Job DescriptionWe're seeking a future team member for the role of Senior Specialist, Credit Services & Loan Closing to join our Credit Services Administration team. This role is located in New York, NY.
- Lead end-to-end syndicated loan closings, including CP validation, funding coordination, lender allocations, and seamless onboarding.
- Knowledge of LSTA/LMA standards and syndicated loan life cycle, which includes familiarity with par loan trading and loan settlement processes.
- Analyze and interpret credit documentation to extract and validate key terms (rates, fees, covenants, maturities) for accurate deal capture and booking.
- Own facility setup and lifecycle management, including onboarding, amendments, waivers, extensions, repricing, and restructurings.
- Ensure data integrity and regulatory compliance through quality control reviews, monitoring limits/expirations, and adherence to reporting requirements (e.g., FR Y-14Q, 2052a).
To be successful in this role, we're seeking the following:
- Bachelor's degree in business administration, finance, accounting or economics degree preferred or equivalent combination of education and experience is preferred
- Experience with workflow via ClearPar / Markit
- 3-5 years of relevant Loan Agency experience supporting Syndicated Loans and interpreting complex Legal documentation
- Excellent organizational and time management skills
- Proficiency in Microsoft 365 applications, with a focus on Excel
Our Benefits and Rewards:
BNY 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, including paid volunteer time, that can support you and your family through moments that matter.
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. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
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.
