Managing Director, Fund Finance, Division Head
About The Position
Managing Director, Fund Finance Division Head At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Managing Director to join our Credit Services team. This role is located in New York, NY In this role, you’ll make an impact in the following ways: Drive Fund Finance portfolio growth (Capital Call, Private Credit ABL, BDC Lending, Management Companies’ financings and other). Lead origination and structuring of credit facilities for top Sponsor relationships of BNY. Lead strategic vision for fund finance portfolio growth and new product initiatives. Present portfolio reviews to Executive Committee members including CFO and CRO. Responsible for setting fund finance portfolio governance, such as consistent legal due diligence, LP monitoring framework, review and refinement of transaction underwriting guidelines. Review the appropriateness of potential portfolio risk mitigation strategies. Provide sector content and insights on the industry and trends that may translate into business opportunities, identify product gaps and solutions to fill them. Manage a team of fund finance bankers.
Requirements
- Bachelor’s degree in Finance or the equivalent combination of education and experience is required.
- 15+ years of total work experience related to Capital Call, Private Credit ABL, NAV, Structured Finance; experience in risk analysis.
- Excellent credit analysis and financial modelling skills; experience in reviewing, analyzing and negotiating credit documentation.
- Ability to communicate skillfully and effectively with involved stakeholders.
- Ability to lead, inspire and motivate a team.
Nice To Haves
- MBA is preferred.
Responsibilities
- Drive Fund Finance portfolio growth (Capital Call, Private Credit ABL, BDC Lending, Management Companies’ financings and other).
- Lead origination and structuring of credit facilities for top Sponsor relationships of BNY.
- Lead strategic vision for fund finance portfolio growth and new product initiatives.
- Present portfolio reviews to Executive Committee members including CFO and CRO.
- Responsible for setting fund finance portfolio governance, such as consistent legal due diligence, LP monitoring framework, review and refinement of transaction underwriting guidelines.
- Review the appropriateness of potential portfolio risk mitigation strategies.
- Provide sector content and insights on the industry and trends that may translate into business opportunities, identify product gaps and solutions to fill them.
- Manage a team of fund finance bankers.
Benefits
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Director
Number of Employees
5,001-10,000 employees
