Director, Credit Risk Review

We’re seeking a future team member for the role of Director, Credit Risk Review to join our Model Risk team. This role is located in New York City, New York. 

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

• Lead the development and execution of a risk‑based annual Credit Risk Review plan covering key portfolios, products, and counterparties, by applying deep credit, regulatory, and market knowledge to identify areas of heightened risk and strategic importance.
• Oversee and direct end‑to‑end review engagements (planning, methodology, fieldwork, issue identification, and reporting), by ensuring robust testing of credit risk identification, measurement, monitoring, and control processes, and by challenging the effectiveness and design of first- and second-line frameworks.
• Provide independent, candid, and well‑substantiated conclusions and thematic insights to senior management, risk committees, and other governance forums, by synthesizing complex review results into clear, decision‑useful commentary and recommendations.
• Drive high standards of methodology, documentation quality, and review discipline across the Credit Risk Review team, by establishing and monitoring adherence to policies, procedures, and quality assurance expectations.
• Manage, develop, and coach a team of credit risk review professionals, by setting clear performance expectations, providing technical and behavioral feedback, and fostering a culture of challenge, continuous improvement, and alignment with BNY’s principles.
• Partner constructively with Risk, Business, Audit, and Compliance stakeholders while preserving independence, by engaging in regular dialogue on emerging risks, tracking remediation of issues, and influencing sustainable enhancements to the credit risk control environment.

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

• Bachelor’s degree or equivalent in Finance, Economics, Accounting, Business, or a related quantitative/analytical field.
• Advanced degree (e.g., MBA, MS in Finance/Risk) and/or relevant professional certifications (e.g., FRM, PRM, CFA, CRC) preferred.
• 12-15 years of experience.
• Credit Officer experience with material individual approval authority in large systemically important banks is preferred.
• Advanced credit risk expertise, including complex counterparty/portfolio analysis, risk frameworks, and regulatory expectations, with the ability to translate this into effective independent review and challenge.
• Advanced credit risk assessment and approval experience in and technical understanding of counterparty credit risk and financial institutions, including hedge funds, private equity and private credit funds, asset managers is required. Expertise in commercial real estate, general corporate credit or securitizations is a plus.
• Strong leadership and stakeholder management capabilities, including leading review teams, influencing senior executives, and managing conflict while maintaining independence of judgment.
• Excellent analytical, written, and verbal communication skills, with the ability to synthesize complex findings into concise, actionable insights and to set and maintain high standards of review methodology and documentation quality.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 Here’s a few of our recent awards:

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

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 expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. 

Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.