2025 Campus Recruitment Business Development Department Associate

Posted on Sep 15, 2024 by Bank of China Limited, New York Branch
Los Angeles, CA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
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:

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

This position is responsible for providing supports to day-to-day marketing and administrative functions of BDD Business Team 2. These duties include, but not limited to preparing all marketing and business transactions related reports; performing all applicable compliance job tasks; and assisting in Business Team 2 business development. Other job duties include communicating with customers regarding the transactions being handled, and/or performing any other duties as assigned by supervisor and/or Branch Management. 

Responsibilities:

Include but not limited to:

Daily Administrative and Marketing Support

Provide administrative supports to Team 2 FLU officer(s) on all daily operating transactions, business development and any business activities; including assisting in implementing marketing plans; performing initial financial analysis to determine clients’ credit worthiness; and preparing various business reports;

Back up Team 2 Associate to monitor maturity dates and ensure timely payment of future-dated transactions in association with SCF, ARP and TSD;

Provide supporting services to customers and timely respond to customer inquiries;

Work closely with the Trade Services Department of New York Branch to resolve issues on claim/reimbursement, notices of discrepancy from issuing banks (if LC related transactions); and accurately update the status of transactions on the Bank’s Trade Services System;

Assist Account Officer to work closely with Credit Analyst Team and relevant departments of New York Branch to prepare credit recommendation reports; and ongoing loan administration and post-lending activities;

Perform any other related duties as assigned by supervisor and/or Branch Management

Risk Management and Quality Control

Perform asset quality related job tasks for Commercial & Industry, Trade Finance, SCF and ARP business per the Bank’s policies and procedures;

Support Account officers to work with KYC Team and Compliance Team on customer due diligence and suspicious activities detection;

Perform account/transaction reconciliations;

Support Account officer to cooperate with internal and external auditors and examiners; take corrective actions in response to the audit findings;

Support Account officer to perform any compliance and risk management duties as assigned by supervisor and/or Branch Management.

Qualifications:

Bachelor’s Degree majoring in Business Administration or Finance or Accounting or Economics or other related disciplines is required at the time of hiring; a master degree or above is preferred

Internship experience in Commercial and Corporate Lending, Trade Finance, SCF, ARP, and Operations experience in banking and financial institution is preferred

Ability to multi-tasks, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines

Excellent analytical, interpersonal, verbal and written communication skills

Proficient in Microsoft Outlook, Word, Excel, and PowerPoint

High degree of professionalism, quality work and attendance

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $50,000.00 - USD $70,000.00 /Yr.

Reference: 200037244

https://jobs.careeraddict.com/post/95276263

2025 Campus Recruitment Business Development Department Associate

Posted on Sep 15, 2024 by Bank of China Limited, New York Branch

Los Angeles, CA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
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:

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

This position is responsible for providing supports to day-to-day marketing and administrative functions of BDD Business Team 2. These duties include, but not limited to preparing all marketing and business transactions related reports; performing all applicable compliance job tasks; and assisting in Business Team 2 business development. Other job duties include communicating with customers regarding the transactions being handled, and/or performing any other duties as assigned by supervisor and/or Branch Management. 

Responsibilities:

Include but not limited to:

Daily Administrative and Marketing Support

Provide administrative supports to Team 2 FLU officer(s) on all daily operating transactions, business development and any business activities; including assisting in implementing marketing plans; performing initial financial analysis to determine clients’ credit worthiness; and preparing various business reports;

Back up Team 2 Associate to monitor maturity dates and ensure timely payment of future-dated transactions in association with SCF, ARP and TSD;

Provide supporting services to customers and timely respond to customer inquiries;

Work closely with the Trade Services Department of New York Branch to resolve issues on claim/reimbursement, notices of discrepancy from issuing banks (if LC related transactions); and accurately update the status of transactions on the Bank’s Trade Services System;

Assist Account Officer to work closely with Credit Analyst Team and relevant departments of New York Branch to prepare credit recommendation reports; and ongoing loan administration and post-lending activities;

Perform any other related duties as assigned by supervisor and/or Branch Management

Risk Management and Quality Control

Perform asset quality related job tasks for Commercial & Industry, Trade Finance, SCF and ARP business per the Bank’s policies and procedures;

Support Account officers to work with KYC Team and Compliance Team on customer due diligence and suspicious activities detection;

Perform account/transaction reconciliations;

Support Account officer to cooperate with internal and external auditors and examiners; take corrective actions in response to the audit findings;

Support Account officer to perform any compliance and risk management duties as assigned by supervisor and/or Branch Management.

Qualifications:

Bachelor’s Degree majoring in Business Administration or Finance or Accounting or Economics or other related disciplines is required at the time of hiring; a master degree or above is preferred

Internship experience in Commercial and Corporate Lending, Trade Finance, SCF, ARP, and Operations experience in banking and financial institution is preferred

Ability to multi-tasks, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines

Excellent analytical, interpersonal, verbal and written communication skills

Proficient in Microsoft Outlook, Word, Excel, and PowerPoint

High degree of professionalism, quality work and attendance

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $50,000.00 - USD $70,000.00 /Yr.

Reference: 200037244

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