Bank of China USA · 18 hours ago
Queens Branch - Business Development/Corporate Business Section Associate
Queens, NY
Full-time
Onsite
Entry, Mid Level
$42K/yr - $90K/yr
2+ years expBank of China USA is one of the largest banks in the world, providing a stable and reliable financial partner for various banking services. The Business Development/Corporate Business Section Associate will focus on post lending, customer services, and underwriting for Small and Medium Enterprise (SME) and corporate loan products, while also supporting business development and compliance efforts.
Banking
Responsibilities
Support implementation of the SME development strategies and proactively seize market opportunities to expand client base
Underwrite loan business develop and maintain normal business relationship with customers
Meet business objectives in the loan operation set by the section head and Branch Manager
Solicit new corporate customer and meet the target set by department head
Prepare the CRR and monitor the loan on timely basis
Participate in various marketing, prospecting and networking activities to enhance Bank’s images and build business relationship for prospective new lending opportunities
Handle loan business according to all Bank policies and procedures, as well as OFAC/KYC requirements and inform customers of regulatory compliance requirement
Inform customers of regulatory compliance requirement
Work and coordinate with the Quality Control Unit and BSA Section to perform customer account reviews for loan customers
Help to defines high risk business character for current portfolio
Enhance BSA/KYC and risk rating in commercial loan
Ensure all documents required per loan agreement have been obtained and uploaded to the centralized documentation storage, address post lending questions or issues, including updating post lending tickler to ensure receipt of all documents required per loan management
Prepare annual reviews, credit related memos, site visits and presentation reports
Communicate with the Operation Service Department and answer customer inquiries relating to tax, insurance, annual escrow accounts or other post lending questions
Review the completeness of loan application, term sheet preparation, arrange appraiser to appraise the value of properties and order credit reports, review appraisal reports, engineer, environmental and credit reports
Prepare credit recommendation report and commitment letter after loan approval, negotiate loan documentation, arrange closing and prepare the closing documents
Participate in loan business activities to ensure the loan operation complies with policies and regulations, and answer correspondences from customers and maintain ongoing communication
Qualification
Required
Bachelor's Degree or above, preferred major in Finance, Economics, Accounting or relevant fields
Minimum 2 years of SME and corporate lending experience within Banking
Sound knowledge of due diligence process, regulatory and compliance, as well as credit analysis, Commercial Real Estate, and product knowledge
Proficiency in Microsoft Word, Excel, Access, PowerPoint
Bilingual ability in Mandarin and English required
Company
Bank of China USA
Bank of China (BOC) is one of the largest banks in the world, with more than $3 trillion in assets and a footprint that spans over 60 countries and regions.
501-1000 employees
H1B Sponsorship
Bank of China USA has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (57)
2024 (46)
2023 (52)
2022 (67)
2021 (36)
2020 (69)
Funding
Current Stage
Late StageLeadership Team
Peter J Reisman
Managing Director, Chief Communications Officer
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