Vice President, Alternative Funds Lending

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Job Description

Vice President, Alternative Funds Lending

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.

We’re seeking a future team member for the role of Vice President to join our Credit Services team. This role is located in New York, NY – HYBRID.

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

• Oversee ongoing efforts to build out infrastructure for portfolio and asset management, and collateral valuation, across a book of asset backed loan commitments to Private Credit funds.
• Day-to-day monitoring of the collateral pool, borrowing requests and portfolio data.
• Participates in and evaluates loan commitments focused on asset backed loans to Private Credit funds.
• Assist with draft terms sheets and credit documentation review.
• Work with clients and agent banks on valuation and collateral pool modifications.
• Help manage existing and new accounts across the book of business.

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

At BNY, our culture speaks for itself. Here’s a few of our awards :

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 - Underrepresented racial and ethnic groups / Females / Individuals with Disabilities / Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $142,000 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.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

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