Credit Risk Management Department-Credit Analyst C&I Associate/AVP

Sumitomo Mitsui Trust Bank Limited New York Branch; New York (NY); On-site; USD 42,000 - 150,000; Full time

Job summary

Bank of China in the United States seeks a credit risk professional to conduct reviews, analyze financials, and document risk assessments in line with risk appetite and policies. The incumbent will support portfolio management, update risk policies, and prepare portfolio reporting.

The role requires 3–4+ years in C&I credit risk, a Finance/Economics/Accounting degree, and strong financial modeling. Mandarin is a plus.

Qualifications

• 3+ years of C&I corporate credit risk experience (Associate).
• 4+ years of C&I corporate credit risk experience (AVP).
• Bachelor’s degree in Finance/Economics/Accounting is required.
• Master’s degree/MBA/CFA preferred.

Responsibilities

• Review credit requests and analyze risk, terms, and conditions.
• Provide recommendations on credit proposals and policy exceptions.
• Assist with loan structuring, risk rating, and monitoring requirements.
• Conduct portfolio reviews and monitor industry trends.

Skills

Credit risk analysis

Financial modeling

Regulatory knowledge

Industry knowledge

Education

Bachelor’s degree in Finance/Economics/Accounting

Master’s degree/MBA/CFA preferred

Job description

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.

This incumbent will be responsible for conducting credit risk evaluations and make recommendations in conformance with Bank’s risk appetite and policies. In addition, the incumbent 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.

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
• 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

Knowledge and Learning

• 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
• At least 3 years of C&I corporate credit risk and underwriting experience is required for Associate level; At least 4 years of C&I corporate credit risk and underwriting experience is required for AVP level
• Bachelor’s degree is required, preferably in Finance/Economics/Accounting major; Master’s degree/MBA/CFA is preferred
• Demonstrate sound financial analysis and modeling skills, understanding of credit risk management and knowledge of C&I industry
• Bilingual ability in Mandarin is a plus

USD $42,000.00 - USD $150,000.00 /Yr.