Reference #: 56222 Associate, Credit Risk 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 #LifeAtBNY is all about. We're seeking a future team member for the role of Associate, Credit Risk to join our Asset Recovery team. This role is located in Pittsburgh, PA in a Hybrid work environment. About the team: Support the Asset Recovery Division in credit risk accounting and reporting for BNY and other Legal Entities of the Corporation (collectively, the "Bank") related to deteriorating, criticized and classified assets of the Bank. With moderate guidance, assists with risk management efforts for the assigned credit risk focus, such as Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, or Credit Administration. Helps with the development of documentation and reporting. Helps to improve each team's adherence to the risk management strategy of the assigned credit risk discipline. Interact with portfolio managers, as needed. Operational Credit Risk: With moderate guidance, assists with the completion of numerous credit processing and assessment activities, including credit analysis, underwriting, borrower re-rating and transaction review. In this role, you'll make an impact in the following ways: Performs due diligence on delinquent loans and follows up with Bankers and Lenders Reviews asset recovery risk classifications for deteriorating credits to ensure compliance with policies and procedures. Assignments will contribute to the implementation of new or revised reporting, credit risk and accounting process policies, procedures and reporting templates in order to provide effective financial planning, accounting and reporting of financial information. Responsible for the accuracy, timeliness and completeness of documentation and reporting completed by other Bank professionals and managers. Special projects as directed by Asset Recovery management. Serves as backup Collector of delinquent loans including verbal and written communications with Bank borrowers. Develop experience with internal accounting and credit systems, and external servicer systems. May be involved in analyzing and preparing ad hoc and standard reporting for delinquent loan portfolios. Reviews real estate appraisals for commercial and residential properties as directed. Check appraisal policies and procedures for consistency with the Bank's risk appetite and for compliance with various standard regulatory requirements. Under direct supervision, contributes to analyses of existing and proposed legislation, regulatory announcements and industry practices that are applicable to the assigned credit risk discipline. Reviews work with more senior professionals. Assists with the assessments of the effectiveness of current Credit Analysis & Approval/Portfolio Management, Operational Credit Risk, Country Risk or Credit Administration risk identification and mitigation projects.

To be successful in this role, we're seeking the following: Bachelor's degree or related technical discipline, or the equivalent combination of education and experience is required. 2-5 years of total work experience preferred. Prior experience/background in credit risk preferred: Credit Analysis, Loan Portfolio Analysis or Management, Loan Collections Formal Credit or Collection training or experience is preferred Ability to assist with the management of diverse lending, operating products, a tendant risk, foreclosure, bankruptcy and/or OREO assets. Experience with borrower rating systems and tracking methodologies, and basic knowledge of fiscal and financial condition indicators. Credit Administration: Experience as an underwriter and familiarity with credit administration systems typically used by financial institutions.

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, 2023-2024 Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024 "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 Mellon assesses market data to ensure a competitive compensation package for our employees. Base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM 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.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.