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:
The job of the Associate is to assist VP and AVP in the Corporate Banking Section in 1) filing report of clients and market; 2) exploring the local market and maintain sound business relationship with corporate clients and commercial mortgage loans (CM) as needed; 3) supporting a portfolio of syndicated loans; 4) conduct post-loan management to ensure all the loan activities are in accordance with the CBD’s policies and procedures, including KYC.
Responsibilities:
Include but not limited to:
Credit Analysis
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CRE: Proficiency in spreadsheet analysis, rent rolls, ratio calculation and analysis, cash flow projection & analysis. Skills of sensitivity test and scenario analysis;
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C&I: Proficiency in spreadsheet analysis, ratio calculation and analysis, cash flow projection & analysis. Skills of sensitivity test and scenario analysis;
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Ability to identify credit risks and derive ways to mitigate them.
Due Diligence Review
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Analyzes real estate and corporate financial status, credit, and perform in-depth due diligence and compliance analysis;
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To correctly reflect the credit requests of the customer & CBD’s recommendations.
Reporting
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To write up Credit Recommendation report (CRR);
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To write up Exception Request;
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To write up research reports.
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To write other assigned reports or presentations.
Compliance and Operation
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Review and monitor transaction activities to ensure all transactions are in compliance with the Bank’s policy and procedures.
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Address and follow-up on compliance issue and refer escalated and/or complex issues to higher levels.
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Attend BSA, AML and KYC seminars and training. Perform Policies and Procedures Review on a semi-annual basis to look for further enhancement to the policy.
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Understand, comply with and monitor the activities, if necessary, of all applicable laws and regulations regarding anti-money laundering, Bank Secrecy Act, currency transaction reporting, and suspicious activity reporting.
Market Research
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Research and gather market details and intelligence to assist the Account Officers.
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Perform market analysis and due diligence to support and reduce potential risks.
Qualifications:
- Bachelor’s degree with major in Finance, Accounting, Economics, Business Administration and other related disciplines is required; a master degree or above is preferred.
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1-3 years of work experience in commercial real estate underwriting and/or corporate underwriting and/or lending in the banking industry.
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Ability to spread financial statement, calculate and analyze related financial ratios;
- Ability to multi-tasks, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines;
- Excellent analytical, interpersonal, verbal and written communication skills.
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Knowledge of Sino-US Trade and economic updates in China.
Pay Range
Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
: USD $42,000.00 - USD $90,000.00 /Yr.