Vice President, Broker Dealer Lending

BNY • New York, NY

27d • $68,000 - $199,000

About The Position

Vice President, Broker-Dealer 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 Vice President to join our Institutional Lending team supporting Broker-Dealers. This role is located in New York City, NY. In this role, you'll make an impact in the following ways: The BNY Loan Desk is a component of Institutional Lending that manages overnight and intraday loan portfolios to support the credit needs of various financial market participants. Interact daily with many Financial Market Utilities and Broker Dealer Clients regarding the trading activity and associated settlement/margin obligations of mutual customers. Manage lending transactions from inception to closing. Structure lending solutions to client liquidity needs on a secured and unsecured basis. Provide high quality analysis of complex transactions and make presentations of these findings as appropriate or needed. Exercise strong lending and analytical judgment, while making decisions in a timely manner. Analyze purpose of financing, sources of repayment, and quality of collateral (if any) in response to requests for credit from lines of business. Monitor news of assigned borrowers, which may involve recommendations on re-ratings of internal borrower credit ratings, reviewing financial statements, earnings reports, rating agency/analyst/industry reports. Assist risk management efforts and help with the development of documentation and reporting as needed. Work closely with senior relationship managers, portfolio management, client executives, and analyst teams. Help identify existing and emerging risks that are applicable given industry trends, economic conditions, current events, etc.

Requirements

• Bachelor's Degree is required.
• The candidate must have a minimum of 6+ years' experience in finance, banking, credit risk management, or financial risk management.
• The candidate must have strong communication skills and demonstrate a record of accomplishment and excellence in delivery.
• Strong relationship management skills and ability to partner with a large array of constituents; ability to manage and influence change are required.
• Ability to thrive in a fast-paced environment that demands quick thinking, problem solving, and effective relationship skills.
• Ability to effectively interface with customers, team members, lines of business, and senior management.

Nice To Haves

• MBA or graduate degree in a business-related field is preferred.

Responsibilities

• Manage lending transactions from inception to closing.
• Structure lending solutions to client liquidity needs on a secured and unsecured basis.
• Provide high quality analysis of complex transactions and make presentations of these findings as appropriate or needed.
• Exercise strong lending and analytical judgment, while making decisions in a timely manner.
• Analyze purpose of financing, sources of repayment, and quality of collateral (if any) in response to requests for credit from lines of business.
• Monitor news of assigned borrowers, which may involve recommendations on re-ratings of internal borrower credit ratings, reviewing financial statements, earnings reports, rating agency/analyst/industry reports.
• Assist risk management efforts and help with the development of documentation and reporting as needed.
• Work closely with senior relationship managers, portfolio management, client executives, and analyst teams.
• Help identify existing and emerging risks that are applicable given industry trends, economic conditions, current events, etc.

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