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BNY · 10 hours ago

Vice President, Credit Risk Review

New York, NY

Full-time

Onsite

Mid, Senior Level

$83K/yr - $130K/yr

7+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. The Vice President in Credit Risk Review will assess and assure the quality of credit exposures and adherence to credit risk policies, while also leading comprehensive credit risk reviews and ensuring compliance with regulatory guidelines.

Financial Services

Responsibilities

Help deliver CRR’s mandate. As an independent assurance function within our 2 nd 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

Qualification

Credit risk reviewCredit analysisFinancial statement analysisMBACPACFAPrivate Banking productsReal estate lendingCounterparty credit riskNegotiation skillsCommunication skillsProject managementCollaborative work

Required

Bachelor's degree in accounting or finance or other related field

7-10 years relevant experience in credit risk review, credit risk or a relevant specialty

Confidence, strong negotiation, oral and written communication skills

Ability to work collaboratively and productively with various internal and external stakeholders

In depth credit analysis and knowledge of various lending portfolios

Thorough knowledge of various lending products

Preferred

MBA, CPA, CFA or related certifications

Credit officer experience and track-record of holding material individual credit authority

Experience in a major financial institution, primarily in the US, but international experience may also add value

Completion of a credit training program

Specific areas of technical expertise: (1) Private Banking lending products and practices, (2) real estate lending, (3) financial institutions and (4) counterparty credit risk