Senior Associate, Credit Advisory

Senior Associate, Credit Advisory

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Senior Associate, Credit Advisory to join our Wealth Management team. This role can be based in New York, NY or Pittsburgh, PA.

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

• Conducts research and analysis to support lenders and management with originating, underwriting, closing and monitoring of Private Banking loans.
• May be responsible for underwriting and closing smaller and less complex loans.
• Recommends Risk Ratings.
• Analyzes Private Banking loan opportunities and assesses risk levels in support of complex private bank loan opportunities.
• Assists lenders and management with monitoring existing loan portfolios (including pledged asset, residential and commercial real estate loans, underwriting, and with any ad-hoc research required.
• Work on special projects related to data quality and reporting functions.
• Works with Credit Advisors and Private Bankers.
• Assists with preparation of marketing and client presentation information materials.
• Solves problems of a routine nature with the context of established policies and procedures.
• May resolves problems of a more unusual nature, under the guidance of more experienced staff.
• No direct reports.  May provide guidance to more junior staff.
• Contributes to the achievement of area objectives.

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

• Bachelor’s degree or the equivalent combination of education and experience is required.
• 3-5 years of total work experience preferred.
• Experience in private bank lending or commercial banking preferred.
• Proficiency in Microsoft Office Suite of products preferred.

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

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

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

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $58,000 and $125,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. 
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.