Commodity Business Center - Commodities Marketing ...
Bank of China, U.S.A. - New York City, NY
Apply NowJob Description
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 support account officers to originate and manage a portfolio of commodity clients by offering the product suite of the bank, including deposits, lending, commodity financing (Pre-Export Finance/ Warehouse Finance), Trade (LCs, Receivables Financing, etc) and capital markets.business documentsTransaction Underwriting & Portfolio MonitoringConduct basic financial spreading and credit risk analysis based on company, industry, market and competitor researchAssist evaluating risk aspects of transaction terms and conditions consistent with Bank policiesProvide support to team by preparing credit reports, liaising with account officers and internal departments such as credit risk management department, and presenting recommendations to approval committeesWork on a portfolio of accounts maintaining customer files, managing KYC requirements, conduct post-lending monitoring by analyzing interim and annual financials to address periodic reviews or specific client requests while interacting with credit risk and other departmentsSupport Middle Office in post lending management of transactions, collateral management and portfolio management issuesManaging Client RelationshipsSupport Account Officers to identify and originate new client relationships, and provide KYC information to Middle Office for reviewAttend client meetings with Account Officers and prepare call reportsNegotiate credit agreement and other documentation for risk management purposeNegotiate term sheets/ pricing/ trade confirmation with clientsMonitor clients credit status and the state of their business activities on an ongoing basisSupport Account Officers to meet business targets set by the departmentCoordinate with operation teams to support the onboarding and monitoring of transactionProduct MarketingWork with account officer to originate business from target/existing clientsProvide updates to management about marketing efforts, deals in pipeline and closed transactionsIdentify cross-selling opportunitiesCompliance and Risk ManagementOnboard new customers in line with the Bank’s risk appetite statementComply with Bank policies (Credit Risk Compliance, New Product Management etc) and department procedures for KYC and Credit Risk Control (including underwriting and post-lending monitoring)Set up customer profile and update/review in a timely mannerComply with departmental compliance and risks control procedures when accepting customers’ transactionsDetect unusual activities and inform Account Officer and Middle office, escalating to dept. head if necessaryStay abreast of and analyze the industry and market developmentsOtherMaintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societiesPrepare presentation materials for training, marketing events and meetingsSupport department in providing client/ transaction/portfolio information as well as business administration related workBachelor’s Degree preferred in Finance/ Economics/ Accounting/Engineering/ Sciences/ Liberal Arts, MBA preferredMinimum 2 years of credit analysis or account officer experience within banking; trade finance related banking experience is a plusDemonstrate excellent communication and relationship management skillsDemonstrate solid financial and credit analysis skills, as well as ability to read, write, analyze and interpret general business documentsUSD $42,000.00 - USD $90,000.00 /Yr.
Created: 2024-09-07