Senior Associate, Over-The-Counter Derivative Pricing

SENIOR ASSOCIATE, OVER-THE-COUNTER DERIVATING PRICING

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Recognized as a top destination for innovators and champions of inclusion, 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.

We’re seeking a future team member for the role of Over-The-Counter Derivative Pricing to join our OTC Derivative Valuations team within the Middle Office Function. This role is based in Dublin.

OTC Derivative Valuations is a global team that supports several functions across numerous business lines. We are responsible for valuing Over-The-Counter derivative assets (including credit derivatives; interest rate swaps and FX/equity options) for inclusion in the NAV production process for mutual and hedge fund accounting teams globally and driving margin calls as part of our collateral management business.

The OTC Derivative Valuations team is required to:

Complete the daily pricing of OTC assets and price exception validation for a variety of clients within a tight, deadline driven environment.

Ensure an excellent service standard, maintain a flow of communication, build relationships, and continuously manage workflow with internal and external stakeholders.

Support the take-on of new clients and onboarding of new business for existing clients.

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

Collaborate with the OTC Dublin Team to ensure high quality work completion. 

Monitor daily processes to ensure team members complete tasks as per agreed guidelines and procedures, resolving issues in a timely manner.

Oversee the daily processing of OTC assets and price exception validation review for a variety of clients.

Review processes against current market best practices and implement improvements, collaborating with colleagues globally to ensure best practices are adopted.

Serve as the main point of contact for audit, client, compliance, management, and trustee issues; coordinate meetings with internal teams and external clients to discuss new business, open issues, and ensure SLA adherence.

Maintain the integrity of the security master data on the OTC database, reviewing and signing off master records completed by team members.

Offer training on the theoretical and technical aspects of all OTC securities to team members.

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

Bachelor’s degree or equivalent combination of education and experience required.

4 plus years of relevant experience.

Advanced degree in quantitative analysis preferred.

Experience in the funds industry, preferably in a quantitative finance or pricing role.

Prior supervisory or managerial experience in the OTC pricing space is desirable.

Working knowledge of OTC instruments is strongly preferred.

Ability to effectively prioritize and execute tasks in a high-pressure environment.

Reliability, adaptability and the ability to support and guide team members. 

Excellent analytical, organizational, and time management skills.

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America’s Most Innovative Companies, Fortune, 2025

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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