Vice President, Credit Risk Review

BNY Mellon • New York, NY

1d • $83,000 - $165,000

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
Credit Risk Review team. This role is located in New York City

In this role, you’ll make an impact in the following ways:

Help deliver CRR’s mandate. As an independent assurance function within our
2nd Line of Defense, Credit Risk Review (CRR) provides assessment and
assurance on the quality of BNY’s credit exposures, quality of credit
evaluation and approval, accuracy of credit ratings, and the degree of
adherence to BNY’s credit risk policies, standards, procedures and risk
appetite.
Help exercise CRR’s authority. CRR holds override authority on Credit
decisions including risk ratings, and the authority to raise issues and track
their remediation to completion. CRR also provides assurance to external
examiners and regulatory authorities whether our credit assessment process
complies with regulatory guidelines.
Lead and participate in comprehensive credit risk reviews of various lending
portfolios to provide an independent assessment of the Bank’s quality of
credit exposure and the degree of adherence to risk policies, procedures and
guidelines.
Perform detailed independent credit analysis which includes financial
statement analysis, ratio analysis and cash flow analysis on the borrowers
within the lending portfolio under review.
Ensure that individual credits are appropriately underwritten, properly risk
rated and adhere to the Company’s risk policy.
Ensure an appropriate assessment of credit risk through early identification
of issues, problems and exceptions regarding credit, as well as industry and
geographic risk assessments to support early detection of credit and/or
portfolio deterioration.
Lead or participate in opening meetings, closing meetings and communicates
any issues to the Head of Credit Risk Review, senior management and the
credit risk team of the lending portfolio under review.
Keep current with federal and state regulations/guidelines pertaining to the
lending function that may impact the Company’s lending portfolio.
Participates in CRR continuous monitoring, regulatory requests and other
independent third- party requests, any other projects assigned by CRR
management.
Demonstrate leadership through project management and execution, analytical
sharpness and intellectual curiosity, training of less experienced peers.

Requirements

• Bachelor's degree in accounting or finance or other related field; MBA, CPA, CFA or related certifications preferred.
• 7-10 years relevant experience in credit risk review, credit risk or a relevant specialty. Credit officer experience and track-record of holding material individual credit authority is preferred. Experience in a major financial institution is preferred, primarily in the US, but international experience may also add value.
• Completion of a credit training program preferred.
• Additional core skill requirements include in depth credit analysis and knowledge of various lending portfolios. Thorough knowledge of various lending products.
• Specific areas of technical expertise preferred are: (1) Private Banking lending products and practices, (2) real estate lending, (3) financial institutions and (4) counterparty credit risk.
• Confidence, strong negotiation, oral and written communication skills. Pragmatic and commercial approach.
• Ability to work collaboratively and productively with various internal and external stakeholders.

Responsibilities

• Help deliver CRR’s mandate.
• Help exercise CRR’s authority.
• Lead and participate in comprehensive credit risk reviews of various lending portfolios to provide an independent assessment of the Bank’s quality of credit exposure and the degree of adherence to risk policies, procedures and guidelines.
• Perform detailed independent credit analysis which includes financial statement analysis, ratio analysis and cash flow analysis on the borrowers within the lending portfolio under review.
• Ensure that individual credits are appropriately underwritten, properly risk rated and adhere to the Company’s risk policy.
• Ensure an appropriate assessment of credit risk through early identification of issues, problems and exceptions regarding credit, as well as industry and geographic risk assessments to support early detection of credit and/or portfolio deterioration.
• Lead or participate in opening meetings, closing meetings and communicates any issues to the Head of Credit Risk Review, senior management and the credit risk team of the lending portfolio under review.
• Keep current with federal and state regulations/guidelines pertaining to the lending function that may impact the Company’s lending portfolio.
• Participates in CRR continuous monitoring, regulatory requests and other independent third- party requests, any other projects assigned by CRR management.
• Demonstrate leadership through project management and execution, analytical sharpness and intellectual curiosity, training of less experienced peers.

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: 1-10 employees