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

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 across Corporate and Personal Banking, Trade Services, Commodities, Financial Institutions, and Global Markets.

About the role

• Prepare accountability reports, supported by the Account Management Function and FLUs Account Officer.
• Act as secretariat of LWC (facilitate meetings and prepare meeting minutes).
• Communicate with Head Office and provide responses to Head Office requests.
• Ensure the Account Management Team maintains appropriate documentation and files in Laserfiche.
• Provide responses to internal/external audits, loan reviews, regulatory exams, and document requests.
• Prepare or review all types of Head Office reports, assisted by the Account Management Team and FLUs Account Officer.
• Prepare booking-related instructions to OSD.
• Review and reconcile resolution-related requirements from Head Office (including Performance Evaluation and Head Office reporting).

Responsibilities

Credit Risk Review

• Evaluate and analyze financial trends on assigned risk ratings of each borrower with in-depth analysis.
• Analyze all aspects related to credit report requests, including restructured strategy or other exit strategies, historical and projected financial performance, management, industry, market conditions, and third-party reports in a timely fashion.
• Provide challenges where appropriate.
• Establish the credit risk view regarding the strategy’s execution soundness, creditworthiness, and conformity to Bank policies and procedures.

Portfolio Management

• 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 the impact of industry and/or client-specific negative news.
• Conduct report and committee pipeline management.
• Provide and guide booking instructions from acceptable financial and regulatory standards.

Knowledge and Learning

• Develop and apply relevant credit/accounting and legal documentation and industry knowledge.
• Understand banking products and regulatory requirements.
• Demonstrate initiative to acquire necessary knowledge (industry, products, market conditions, policies, and procedures) to perform job functions.
• Demonstrate progression in learning and application of concepts.

Requirements

• Bachelor’s degree in Finance, Accounting, or Economics required; Master’s degree in Finance, Real Estate, or MBA preferred.
• Minimum 4-5 years of Problem Loan Restructuring/Administration work experience.
• CFA/FRM certifications preferred.
• Solid experience in credit risk management/due diligence with written credit risk synopsis or loan portfolio reporting.
• Knowledge of credit risk management/due diligence within financial sectors.
• Bilingual ability in English and Chinese required.

Pay

USD $65,000.00 – USD $150,000.00 per year. Actual salary is commensurate with candidate’s relevant years of experience, skillset, education, and other qualifications.