Vice President, Broker Dealer Lending

BNY Mellon • New York, NY

26d • $68,000 - $199,000

About The Position

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.

Requirements

• Bachelor’s Degree is required. MBA or graduate degree in a business-related field is preferred.
• 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.

Responsibilities

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level