The incumbent is responsible for the analysis, underwriting, and structuring secured credit requests as a member of the Private Banking Secured Lending Division.The role requires understanding the elements needed for a credit transaction and to ensure compliance with Risk approval and policies, internal legal guidelines, and all government regulations and guidelines. A thorough understanding of credit and risks related to credit facilities, particularly those secured by marketable collateral is essential, along with analysis of entities and borrower structures. Transactions supported by the Lending Division can range from $500,000 to over $100 million, and this position typically focuses on a wide array of credit requests, but generally handles the transactions that are more challenging. Alos, unlike the Lender I, the Lender II should have experience in credit underwriting or lending, with exposure to global markets products a plus.The position requires working closely with the Private Bankers, Risk and internal legal counsel. S/He may also interface directly with external clients, and/or client intermediaries (advisors, accountants, legal counsel, etc.) to assist in the structuring, underwriting, or closing of a loan.The incumbent interfaces with the business development officers in 6 regions throughout the U.S., Loan Administration, Treasury Shared Service areas, other areas such as Portfolio Management and Letters of Credit.
Qualifications A BA/BS degree in accounting or finance with minimum of 5 years of experience in the financial industry, with knowledge of credit and lending is required, preferably in private banking or business banking. MBA and formal credit training is a plus. Also required are strong written and verbal communication skills, and the ability to assess, articulate, and translate credit requests as they related to the documentation and administration of a loan portfolio. Proficient PC skills and the ability to learn and use various internal systems are critical.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.