Senior Specialist, Asset Managers & Insurance Lending

BNY Mellon • New York, NY

3h • $58,000 - $130,000

About The Position

Senior Specialist, Asset Managers & Insurance Lending 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 Senior Specialist, Asset Managers & Insurance Lending to join our Investment Management & Insurance Institutional Lending team. This role is located in New York, NY. In this role, you’ll make an impact in the following ways:

Requirements

• Bachelor’s degree in finance, Accounting, Economics, or related field; or equivalent combination of education and experience.
• 4–7 years in institutional lending, credit underwriting, commercial banking, or risk analysis supporting complex credit facilities.
• Experience reviewing, analyzing, and tracking negotiation of credit/loan documentation.
• Strong financial modeling skills (3‑statement analysis, leverage/liquidity assessment, covenant modeling, sensitivity analysis).
• Working knowledge of credit risk frameworks, rating methodologies, collateral structures, and covenant packages.
• Excellent written and verbal communication; ability to present complex information clearly to stakeholders at all levels.
• High attention to detail; ability to manage multiple concurrent workstreams under deadlines.

Nice To Haves

• Exposure to asset managers, regulated mutual funds, insurance counterparties, and related legal/regulatory considerations.
• Experience with syndicated facilities, subscription/capital call lines, asset-backed structures, and/or secured lending.
• Familiarity with credit portfolio monitoring tools, risk/limit frameworks, and early-warning indicators.
• Credit training program completion

Responsibilities

• Deal Execution Support Support end-to-end transaction lifecycle: intake, diligence, underwriting, documentation, closing, and post-close tasks.
• Prepare credit analyses, financial models, sensitivity analyses, and risk ratings aligned to internal frameworks.
• Coordinate timelines and deliverables across clients, external counsel, and internal stakeholders.
• Underwriting & Documentation Draft/refine credit approval materials: obligor/structure overview, repayment sources, collateral analysis, covenants, risks/mitigants.
• Review and track negotiation points across loan/credit documentation (e.g., credit agreements, security agreements, guarantees, amendments).
• Maintain documentation trackers and closing checklists ensuring conditions precedent and compliance items are fulfilled.
• Portfolio Monitoring & Risk Management Monitor covenant compliance, borrowing base/availability, performance triggers, watch-list indicators, and exposure reporting.
• Prepare periodic portfolio reviews and client health checks (trends, concentrations, early warning signals).
• Support exceptions, waivers, amendments, and renewals, including remediation plans and follow-ups.
• Client & Stakeholder Engagement Collaborate with relationship managers, risk, legal, operations, and product partners to deliver smooth execution and client satisfaction.
• Prepare client-ready materials (pitch decks, portfolio updates, market snapshots) and support meetings and data requests.
• Maintain accurate pipeline and activity logs in required systems.
• Research & Market Insights Compile industry and issuer research to inform structures and risk assessments across asset managers, mutual funds, and insurers.
• Summarize macro and sector trends, rating agency commentary, and regulatory developments relevant to the portfolio.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees