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BNY Mellon3 weeks ago

Director, Credit Services

On-site · New York City, New York, United States

Type
Full Time
Level
Senior Level
Education
Bachelors Degree
Company size
Enterprise
Industry
Financial Services

Job Summary

Lead due diligence reviews for Wealth Management clients and broker-dealers, from initial assessment through approval and periodic refresh; provide subject-matter leadership on financing risk and Prime Brokerage risk topics, including evaluation of client activity, exposures, and risk appetite alignment; perform and oversee portfolio-based analyses (sample portfolios, portfolio analytics, stress outcomes, concentration reviews) to support underwriting and risk decisions; partner with 2nd Line, Quants and Engineering to improve and modernize the risk management framework (e.g., margin methodologies, stress testing approaches, monitoring and escalation controls); communicate findings and recommendations clearly to senior stakeholders and forums; influence outcomes through crisp, well-supported narratives.

Required Qualifications

  • Prime Brokerage experience (required)
  • Strong analytical skillset with hands-on ability to evaluate portfolios and interpret portfolio analytics and stress results
  • Experience leading due diligence / underwriting work for Wealth Management clients and/or broker-dealers
  • Experience working closely with quantitative and engineering teams to deliver enhancements to risk analytics, monitoring, margining, or stress testing frameworks
  • Familiarity with governance processes and escalation mechanisms in a First Line Risk/Credit environment
  • AI proficiency - demonstrated ability to use AI tools to improve productivity and decision support (analysis, summarization, workflow acceleration)
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BNY Mellon

Director, Credit Services

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