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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.
Job Summary:
The Assistant Vice President/Associate assist the VP to manage all aspects of business development for project finance, infrastructure finance, syndication, M&A finance and structured finance with a focus of growing the loan portfolio by conducting customer sessions, understanding the customers’ needs, developing marketing plans, conducting credit analysis and credit portfolio management. Follow KYC /BSA /AML and all other compliance activities relating to new and legacy loans.
Job Responsibilities:
Include but not limited to:
Conduct due diligence for prospective project finance, Infrastructure finance, M&A deals that includes detailed credit analyses, financial and industry analyses, and risk assessments.
Prepare credit recommendation reports (CRR) and work with credit risk team on transaction underwriting and due diligence process.
Evaluate credit worthiness of customers.
Create and send decision notifications.
Timely preparation of documentation, acquire executed documentation from customer and review for accuracy.
Verify that the appropriate pricing, loan terms and profitability requirements are achieved.
Oversee the processing activity in assigned accounts based on customer directives in a timely and accurate manner.
Review and recommend updates to the departmental policies and procedures.
Conduct scheduled credit reviews of loans for overall asset quality, including performance against original underwriting expectations.
Business Development & Customer Relationship
Maintain regular contact with customers and look for opportunities to deliver added value to existing customer relationships.
Conduct market research and identify new targets to expand network of customer and business partner relationships.
Provide efficient and professional account management to Bank of China customers and resolve any difficulties/concerns in a timely manner.
Conduct market research and identify new business opportunities and realize those opportunities into marketing plans.
Actively participate in business development and community activities that promote the Bank’s visibility and to enhance new business opportunities.
Structure, supervise and negotiate the term sheet and/or commitment letter within parameters defined by credit decisions with relevant parties.
Evaluate the effectiveness of new business opportunities and marketing plans.
Conduct assessment of customer relationships and determine appropriate action if necessary.
Safeguard customer information and communications.
Oversee the existing credit portfolio of loans compromised of Project Finance, Infrastructure Finance, Syndicated Loans, Merger & Acquisition Finance and C&I Leveraged Lending Loans.
Ensure the processing and closing of loans in a prompt, accurate and efficient manner.
Assist with administrative duties such as account setup, internal reports, drawdown management, post lending monitoring as needed.
Monitor matured/maturing loans/credit lines and coordinate appropriate renewal.
Prepare periodical credit review reports, such as Annual report (AR), Quarterly report (QR) and Construction report etc.
Risk & Compliance Management
Ensure all departmental and loan activities are in compliance with all applicable federal laws, and regulations such as Anti-Money Laundering (AML), Bank Secrecy Act (BSA), KYC and others. Report any unusual activities to QCU team.
Understand and comply with bank policies, procedures and regulatory requirements.
Keep abreast of industry trends and understand regulatory requirements.
Assist with audits in providing requested supporting documentations in a timely manner.
Qualifications:
Bachelor’s degree with major in business, financial, accounting or economics is required. A master degree preferred.
5 years of work experience in structured finance is required for AVP; 1- 4 years of work experience in structured finance is required for Associate.
Passion for syndication field, self-starter, high-energy level, dependable, detail-oriented but mindful of the big picture, multi-tasker, performs under time pressure, problem solver, takes ownership of work product and has a well-reasoned view.
Absorbs multiple data points and makes decisions with conviction. Team player.
Knowledge of financial modeling.
Formal Credit Training in other bank and specialty in structured finance (including project finance), loan portfolio management.
Excellent communication skills in verbal and writing is a must, bilingual ability in Mandarin is highly preferred.
Seniority level
Seniority level Mid-Senior level
Employment type
Employment type Full-time
Job function
Job function Finance
Industries Banking and Financial Services
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Project Finance Associate/AVP