Trade Services AVP - Chicago Trade Services AVP - Chicago …

Bank of China USA
in New York, NY, United States
Permanent, Full time
Last application, 22 Aug 19
DOE
Bank of China USA
in New York, NY, United States
Permanent, Full time
Last application, 22 Aug 19
DOE
The incumbent will be responsible for marketing companies, banks, and other financial institutions; originating and promoting the Bank’s trade services and financial products; managing loan portfolios and analyzing risk exposures; and maximizing the Bank’s customer base and market share.

Job Duties

Include but not limited to:

Marketing

  • Work with various branches and correspondent banks to develop new business and promote existing products; develop business with domestic clients
  • Attend external seminars, training and meetings to obtain information on new trade products and latest trends in international trade markets, including threats and opportunities

Operation and monitoring

  • Cooperate with the department to handle client transactions and control the products percentage; monitor monthly department report on trade services and finance
  • Coordinate with department and liaise with the clients to ensure full compliance with documentation; prepare and review credit files for existing and new customers
  • Conduct research on customers and transactions for AML, BSA, KYC, & due diligence purpose

Compliance & Operation

  • Review and monitor transaction activities ; follow up on compliance issues and escalate when necessary
  • Keep abreast of regulatory updates by attending trainings, webinars and seminars; understand and comply with bank policies, procedures and regulatory requirements

Job Requirements:

  • Bachelor’s degree or above in business, finance or economics and other related majors
  • 3-8 years’ banking experience specialized in trade finance, participation loans along with strong communication and general knowledge of trade services and finance products
  • Relationship management, marketing, risk management and assessment knowledge, due diligence processing knowledge
  • Legal background, regulatory and compliance knowledge and experience
  • Financial/banking industry knowledge is highly desired
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