BNY Mellon Careers
Spec, Credit Risk
Responsible for executing the credit strategy for international customers to which BNY Mellon extends credit. Independently and with limited supervision manages a large portfolio of customers with complex, enterprise wide credit and fee based needs and opportunities. The position requires strong and decisive credit judgment with responsibilities including concise, accurate and timely written analysis, review and presentation of credit requests for approval, loan documentation, and ongoing monitoring and communication of all portfolio companies¿ performance, including the utilization of market-based tools/resources. Responsible for maintaining effective interface/communication with executives and management of the portfolio customers. Responsible for predicting future changes/trends in ratings (credit quality) of the portfolio customers and for timely and recommendations of changes in target exposure. Responsible for the timely and accurate rating of each borrower in the portfolio and promptly escalate deteriorating credit situations. Responsible for identifying industry trends and providing recommendations regarding industry credit exposure. Depending on the portfolio assigned, the incumbent will be expected to be part of the team developing a pool of risk. In addition, in certain circumstances, assist in the facilitation of overnight borrowings and the issuance of letters of credit. Responsible to ensure management information system data accuracy is maintained for each portfolio customer. Responsible to improve each Region's adherence to the risk management strategy of the assigned credit risk discipline and contribute to the development of strategies to maintain the assigned portfolio within the company risk standards. Contributes to the assessment and grading of credit quality for the assigned large, complex country The position requires critical thinking centered on analyzing macro and micro based information in order to formulate opinions and recommendations. Position has direct responsibility for credit decisions which can affect potential loss and non-credit revenue.
Minimum 5 to 7 years’ experience in risk and commercial/relationship management in the financial or professional services industry. Strong credit judgment including the ability to analyze market data and ascertain credit quality impact. Strong oral and written communication skill; strong analytical thinking and problem solving skills and ability to work independently are required. Bachelor’s degree required, major in Finance or Accounting preferred. MBA preferred or equivalent. PC literacy including Bloomberg expertise is needed. Travel is required
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: 85147
Requisition Number: 1807622