Associate, Enterprise Credit, Shanghai

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

• Credit coverage of a portfolio of local corporate accounts. Expected to be able to lead, coordinate and manage the process for administration of credit facilities to this portfolio.
• Participate in the decision to commit the bank's resources and prepare Credit Approval Memoranda.
• Recommend credit facilities within designated limits after ensuring that they adhere to the bank's credit policy guidelines & comply with internal / external regulations.
• Evaluate the performance of the client through analysis of the business, industry position, economic conditions, financials (balance sheet / financial ratios/ cash flows) etc. Complete financial spreads, prepare and review financial projections. Analyst is expected to build extensive knowledge of each client.
• Monitor individual credit takers on an ongoing basis & provide crisp, concise analytical feedback.
• Responsible for accuracy of internal risk ratings and ongoing tracking of credit quality, with the objective of improving the credit quality of the portfolio managed by the associate.
• Work closely with business partners to generate adequate financial returns for the bank from the assigned portfolio.
• Work to achieve satisfactory ratings in internal / external credit examinations.
• Liaise with documentation group and other support functions such as legal, compliance and finance on credit related matters affecting the assigned portfolio.

• Candidate should have strong academic credentials, with a degree in Business Administration, Accounting or related disciplines.
• 4 years plus experiences in credit risk analysis, loan structuring and account management in a corporate banking environment.
• Experience in credit risk analysis of PRC-based corporations, and knowledge of basic trade finance as well as foreign exchange products.
• Must possess solid analytical and technical capabilities and a demonstrated ability to broadly apply these skills in a corporate banking context.
• Team player, results-oriented and shows ability to adapt.
• Willingness and ability to express opinions and work in a high pressure environment.
• Demonstrated ability to deal with multiple priorities and business partners at the same time, and across different geographical locations and time zones.
• Proficient in PC knowledge and familiar with MS Word, Excel and PowerPoint.
• Fluency in both written and spoken English and Mandarin essential