JobMesh

Director, Credit Risk Review

BNY · New York City, New York, US

We’re seeking a future team member for the role of Director to join our Credit Risk Review team, with a balanced focus on Corporates and some segments of Fin...

Job description

We’re seeking a future team member for the role of Director to join our Credit Risk Review team, with a balanced focus on Corporates and some segments of Financial Institutions such as funds and investment managers, insurance, and financial market utilities. This role is located in New York City. In this role, you’ll make an impact in the following ways: - 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 adequacy of and degree of adherence to BNY’s credit risk policies, standards, procedures and risk appetite. - Own and 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. - Design and own credit assessment methodologies, lead and participate in comprehensive credit risk reviews of various lend...