BNY Mellon Careers

Rep, Credit/LoanAdministration

Pittsburgh, Pennsylvania

Job Description

Credit/Loan Administration - S2 Supports operational loan activities and bilateral loan funding arrangements for buy-side agent banks. Activities include processing transactions, tracking data and monitoring compliance. Understands policies and consistently achieves benchmarks in policy and quality. Responsible for quality control. Volume and complexity of transactions is moderate. Assists with coordination of loan activities with internal partners. Processes cash and loan transactions. Supports, monitors and ensures accuracy of loans and bilateral funding transactions. Tracks loan data and monitors cash inflow and outflow for accuracy and ensures compliance with all regulatory, BNY Mellon and client specifications. Corrects straightforward loan errors. Identifies and escalates more serious loan issues to senior team members. Sets up credit facilities and handles reporting mismatches and investigations. Initiates documentation and set up of fee structures. Collects and summarizes moderate quantities of loan data to assist with preparation of reports. Under supervision, responds to client inquiries and delivers information, and communicates with agent banks and other internal areas of the organization. Receives inquiries and/or delivers information to clients on a daily basis. Maintains process flow documentation, administrative summaries and standard operating procedures. No direct reports. Responsible for the quality and completion of own work.


 Associates degree or the equivalent combination of education and experience is required. Bachelors degree preferred. 1-2 years of total work experience preferred. Experience in Accounting preferred.

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:

Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

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: 70465
Job: Operations
Organization: Issuer and Loan Services-HR11024
Requisition Number: 1809263