Job Description
Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
Overview The Assistant Vice President/Associate assist the VP to manage all aspects of business development for project finance, infrastructure finance, syndication, M&A finance and structured finance with a focus of growing the loan portfolio by conducting customer sessions, understanding the customers' needs, developing marketing plans, conducting credit analysis and credit portfolio management. Follow KYC /BSA /AML and all other compliance activities relating to new and legacy loans.
Responsibilities Include but not limited to:
Credit Risk Analysis
- Conduct due diligence for prospective project finance, Infrastructure finance, M&A deals that includes detailed credit analyses, financial and industry analyses, and risk assessments.
- Prepare credit recommendation reports (CRR) and work with credit risk team on transaction underwriting and due diligence process.
- Evaluate credit worthiness of customers.
- Create and send decision notifications.
- Timely preparation of documentation, acquire executed documentation from customer and review for accuracy.
- Verify that the appropriate pricing, loan terms and profitability requirements are achieved.
- Oversee the processing activity in assigned accounts based on customer directives in a timely and accurate manner.
- Review and recommend updates to the departmental policies and procedures.
- Conduct scheduled credit reviews of loans for overall asset quality, including performance against original underwriting expectations.
Business Development & Customer Relationship
- Maintain regular contact with customers and look for opportunities to deliver added value to existing customer relationships.
- Conduct market research and identify new targets to expand network of customer and business partner relationships.
- Provide efficient and professional account management to Bank of China customers and resolve any difficulties/concerns in a timely manner.
- Conduct market research and identify new business opportunities and realize those opportunities into marketing plans.
- Actively participate in business development and community activities that promote the Bank's visibility and to enhance new business opportunities.
- Structure, supervise and negotiate the term sheet and/or commitment letter within parameters defined by credit decisions with relevant parties.
- Evaluate the effectiveness of new business opportunities and marketing plans.
- Conduct assessment of customer relationships and determine appropriate action if necessary.
- Safeguard customer information and communications.
Portfolio & Post-Lending Management
- Oversee the existing credit portfolio of loans compromised of Project Finance, Infrastructure Finance, Syndicated Loans, Merger & Acquisition Finance and C&I Leveraged Lending Loans.
- Ensure the processing and closing of loans in a prompt, accurate and efficient manner.
- Assist with administrative duties such as account setup, internal reports, drawdown management, post lending monitoring as needed.
- Monitor matured/maturing loans/credit lines and coordinate appropriate renewal.
- Prepare periodical credit review reports, such as Annual report (AR), Quarterly report (QR) and Construction report etc.
Risk & Compliance Management
- Ensure all departmental and loan activities are in compliance with all applicable federal laws, and regulations such as Anti-Money Laundering (AML), Bank Secrecy Act (BSA), KYC and others. Report any unusual activities to QCU team.
- Understand and comply with bank policies, procedures and regulatory requirements.
- Keep abreast of industry trends and understand regulatory requirements.
- Assist with audits in providing requested supporting documentations in a timely manner.
Qualifications - Bachelor's degree with major in business, financial, accounting or economics is required. A master degree preferred.
- 5 years of work experience in structured finance is required for AVP; 1- 4 years of work experience in structured finance is required for Associate.
- Passion for syndication field, self-starter, high-energy level, dependable, detail-oriented but mindful of the big picture, multi-tasker, performs under time pressure, problem solver, takes ownership of work product and has a well-reasoned view.
- Absorbs multiple data points and makes decisions with conviction. Team player.
- Knowledge of financial modeling.
- Formal Credit Training in other bank and specialty in structured finance (including project finance), loan portfolio management.
- Excellent communication skills in verbal and writing is a must, bilingual ability in Mandarin is highly preferred.
Pay Range Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $150,000.00 /Yr.
Job Tags
Work experience placement,