Senior Associate, Credit
 BNY Mellon | |
 United States, New York, New York | |
 Aug 19, 2025 | |
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SENIOR ASSOCIATE, CREDIT 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 and champions of inclusion, 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, Credit to join our Chief Investment Office (CIO) team. This is an excellent opportunity for someone early in their career to develop credit analysis skills and gain hands-on exposure to institutional portfolio and bank balance sheet management. This is for you if you are interested in building a career in fixed income and macro research within a collaborative and dynamic investment environment. This role is located in New York, NY. In this role, you'll make an impact in the following ways:
Key Responsibilities: * Conduct fundamental credit analysis on SSAs (supranational, sub-sovereign and agency) and bank bond issuers * Assist in preparing and updating credit reports, issuer summaries, and internal ratings * Monitor credit developments, earnings releases, rating agency actions, and macroeconomic news; flag emerging risks or opportunities * Support macroeconomic and thematic research, including interest rate trends, monetary policy developments, and geopolitical events * Participate in investment team meetings and contribute to credit discussions and relative value ideas * Assist in the onboarding and credit assessment of new issuers or instruments considered for investment * Coordinate with risk management and compliance teams to ensure internal policies and regulatory guidelines are met * Help track portfolio compliance with credit policy limits and concentration guidelines * Assist senior team members with ad hoc analyses * Liaise with external research providers and ratings agencies to supplement internal views * Contribute to ongoing process improvement initiatives around data aggregation and workflow automation, actively embracing AI as a key tool * Opportunities to learn and support the broader CIO team in key initiatives, projects and deliverables To be successful in this role, we're seeking the following: * Bachelor's degree in Finance, Economics, Business, Accounting or a related field * 2-4 years of experience in a related role * Strong understanding of financial statements and macroeconomic indicators. * Basic knowledge of bond markets, credit ratings, and sovereign/bank credit fundamentals * Excellent analytical, writing, and communication skills * Proficiency in Excel and PowerPoint; experience with Bloomberg is an advantage * Detail-oriented, organized, and able to manage multiple tasks in a fast-paced environment * Curiosity, willingness to learn, and a strong interest in financial markets and credit analysis * Demonstrated ability to synthesize quantitative and qualitative information into clear, concise write-ups * Team-oriented mindset and a willingness to learn from senior colleagues Core Competencies: * Analytical Rigor: Ability to dig into complex data sets and identify key drivers of credit risk * Intellectual Curiosity: Proactively research industries, issuers, and macroeconomic drivers * Collaboration: Work effectively within a small, high-performing CIO team and across functions (trading, risk, operations) * Integrity & Judgment: Uphold BNY's standards for ethical decision-making and risk management * Adaptability: Thrive in a fast-paced environment that balances recurring reporting with ad hoc requests 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:
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 $120,000 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. | |