Senior Associate, Credit Advisory Underwriting
Apply NowCompany: The Bank of New York Mellon Corporation
Location: Pittsburgh, PA 15237
Description:
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.
As a leading wealth manager, BNY Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices - Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies - they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations.
We're seeking future team member for our Senior Associate, Credit Advisory Underwriting role located in Pittsburgh, PA. Hybrid work available.
In this role, you'll make an impact in the following ways:
To be successful in this role, we're seeking the following:
At BNY, our culture speaks for itself. Here's a few of our awards:
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. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
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.
As a leading wealth manager, BNY Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices - Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies - they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations.
We're seeking future team member for our Senior Associate, Credit Advisory Underwriting role located in Pittsburgh, PA. Hybrid work available.
In this role, you'll make an impact in the following ways:
- Analyze Investment Credit Line underwriting requests. Ensuring compliance with Risk Policy guidelines, identifying and mitigating risks, prepares and submits larger, more complex credit write-ups for approval.
- Evaluates general credit worthiness of borrowers by analyzing personal and corporate financial statements and balance sheets, credit reports, asset statements. Supports managers in gathering and providing data during audits.
- Prepare loan write-ups for approval that address borrowers' strengths and weaknesses. Write-ups may include credit memos, corporate excel spreadsheets, and other relevant information. Make well-supported credit recommendations. Distributes work to support level staff and ensures high quality of work.
- Interact closely with sales staff in discussing loan structure and credit worthiness of prospective applicants.
- Responsible for maintaining compliance protocols regarding documentation content and storage. Distributes work amongst the support staff and seeks to improve processes and controls.
- Manages relationships with internal clients as well as 3rd party vendors to ensure support of document custody goals.
- Ensures that that controls are in place for review of documents submitted by internal and external clients and that storage systems (collateral and documentation) are up to date.
- May be responsible for allocating and checking work of other team members. May be responsible for specific supervisory review and approval actions.
- Contributes to the achievement of related teams' 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.
- Attention to detail
- Comfortable working in a fast paced environment, quick turnarounds
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. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.