Vice President, Credit Risk - Global Corporate Credit

The Bank Of New York Mellon Pittsburgh , PA 15201

Posted 5 days ago

Bring your ideas. Make history.

BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We're seeking a future team member for the role of Vice President, Credit Risk I to join our General Corporate Credit Risk team. This role is located in Pittsburgh, PA - HYBRID model (3 days/week in office).

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

  • Writing, preparing and/or reviewing analyses of creditworthiness of a diverse array of large institutional corporate borrowers/counterparties, and financings such as syndicated loans and markets credit transactions. Sectors include manufacturing, telecom/media/tech, oil & gas, retail, etc.

  • Writeups cover purpose of financing, sources of repayment, and quality of collateral (if any) in response to requests for credit from Institutional Lending (first line of defense, "1LOD") or lines of business.

  • Monitoring news of assigned borrowers, may involve recommendations on re-ratings of internal borrower credit ratings, reviewing financial statements, earnings reports, rating agency/analyst/industry reports.

  • Assisting with risk management efforts for the General Corporate credit risk group (second line of defense, "2LOD"), such as Credit Analysis & Approval and Portfolio Management. Helping with the development of documentation and reporting as needed.

  • Working closely with two senior credit relationship managers, portfolio management, 1LOD/client executives, and with analyst teams

  • Helping to identify existing and emerging risks that are applicable to the assigned credit risk portfolio given industry trends, economic conditions, current events, etc.

To be successful in this role, we're seeking the following:

  • Bachelor's degree or related technical discipline, or the equivalent combination of education and experience is required.

  • Strong writing and credit analysis skills required.

  • 5-7 years of total work experience preferred. Prior experience/background in credit risk preferred.

  • Formal credit training preferred.

  • Experience with borrower rating systems and tracking methodologies, and basic knowledge of fiscal and financial condition indicators preferred. Experience as an underwriter and familiarity with credit administration systems typically used by financial institutions preferred.

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion

  • Bloomberg's Gender Equality Index (GEI)

  • Human Rights Campaign Foundation, 100% score Corporate Equality Index

  • Best Places to Work for Disability Inclusion, Disability: IN - 100% score 

  • 100 Best Workplaces for Innovators, Fast Company

  • CDP's Climate Change 'A List'

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.


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Vice President, Credit Risk - Global Corporate Credit

The Bank Of New York Mellon