Corporate Banking Department - Customer Relationship Manager VP
Bank of China, U.S.A. · New York
📍 New York, NY💰 $110,000-$230,000via icimsPosted 2023-12-28
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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 Vice President, Customer Relationship Manager manages all aspects of the customer relationship at the strategic level with a focus of growing the loan portfolio by conducting customer sessions, understanding the customers’ needs, providing financial advice, developing new products and marketing plans. Performing KYC/BSA/AML and all other compliance activities relating to new and legacy loans.
Responsibilities
Include but are not limited to:
Business Development & Customer Relationship
Maintain regular contact with customers and look for opportunities to deliver added value to existing customer relationships
Conduct market research and identify new targets to expand network of customer and business partner relationships
Provide professional account management to Bank of China customers and resolve any difficulties/concerns in a timely manner
Actively participate in business development and community activities that promote the Bank’s visibility and to enhance new business opportunities
Structure and negotiate the term sheet and/or commitment letter within parameters defined by credit decisions with relevant parties
Evaluate the effectiveness of new business opportunities and marketing plans including traveling for onsite customer visits
Conduct assessment of customer relationships and determine appropriate action if necessary
Supervise and develop the quality control process within the function
Safeguard customer information and communications
Provide instructional leadership and coaching to team. Credit Risk Analysis
Conduct due diligence for prospective deals that includes detailed credit analyses, financial and industry analyses, and risk assessments
Evaluate credit worthiness of customers
Timely preparation of documentation, review executed documentation from customer and review for accuracy.
Verify that the appropriate pricing, loan terms and profitability requirements are achieved
Oversee the processing activity in assigned accounts based on customer directives in a timely and accurate manner.
Review and recommend updates to the departmental policies and procedures
Conduct scheduled credit reviews of loans for overall asset quality, including performance against original underwriting expectations. Portfolio & Post-Lending Management
Oversee the existing portfolio of loans compromising of Syndicated Loans, Merger & Acquisition Finance and Project Loans
Ensure the processing and closing of loans in a prompt, accurate and efficient manner
Review and approve the account setup, internal reports, drawdown management, post lending monitoring as needed
Monitor matured/maturing loans/credit lines and coordinate appropriate renewal. Risk & Compliance Management
Ensure all departmental and loan activities are in compliance with all applicable federal laws, and regulations such as Anti-Money Laundering (AML), Bank Secrecy Act (BSA), KYC and others
Report any unusual activities to QCU team
Understand and comply with bank policies, procedures and regulatory requirements
Keep abreast of industry trends and understand regulatory requirements
Assist with audits in providing requested supporting documentations in a timely manner
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
Minimum 10 years of experience in corporate banking or investment banking
Knowledge in credit, cash flow and analysis skills
Able to engage with marketing and client relationship management
Bilingual ability in Mandarin is a plus, but not required
Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
USD $110,000.00 - USD $230,000.00 /Yr.
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