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Vice President, Credit Advisory I
$157k-230k (estimate)
Full Time 2 Months Ago
Save

BNYM External Career Site is Hiring a Vice President, Credit Advisory I Near New York, NY

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 over 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. 

As a leading wealth manager, BNY Mellon Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices — Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies — they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations. 

We’re seeking a future team member for the role of Vice President, Credit Advisory I to join our Wealth Management team. This role is located in New York, NY.

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

  • Responsible for originating, negotiating, underwriting, closing and monitoring of small, moderately complex Private Banking loans. 
  • Recommends risk ratings.
  • Responsible for all Private Banking Lending loan components including origination, underwriting and closing for minimally complex loans. 
  • Monitors and manages existing loan portfolios, including loan reviews and site visits. 
  • Works with more senior Credit Advisors and Private Bankers to develop client and prospect loan opportunities. 
  • Assists with marketing and client presentation information materials. 
  • Works with General Counsel on loan documentation.
  • Solves unusual problems that are low risk in nature within the context of established policies and procedures. 
  • Provides guidance to more junior staff. 
  • Identifies cross-sell opportunities for bank products and services. 
  • Works with Private Bankers and senior Credit Advisors. 
  • Generates new business opportunities for the bank such as new loans and related fees. No direct reports. 
  • May provide guidance to more junior staff. 
  • Contributes to the achievement of area objectives.

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.
  • 5-7 years of total work experience preferred; experience in private bank lending or commercial banking preferred.

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 
  • Bloomberg’s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score 
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP’s Climate Change ‘A List’

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 assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $73,100 and $126,000 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 BNYM 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 salary (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.

Job Summary

JOB TYPE

Full Time

SALARY

$157k-230k (estimate)

POST DATE

03/15/2024

EXPIRATION DATE

06/11/2024

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