With minimal guidance, assists with risk management efforts for the assigned credit risk focus, such as Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, or Credit Administration. Helps with the development of documentation and reporting. 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 the analyses of a variety of credit portfolios and credit portfolio quality with a special focus on residential mortgage loans. Responsibilities include accessing various loan servicing systems, preparing reports from these and assisting in the management of past due loans. Interact with third party servicers, internal financial staff and credit and portfolio managers, as needed. Contributes to legal documentation processes. 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. 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. Will be involved in analyzing and preparing adhoc and standard reporting for the credit risk portfolios as well as for financial and regulatory reporting. Continues to gain experience reviewing real estate appraisals for commercial and residential properties. Proactively checks appraisal policies and procedures for consistency with the Bank's risk appetite and for compliance with various standard regulatory requirements. With guidance, contributes to analyses of existing and proposed legislation, regulatory announcements and industry practices that are applicable to the assigned credit risk discipline. Reviews work with more senior professionals. 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. Contributes to the implementation of new, approved Credit Analysis & Reporting, Operational Credit 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, or Credit Administration team objectives. Modified based upon local regulations/requirements.
QualificationsBachelor 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. Ability to assist with the management of diverse lending, operating products, attendant risk, foreclosure, bankruptcy and/or OREO assets. Operational Credit Risk: Formal credit training preferred. Experience as an underwriter and assisting with the management of rapid-turnaround, intraday funds transfers and approvals. 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. Community Reinvestment Act/Appraisal: Basic familiarity with the Community Reinvestment Act and experience conducting real estate appraisals.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 85146
Requisition Number: 2005667