Senior Vice President, Global Banks and Broker-Dealer Credit Risk
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We’re seeking a future team member for the role of Senior Vice President to join our Global Banks and Broker-Dealer Credit Risk team. This role is located in Pittsburgh, PA in a Hybrid work environment.
About The Team
At BNY, the Credit Risk group performs the review, challenge, oversight, and guidance of the firm’s lending activities to our clients. Within Credit Risk, the Global Banks and Broker Dealers team supports the firm’s risk management efforts surrounding our responsibilities for lending to financial and certain non-financial institutions. In addition, this team is responsible for managing, monitoring, and executing the credit risk strategy to all banks and broker dealers across the globe with which we do business. The position will involve coverage of select Western and Central European countries with a focus on the main German-speaking countries in the region. The Senior Vice President is responsible for the risk management efforts, including credit analysis & approval as well as management and monitoring of the assigned credit.
In this role, you’ll make an impact in the following ways:
Engage in deep dive analysis to understand financial and business performance and provide concise credit papers and recommendation to approvers.
Partnering with colleagues in credit risk team to prepare credit analysis paper comprising of:
Comprehensive fundamental analysis (P&L, B/S, C/F and Liquidity),
Analysing transaction structure for all product categories,
Review of the counterparty’s strategy and its business risk,
Researching industry dynamics, global economic conditions and competitive environment,
Identification and evaluations of repayment sources, including collateral valuation,
Financial modelling and forecasting – In depth modelling / Cash flow analysis in order to determining debt repayment capability,
Proposing borrower risk rating using bank’s internal model based on financial and economic data.
Ensure adherence to deadlines for deals and timely completion of credit annual reviews.
Proactively monitoring the assigned portfolio by tracking the industry / economic / regulatory development, counterparty related news, and other early warning indicators.
Liaising with various internal and external stakeholders.
Adhering strictly to compliance and operational risk controls in accordance with BNYM policies.
To be successful in this role, we’re seeking the following:
Bachelor’s degree or equivalent work experience is required. Degrees in Finance, Accounting, Economics, or other Business degrees are required. MBA preferred.
5– 8 years’ experience in credit research / analysis / underwriting with large MNC banks / captive unit of a large multinational bank / credit rating agencies.
Prior experience/background in credit risk and familiarity with rating systems is preferred. Formal credit training is also preferred. Knowledge of capital markets / traded products and commercial financing facilities as well as internal rating methodologies also preferred
German language capability is a plus.
Knowledge of banking industry and services is required; Knowledge of market data tools and external resources like S&P Capital IQ, SNL, Bloomberg, Moody’s, and Credit Sights strongly preferred
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023
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.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
About Us
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
About The Team
Risk and Compliance provide risk and compliance services across all BNY Mellon businesses. Organizationally, Risk and Compliance includes the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Risk Management is organized through Chief Risk Offices for each core business and critical operation. Risk managers provide shared support to BNY Mellon for operational risk services for Global Corporate Trust, Depositary Receipts, Treasury Services and Global Operations in EMEA. Compliance helps ensure BNY Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon policies and ethics. This is accomplished through business- and business partner-specific teams of professionals, under centralized global management.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Financial Services
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