mathematical and analytical capabilities with a passion for software engineering and applied AI. You will partner with investment professionals, product leaders, data scientists, and engineers to transform complex financial challenges into innovative, production-grade AI solutions.

 

In this role, you'll make an impact by:

  • Designing and developing AI-powered applications, intelligent workflows, and agent-based solutions that support Wealth & Investment Management business objectives.

  • Building portfolio analytics, investment research, and decision-support solutions leveraging market, client, and third-party data sources.

  • Integrating and operationalizing data from multiple investment platforms, market data providers, and financial systems to create scalable AI-ready data products.

  • Developing APIs, data pipelines, automation frameworks, and reusable software components that accelerate solution delivery.

  • Applying quantitative and statistical techniques to support portfolio construction, risk analysis, performance attribution, and investment insights.

  • Assisting in the implementation of retrieval, embedding, semantic search, and knowledge-driven capabilities to enhance investment workflows.

  • Supporting testing, model evaluation, monitoring, and operational activities to ensure solution quality, accuracy, and reliability.

  • Contributing to shared frameworks, engineering standards, reusable assets, and technical documentation across the AI Garage.

  • Participating in code reviews and adopting engineering best practices to promote maintainability, scalability, and security.

  • Continuously exploring emerging AI, data science, and financial technology innovations to drive differentiated business value.

 

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

  • 4-7 years of experience in software engineering, quantitative analytics, financial technology, data engineering, AI engineering, or a related field.

  • Strong mathematical, statistical, and analytical foundation with the ability to apply quantitative concepts to real-world investment and wealth management challenges.

  • Practical experience with portfolio construction, investment analysis, asset allocation, risk modeling, investment research, or related Wealth & Investment Management disciplines.

  • Strong programming skills in Python and proficiency with data analysis libraries and software engineering best practices.

  • Experience working with financial data sets, investment platforms, market data vendors (FactSet, Bloomberg, Morningstar, or similar), and portfolio analytics solutions.

  • Familiarity with cloud-native development, APIs, databases, and modern software development lifecycle practices.

  • Exposure to Generative AI, machine learning, agentic applications, retrieval-augmented generation (RAG), or advanced analytics solutions.

  • Hands-on experience developing data pipelines, integrating third-party data sources, and building scalable analytical applications.

  • Strong problem-solving and critical-thinking skills with the ability to translate complex business requirements into practical technical solutions.

  • Excellent communication and collaboration skills with the ability to work effectively across investment, product, and engineering teams.

  • Intellectual curiosity and a passion for applying emerging AI technologies to solve complex financial and investment challenges.

 

Preferred Qualifications

  • Experience supporting portfolio management, investment advisory, model portfolio, or wealth management platforms.

  • Knowledge of optimization techniques, quantitative finance, portfolio construction methodologies, and risk analytics.

  • Practical implementation experience with agentic AI solutions, MCP/A2A integration patterns, and automated evaluation and validation frameworks.

  • Experience building production-grade AI applications in regulated financial services environments.

About Us

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. About the Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 Here’s a few of our recent awards:

  • America’s Most Innovative Companies, Fortune, 2025
  • World’s Most Admired Companies, Fortune 2025
  • “Most Just Companies”, Just Capital and CNBC, 2025

    Our Benefits and Rewards:

    BNY 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, including paid volunteer time, that can support you and your family through moments that matter.

    BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

    BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. 

    Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

    Skills Required

    • 4-7 years of experience in software engineering, quantitative analytics, financial technology, data engineering, AI engineering, or a related field
    • Strong mathematical, statistical, and analytical foundation
    • Experience applying quantitative concepts to investment and wealth management challenges
    • Practical experience with portfolio construction, investment analysis, asset allocation, risk modeling, investment research, or related disciplines
    • Strong programming skills in Python
    • Experience with data analysis libraries and software engineering best practices
    • Experience working with financial datasets, investment platforms, market data vendors, and portfolio analytics solutions
    • Familiarity with cloud-native development, APIs, databases, and modern software development lifecycle practices
    • Exposure to Generative AI, machine learning, agentic applications, retrieval-augmented generation, or advanced analytics
    • Hands-on experience developing data pipelines, integrating third-party data sources, and building scalable analytical applications
    • Strong problem-solving and critical-thinking skills
    • Excellent communication and collaboration skills across investment, product, and engineering teams
    • Intellectual curiosity and interest in applying emerging AI technologies to financial and investment challenges
    • Experience supporting portfolio management, investment advisory, model portfolio, or wealth management platforms
    • Knowledge of optimization techniques, quantitative finance, portfolio construction methodologies, and risk analytics
    • Practical implementation experience with agentic AI solutions, MCP/A2A integration patterns, and automated evaluation and validation frameworks
    • Experience building production-grade AI applications in regulated financial services environments

    BNY Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BNY and has not been reviewed or approved by BNY.

    • Healthcare Strength — Health coverage includes comprehensive options with a $0‑premium plan for eligible lower earners, expanded mental‑health support with personalized therapy, and strong income protection through short‑ and long‑term disability. These features have been recently enhanced and are paired with dental and vision coverage.
    • Parental & Family Support — Parental leave provides 16 weeks of fully paid time for all parents, with added support such as adoption assistance. This breadth offers strong coverage for major family events.
    • Retirement Support — The 401(k) program includes a company match and Roth options to support long‑term savings. Additional financial programs like tuition assistance and savings vehicles complement retirement readiness.

    BNY Insights

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    The Company
    HQ: New York, NY
    41,739 Employees

    What We Do

    We help make money work for the world — managing it, moving it and keeping it safe. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investable assets. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. For 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.

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