BNY
Overview
Vice President I, Broker-Dealer Credit Risk at BNY. This role supports the Credit Risk team for Broker-Dealers and is located in New York City. Responsibilities
The BNY Loan Desk is a component of Credit Risk that manages an overnight and intraday loan portfolios to support the credit needs of various financial market participants. Interact daily with Financial Market Utilities regarding trading activity and settlement/margin obligations of mutual customers. Consult, review and challenge lending transactions from inception to closing. Provide high quality written credit analysis of complex transactions and present findings as appropriate. Exercise strong credit and analytical judgment, making decisions in a timely manner. Write, prepare and/or review analyses of creditworthiness of borrowers within the financial institutions sector. Prepare writeups covering purpose of financing, sources of repayment, and collateral quality in response to credit requests from Institutional Lending or lines of business. Monitor news of assigned borrowers, potentially recommending re-ratings of internal credit ratings and reviewing financial statements, earnings reports, rating agency reports, and industry analyses. Assist with risk management efforts for the overall credit risk group (2LOD), including Credit Analysis & Approval and Portfolio Management; help develop documentation and reporting as needed. Work closely with senior credit relationship managers, portfolio management, 1LOD/client executives, and analyst teams. Identify existing and emerging risks applicable to the assigned credit risk portfolio given industry trends, economic conditions, and current events. Qualifications
Bachelor’s Degree required; MBA or graduate degree in a business-related field preferred. 5 to 8 years of experience in credit risk management or financial risk management. Strong communication skills with a track record of delivery excellence. Strong relationship management skills and the ability to partner with a wide range of constituents; ability to manage and influence change. Ability to thrive in a fast-paced environment requiring quick thinking, problem solving, and effective relationship skills. Ability to interface effectively with customers, team members, lines of business, and senior Credit Risk management. Benefits and Company Information
BNY offers competitive compensation, benefits, and wellbeing programs rooted in a culture of excellence and a pay-for-performance philosophy. We provide access to flexible global resources and tools for employees’ life journeys. Focus on health, resilience, and financial goals as a valued team member, with generous paid leaves including paid volunteer time. BNY assesses market data to determine a competitive base salary and total compensation package, which may include commissions, discretionary bonuses, and short/long-term incentive packages, depending on the position and location. BNY is an Equal Employment Opportunity/Affirmative Action Employer. The base salary range for this position is between $68,000 and $114,000 per year at the start, with individualized determination based on experience and market location. This position is at-will and the company reserves the right to modify compensation at any time. Seniority level: Mid-Senior level. Employment type: Full-time. Job function: Finance and Sales.
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Vice President I, Broker-Dealer Credit Risk at BNY. This role supports the Credit Risk team for Broker-Dealers and is located in New York City. Responsibilities
The BNY Loan Desk is a component of Credit Risk that manages an overnight and intraday loan portfolios to support the credit needs of various financial market participants. Interact daily with Financial Market Utilities regarding trading activity and settlement/margin obligations of mutual customers. Consult, review and challenge lending transactions from inception to closing. Provide high quality written credit analysis of complex transactions and present findings as appropriate. Exercise strong credit and analytical judgment, making decisions in a timely manner. Write, prepare and/or review analyses of creditworthiness of borrowers within the financial institutions sector. Prepare writeups covering purpose of financing, sources of repayment, and collateral quality in response to credit requests from Institutional Lending or lines of business. Monitor news of assigned borrowers, potentially recommending re-ratings of internal credit ratings and reviewing financial statements, earnings reports, rating agency reports, and industry analyses. Assist with risk management efforts for the overall credit risk group (2LOD), including Credit Analysis & Approval and Portfolio Management; help develop documentation and reporting as needed. Work closely with senior credit relationship managers, portfolio management, 1LOD/client executives, and analyst teams. Identify existing and emerging risks applicable to the assigned credit risk portfolio given industry trends, economic conditions, and current events. Qualifications
Bachelor’s Degree required; MBA or graduate degree in a business-related field preferred. 5 to 8 years of experience in credit risk management or financial risk management. Strong communication skills with a track record of delivery excellence. Strong relationship management skills and the ability to partner with a wide range of constituents; ability to manage and influence change. Ability to thrive in a fast-paced environment requiring quick thinking, problem solving, and effective relationship skills. Ability to interface effectively with customers, team members, lines of business, and senior Credit Risk management. Benefits and Company Information
BNY offers competitive compensation, benefits, and wellbeing programs rooted in a culture of excellence and a pay-for-performance philosophy. We provide access to flexible global resources and tools for employees’ life journeys. Focus on health, resilience, and financial goals as a valued team member, with generous paid leaves including paid volunteer time. BNY assesses market data to determine a competitive base salary and total compensation package, which may include commissions, discretionary bonuses, and short/long-term incentive packages, depending on the position and location. BNY is an Equal Employment Opportunity/Affirmative Action Employer. The base salary range for this position is between $68,000 and $114,000 per year at the start, with individualized determination based on experience and market location. This position is at-will and the company reserves the right to modify compensation at any time. Seniority level: Mid-Senior level. Employment type: Full-time. Job function: Finance and Sales.
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