Vice President, Credit Risk – Credit Modeler/Structured Finance for Alternative Fund Structures
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.
We're seeking a future team member for the role of Vice President, Credit Risk – Credit Modeler/Structured Finance for Alternative Fund Structures to join our Credit Risk team. This role is located in Pune, MH – HYBRID
In this role, you'll make an impact in the following ways:
Participates in and assists in evaluating loan commitments to Structured Finance Vehicles managed by Financial Sponsors. May also be required to review loans to other Alternative fund structures.
Will be responsible for modelling portfolio downside scenarios and providing and defending stress-testing assumptions.
Reviews and challenges the underwriting team's (1LOD) proposals, in particular, all modeling and stress testing analysis.
Prepare and review financial models, leads fund level financial statement and asset level analysis, cash flow analysis, etc.
Where necessary, will participate in client due diligence meetings to facilitate credit decisions and/or assists in problem resolution
Provides appropriate credit guidance to the underwriting team and collaborates in defining appropriate credit risk appetite
Will be required to contribute to the Portfolio Management Committee meetings and Portfolio Review meetings with senior management.
To be successful in this role, we're seeking the following:
Bachelor's degree in finance or the equivalent combination of education and experience is required. MBA is preferred. At least 10 years of total work experience is preferred; experience in risk analysis is essential.
At least 7 years of experience in financial industry, preferably related to Loan Finance, CLOs or Structured Finance is essential.
Excellent financial modeling skills including the ability to build financial models.
Understanding and experience in modeling credit structures for SPVs including underlying asset volatility, expected default rates and recoveries.
Credit/Portfolio Risk management experience, specifically in the Alternative Fund space.
Leverage Finance experience would be a plus
Bachelor's or Master's degree in finance or quantitative discipline
Ability to communicate skillfully and effectively with involved stakeholders
Robust analytical thinking, intellectual curiosity and attentiveness to detail
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 - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.