Credit Risk Management - C&I AVP
Bank of China, U.S.A. - New York City, NY
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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 incumbent will be responsible for conducting credit risk evaluations and make recommendations in conformance with Bank’s risk appetite and policies, implementing credit process controls to monitor and maintain the asset quality of loan portfolio, and preparing portfolio reporting and other reports. In addition, s/he will update Credit Risk Policies and Procedures to reflect changes in internal and regulatory guidelines, as well as conduct relevant industry and product research for presentation to management. At the AVP level, the incumbent will also assist Front Office account officers with loan structuring, loan exposure management and on-site due diligence as needed.Include but are not limited to:Credit Risk ReviewEvaluate and analyze borrowers creditworthiness on assigned proposals and prepare in depth analysisAnalyze all aspects related to credit requests submitted by business units, including but not limited to facility structure, historical and projected financial performance, management, industry, market conditions , and third party reports in timely fashionIndependently challenge and critique business units’ credit proposals and document key points accordinglyArticulate credit risk view with respect to the bankability of Front Office requests and their conformity with the Bank’s policies and proceduresProvide comments/recommendations on key terms and conditions, approval conditions, policy exceptions, internal risk rating and post-lending requirementsPortfolio ManagementConduct annual and/or quarterly reviews of existing credits as required by Bank policyMonitor industry trends and assess impact of and/or client specific negative news from a portfolio perspectiveDevelop relevant industry knowledge particularly for assigned portfolio, and expertise in banking products and regulatory requirementsDemonstrate initiative to acquire necessary knowledge (industry, products, market conditions, policies and procedures) to perform job functionBachelor’s degree is required, preferably in Finance/Economics/Accounting major;MBA preferredMinimum 3 years of Credit risk management and financial statement analysisexperienceDemonstrate broad knowledge of the commodities sector and sub sectors,including energy, agriculture, and metals and mining, with experience coveringfinancial institutions a plusAt the AVP level, demonstrate sound knowledge of credit markets and productsincluding, but not limited to, corporate lending, trade and commodities finance,structured products, FX and derivativeBilingual ability in Mandarin is requiredCFA/CPA/FRM is preferredUSD $65,000.00 - USD $150,000.00 /Yr.
Created: 2024-09-07