Market Risk Credit Underwriter (SR-904525)

  • Company

    BNY Mellon
  • Location

    Pittsburgh, PA
  • Compensation

    000000
  • Position Type

    Permanent
  • Employment type

    Full time
  • Updated

    10 Nov 2009
  • eFC Ref no

    584016
Provide credit expertise to evaluate risk of money market fund holdings across Asset Management and Asset Servicing businesses managed by BNY Mellon.

High level assessment of names on centrally managed approved lists utilized the fund complex in BNY Mellon.  Develop Sector views to influence over or underweight recommendations relative to financial and or corporate holdings to include assessment of sovereign risk for banks. Knowledge of structured securities would also be required.  Working closely with Sector Manager and Group Head to formulate recommendations to present to Executive Risk Managers and LOB managers concerning sales of higher risk or under performing securities. 

Position is required to provide succinct analysis that is compelling to influence investment strategies of four different businesses that have similar but potentially different investment styles and requirements. Interface with executive management for both Risk Management and Lines of Business requires mature and succinct rendering of issues.  Position will require highly motivated individuals who are up to managing a high volume of information and possess the ability to quickly evaluate news flow and market events.  Close work with market risk side of the group and credit research group for the investment boutiques is necessary.  Considerable interface with subject experts issuers, rating agencies, credit research analysts outside BNY Mellon to stay constantly informed is a key element. 

Responsibilities include creation of policies and procedures, reporting to Executive Management and regulators on portfolios to highlight performance, risk elements, price movements and other market metrics, participation in credit committees for different sectors.  Regular meetings with issuers, rating agencies and personal attendance at industry conferences will be required.  High-level of expertise and knowledge of global banks, corporate, and other types of investments held by 2a7 complex. Understanding of competitive landscape and investment goals for different sectors.  Knowledge of sophisticated financial investments to include knowledge of legal and regulatory issues in international markets. 

Strong presentation and negotiating skills are a must.  Ability to interface with executive management and regulators.  BA or BS Degree is required.  An MBA or CFA is preferred. 7-10 years experience is required - preferably in credit underwriting or related fields. 

  • Company:

    BNY Mellon

  • Recruiter Ref:

    904525

  • Note: Please quote eFC Ref: 584016 when applying for this job.

  • 4000000000571325
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