Analyst, Wholesale Banking
About The Position
Mandatory Reference Checking Scheme (“MRC”) for Hong Kong The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions. For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied. Country of Location: United States of America Job Responsibilities: • Research and conduct company / industry analysis and provide feedback on RM’s initiated financing recommendations; • Build and maintain financial / risk models and Perform advanced financial statement analysis and cash-flow projection modeling, as well as sensitivity tests; • Assist supervisor and RMs in the preparation of credit documentation and other tasks as needed; • Undertake ongoing critical monitoring of portfolio accounts, including change in credit rating, market / sector / client business development; • Function as backup contact with select customer accounts, develop skill and expertise to work independently when needed; • Work with BM and supervisor to identify, define and develop referral sources and business contacts to ensure a consistent deal flow and achieve assigned profit and loan growth target; • Ensure compliance with policies and procedures; • Assist RMs throughout the entire underwriting process from preparation of discussion paper, term sheet, credit application, commitment letter, to review and preparation of credit agreement, security document, and working with legal counsels, bank’s architects, environmental consultants, agent banks, where necessary, to close the transaction; • Analyze loan applications, financial statement and conducts due diligence to determine the merits of granting the loan and the assurance of repayment. Write a complete and concise credit application to analyze risks, and evaluate mitigating factors to address the risks, while adhering to bank’s credit policy and procedure as well as regulatory compliance. Follow up with credit authority to obtain credit approval. • Complete scheduled periodic review. • Monitor the clients / market / industry performance and trend, ensure the extended credit is operating within approved terms and conditions, and detect early warning signals. Monitor all ongoing covenants and compliance, including reporting, financial covenant, and other contractual compliance. • Prepare departmental reports, including but not limited to ALLL. • Conduct OFAC/PEP check as required • Assist supervisor on reporting & administrative matter. • Comply with anti-money laundering / counter terrorist financing requirement and sanction risks controls in accordance with regulatory standards and CNCBI policies.
Requirements
- Education Qualification - A Bachelor’s degree or equivalent education
- Working Experiences - 1+ years of experience in supporting the sales and marketing team, with exposure to clients is a plus
Nice To Haves
- exposure to clients is a plus
Responsibilities
- Research and conduct company / industry analysis and provide feedback on RM’s initiated financing recommendations
- Build and maintain financial / risk models and Perform advanced financial statement analysis and cash-flow projection modeling, as well as sensitivity tests
- Assist supervisor and RMs in the preparation of credit documentation and other tasks as needed
- Undertake ongoing critical monitoring of portfolio accounts, including change in credit rating, market / sector / client business development
- Function as backup contact with select customer accounts, develop skill and expertise to work independently when needed
- Work with BM and supervisor to identify, define and develop referral sources and business contacts to ensure a consistent deal flow and achieve assigned profit and loan growth target
- Ensure compliance with policies and procedures
- Assist RMs throughout the entire underwriting process from preparation of discussion paper, term sheet, credit application, commitment letter, to review and preparation of credit agreement, security document, and working with legal counsels, bank’s architects, environmental consultants, agent banks, where necessary, to close the transaction
- Analyze loan applications, financial statement and conducts due diligence to determine the merits of granting the loan and the assurance of repayment. Write a complete and concise credit application to analyze risks, and evaluate mitigating factors to address the risks, while adhering to bank’s credit policy and procedure as well as regulatory compliance. Follow up with credit authority to obtain credit approval
- Complete scheduled periodic review
- Monitor the clients / market / industry performance and trend, ensure the extended credit is operating within approved terms and conditions, and detect early warning signals. Monitor all ongoing covenants and compliance, including reporting, financial covenant, and other contractual compliance
- Prepare departmental reports, including but not limited to ALLL
- Conduct OFAC/PEP check as required
- Assist supervisor on reporting & administrative matter
- Comply with anti-money laundering / counter terrorist financing requirement and sanction risks controls in accordance with regulatory standards and CNCBI policies
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
