Senior Director, Alternative Funds Lending Manager

Description

Senior Director, Alternative Funds Lending Manager

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 #LifeAtBNY is all about.

We’re seeking a future team member for the role of Senior Director 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: 

• Collaborate with internal and external stakeholders to drive Fund Finance portfolio growth (Capital Call, BDC Lending, Management Companies’ financings and other). Lead origination and structuring of credit facilities for top Sponsor relationships of BNY. 
• Lead strategic vision for fund finance portfolio growth and new product initiatives. Present portfolio reviews to Executive Committee members including CFO and CRO.
• Responsible for setting fund finance portfolio governance, such as consistent legal due diligence and LP monitoring framework, review and refinement of transaction underwriting guidelines. Review the appropriateness of potential portfolio risk mitigation strategies. 
• Provide sector content and insights on the industry and trends that may translate into business opportunities, identify product gaps and solutions to fill them. 
• Manage a team of fund finance bankers.
   

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

• Bachelor’s degree in Finance or the equivalent combination of education and experience is required. MBA is preferred. 
• 15+ years of total work experience, preferably related to Capital Call, NAV, Structured Finance; experience in risk analysis. 
• Excellent credit analysis and financial modelling skills; experience in reviewing, analyzing and negotiating credit documentation. 
• Ability to communicate skillfully and effectively with involved stakeholders. 
• Ability to lead, inspire and motivate a team.

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

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

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 $136,500 and $300,000 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.