Senior Associate

Senior Associate, Broker-Dealer Lending

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.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Senior Associate to join our Institutional Lending team supporting Broker-Dealers. This role is located in New York City, NY.

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

• The BNY Loan Desk is a component of Institutional Lending that manages overnight and intraday loan portfolios to support the credit needs of various financial market participants.  
• Interact daily with many Financial Market Utilities and Broker Dealer Clients regarding the trading activity and associated settlement/margin obligations of mutual customers. 
• Help manage lending transactions from inception to closing. 
• Assist in providing high quality analysis of complex transactions and making presentations of these findings as needed.
• Help the loan desk exercise lending and analytical judgment, while making decisions in a timely manner.
• Analyze purpose of financing, sources of repayment, and quality of collateral (if any) in response to requests for credit from lines of business.
• Monitor news of assigned borrowers, which may involve recommendations on re-ratings of internal borrower credit ratings, reviewing financial statements, earnings reports, rating agency/analyst/industry reports.
• Assist risk management efforts and help with the development of documentation and reporting as needed.
• Work closely with senior relationship managers, portfolio management, client executives, and analyst teams.
• Help identify existing and emerging risks that are applicable given industry trends, economic conditions, current events, etc. 
  
   

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

• Bachelor’s Degree or the equivalent combination of education and experience is required. 
• The candidate must have a minimum of 3 to 5 years’ experience in finance, commercial banking, credit risk management, or financial risk management.
• The candidate must have strong communication skills.
• The candidate must have the ability to partner with a large array of constituents; ability to manage and influence change are preferred.
• Ability to thrive in a fast-paced environment that demands quick thinking, problem solving, and effective relationship skills. 
• Ability to effectively interface with customers, team members, lines of business, and senior management.

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 base salary for this position is expected to be between $58,000 and $110,000 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 (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.