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.

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

The candidate might be considered for one of the following roles:

• This incumbent will provide post lending, customer services and underwriting on Small and Medium Enterprise (SME) and corporate loan products. In addition, s/he will complete tasks assigned by the manager and prepare loan analysis and loan recommendations to meet objectives.
• The position will assist Queens Branch’s Quality Control Unit (QCU) function, project and reporting function, and they will directly report to QCU AVP.

The Associate may be assigned to one or more of the functions below:

Business Development

• Support implementation of the SME development strategies and proactively seize market opportunities to expand client base
• Underwrite loan business develop and maintain normal business relationship with customers
• Meet business objectives in the loan operation set by the section head and Branch Manager
• Solicit new corporate customer and meet the target set by department head
• Prepare the CRR and monitor the loan on timely basis
• Participate in various marketing, prospecting and networking activities to enhance Bank’s images and build business relationship for prospective new lending opportunities

Credit Control and Compliance

• Handle loan business according to all Bank policies and procedures, as well as OFAC/KYC requirements and inform customers of regulatory compliance requirement
• Inform customers of regulatory compliance requirement
• Work and coordinate with the Quality Control Unit and BSA Section to perform customer account reviews for loan customers
• Help to defines high risk business character for current portfolio
• Enhance BSA/KYC and risk rating in commercial loan

Operations & Post Lending Customer Service

• Ensure all documents required per loan agreement have been obtained and uploaded to the centralized documentation storage, address post lending questions or issues, including updating post lending tickler to ensure receipt of all documents required per loan management
• Prepare annual reviews, credit related memos, site visits and presentation reports
• Communicate with the Operation Service Department and answer customer inquiries relating to tax, insurance, annual escrow accounts or other post lending questions
• Review the completeness of loan application, term sheet preparation, arrange appraiser to appraise the value of properties and order credit reports, review appraisal reports, engineer, environmental and credit reports
• Prepare credit recommendation report and commitment letter after loan approval, negotiate loan documentation, arrange closing and prepare the closing documents
• Participate in loan business activities to ensure the loan operation complies with policies and regulations, and answer correspondences from customers and maintain ongoing communication

Business Reporting

• Assist to consolidate business plans, track business goals and analyze branch performance evaluation

• Perform basic financial analysis and consolidate business report of the Branch

• Assist in and consolidate research report, perform ad hoc assignment and reporting upon request

• Consolidate business forecast for the Branch

Compliance

• Act as ABAC point of contact of the Branch

• Update departmental policies and procedure related to ABAC and pricing strategy

• Assist in compliance control testing and other middle desk assignment when needed

• Understand, comply with and monitor the activities, if necessary, of all applicable laws and regulations regarding Anti-Money Laundering, Bank Secrecy Act, and suspicious activity reporting

IT / Business Project

• Act as Record Retention Coordinator and Data Governance Point of Contact of the Branch

• Assist in implementation of business or IT projects involving the Branch

CRA Donation and Service

• Assist to propose donation and/or sponsorship event involving the Branch in comply with the Bank’s CRA program

• Collect and consolidate CRA loan activity, if any, from Business Development Department of the Branch and provide CRA report in accordance to the Bank’s CRA policy and procedure

• Assist to perform CRA service when needed

• Promote the Branch’s product and service and BOC brand

Administration

• Assist in human resource duties involving the Branch, including but not limited to updating staff analysis, job description, employee hiring application and etc.

• Handle consultant recruitment and monitoring duties, compile consultant budget following the Bank’s policy and procedure

• Strictly comply with BOC Global Service Standard and BOCNY performance evaluation

• Bachelor’s degree required at the time of hiring; major in Finance, Economics, Accounting or relevant fields preferred

• Sound knowledge of due diligence process, regulatory and compliance, as well as credit analysis, Commercial Real Estate, and product knowledge

• Proficiency in Microsoft Word, Excel, Access, PowerPoint

• Bilingual ability in Mandarin and English required

• Internship experiences in SME and corporate lending experience within Banking industry

• Previous internship experience in banking or financial industry preferred
• Demonstrate financial/banking industry knowledge