Senior Associate, Credit

SENIOR ASSOCIATE, CREDIT 

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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: 

• The opportunity to gain hands-on experience in credit analysis of fixed income bond issuers, including sovereigns, supranationals and financial institutions. 
• Contribute to the assessment of credit risk, the monitoring of issuer fundamentals, and the development of internal views on markets and sectors. 
• Will support broader macroeconomic and market analysis to inform investment strategy and risk decisions.
• Partner closely with portfolio managers, senior credit analysts, and portfolio strategy to help ensure that BNY’s securities holdings meet our rigorous risk, return, and compliance standards. 

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
 

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