Financial Institutions Department - Credit AVP/Associate

Bank of China Limited, New York Branch•New York, NY

4d•$42,000 - $150,000

About The Position

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. This position will conduct various types of credit analysis on loans and perform the annual review of credit limits. In addition to administer and maintain superb relationships with Financial Institutions to expand the bank’s customer base and increase the business with each in correspondent in accordance with established policy and procedures. Coordinating with other department to ensure the bank relationships follow the most up-to-date OCC and other regulations is also needed for this role.

Requirements

Bachelor’s degree in business, accounting, computer science, economics, mathematics, finance or statistics required; Master’s degree preferred
At least 4 years of work experience of credit risk management required for AVP; At least 1 year of work experience of credit risk management required for Associate
Excellent written and verbal communication and interpersonal skills required
Must be organized and detail orientated with follow-up skills
Knowledge of credit risk, financial and statistical analysis, credit administration, policies and procedures, and regulatory compliance is required
Effective credit report writing skills required

Responsibilities

Credit Portfolio Maintenance/Credit Officer
Conduct in-depth thorough analysis of new credit requests, credit change requests, renewals and annual customer relationship reviews
Report any findings that may have an adverse effect on loan collateral or borrower’s ability to pay/repay the loan
Present detailed credit analysis to relevant parties (e.g. Loan Officers)
Ensure all credit files are complete with supporting documentation
Perform annual file reviews
Update CRR and Credit usage tracker
Complete any credit related tasks/assessments requested by 2 nd line in a timely manner
Participate in internal and external audit request, and take remediation actions is needed
Participate in special projects and other duties as assigned
Credit Review and Ongoing Screening
Conduct due diligence on CRR entities in accordance to bank policies, procedures and regulatory requirements
Report any unusual credit activities to supervisor and Department Head
Review loan files as needed to ensure quality, consistency, and compliance with regulatory requirements
Performing quality assurance and editorial function for the credit recommendation report and proposal
Customer Service
Perform liaison functions for FI customers and relevant business departments to resolve their inquires
Actively support new type of customer and new product onboarding