Financial Institutions Department - Credit AVP/Associate

Bank of China USA; New York (NY); On-site; USD 42,000 - 150,000; Full time

Job summary

A leading international bank in New York is seeking a Credit AVP/Associate to conduct credit analysis and maintain relationships with financial institutions. The ideal candidate will have a Bachelor's degree, significant experience in credit risk management, and strong communication skills. This full-time position offers a competitive salary range of $42,000 to $150,000 per year, depending on experience and qualifications.

Qualifications

• 4+ years work experience in credit risk management required for AVP.
• 1+ year work experience in credit risk management required for Associate.
• Knowledge of regulatory compliance and credit policies is needed.

Responsibilities

• Conduct in-depth analysis of credit requests and annual reviews.
• Report findings impacting loan collateral or repayment ability.
• Update credit usage trackers and ensure file completeness.

Skills

Credit risk management

Financial analysis

Communication skills

Organizational skills

Detail-oriented

Education

Bachelor's degree in business, accounting, computer science, economics, mathematics, finance or statistics

Master's degree preferred

Job description

Financial Institutions Department - Credit AVP/Associate

Join to apply for the Financial Institutions Department - Credit AVP/Associate role at Bank of China USA

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

This position will conduct various types of credit analysis on loans and perform the annual review of credit limits. In addition to administering and maintaining superb relationships with Financial Institutions to expand the bank’s customer base and increase the business with each correspondent in accordance with established policy and procedures, coordinating with other departments to ensure the bank relationships follow the most up‑to‑date OCC and other regulations is also needed for this role.

Responsibilities

• Conduct in‑depth thorough analysis of new credit requests, credit change requests, renewals and annual customer relationship reviews
• Report any findings that may have an adverse effect on loan collateral or borrower’s ability to pay/repay the loan
• Present detailed credit analysis to relevant parties (e.g. Loan Officers)
• Ensure all credit files are complete with supporting documentation
• Perform annual file reviews
• Update CRR and Credit usage tracker
• Complete any credit related tasks/assessments requested by 2nd line in a timely manner
• Participate in internal and external audit request, and take remediation actions as needed
• Participate in special projects and other duties as assigned
• Conduct due diligence on CRR entities in accordance to bank policies, procedures and regulatory requirements
• Report any unusual credit activities to supervisor and Department Head
• Review loan files as needed to ensure quality, consistency, and compliance with regulatory requirements
• Perform quality assurance and editorial function for the credit recommendation report and proposal
• Perform liaison functions for FI customers and relevant business departments to resolve their inquiries
• Actively support new type of customer and new product onboarding

Qualifications

• Bachelor’s degree in business, accounting, computer science, economics, mathematics, finance or statistics required; Master’s degree preferred
• At least 4 years of work experience of credit risk management required for AVP; At least 1 year of work experience of credit risk management required for Associate
• Excellent written and verbal communication and interpersonal skills required
• Must be organized and detail oriented with follow‑up skills
• Knowledge of credit risk, financial and statistical analysis, credit administration, policies and procedures, and regulatory compliance is required
• Effective credit report writing skills required

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

• Mid‑Senior level

Employment type

• Full‑time

Job function

• Accounting/Auditing and Finance
• Banking