BNY
Overview
Join to apply for the Vice President, Credit Risk Review role at BNY. This role is located in New York City. As a leading global financial services company, BNY supports growth and success by leveraging AI and advanced technologies to deliver transformative solutions. This role offers an independent assurance function within the 2nd Line of Defense to assess and assure the quality of credit risk management across BNY’s lending portfolios. Responsibilities
Help deliver CRR’s mandate as an independent assurance function: assess the quality of credit exposures, evaluation and approval processes, credit ratings, and adherence to risk policies, standards, procedures and risk appetite. Exercise CRR authority: oversee override decisions on risk ratings, raise issues and track remediation, and provide assurance to regulatory authorities on credit assessment processes. Lead and participate in comprehensive credit risk reviews across lending portfolios; provide independent assessments of credit quality and policy adherence. Perform detailed independent credit analysis including financial statement, ratio, and cash flow analysis on borrowers in the reviewed portfolio. Ensure underwritten credits are properly risk-rated and aligned with the company’s risk policy. Identify early signs of credit and portfolio deterioration through risk assessments (industry, geography, etc.). Lead or participate in opening/closing meetings and communicate issues to senior management and lending portfolio credit risk teams. Stay current with applicable federal and state lending regulations and guidelines. Participate in CRR continuous monitoring, regulatory requests, and other independent third-party requests; work on projects assigned by CRR management. Demonstrate leadership through project management, analytical skills, and mentoring of less experienced peers. Qualifications
Bachelor's degree in accounting or finance (MBA, CPA, CFA or related certifications preferred). 7-10 years of relevant experience in credit risk review or related areas; prior credit officer experience with material individual credit authority is preferred. Experience in a major financial institution is preferred (US focus; international experience adds value). Completion of a credit training program preferred. Strong credit analysis skills and knowledge of various lending portfolios; expertise in (1) Private Banking lending, (2) real estate lending, (3) financial institutions, (4) counterparty credit risk. Strong communication, negotiation, and collaborative skills; pragmatic and commercial approach. Compensation and Benefits
Base salary range is expected to be between $83,000 and $130,000 per year, with individualized determination based on experience and location. Total compensation may include commissions, discretionary bonuses, incentive packages, and company-sponsored benefits. BNY offers competitive compensation, benefits, and wellbeing programs, with a focus on health, resilience, and financial goals. Equal Opportunity
BNY is an Equal Employment Opportunity/Affirmative Action Employer. Protected veterans and individuals with disabilities are included. All qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, disability, or veteran status. Good to Know
New York City area, with opportunities for growth within the organization. Related job postings and related salary ranges may be listed for awareness.
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Join to apply for the Vice President, Credit Risk Review role at BNY. This role is located in New York City. As a leading global financial services company, BNY supports growth and success by leveraging AI and advanced technologies to deliver transformative solutions. This role offers an independent assurance function within the 2nd Line of Defense to assess and assure the quality of credit risk management across BNY’s lending portfolios. Responsibilities
Help deliver CRR’s mandate as an independent assurance function: assess the quality of credit exposures, evaluation and approval processes, credit ratings, and adherence to risk policies, standards, procedures and risk appetite. Exercise CRR authority: oversee override decisions on risk ratings, raise issues and track remediation, and provide assurance to regulatory authorities on credit assessment processes. Lead and participate in comprehensive credit risk reviews across lending portfolios; provide independent assessments of credit quality and policy adherence. Perform detailed independent credit analysis including financial statement, ratio, and cash flow analysis on borrowers in the reviewed portfolio. Ensure underwritten credits are properly risk-rated and aligned with the company’s risk policy. Identify early signs of credit and portfolio deterioration through risk assessments (industry, geography, etc.). Lead or participate in opening/closing meetings and communicate issues to senior management and lending portfolio credit risk teams. Stay current with applicable federal and state lending regulations and guidelines. Participate in CRR continuous monitoring, regulatory requests, and other independent third-party requests; work on projects assigned by CRR management. Demonstrate leadership through project management, analytical skills, and mentoring of less experienced peers. Qualifications
Bachelor's degree in accounting or finance (MBA, CPA, CFA or related certifications preferred). 7-10 years of relevant experience in credit risk review or related areas; prior credit officer experience with material individual credit authority is preferred. Experience in a major financial institution is preferred (US focus; international experience adds value). Completion of a credit training program preferred. Strong credit analysis skills and knowledge of various lending portfolios; expertise in (1) Private Banking lending, (2) real estate lending, (3) financial institutions, (4) counterparty credit risk. Strong communication, negotiation, and collaborative skills; pragmatic and commercial approach. Compensation and Benefits
Base salary range is expected to be between $83,000 and $130,000 per year, with individualized determination based on experience and location. Total compensation may include commissions, discretionary bonuses, incentive packages, and company-sponsored benefits. BNY offers competitive compensation, benefits, and wellbeing programs, with a focus on health, resilience, and financial goals. Equal Opportunity
BNY is an Equal Employment Opportunity/Affirmative Action Employer. Protected veterans and individuals with disabilities are included. All qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, disability, or veteran status. Good to Know
New York City area, with opportunities for growth within the organization. Related job postings and related salary ranges may be listed for awareness.
#J-18808-Ljbffr