Los Angeles Branch - Financial Analyst Associate/AVP

Bank of China Limited, New York Branch; Los Angeles (CA); On-site; USD 65,000 - 150,000; Full time

Job summary

Bank of China Limited, New York Branch is hiring for a position focused on credit risk management and underwriting. The candidate will evaluate credit requests, perform financial analysis, and manage credit files ensuring compliance with all regulations. Required qualifications include a Bachelor’s degree in Business Administration or Finance, combined with pertinent experience in credit underwriting. The salary ranges from $65,000 to $150,000 per year based on qualifications and experience.

Qualifications

• 3+ years of experience in credit underwriting for Associate title; 5+ years for AVP title.
• Thorough knowledge of corporate lending, loan structuring, and credit risk management.
• Proficient in financial analysis and customer due diligence.

Responsibilities

• Evaluate credit requests and assess credit worthiness at the branch level.
• Work with Team Lead on complex transactions and negotiating credit terms.
• Perform post-lending management and analyze customer financial profiles.

Skills

Credit underwriting

Credit risk management

Financial analysis

Project management

Interpersonal communication

Education

Bachelor's degree in Business Administration, Finance, Accounting or Economics

Master's degree or above

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

Introduction

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 is responsible for underwriting and monitoring the credit quality of the loan portfolios. This includes closing and booking of transactions; post‑lending monitoring activities; analyzing and determining customers’ credit worthiness, recommending risk ratings; ensuring all the underwriting, financial analysis and loan portfolios are in full compliance with the Bank’s policies and procedures, and regulatory requirements; and performing any other duties as assigned by Team Lead and/or the Branch Management.

Responsibilities

Credit Risk Management (Underwriting and Portfolio management)

• Evaluate credit requests to assess credit worthiness, including cash flow, credit risk classification, and loan structure, and collateral analysis at the branch level
• Work closely with Team Lead in reviewing and structuring of complex transactions, negotiating credit terms and legal documentations, and co‑managing client relationship as needed
• Analyze customer financial profiles including preparation of Credit Recommendation Reports and present recommendations to Credit Risk Management Department and Credit Approval Committee
• Maintain sound credit risk practices for the loan portfolios including completion of all quarterly and annual reviews as required by policies
• Be responsible for overseeing existing loan portfolios including periodic reporting of risk profiles, trends, industry developments and concentration to ensure appropriate loan classification
• Perform on‑going post‑lending management on negative news as well as loan portfolios; identify early warning signs of deteriorating credit trends; work closely with Team Lead to identify alternatives to resolve problem loan situations
• Ensure credit files contain proper documentation including current financial statements, agency reports etc. before submitting to Business Administration Team
• For AVP title, need to provide coaching to junior staff in reviewing credit files of new credit facilities, loan documentation requirements, and follow up any pending and outstanding credit documents (e.g., Annual & Quarterly Account Review, Collateral, Insurance and Periodic Financial documents from customers)
• Perform any other duties as assigned by Team Lead and/or the Branch Management

Compliance Risk Management

• Ensure all due diligence and background evaluation is completed
• Perform pre‑closing and post‑closing quality control processes to ensure that timely responses are provided, review findings with Branch Management
• Prepare New Loan Closing Memos, monitor required Compliance Certificates, Borrowing Base Certificates, etc. so as to provide guidance if further risk assessments are warranted
• Cooperate with internal and external auditors and examiners; take corrective actions in response to the audit findings
• Comply with any KYC related requirements during the loan underwriting and processing
• Perform any compliance and risk management duties as assigned by Team Lead and/or Branch Management

Qualifications

• Bachelor’s degree with major in Business Administration or Finance, Accounting, Economics or other related disciplines is required; a master degree or above is preferred
• For Associate title, 3+ years of work experience in credit underwriting, credit risk and portfolio management in the banking industry; For AVP title, 5+ years of work experience in credit underwriting, credit risk and portfolio management in the banking industry
• Thorough knowledge of corporate lending, loan structuring, financial analysis, customer due diligence and credit risk management
• Has gained formal credit underwriting and financial analysis training
• Excellent project management skills, ability to multi‑task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines
• Excellent analytical, interpersonal, verbal and written communication skills; good relationship management and development skills
• Proficient in Microsoft Outlook, Word, Excel, and PowerPoint
• High degree of professionalism, quality work and attendance

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $65,000.00 - USD $150,000.00 /Yr.