Director, Credit Services

About the role

This role is located in New York, NY. The Director will lead due diligence and ongoing risk oversight related to Wealth Management clients and broker-dealers, with a focus on financing risk and Broker dealer financing / Prime Brokerage. The role requires strong analytical skills to evaluate portfolios and risk metrics, strong communication skills to drive clear decisions and stakeholder alignment, and the ability to partner with Quants and Engineering to enhance risk management frameworks (margins, stress testing, monitoring).

Responsibilities

• Lead due diligence reviews for Wealth Management clients and broker-dealers, from initial assessment through approval and periodic refresh.
• Provide subject-matter leadership on financing risk and Prime Brokerage risk topics, including evaluation of client activity, exposures, and risk appetite alignment.
• Perform and oversee portfolio-based analyses (sample portfolios, portfolio analytics, stress outcomes, concentration reviews) to support underwriting and risk decisions.
• Partner with 2nd Line, Quants and Engineering to improve and modernize the risk management framework (e.g., margin methodologies, stress testing approaches, monitoring and escalation controls).
• Communicate findings and recommendations clearly to senior stakeholders and forums; influence outcomes through crisp, well-supported narratives.

Requirements

• Prime Brokerage experience (required), with demonstrated expertise in financing risk.
• Strong analytical skillset with hands-on ability to evaluate portfolios and interpret portfolio analytics and stress results.
• Strong communication skills (written and verbal), including the ability to present complex risk topics succinctly to senior audiences.
• Preferred Bachelor’s degree in a STEM-related discipline (or equivalent quantitative background).
• AI proficiency - demonstrated ability to use AI tools to improve productivity and decision support (analysis, summarization, workflow acceleration), with appropriate judgment and governance mindset.
• Experience leading due diligence / underwriting work for Wealth Management clients and/or broker-dealers.
• Experience working closely with quantitative and engineering teams to deliver enhancements to risk analytics, monitoring, margining, or stress testing frameworks.
• Familiarity with governance processes and escalation mechanisms in a First Line Risk/Credit environment.

About Us

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 is all about.

About The Team

At BNY, our culture speaks for itself. Check out the latest BNY news at BNY Newsroom & BNY LinkedIn.

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

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.

Pay

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents.