Senior Vice President, Credit Risk Review

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Senior Vice President for the Credit Risk Review team to provide independent assurance on the quality of credit exposures and adherence to risk policies, while leading comprehensive credit risk reviews and ensuring compliance with regulatory guidelines.

Responsibilities:

• Help deliver CRR’s mandate. As an independent assurance function within our 2nd Line of Defense, Credit Risk Review (CRR) provides assessment and assurance on the quality of BNY’s credit exposures, quality of credit evaluation and approval, accuracy of credit ratings, and the degree of adherence to BNY’s credit risk policies, standards, procedures and risk appetite
• Help exercise CRR’s authority. CRR holds override authority on Credit decisions including risk ratings, and the authority to raise issues and track their remediation to completion. CRR also provides assurance to external examiners and regulatory authorities whether our credit assessment process complies with regulatory guidelines
• Lead and participate in comprehensive credit risk reviews of various lending portfolios to provide an independent assessment of the Bank’s quality of credit exposure and the degree of adherence to risk policies, procedures and guidelines
• Perform detailed independent credit analysis which includes financial statement analysis, ratio analysis and cash flow analysis on the borrowers within the lending portfolio under review
• Ensure that individual credits are appropriately underwritten, properly risk rated and adhere to the Company’s risk policy
• Ensure an appropriate assessment of credit risk through early identification of issues, problems and exceptions regarding credit, as well as industry and geographic risk assessments to support early detection of credit and/or portfolio deterioration
• Lead or participate in opening meetings, closing meetings and communicates any issues to the Head of Credit Risk Review, senior management and the credit risk team of the lending portfolio under review
• Keep current with federal and state regulations/guidelines pertaining to the lending function that may impact the Company’s lending portfolio
• Participates in CRR continuous monitoring, regulatory requests and other independent third- party requests, any other projects assigned by CRR management
• Demonstrate leadership through project management and execution, analytical sharpness and intellectual curiosity, training of less experienced peers