Credit Risk Management Department-Loan Workout Group (“LWG”) AVP at Bank of China Limited, New York Branch | NY, US | Rezi

Credit Risk Management Department-Loan Workout Group (“LWG”) AVP at Bank of China Limited, New York Branch

Credit Risk Management Department-Loan Workout Group (“LWG”) AVP

Bank of China Limited, New York Branch · NY, US

2 weeks ago

Credit Risk Management Department-Loan Workout Group (“LWG”) AVP

Bank of China Limited, New York Branch · NY, US

19 days ago
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About the Role

The individual will be responsible for preparing accountability reports, acting as secretariat for LWC meetings, communicating with Head Office, ensuring documentation is maintained, responding to audits and regulatory requests, preparing Head Office reports, and reconciling resolution requirements.

Responsibilities

  • Evaluate and analyze financial trends on assigned risk rating of each borrower with in-depth analysis.
  • Analyze all aspects related to the credit report requests, including restructured strategy or other exit strategy, historical and projected financial performance, management, industry, market condition, and third party reports in timely fashion.
  • Provide challenges where appropriate.
  • Establish the credit risk view with respect to the strategy’s execution soundness or creditworthiness and conformity to the Bank policies and procedures.
  • Conduct annual and/or quarterly reviews and periodic NPL loan reporting as required by the Bank’s Policy.
  • Monitor market and industry trends and assess impact of industry and/or client specific negative news.
  • Conduct report and committee pipeline management.
  • Provide and guide booking instruction from acceptable financial and regulatory standards.

Requirements

  • Relevant credit/accounting and legal documentation and industry knowledge.
  • Knowledge of banking products and regulatory requirement.
  • Demonstrate initiative to acquire necessary knowledge (industry, products, market conditions, policies and procedures) to perform job function.
  • Demonstrate progression in learning and application of concepts learned.
  • Minimum 4-5 years of Problem Loan Restructuring/Administration work experience required.
  • Demonstrate solid experience in credit risk management/due diligence with written credit risk synopsis or loan portfolio reporting.
  • Demonstrate knowledge in credit risk management/due diligence within financial sectors.
  • Bilingual ability in English and Chinese required.

Skills

  • Credit Risk Management
  • Due Diligence
  • Loan Portfolio Reporting
  • Financial Analysis
  • Financial Trends Analysis
  • Financial Performance Analysis
  • Market Trend Analysis
  • Industry Trend Analysis
  • Credit Risk Synopsis
  • Problem Loan Restructuring
  • Problem Loan Administration
  • Accounting
  • Legal Documentation
  • Banking Products
  • Regulatory Requirements
  • Microsoft Office Suite

Location

  • Global

Work Type

  • Full-time

Experience Level

  • 4-5 years

Education Level

  • Bachelor's degree in Finance/Accounting/Economics
  • Master's degree in Finance/Real Estate
  • MBA
  • CFA certifications preferred
  • FRM certifications preferred

Salary/Compensations

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

About the Company

  • 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.