Vice President, Alternative Funds Lending

BNY Mellon; New York (NY); Hybrid; USD 81,000 - 160,000; Full time

Job summary

An established industry player is seeking a Vice President for their Credit Services team in New York. This hybrid role involves evaluating loan commitments, providing deal structuring input, and managing client relationships. The ideal candidate will possess a strong background in finance, with 7-10 years of relevant experience, particularly in Capital Call and Structured Finance. Join a forward-thinking company that values innovation and inclusivity, offering competitive compensation and a supportive work environment where your contributions can make a significant impact.

Benefits

Flexible global resources

Generous paid leaves

Paid volunteer time

Qualifications

• 7-10 years of experience in Capital Call and Structured Finance.
• Excellent skills in credit analysis and financial modelling.

Responsibilities

• Evaluate loan commitments primarily to unregulated Funds.
• Draft terms sheets and review credit documentation.

Skills

Credit Analysis

Financial Modelling

Risk Analysis

Negotiation Skills

Analytical Thinking

Education

Bachelor's Degree in Finance

MBA

Job description

Vice President, Alternative Funds Lending

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 to join our Credit Services team. This role is located in New York, NY - HYBRID.

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

• Participates in and evaluates loan commitments primarily to unregulated Funds managed by Financial Sponsors. Lending commitments include both Capital Call (Subscription Finance) Facilities, as well as NAV Facilities with direct recourse to Fund portfolios.


• Provides deal structuring input. Drafts terms sheets and reviews credit documentation.


• Monitors existing credit portfolios, including investor exposure concentrations, loan reviews.


• Works with clients and relationship leads to understand and assess credit needs; generates new business opportunities for the bank such as new loans.


• Manages existing and new accounts and client relationships and provides thoughtful credit solutions based on research.
  
  

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.


• 7-10 years of total work experience, preferably related to Capital Call, NAV, Structured Finance; experience in risk analysis.


• Excellent credit analysis and financial modelling skills.


• Experience in reviewing, analyzing and negotiating credit documentation.


• 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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $81,000 and $160,000 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 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.