BNY Mellon

As a leading wealth manager, BNY 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 Director, Credit Advisory Underwriting and Head of Securities Based Lending to join our Wealth Management Private Banking team.. Leading the operational activities and resources for the underwriting and collateral management related to Wealth Management lending activity.. Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024

wealth management

Overview Director, Credit Advisory Underwriting, Wealth Management 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. As a leading wealth manager, BNY 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 Director, Credit Advisory Underwriting and Head of Securities Based Lending to join our Wealth Management Private Banking team. The position is based in Pittsburgh, PA (Hybrid). The person leading this team is someone looking towards the future, a visionary, able to incorporate the latest industry innovations in technology and client experience. In this role, you'll make an impact in the following ways: <ul> <li>Leading projects related to our securities based lending inclusive of technology, regulatory reporting and credit policy. </li> <li>Managing credit analysis effectively to determine client risk profile, underwriting and approval of loans.</li> <li>Leading and developing the team responsible for executing Private Banking Underwriting, for loans secured by marketable securities.</li> <li>Leading the operational activities and resources for the underwriting and collateral management related to Wealth Management lending activity. </li> <li>Setting strategic priorities and aligning resources with business objectives and annual plan.</li> <li>Leading key initiatives for the team, ensuring the team achieves business goals and maintains high standards of client satisfaction.</li> <li>Reviewing credit analysis to identify future changes/trends in the credit quality of portfolio clients.</li> <li>Developing recommendations for changes in target exposure and deploying strategies to enact needed changes.</li> <li>While being client obsessed it is also important that you can balance the need to do the right thing for our clients with the risk appetite of the bank.</li> </ul> To be successful in this role, we're seeking the following: <ul> <li>Bachelor's degree in finance or the equivalent combination of education and experience is required. </li> <li>12+ years of total work experience with 5+ years of team management experience preferred. </li> <li>Relevant Private Bank/HNW lending experience, preferable with some exposure to securities based lending solutions to HNW individuals, RIAs and Broker Dealers.</li> <li>Extensive experience in credit analysis required, with exposure to high net worth lending solutions and products.</li> <li>Exposure to high risk and high revenue generating credit products.</li> <li>A track record of successfully building and leading teams.</li> </ul> At BNY, our culture speaks for itself. Here's a few of our awards: <ul> <li>America's Most Innovative Companies, Fortune, 2024</li> <li>World's Most Admired Companies, Fortune 2024</li> <li>Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024</li> <li>Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024</li> <li>"Most Just Companies", Just Capital and CNBC, 2024</li> <li>Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024</li> <li>Bloomberg's Gender Equality Index (GEI), 2023</li> </ul> Our Benefits: 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 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 $128,200 and $237,200 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. Employer Description: For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers. EEO Statement: BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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