Queens Branch Corporate Business AVP - Bank of China

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:

This incumbent will maintain comprehensive knowledge of the commercial banking, especially on Small and Medium Enterprise (SME) and corporate loan products and services. S/he will support business and client volume based on the risk appetite of the Bank, accelerating the development of SME and corporate business and enhancing service levels. In addition, s/he will conduct underwriting and post lending management on SME and commercial loan.

Responsibilities:

Business Development

• Support innovations to SME business and promote sustainable and sound development of the SME services
• Support implementation of the SME development strategies and proactively seize market opportunities to expand client base
• Underwrite loan business, develop and maintain positive business relationship with customers
• Participate in various marketing, prospecting and networking activities to build business relationship for prospective new lending opportunities

Credit Risk Control and Post Lending Management

• Prepare annual reviews, credit related memos, site visits and presentation reports
• Address post lending questions or issues, including updating post lending tickler to ensure receipt of all documents required per loan management

Compliance

• Work and coordinate with Quality Control Unit and BSA section to perform customer account reviews for new and existing loan customers and inform customers of regulatory compliance requirement
• Help define high-risk business character for current portfolio and enhance BSA/KYC and risk rating of commercial loan
• Handle loan business according to all Bank policies and procedures, as well as OFAC/KYC requirements

Customer Service Operations

• Ensure all documents required per loan agreement have been obtained and uploaded to centralized documentation storage

• Review the completeness of loan application, term sheet preparation, arrange appraiser to appraise the value of properties and order credit reports, review appraisal report, engineer, environmental and credit reports

• Prepare credit recommendation report and commitment letter after loan approval, negotiate loan documentation, arrange the closing and prepare the closing documents
• Monitor loan portfolio activities, and escalate any unusual and irregular activities to manager where applicable

Qualifications:

• Bachelor’s Degree or above, preferred major in Finance, Economics, Accounting or relevant fields
• Minimum 4 years of corporate lending experience within Banking
• Sound knowledge of due diligence process, regulatory and compliance, as well as credit analysis, Commercial Real Estate, and product knowledge
• Strong knowledge of credit underwriting and portfolio management
• Demonstrate proficiency in Microsoft Word, Excel, Access, PowerPoint
• Bilingual ability in Mandarin and English required

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

:USD $65,000.00 - USD $150,000.00 /Yr.