Vice President, Credit Risk (Intraday Risk)

BNY Mellon

$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Economics, Business Administration, or related field
  • 5-7 years of experience in credit risk preferred
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Proficiency in risk management software and financial analysis tools

Responsibilities

  • Evaluate and manage credit risks associated with diverse portfolio
  • Conduct comprehensive credit risk assessments
  • Develop and implement risk management strategies
  • Collaborate with cross-functional teams to enhance risk culture
  • Monitor and report on credit risk exposures
  • Support the development of credit risk policies and procedures
  • Facilitate continuous improvement in risk management processes

Benefits

  • Access to flexible global resources and tools for wellbeing
  • Support for health and financial goals
  • Generous paid leaves, including paid volunteer time
  • Participation in 401(k) plan and company-sponsored insurance plans
  • Opportunities for continuous learning and professional development
Full Job Description
Job Description

We're seeking a future team member for the role of Vice President, Credit Risk (Intraday Risk) to join our Credit Risk team. This role is located in Pittsburgh, PA

In this role, you'll make an impact in the following ways:
  • The Vice President, Credit Risk is a pivotal role within the Risk & Regulatory Compliance function, specifically focusing on the Credit Risk family.
  • This role is responsible for evaluating and managing credit risks associated with the organization's diverse portfolio.
  • Through rigorous analysis and risk assessment, the position supports BNY's strategic pillars of safeguarding client interests and ensuring financial stability.
  • By adhering to BNY's principles of integrity and accountability, the role contributes to building a resilient risk management framework.
  • Conduct comprehensive credit risk assessments by leveraging expertise in financial analysis and risk evaluation to identify potential risks and opportunities.
  • Develop and implement robust risk management strategies, ensuring alignment with regulatory requirements and organizational risk appetite.
  • Collaborate with cross-functional teams to integrate risk management practices across business units, enhancing the overall risk culture within BNY.
  • Monitor and report on credit risk exposures, using advanced analytical tools to provide actionable insights and recommendations to senior management.
  • Support the development of credit risk policies and procedures, ensuring they reflect industry best practices and regulatory standards.
  • Facilitate continuous improvement in risk management processes by staying informed of market trends and emerging risks.

To be successful in this role, we're seeking the following:
  • Bachelor's degree in finance, Economics, Business Administration, or a related field - Professional certifications in risk management or financial analysis are advantageous
  • 5-7 years of experience - Credit risk experience preferred.
  • Strong analytical and problem-solving skills with the ability to assess complex financial scenarios
  • Excellent communication and interpersonal skills to effectively collaborate with stakeholders
  • Proficiency in risk management software and financial analysis tools


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.

Similar Jobs

More Jobs at BNY Mellon

More Finance & Insurance Jobs

Find similar Vice President, Credit Risk (Intraday Risk) jobs: