Job Description

Job Description

Vice President, Broker-Dealer Credit Risk

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Vice President to join our Credit Risk team supporting Broker-Dealers. This role is located in New York City

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

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• The BNY Loan Desk is a component of Credit Risk that manages an overnight and intraday loan portfolios to support the credit needs of various financial market participants.
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• Interact daily with many Financial Market Utilities regarding the trading activity and associated settlement/margin obligations of mutual customers 
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• Consult, review and challenge lending transactions from inception to closing. 
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• provide high quality written credit analysis of complex transactions and make presentations of these findings as appropriate or needed
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• Exercise strong credit and analytical judgment, while making decisions in a timely manner.
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• Write, prepare and/or review analyses of creditworthiness of borrowers within the financial institutions sector. 
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• Writeups cover purpose of financing, sources of repayment, and quality of collateral (if any) in response to requests for credit from Institutional Lending (first line of defense, “1LOD”) or lines of business.
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• Monitor news of assigned borrowers, which may involve recommendations on re-ratings of internal borrower credit ratings, reviewing financial statements, earnings reports, rating agency/analyst/industry reports.
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• Assisting with risk management efforts for the overall credit risk group (second line of defense, “2LOD”), such as Credit Analysis & Approval and Portfolio Management. Helping with the development of documentation and reporting as needed.
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• Work closely with senior credit relationship managers, portfolio management, 1LOD/client executives, and with analyst teams
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• Help identify existing and emerging risks that are applicable to the assigned credit risk portfolio given industry trends, economic conditions, current events, etc. 
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To be successful in this role, we’re seeking the following: 

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• Bachelor’s Degree is required. MBA or graduate degree in a business-related field is preferred. 
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• The candidate must have a minimum of 5 to 8 years’ experience in Credit risk management, or financial risk management.
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• The candidate must have strong communication skills and demonstrate a record of accomplishment and excellence in delivery.
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• Strong relationship management skills and ability to partner with a large array of constituents; ability to manage and influence change are required.
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• Ability to thrive in a fast-paced environment that demands quick thinking, problem solving, and effective relationship skills. 
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• Ability to effectively interface with customers, team members, lines of business, and senior Credit Risk management
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At BNY, our culture speaks for itself, check out the latest BNY news at:

BNY Newsroom

BNY LinkedIn 

Here’s a few of our recent awards: 

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• America’s Most Innovative Companies, Fortune, 2025
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• World’s Most Admired Companies, Fortune 2025
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• “Most Just Companies”, Just Capital and CNBC, 2025
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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 assesses market data to ensure a competitive compensation package for our employees. The base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $114,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and company- sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance and market factors.

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