BNY · 10 hours ago
Head of First Line Credit
New York, NY
Full-time
Onsite
Director/Executive
$127K/yr - $273K/yr
10+ years expBNY 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
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
Flexible global resources and tools for your life’s journey
Generous paid leaves, including paid volunteer time
Company
BNY
For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Brian A. Ruane
CEO Government Securities Services & Global Client Management
Chris Kearns
CEO, Depositary Receipts
Recent News
PR Newswire
2024-11-01
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