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LdAnlyst, Credit Risk
The lead analyst will assist in the coverage of the Life and Property & Casualty Insurance industries as well as Asset Managers and Mutual Funds. Knowledge or experience in these industries is considered a plus. The analyst will perform financial statement analysis relating to the balance sheet, income statement and statement of cash flows of client base. Experience or knowledge in this area is considered a plus. Business writing is an integral part of the position, experience is a plus. The covered portfolio is a group of companies active in financial markets; as such experience, knowledge and motivation relating to financial markets and instruments is considered a plus.
With minimal guidance, assists with risk management efforts for the assigned credit risk focus, such as Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration. Helps with the development of documentation and reporting. Helps to improve each region's adherence to the risk management strategy of the assigned credit risk discipline. Helps to identify existing and emerging risks that are applicable to the assigned credit risk discipline. Primary duty for each discipline is as follows: Credit Analysis & Approval/Portfolio Management: With minimal guidance, contributes to analyses of industry, country and counter party credit portfolios and credit portfolio quality. Interact with portfolio managers, as needed. Contributes to legal documentation processes and structuring of term sheets and deals. Operational Credit Risk: With minimal guidance, contributes to the completion of numerous credit processing and assessment activities, including credit analysis, underwriting, borrower re-rating and transaction review and approval for intraday credit. Is beginning to approve and oversee a low quantity of non-complex credit processing and assessment activities. Country Risk: With minimal guidance, contributes to the assessment and grading of credit quality for the assigned medium-sized, standard country. Continues to gain experience tracking the fiscal condition of sovereigns and drafts preliminary ratings for country borrowers. Assists with the preparation of country risk assessments and integration of standard assessments into portfolio management for the organization's overall credit risk. Credit Administration: With minimal guidance, contributes in credit reviews or credit submissions and other related administrative activities and operations for the various credit portfolios. Prepares credit proposals, gathers documentation and financial spreads. Audits credit proposals and confirms credit approvals are in compliance with policies. Continues to gain experience with credit systems, such as the credit borrower rating system and credit approval system. May be involved in analyzing and preparing adhoc and standard reporting for the credit risk portfolios. Assists with the assessments of the effectiveness of current Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration risk identification and mitigation projects. Assists with the completion of industry, country and/or counter party credit quality analyses for the assigned credit risk discipline. Begins to build familiarity with regional differences. Contributes to the implementation of new, approved Credit Analysis & Reporting, Operational Credit Risk, Country Risk or Credit Administration risk management solutions that comply with regulatory requirements. No direct reports. Contributes to the achievement of Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration team objectives. Modified based upon local regulations/requirements.
Bachelor s degree or related technical discipline, or the equivalent combination of education and experience is required. Family Requirements: 3-5 years of total work experience preferred. Prior experience/background in credit risk preferred. In addition, may require the following experience/skills based on primary duties: Discipline Requirements: Credit Analysis & Approval/Portfolio Management: Formal credit training preferred. Country Risk: Formal credit training preferred. Experience with borrower rating systems and tracking methodologies, and basic knowledge of fiscal and financial condition indicators. Credit Administration: Experience as an underwriter and familiarity with credit administration systems typically used by financial institutions.
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.
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.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 85146
Requisition Number: 1804771