Impress employers and recruiters.
Choose from hundreds of resume examples.

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

BNY is seeking a Senior Counterparty Credit Risk professional with experience covering Alternative Asset Managers and Regulated Funds. This role requires strong judgment in counterparty credit risk and familiarity with industry-specific risks associated with alternative asset managers.

Responsibilities

• Manage counterparty credit risk across a portfolio of traditional and alternative asset management clients.
• Responsible for 2LoD credit underwriting processes and ongoing portfolio management.
• Assess and recommend counterparty risk appetite and limits, including fund financing lines and subscription/capital call facilities.
• Review, approve, and monitor exposures arising from capital markets and lending products.
• Participate and lead periodic portfolio reviews, including stress analysis and scenario-based assessment of market, liquidity, and concentration risks.
• Identify emerging risks, deteriorating trends, and exceptions to risk appetite; escalate issues clearly and promptly.
• Partner with front office, legal, documentation, and other risk stakeholders on transaction review, client onboarding, and legal negotiation.
• Drive consistency in underwriting standards and monitoring processes.
• Recommend and lead initiatives that improve processes and increase the firm’s ability to accurately and quickly identify emerging risk issues.
• Experience building and maintaining risk frameworks and processes, collaborating with business and corporate function partners, and supporting other staff to ensure accurate, timely implementation and consistent practices.
• Provide guidance and review to junior team members, helping to maintain high standards of analysis, documentation, and judgment.

Requirements

• Bachelor’s degree in finance, economics, accounting, or another relevant discipline is required.
• MBA, CFA, or Series 7/63 preferred.
• 7+ years of relevant experience e.g. in related counterparty credit risk roles or comparable buy-side roles.
• The ideal candidate has experience underwriting or managing credit exposure to hedge funds, alternative investment managers, regulated funds, or similar institutional counterparties.
• Strong understanding of underlying mechanics and risks associated with various capital markets products and lending practices.
• Makes clear, well-founded decisions under pressure, and in line with the firm’s risk appetite.
• Excellent written and verbal communication skills and the ability to engage constructively with senior stakeholders across business and risk functions.
• Experience with legal and credit documentation such as ISDA, CSA, GMRA, prime brokerage agreements, and lending covenants.
• Familiarity with stress testing, exposure measurement, and market risk concepts relevant to counterparty credit risk.
• Strong data analytics and AI prompting skills; Excel, Tableau and PowerPoint skills preferred.

Skills

• Counterparty credit risk
• Alternative asset managers
• Regulated funds
• Hedge funds
• Private equity
• Private credit
• BDCs
• Pensions
• Endowments
• 40 Act Funds
• Investment advisors
• Credit analysis
• Market-sensitive exposures
• Investment strategies
• Financing structures
• Leverage
• Liquidity
• Capital markets products
• Lending practices
• ISDA
• CSA
• GMRA
• Prime brokerage agreements
• Lending covenants
• Stress testing
• Exposure measurement
• Market risk concepts
• Data analytics
• AI prompting
• Excel
• Tableau
• PowerPoint

Location

• New York City, New York

Work Type

• Full-time

Experience Level

• 7+ years

Education Level

• Bachelor's degree
• MBA
• CFA

Salary/Compensations

• Expected base salary 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.

Benefits

• Highly competitive compensation
• Benefits and wellbeing programs
• Access to flexible global resources and tools
• 401(k) plan
• Company-sponsored medical, dental, vision, and basic life insurance plans
• Various paid time off benefits, such as vacation and sick time
• Paid volunteer time

About the Company

• BNY is a leading global financial services company at the heart of the global financial system, influencing nearly 20% of the world’s investible assets.
• Teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
• Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent.
• BNY Newsroom: https://www.bny.com/corporate/global/en/about-us/newsroom.html
• BNY LinkedIn: https://www.linkedin.com/company/bnyglobal/posts/?feedView=all
• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

Equal Opportunity

• BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.