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New York City

    Credit Officer - New York, United States - Bank of China USA

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    Description

    Job Description

    This incumbent will be responsible for credit risk management. S/he will conduct credit risk evaluations and make recommendations in conformance with Bank's risk appetite and policies. In addition, s/he will implement credit process controls to monitor and maintain the asset quality of the US Branches loan portfolio, update Credit Risk Policies and Procedures to reflect changes in internal and regulatory guidelines, conduct relevant industry and product research for presentation to management, and prepare portfolio reporting.

    Job Duties

    Include but are not limited to:

    Credit Risk Review

    • Review and analyze credit requests submitted by Front Office in all aspects under minimal supervision, including but not limited to limit structure, historic financial performance, assumptions used to prepare base case and stress case financial projections, management, industry, market and economic conditions and third party reports
    • Provide and document recommendations to Front Office credit proposals
    • Articulate credit risk view with respect to the bankability of Front Office requests and their conformity with the Bank's policies and procedures.
    • Provide comments/recommendations on key terms and conditions, approval conditions, policy exceptions, internal risk rating and post-lending monitoring requirements
    • At the AVP level, assist account officers with loan structuring, loan exposure management and on-site due diligence as needed

    Portfolio Management

    • Conduct annual and/or quarterly reviews of existing credits as required by Bank policy
    • Monitor industry trends and assess impact of and/or client specific negative news from a portfolio perspective
    • Conduct exception and pipeline management.
    • Develop relevant industry knowledge particularly for assigned portfolio, and expertise in banking products and regulatory requirements
    • Demonstrate initiative to acquire necessary knowledge (industry, products, market conditions, policies and procedures) to perform job function

    Job Requirements

    • At the AVP level, at least 3 years of C&I corporate credit risk and underwriting experience is required
    • Bachelor's degree is required, preferably in Finance/Economics/Accounting major; Master's degree/MBA is preferred
    • Demonstrate sound financial analysis and modeling skills, understanding of credit risk management and knowledge of C&I industry
    • CFA/FRM or CFA/FRM candidate preferred
    • Bilingual ability in Mandarin is preferred

    The salary ranges for the AVP position is $65,000-$150,000. Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.


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