SBIC Investment 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 Vice President to join our SBIC Investments team. This role is located in New York City, NY - HYBRID.

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

• Oversee and manage BNYM’s existing portfolio of investments in SBIC Funds. Ensure compliance with investment guidelines and principles
• Responsible for pipeline of new investment opportunities in SBIC Funds and full due diligence cycle. Contribute to and enhance existing due diligence process for new SBIC investments
• Review funds formation/investment documents and negotiate side letters for newly approved investments as required 
• Responsible for general portfolio oversight of SBIC investments, preparation of portfolio reviews, tracking of investments performance
• Maintain and develop relationships with Fund Sponsors and banking peers. Represent BNY Mellon at industry trade conferences and limited partner advisory/board meetings
• Keep up to date with SBIC investment market and relevant regulations
• Assist in mentoring and development of junior team members

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

• Bachelor’s degree or the equivalent combination of education and experience is required. MBA and/or CFA preferred 
• 10 years of total work experience preferred and over 8 years of investment experience with lower middle market mezzanine and buyout funds is preferred 
• Knowledge of related regulations including (but not limited to) CRA, Volcker Rule, familiarity with SBA program is a plus
• Strong analytical and financial modeling skills
• Strong knowledge of lower middle market markets, willingness to expand knowledge where needed
• Excellent communication skills. Track record of building and sustaining business/client relationships
• Experience in coaching and developing team members

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 Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $100,000 and $200,000 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 BNYM 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.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.