Specialist, Credit Risk
About the role
We’re seeking a future team member for the role of Specialist to join our Credit Risk team covering Funds and Alternative Managers. This role is located in Pittsburgh, PA.
Responsibilities
Performing credit due diligence on existing and prospective clients which include Regulated Funds, Hedge Funds, Private Equity Funds
Analyzing financial performance of clients and assessing the entity’s risk profile
Establishing and monitoring credit limits including Repo, FX and OTC Derivatives, and Direct Lending
Participating in the negotiation of credit agreements
Performing ongoing monitoring of clients’ financial performance and exposures to BNY
Reviewing and challenging business proposals
Assisting in the preparation of portfolio presentations
Requirements
Bachelor’s degree in finance or related fields
2-4 years of experience in credit supporting Regulated and Unregulated funds
Demonstrated understanding of financial markets globally
Strong understanding of AI concepts and ability to apply AI to the job function
Ability to collaborate across teams
Qualifications
Ability to analyze financial statements
Skills
AI concepts and application to the job function
Collaboration across teams
Benefits
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. Join us and be part of something extraordinary.
Pay
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.
Schedule
Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
Company Information
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. 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. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.