Resolve basic modelling issues: Reporting team will also own fixing basic modeling issues ... Experience in quantitative finance and technology preferred. * Any experience in CLO, structured ...
Resolve basic modelling issues: Reporting team will also own fixing basic modeling issues ... Experience in quantitative finance and technology preferred. * Any experience in CLO, structured ...
No Experience Modelling information
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$45.24 - $49.15
6% of jobs
$49.15 - $53.06
11% of jobs
$53.06 - $56.97
2% of jobs
$56.97 - $60.88
3% of jobs
$61.31 is the 25th percentile. Wages below this are outliers.
$60.88 - $64.78
26% of jobs
The median wage is $65.62 / hr.
$64.78 - $68.69
7% of jobs
$68.69 - $72.60
3% of jobs
$72.60 - $76.51
16% of jobs
$76.62 is the 75th percentile. Wages above this are outliers.
$76.51 - $80.42
9% of jobs
$80.42 - $84.33
5% of jobs
$84.33 - $88.24
11% of jobs
$45
$68
$88
How much do no experience modelling jobs pay per hour?
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What are the key skills and qualifications needed to thrive as a no experience model, and why are they important?
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What is the difference between No Experience Modelling vs Junior Data Analyst?
| Aspect | No Experience Modelling | Junior Data Analyst |
|---|---|---|
| Required Credentials | No formal certifications typically needed | Basic knowledge of data analysis tools; certifications like Excel or SQL helpful |
| Work Environment | Entry-level, often training-focused roles | Office setting, working with data sets and reports |
| Industry Usage | Common in entry-level positions across industries | Standard starting role in data analysis teams |
| Search & Comparison Intent | People seeking beginner roles with no experience | Individuals looking to start a career in data analysis |
In summary, No Experience Modelling roles are designed for absolute beginners with minimal or no prior knowledge, focusing on training and foundational skills. Junior Data Analyst positions typically require some basic skills or certifications and involve more active data analysis tasks. Both serve as entry points but differ in skill expectations and responsibilities.
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Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Re-posted yesterday
BNY Mellon rating
7.3
Based on 52 frontline employees who took The Breakroom Quiz
125th of 151 rated financial services
Job description
We're seeking a future team member for the role of Senior Associate, CLO Client Reporting to join our Structured Debt Client Platform team. This role is located in Houston, TX or Pittsburgh, PA.
Overview:
- As part of BNY's Corporate Trust business (Structured Debt Platform), the CLO Reporting Analyst Team delivers timely, accurate, and insightful reporting on Collateralized Loan Obligations for internal stakeholders and external investors.
- You will be a partner through Analytics, Operations. Client Service and other stakeholders
- This role supports BNY's strategic pillars-Be More for our Clients, Run our Company Better, and Power our Culture-by ensuring transparent communication, operational excellence, and a collaborative mindset.
In this role, you'll make an impact in the following ways:
- Owns and runs portfolio Compliance and waterfall Models and deliver quality 1st draft to CSM: CLO Reporting team will be responsible for running the CLO Compliance and waterfall model and prepare draft periodic reports based on agreed timeline between CSMs and RAs.
- Agree tests with client: Reporting analysts will liaise directly with clients to agree on the tests results. This includes discussions and agreement on inputs/parameters impacting tests.
- Resolve basic modelling issues: Reporting team will also own fixing basic modeling issues highlighted during the reporting cycle. For significant model change, Analytics team will get involved.
- Engage Position Services to resolve exceptional data issues identified: For more complex or unusual data problems, reporting team will collaborate with Position Services to get those sorted out efficiently.
- Operates between Position Servicing and CSM: This team will act as the go-between for Position Servicing and the Client Service Manager, making sure communication flows smoothly and tasks are coordinated.
- Analyze and incorporate Client/Auditor feedback on test results: Reporting team will be responsible to work on any client/auditor feedback related to models/ test results.
To be successful in this role, we're seeking the following:
- Bachelor's degree or the equivalent combination of education and experience; advanced degree in quantitative analysis preferred.
- 3-8 years of experience preferred.
- Experience in quantitative finance and technology preferred.
- Any experience in CLO, structured finance, or fixed-income reporting will be preferred.
- Prior experience in Analytical role like Financial modeling, valuation models, Data Analytics.
- Proficiency in VBA/SQL will be valuable.
- No direct reports; provides guidance to more junior analysts and is primarily responsible for the accuracy and quality of own work and the work of assigned project team members.
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.
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About BNY Mellon
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BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US