Chicago Branch – Corporate Banking Department VP

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.

The job of the VP is to assist the Team Lead/Vice President and Branch Managements in
1) Providing support to the team;
2) Soliciting, developing and managing new businesses and portfolios for syndicated loans, bilateral loans (and assisting with a portfolio of commercial mortgage loans, as needed);
3) Manage and oversee clients portfilos to ensure an appropriate level of risk and return is consistent with the strategic direction of the Bank of China;
4) Broaden new business opportunities and promote positive relationships with the market, especially with big and medium sized clients;
5) Assist the Team Lead in managing and training a team of AVP/Associates to further grow the business, as needed.

Include but are not limited to:

Customer Relationship Deveopment & Management

• Serve as primary contact for customer relationships
• Maintain and enhance client relationships through customer calls or visits and ensure the completeness and timely compliance of all aspects of client relationships
• Obtain relevant and mandatory financial and non-financial information in a timely manner, analyze applicants’ data collected, conduct financial analysis and make judgment in terms of financial status, credit and loan collateral
• Perform due diligence, prepare credit proposals through detailed underwriting analysis and presentation to loan committee, and structure the right loan products for clients
• Work closely with the Credit Risk Management Department to respond to their enquires, ensure that the credit proposed comply with the credit risk policy and guidelines, security control manual and compliance policies and procedures
• Prepare and oversee the preparation and closing of loans
• Maintain regular contact with customers and look for opportunities to deliver added value to existing customer relationships
• Sell, cross-sell and coordinate the selling of products and services of the Bank of China to clients in a manner consistent with the strategic direction and risk policies of the Bank
• Participate actively in the Bank’s promotional campaigns and activities
• Partner with the Branch Management and Vice President/Team Head to look for cross-marketing and growth opportunities

Business Development

• Explore corporate business and market new relationship based on the business development needs of the bank and on the guidance of the Branch Manager
• Identify, explore and analyze potential loan markets in relation to syndicated loans and trade finance loans
• Interview potential customers, understand their business, industry, threats and opportunities, existing banking relationship, existing and potential financial needs, etc.

Portfolio & Post-Lending Management

• Perform due diligence and loan underwriting;
• Manage and monitor assigned loan portfolio for outstanding loan exceptions and unusual activities. Escalate as necessary
• Review signed documents to assure loan package is complete with proper signatures obtained
• Follow-up and clear any and all outstanding loan exceptions related to assigned portfolio
• Monitor activities related to loans within the portfolio and escalate if necessary
• Take the lead of the subordinates to perform post-lending monitoring of accounts
• Ensure the processing and closing of loans in a prompt, accurate and efficient manner
• Assist with administrative duties such as account setup, internal reports, drawdown management, and post-lending monitoring as needed
• Monitor matured/maturing loans/credit lines and coordinate appropriate renewal

Compliance & Risk Management

• Understands and adheres to all applicable rules, policies and regulations promulgated by the Bank of China
• Understands, complies with and monitors the activities, if necessary, of all applicable laws and…