Address53012 - Associate, Credit Risk I
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
With 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We’re seeking a future team member for the role of Associate – Credit Risk I to join our First Line Credit – FX. This role is located in Pune - HYBRID Mode.
Team Overview: First line Credit team is responsible for assessments and proposal submission for Borrower rating and Credit underwriting proposals as per FED regulations. Team handles various types of entities from Global region. Responsible to track and maintain the Risk associated with activities as per the policy.
Shift Timings: 12:00pm to 8:30pm
In this role, you’ll make an impact in the following ways:
• Credit Analysis of various industry, sectors and counter party credit portfolios and credit portfolio quality. May interact with portfolio managers, as directed. Trained to underwrite credit transactions and manage credit relationships.
• Operational Credit Risk: With direct guidance, assists with the completion of numerous credit processing and assessment activities, including credit analysis, underwriting, borrower re-rating and transaction review for Market Risk & Intraday Credit Risk.
• Performance assessments and Review by NAV acquisition / Financial reports.
• Credit Administration: With direct guidance, assists with credit reviews or credit submissions and other related administrative activities and operations for the various credit portfolios. Assist with the preparation of credit proposals, gathering documentation and financial spreads. Audits credit proposals and confirms proposals are in compliance with policies. Training on credit systems, such as the credit borrower rating system and credit approval system. May be involved in analyzing and preparing adhoc and standard reporting for the Credit Risk portfolios.
• Contributes to the achievement of Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration team objectives. Modified based upon local regulations/requirements.
• Assess the risk/reward of the existing portfolio and of new business opportunities. Ideal candidate would have experience in Prime Brokerage risk, Repo risk or other client facing risk functions.
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 work experience in Capital Markets or Risk Domain preferred.
• Strong knowledge of financial products and an understanding of the associated risk drivers.
• Skilled at innovation and automations.
• Knowledge of Counterparty Credit Risk, Market Risk, Liquidity Risk is must. Should have good understanding of all Markets products including Hedge Funds.
At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:
- Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion, 2023
- Bloomberg’s Gender Equality Index (GEI), 2023
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023
- Human Rights Campaign Foundation, Corporate Equality Index, 2023
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023
- Forbes Blockchain 50, 2023
Our Benefits:
BNY Mellon 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 that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY Mellon 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.
