Vice President - Credit Analyst

Credit Management department is the second line of defence (2LoD) credit function that is responsible to prepare risk assessment reports and credit recommendations in support of existing and new business for the Bank. As a Vice President - Credit Analyst, you will be responsible for ongoing monitoring of customers’ credit. You will support the 1LoD coverage in defining and enhancing business strategy for full alignment with the Bank’s risk appetite statements. You will develop robust credit practices between 1LoD and 2LoD for effective end-to-end credit management process. You will be managing the Due Diligence Team – Corporates. This is a full time permanent position.

Key responsibilities

Assess proposals submitted to Credit Management department from the Bank’s front office departments and write credit reports in respect of the business proposals. This includes research and evaluation of counterparty management, industry and transaction risk, financial accounts, cash flows and forecasts
Compose and update credit applications including waiver requests, limit renewals and proposals for new transactions
Attend Credit Committee to present a summary of the credit reports and answer any questions from the Committee members
Support 1LoD coverage in business strategy definition and in on-boarding new Financial Institutions and Corporate clients
Regularly monitor the risk situations of borrowers in an allocated portfolio as well as industry risks where particular responsibility for an industry has been allocated
Review and enhance select internal processes with a view to adopt a dynamic risk-based approach commensurate with the low risk profile of the Corporate portfolio
Develop and maintain financial models aimed at automating a number of tasks not limited to the collection of historic financials and various models aimed at monitoring credit and market signals
Ensure the compliance with departmental procedures manuals
Manage the CCMS approval process from start to completion and work with front office to manage time frames and expectations
Advise internal stakeholders on topics such as business strategy, product launches, portfolio management and monitoring
Promote engagement with Head Office and overseas branches on the coverage of the Corporate portfolio across Bank of China Group
Manage and supervise the team including individual allocated portfolio
Guide the team members to conduct the credit assessment and credit approval procedure
Requirements

Degree educated preferably in Finance, Business or Economics
Proven experience in managing large Corporates portfolio
Experience of Leveraged Finance and Project Finance would be an advantage
Relevant professional qualification is considered useful (e.g. ACIB, CFA, FRM)
Comprehensive knowledge of Banking products and risks associated with them
Comprehensive knowledge of legal documentation specific to Banking and CCP businesses
Demonstrated financial and modelling skills
Attention to details
Leadership skills
Team player
Highly organised and able to work in a fast paced environment
Excellent communication skills
Having a presence in the UK for more than +0 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.