Corporate Banking Associate
Corporate Banking Associate
Bank of China USA
Chicago, IL
See who Bank of China USA has hired for this role
Job Summary:
The job of the Associate is to assist VP and AVP in the Corporate Banking Section in 1) filing report of clients and market; 2) exploring the local market and maintain sound business relationship with corporate clients and commercial mortgage loans (CM) as needed; 3) supporting a portfolio of syndicated loans; 4) conduct post-loan management to ensure all the loan activities are in accordance with the CBD’s policies and procedures, including KYC.
Job Descriptions:
Include but not limited to:
Credit Analysis
- CRE: Proficiency in spreadsheet analysis, rent rolls, ratio calculation and analysis, cash flow projection & analysis. Skills of sensitivity test and scenario analysis;
- C&I: Proficiency in spreadsheet analysis, ratio calculation and analysis, cash flow projection & analysis. Skills of sensitivity test and scenario analysis;
- Ability to identify credit risks and derive ways to mitigate them.
Due Diligence Review
- Analyzes real estate and corporate financial status, credit, and perform in-depth due diligence and compliance analysis;
- To correctly reflect the credit requests of the customer & CBD’s recommendations.
Reporting
- To write up Credit Recommendation report (CRR);
- To write up Exception Request;
- To write up research reports.
- To write other assigned reports or presentations.
Compliance and Operation
- Review and monitor transaction activities to ensure all transactions are in compliance with the Bank’s policy and procedures.
- Address and follow-up on compliance issue and refer escalated and/or complex issues to higher levels.
- Attend BSA, AML and KYC seminars and training. Perform Policies and Procedures Review on a semi-annual basis to look for further enhancement to the policy.
- Understand, comply with and monitor the activities, if necessary, of all applicable laws and regulations regarding anti-money laundering, Bank Secrecy Act, currency transaction reporting, and suspicious activity reporting.
Market Research
- Research and gather market details and intelligence to assist the Account Officers.
- Perform market analysis and due diligence to support and reduce potential risks.
Job Qualifications:
- Bachelor’s degree with major in Finance, Accounting, Economics, Business Administration and other related disciplines is required; a master degree or above is preferred.
- 1-3 years of work experience in commercial real estate underwriting and/or corporate underwriting and/or lending in the banking industry.
- Ability to spread financial statement, calculate and analyze related financial ratios;
- Ability to multi-tasks, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines;
- Excellent analytical, interpersonal, verbal and written communication skills.
- Knowledge of Sino-US Trade and economic updates in China.
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Seniority level
Associate -
Employment type
Full-time -
Job function
Customer Service and Finance -
Industries
Banking
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See who you knowFeatured Benefits
Inferred from the description for this job
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Medical insurance -
Dental insurance -
Vision insurance -
401(k)
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