Corporate Banking

3 weeks ago


New York, United States Bank of China Limited, New York Branch Full time
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

The incumbent will support and perform all necessary functions and coordinate with relevant parties involved in the origination, analysis, due diligence and underwriting, financial analysis and KYC, written and verbal presentations, credit approval, closing, post-lending and payoff of a commercial real estate loan.

Responsibilities

Include but are not limited to

Business Development & Customer Relationship
  • Assist in performing due diligence, and analysis involved in underwriting prospective and new commercial real estate loan opportunities consistent with BOC's underwriting criteria.
  • Conduct onsite visits to prospects, borrowers, properties and other related parties, conduct pipeline monitoring and portfolio management.
  • Build new relationships and manage existing relationships with peer banks in identifying new transaction opportunities and expanding syndication platform.
  • Maintain regular contact with clients and look for opportunities to deliver additional value to client relationships.
Credit Risk Analysis
  • Collect, review and analyze financial statements of borrowers and guarantors; prepare pro-forma base case and downside case property- level financial projections; and review and analyze third-party consultant reports.
  • Monitor and analyze conditions in relevant commercial real estate markets and identify business opportunities.
  • Monitor and analyze key economic and demographic trends in assigned geographic markets and report on key developments to supervisor.
  • Perform financial analyses to determine risk ratings for loans and propose reserves for loan losses quarterly on the basis of the ratings.
  • Monitor existing loan portfolio to ensure proper risk ratings and early identification of potential issues.
  • Analyze and monitor loan portfolios and prepare annual written financial reviews for the performing loans, quarterly written reviews for the problem loans, and monthly written reviews of the past due loans.
  • Review offering memoranda of new loan opportunities, prepare a green light memo, review and negotiate term sheet, and prepare and review legal documentation, review third-party reports and assist in the loan closing process.
  • Conduct compliance and due diligence checks (e.g. KYC/AML) in accordance with Bank policies and procedures.
Portfolio & Post-lending Management
  • Collaborate with relevant departments on the loan processes including the opening of accounts, closing of loans, post-lending monitoring and others.
  • Perform post lending monitoring that includes but not limited to conducting annual review of loan portfolio, updating financial and performance reports and reviewing of compliance certificate and other documents.
  • Identify post lending risks and communicate with internal stakeholders and propose solutions, prepare and manage ticklers on a periodic basis.
Risk and Compliance Management
  • Understand and comply with all bank policies, procedures and regulatory requirements.
  • Process transactions in accordance to the Bank policies, procedures and regulatory requirements (e.g. AML, BSA, OCC, EAR, and others).
  • Work on ad-hoc projects as required by stakeholders and prepare and research reports on industry and submarkets as required.
Qualifications
  • Bachelor's Degree or above with major in real estate finance or commercial real estate projects, business, financial, accounting or economics preferred; a master's degree is preferred
  • 1-5 years of experience with institutional commercial real estate finance in banking or financial services
  • Knowledge in cash flow commercial real estate fundamentals and major CRE gateway submarkets specifically New York City
  • Knowledge in general credit analysis, spreadsheet modeling, real estate market analysis, property cash flow and rent roll analysis, cash flow projections, sensitivity analysis and facility with review of third party reports including appraisals, engineer and environmental reports
  • Bilingual in English and Mandarin is required


Pay Range

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


USD $42,000.00 - USD $90,000.00 /Yr.

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