Associate, Credit Advisory Underwriting I

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 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 future team member for our Associate, Credit Advisory Underwriting I role located in Pittsburgh, PA. Hybrid work available.

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

• Responsible for underwriting Investment Credit Lines. Generally focused on timely completion, while also ensuring compliance with Risk Policy guidelines, identifying and mitigating risks.
• Responsible for collateral monitoring and tracking; approval of collateral releases; setting up collateral accounts.
• Responsible for tracking collateral securing loans, including setting up accounts, following up on collateral changes, and releasing collateral.
• Works with support staff to ensure that all documents collected are complete and accurate, and proper compliance measures are followed regarding the contents and storage of the documents. Assists with distributing work to support and process improvement.
• Work with internal parties for the completion of underwriting and collateral related functions.
• Prepare necessary reports for underwriting team, ensuring data accuracy.
• Builds and maintains effective working relationships with internal clients as well as 3rd party vendors to remove barriers to successful document custody implementation.
• May be responsible for allocating and checking work of support team members. May be responsible for specific supervisory review and approval actions.
• Timely completion of all assigned compliance tasks is required.

To be successful in this role, we're seeking the following:

• Bachelor's degree or the equivalent combination of education and experience is required.
• 1-3years of total work experience preferred.
• Attention to detail
• Comfortable working in a fast paced environment, quick turnarounds

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,
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score,
• "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. 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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $52,000 and $90,000 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.