Specialist, Credit Risk

BNY Mellon•Pittsburgh, PA

4d•$52,000 - $62,125

About The Position

In this role, you’ll make an impact in the following ways: With direct guidance, assists with risk management efforts for the assigned credit risk focus, such as Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration. Helps with the development of documentation and reporting. Supports each team's adherence to the risk management strategy of the assigned credit risk discipline. Primary duty for each discipline is as follows: Credit Analysis & Approval/Portfolio Management: With direct guidance, assists with analyses of industry, country and counter party credit portfolios and credit portfolio quality. May interact with portfolio managers, as directed. Trained to underwrite credit transactions and manage credit relationships. Operational Credit Risk: With direct guidance, assists with the completion of numerous credit processing and assessment activities, including credit analysis, underwriting, borrower re-rating and transaction review for intraday credit. Country Risk: With direct guidance, assists with the assessment and grading of credit quality for the assigned small, standard country. Is beginning to track the fiscal condition of sovereigns and to draft preliminary ratings for country borrowers. Supports preparation of standard country risk assessments and integration of assessments into portfolio management for the organization's overall credit risk. Credit Administration: With direct guidance, assists with credit reviews or credit submissions and other related administrative activities and operations for the various credit portfolios. Assist with the preparation of credit proposals, gathering documentation and financial spreads. Audits credit proposals and confirms credit approvals are in compliance with policies. Training on credit systems, such as the credit borrower rating system and credit approval system. May be involved in analyzing and preparing adhoc and standard reporting for the credit risk portfolios. Community Reinvestment Act/Appraisal: With direct guidance, helps in the identification of the appropriate balance of investments, loan commitments and community activities to align with CRA corporate goals. Assists in reviewing real estate appraisals for commercial and residential properties, as directed. May check appraisal policies and procedures for consistency with the Bank's risk appetite and for compliance with various standard regulatory requirements. Under direct supervision, 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.Assists with the completion of industry, country and/or counter party credit quality analyses for the assigned credit risk discipline. Begins to build familiarity with regional differences. No direct reports.Contributes to the achievement of Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration team objectives. Modified based upon local regulations/requirements.

Requirements

Bachelor's degree or related technical discipline, or the equivalent combination of education and experience.
0-1 years of total work experience preferred.
Prior experience/background in credit risk preferred.
Ability to assist with the management of diverse lending, operating products, attendant risk, foreclosure, bankruptcy and/or OREO assets is a plus (for Credit Analysis & Approval/Portfolio Management).
Experience as an underwriter and assisting with the management of rapid-turnaround, intraday funds transfers and approvals is a plus (for Operational Credit Risk).
Experience with borrower rating systems and tracking methodologies, and basic knowledge of fiscal and financial condition indicators is a plus (for Country Risk).
Experience as an underwriter and familiarity with credit administration systems typically used by financial institutions is a plus (for Credit Administration).

Responsibilities

Assists with risk management efforts for assigned credit risk focus (Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk, or Credit Administration) with direct guidance.
Helps develop documentation and reporting.
Supports team adherence to the risk management strategy.
Assists with analyses of industry, country, and counterparty credit portfolios and credit portfolio quality.
Assists with credit processing and assessment activities, including credit analysis, underwriting, borrower re-rating, and transaction review.
Assists with the assessment and grading of credit quality for assigned countries.
Tracks fiscal condition of sovereigns and drafts preliminary ratings for country borrowers.
Supports preparation of country risk assessments and integration into portfolio management.
Assists with credit reviews, submissions, and related administrative activities.
Assists with the preparation of credit proposals, gathering documentation, and financial spreads.
Audits credit proposals and confirms compliance with policies.
Analyzes and prepares ad hoc and standard reporting for credit risk portfolios.
Helps identify appropriate balance of investments, loan commitments, and community activities for CRA goals.
Assists in reviewing real estate appraisals for commercial and residential properties.
Checks appraisal policies and procedures for consistency with risk appetite and regulatory compliance.
Contributes to analyses of legislation, regulatory announcements, and industry practices applicable to credit risk.
Reviews work with more senior professionals.
Assists with assessments of the effectiveness of risk identification and mitigation projects.
Assists with the completion of industry, country, and/or counterparty credit quality analyses.
Builds familiarity with regional differences.