Credit Underwriter III
The incumbent is responsible for the analysis, underwriting, and structuring secured credit requests as a member of the Private Banking Secured Lending Division.The role requires understanding the elements needed for a credit transaction and to ensure compliance with Risk approval and policies, internal legal guidelines, and all government regulations and guidelines. A thorough understanding of credit and risks related to credit facilities, particularly those secured by marketable collateral is essential, along with analysis of operating entities and complex borrower structures, including covenants and customized structures and/or documentation issues, as well as other related credit products such global markets products. Transactions supported by the Lending Division can range from $500,000 to over $100 million, and this position focuses on the higher end of the range, and the most complex, and highest profile requests.The incumbent interfaces with the business development officers in 6 regions throughout the U.S., Loan Administration, Treasury Shared Service areas, other areas such as Portfolio Management and Letters of Credit. Position may involve participation in projects, and training of both staff and non-staff members.The position requires working closely with the Private Bankers, Risk and internal legal counsel. S/He may also interface directly with external clients, and/or client intermediaries (advisors, accountants, legal counsel, etc.) to assist in the structuring, underwriting, or closing of a credit facility. The incumbent may also have credit approval authority. Qualifications
A BA/BS degree in accounting or finance, with a minimum of 7 years of experience in the financial industry is required, along with an MBA and/or formal credit training. Experience in private banking lending and/or underwriting, or lending small to middle market business markets is also required. In addition, necessary skills include: strong written and verbal communication skills, and the ability to assess, articulate, and translate credit requests as they related to the documentation and administration of a loan portfolio. Proficient PC skills and the ability to learn and use various internal systems are critical. 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. Primary Location:
United States-Pennsylvania-Pittsburgh Internal Jobcode:
Wealth Management Organization:
WM Private Banking-HR14968 Requisition Number: