Corporate Banking - Project Finance AVP/Associate
Join to apply for the Corporate Banking - Project Finance AVP/Associate role at Bank of China USA
Corporate Banking - Project Finance AVP/Associate
1 week ago Be among the first 25 applicants
Join to apply for the Corporate Banking - Project Finance AVP/Associate role at Bank of China USA
Get AI-powered advice on this job and more exclusive features.
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 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.
Responsibilities
Include but not limited to:
Credit Risk Analysis
- 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.
Portfolio & Post-Lending Management
- 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 s tructured 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.
Pay Range
Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $150,000.00 /Yr.
Seniority level
Seniority level
Mid-Senior level
Employment type
Job function
Job function
Finance and SalesIndustries
Banking
Referrals increase your chances of interviewing at Bank of China USA by 2x
Get notified about new Banking Assistant jobs in New York, NY.
Banking Associate - Union/Chestnut (20 Hour)
New York, NY $61,200.00-$101,800.00 1 week ago
Banking Associate - Union/Chestnut (20 Hour)
Global Banking & Markets, Special Assets Group, Associate - New York
Global Banking & Markets Operations-Associate-New York-Asset Servicing
New York, NY $95,000.00-$155,000.00 2 weeks ago
Associate, Corporate Banking, Structuring and Execution, FIG
New York, NY $135,000.00-$155,000.00 5 hours ago
Associate Relationship Manager, Corporate & Institutional Banking
Global Banking & Markets, Capital Management Team, Associate - New York
Global Banking & Markets (Investment Banking)-New York-Associate, Banker–Financing Group-8633157
Banker Associate, Mid-Corporate Banking - Associate
New York, NY $160,000.00-$180,000.00 3 weeks ago
New York, NY $160,000.00-$200,000.00 2 weeks ago
New York, NY $45,000.00-$55,000.00 1 week ago
FID, Securitized Products Group, Residential Mortgage Banking, Analyst/Associate
Associate, Power and Utilities, U.S. Corporate Banking - Structuring & Execution
Clearing (Banking) - RMB Clearing Associate
New York, NY $42,000.00-$90,000.00 1 week ago
Documentation Specialist (Commercial Banking)
COMMERCIAL BANKING CLIENT REPRESENTATIVE
Investment & Corporate Banking - ABS Origination – Experienced Analyst/Associate
Global Banking & Markets, Commodities, West Physical Trader, Associate - NY
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.