Associate, Credit Risk II

Associate, Credit Risk II

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 tocreate 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 Associate, Credit Risk IIto join our Credit Riskteam. This role is located in Pune, MH - Hybrid.

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

• Analyzing, preparing and/or reviewing financial analyses for credit approval by Credit Risk (Second Line of Defense) in response to credit requests from First Line of Defense for a diverse array of public finance and not-for-profit borrowers/counterparties on transactions such as direct lending, securities financing, and foreign exchange / OTC derivatives. Sectors include U.S. state& local governments and agencies, endowments and foundations, colleges & universities, and cultural & religious organizations.
• Collaborating with internal business partners and First Line of Defense to evaluate purpose of financing, sources of repayment, and quality of collateral (if any) and other terms and conditions of each transaction.
• Evaluating and monitoring sectoral trends and creditworthiness of assigned borrowers, making recommendations on internal borrower risk ratings based on the review of annual and interim financial statements, collateral valuation reports, rating agency reports, etc.
• Supporting the identification of existing and emerging risks applicable to the Public Finance / Not-for-Profit loan portfolio assisting with Credit Risk's risk management and regulatory reporting efforts in the development of loan portfolio data documentation and reporting, and utilization of in-house AI capabilities.
• Maintain BNY internal control standards. Understand and comply with all relevant policies, guidelines, procedures, and applicable regulatory requirement as issued by the organization.

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

• Bachelor's degree in business, Economics, Finance or related technical discipline, or the equivalent combination of education and work experience is required.
• Minimum 4-6 years of total work experience required. Rating agency or municipal buy/sell side experience a plus.
• Excellent communication (verbal and written) skills.
• Strong analytical skills
• Experience reviewing and knowledge of official statements, audited financial statements, and industry standard documents e.g., ISDA Master Agreement, CSA
• Ability to complete deliverables with minimal or no supervision.
• Knowledge and ability to assess credit products, credit terms & conditions and credit documentation, including financial covenants, security, and collateral.
• Experience in using market data tools and external resources like S&P Capital IQ, SNL, Bloomberg, Moody's, and Credit Sights.

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
• , 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.