Senior Specialist, Credit Services Administration

BNY MellonNew York, NY
Onsite

About The Position

BNY is seeking a Senior Specialist, Credit Services Administration to join their Credit Services team in New York, NY. This role involves making an impact through various loan administrative activities, interfacing with Lenders, interpreting loan documents, and supporting regulatory reporting. BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. The company emphasizes a culture that fosters employee growth and success, leveraging cutting-edge AI and breakthrough technologies to drive transformative solutions. BNY is recognized as a top destination for innovators, where bold ideas meet advanced technology and exceptional talent, powering the future of finance.

Requirements

  • Bachelor’s degree in business administration, finance, accounting or economics degree preferred or equivalent combination of education and experience is required
  • 3-5 years of total work experience preferred
  • Excellent organizational and time management skills

Responsibilities

  • Accountable for loan administrative activities, including the review of control reports, ensuring that all documentation policy exceptions are cleared timely and open receivables are resolved
  • Interface with Lenders on client onboarding, billing and loan reconciliation and issue resolution
  • Ability to interpret loan documents
  • Need to be proficient in Excel, it will need to be Intermediate to Advanced level
  • Support credit facility loan set-up and Responsible for monitoring loan processing activities, ensuring timely loan funding and payment processing
  • Support 14Q/M Regulatory Reporting data collection and reporting related to loans

Benefits

  • Highly competitive compensation
  • Benefits and wellbeing programs
  • Flexible global resources and tools for your life’s journey
  • Generous paid leaves
  • Paid volunteer time
  • 401(k) plan
  • Company-sponsored medical plan
  • Company-sponsored dental plan
  • Company-sponsored vision plan
  • Company-sponsored basic life insurance plans
  • Various paid time off benefits, such as vacation and sick time
  • Eligibility for an annual discretionary incentive award
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