Corporate Banking Associate Chicago Branch

The incumbent will assist the team with building and managing the loan portfolios focused on local companies, and the companies that are interested in expanding operations to China and vice versa. 

Operational Support:

·        Perform due diligence on customers

·        Create loan tracker for the team about the due date for Annual reviews, and Quarterly reviews.

·        Perform post-lending management based on the requirements set in the credit agreement and Policy & Procedures

·        Prepare loan-related documents for audit requests, and coordinate with the Quality Control Unit (“QCU”) to facilitate the communication.

·        Participate in new system testing and provide comments on behalf of the team.

·        Work with Operation Service Department for loan booking and drawdown.

Loan Underwriting:

·        Perform due diligence and other compliance-related checks on new accounts.

·        Prepare credit report and submit to Corporate Banking Department manager to review.

·        Calculate and analyze the key financial ratios, and conduct stress tests to ensure that the proposed credit conforms with the credit agreement as well as internal credit risk policy and guidelines in the loan tenor.

·        Prepare financial and compliance analysis for supervisor review.

·        Prepare summary of case and Propose change of credit rating where applicable

Compliance and Risk Control

·        Review and monitor transaction activities to ensure all transactions are in compliance with the Bank’s policies, procedures and regulatory requirements.

·        Follow-up on compliance issues and escalate when necessary.

·        Monitor negative news for existing clients and notify Credit Risk Management dept.  and management if there is any risk.

·        Work with QCU to provide documents required by the auditor and legislator, and answer their questions in a timely manner.

·        Keep abreast of regulatory updates by attending trainings, webinars and seminars Understand and comply with bank policies, procedures and regulatory requirements.

·        Bachelor’s degree required; major in Finance or Accounting is preferred but not required.

·        0-3 years of financial analysis and underwriting experience.

·        Demonstrate understanding of financial statement and corporate banking are required, as well as good communication skills

·        Effective verbal and written communication skills are required.

·        CFA, CPA or Formal Credit training is preferred but not required.

·        Bilingual ability in Mandarin is preferred.