Credit Risk Specialist, Funds & Alternatives

BNY Mellon; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

BNY Mellon is seeking a Specialist for the Credit Risk team focusing on Funds and Alternative Managers in Pittsburgh, PA. You will perform credit due diligence on Regulated Funds, Hedge Funds, and Private Equity Funds, and analyze client financials to assess risk.

You will establish and monitor credit limits, participate in credit agreement negotiations, monitor exposures, challenge proposals, and help prepare portfolio presentations; collaboration across teams is essential.

Qualifications

• Bachelor's degree in finance or related fields.
• 2-4 years of experience in credit supporting Regulated and Unregulated funds
• Ability to analyze financial statements
• Demonstrated understanding of financial markets globally
• Strong understanding of AI concepts and ability to apply AI to the job function
• Ability to collaborate across teams

Responsibilities

• Performing credit due diligence on Regulated Funds, Hedge Funds, Private Equity Funds
• Analyzing financial performance of clients and assessing the entity's risk profile
• Establishing and monitoring credit limits including Repo, FX and OTC Derivatives, and Direct Lending
• Participating in the negotiation of credit agreements
• Performing ongoing monitoring of clients' financial performance and exposures to BNY
• Reviewing and challenging business proposals
• Assisting in the preparation of portfolio presentations

Skills

Financial statement analysis

Collaboration across teams

AI concepts application

Global financial markets understanding

Education

Bachelor's degree in finance or related fields

Job description

BNY Mellon is seeking a Specialist for the Credit Risk team focusing on Funds and Alternative Managers in Pittsburgh, PA. You will perform credit due diligence on Regulated Funds, Hedge Funds, and Private Equity Funds, and analyze client financials to assess risk.

You will establish and monitor credit limits, participate in credit agreement negotiations, monitor exposures, challenge proposals, and help prepare portfolio presentations; collaboration across teams is essential.