Head of First Line Credit jobs in United States
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BNY · 1 day ago

Head of First Line Credit

positionNew York, NY
timeFull-time
remoteOnsite
seniorityDirector/Executive
money$127K/yr - $273K/yr
date10+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Head of First Line Credit to oversee credit underwriting and risk activities across various trading businesses, ensuring disciplined decision-making and strong client relationships.

Financial Services

Responsibilities

Lead and grow a high performing, globally dispersed First Line Credit team
Oversee all credit underwriting, approval, and monitoring processes for Global Markets products
Balance risk mitigation with commercial objectives—drive decisions informed by detailed analysis and commercial acumen
Partner with regulators on examinations, inquiries, and reporting related to market credit risk
Cultivate and manage complex client relationships, ensuring credit solutions meet client needs within risk appetite
Develop and refine credit policies, scorecards and risk frameworks in line with evolving market dynamics
Present credit assessments and portfolio reviews to senior management and risk committees

Qualification

Credit risk managementCapital markets experienceCredit underwritingRelationship managementQuantitative backgroundRegulatory interactionRisk frameworks designCommunicationLeadership experience

Required

10+ years of capital markets experience, with significant credit risk responsibilities (1st or 2nd line)
Deep understanding of Markets products (Securities Finance, broker-dealer financing, FX, Fixed Income, Equities)
Demonstrated experience underwriting credit for hedge funds or prime brokerage clients
Director-level or equivalent senior leadership experience
Excellent verbal and written communication skills; able to distill complex analyses for senior stakeholders
Quantitative background (e.g., degree in finance, economics, mathematics, engineering)
Prior interaction with U.S. and global regulators on credit-risk related matters
Proven track record in relationship management with hedge funds and institutional clients
Experience designing or enhancing first-line credit risk frameworks and scorecards

Preferred

First line risk experience preferred

Benefits

Highly competitive compensation
Benefits
Wellbeing programs
Flexible global resources and tools
Paid volunteer time
Generous paid leaves

Company

BNY

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We help make money work for the world — managing it, moving it and keeping it safe.
dateFounded in 1784
location
New York, NY, US
people-size10001+ employees
web-link
https://www.bny.com

Funding

Current Stage
Late Stage

Leadership Team

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Brian A. Ruane
CEO Government Securities Services & Global Client Management
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Chris Kearns
CEO, Depositary Receipts
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Recent News

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2024-11-01
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Company data provided by crunchbase