Senior Vice President, Intraday Risk

About the role

This role is located in Pittsburgh, PA.

• Contributes to risk management efforts for Intraday Credit Risk, specifically supporting the trading desk.
• Develops and delivers documentation and reporting in a timely manner.
• Helps to improve each region's adherence to the risk management strategy of the assigned credit risk discipline or contributes to the development of strategies to bring the regions into compliance with standard regional and global regulatory and policy requirements.
• Helps to identify existing and emerging risks that are applicable to the assigned credit risk discipline.
• Contributes to the completion of numerous credit processing and assessment activities, including credit analysis, underwriting, borrower re-rating/approval and transaction review and approval for Intraday Credit and Markets.
• Approves and oversees a moderate quantity of standard credit processing and assessment activities.
• Demonstrates proficiency with credit systems, such as the credit borrower rating system and credit approval systems (GFC, CFC, LMS, AIMs, Nexen).
• May be involved in analyzing and preparing ad hoc and standard reporting for the credit risk portfolios.
• Contributes to the development of organization-wide projects and programs to improve risk management for the assigned risk discipline.
• Contributes to assessments of the effectiveness of current Intraday Credit 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.
• Builds familiarity with regional differences.
• Contributes to the implementation of new, approved Intraday Credit Risk management solutions that comply with regulatory requirements.
• No direct reports; provides guidance to more junior team members, as needed.
• Contributes to the achievement of Intraday Credit Risk team objectives.

Requirements

• Bachelor's degree or related technical discipline, or the equivalent combination of education and experience is required.
• MBA preferred.
• 10-12 years of total work experience preferred.
• Prior experience/background in credit risk preferred.

Discipline-Specific Experience/Skills

• Credit Analysis & Approval/Portfolio Management: Formal credit training preferred. Ability to assist with the management of diverse lending, operating products, attendant risk, foreclosure, bankruptcy and/or OREO assets.
• Operational Credit Risk: Formal credit training preferred. Experience as an underwriter and assisting with the management of rapid-turnaround, intraday funds transfers and approvals.
• Country Risk: Formal credit training preferred. Experience with borrower rating systems and tracking methodologies, and basic knowledge of fiscal and financial condition indicators.
• Credit Administration: Experience as an underwriter and familiarity with credit administration systems typically used by financial institutions.
• Community Reinvestment Act/Appraisal: Expert-level familiarity with the Community Reinvestment Act and extensive experience conducting complex real estate appraisals.

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.

Benefits

• Highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
• 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.
• Generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
• Eligibility for an annual discretionary incentive award.
• Enrollment in a 401(k) plan and participation in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents.
• Various paid time off benefits, such as vacation and sick time, dependent on the position offered.

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 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.