Back to search results

Officer, Operations Analyst

Guangzhou, , China

Job Description:

About Bank of America:

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the World

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Position Description

Global Trade-Exposure Management (GTEM) is the central global resource for Trade Finance limit allocation related activity. We are a global team with associates in the United States, Hong Kong and China.  GTEM Risk Specialists manage the allocation and monitoring process for over 800 trade finance facilities for correspondent banks in 83 countries. Due to the ever changing trends in trade business, new control procedures continue to be developed within this function to ensure trade finance risks are mitigated. Such development is coordinated with Credit Management, Trade Product and simultaneously seeks to facilitate objectives of FI Relationship Managers. Thus GTEM serves as a central clearing house allocating limits to booking units and ensuring trade finance facility usages/pricing are appropriate for the risk reward along with advising management on complex issues and business analyses

Key Responsibilities

  • Support the global trade partners to escalate, control and mitigate trade finance risk
  • Provide efficient turnaround on requests for correspondent bank credit approval on trade transactions
  • Facilitate GTEM system database updates on limits and pricing
  • Digest complex issues and develop creative solutions
  • Provide routine and ad-hoc reporting to support trade in managing and growing the business
  • Perform reconciliation of data between different system of records
  • Perform LoanIQ in and out credit allocations

Requirements

  • Bachelor degree or above.
  • 5 years (or above) of working experience in financial industry. International trade / international business related working experience is preferable.
  • Fluent in English speaking, accurate and effective in English writing.
  • Attention to details, with critical thinking and strong problem solving skill.
  • Good communication skill, can influence people with positive impact, can handle difficult conversation.
  • Good team work spirit, proactively share workload among teams and support each other, able to build up and maintain good relationship with business partner in other Line of Business.
  • Be flexible and adaptable to the change, with strong commitment with positive and proactive attitude towards challenge.

Key Requirements

  • Have knowledge in Global Trade Finance (Letter of Credit, Standby, Trade Loans, etc) with expectation of becoming an expert over time
  • Basic understanding of credit approvals and allocations  
  • Strong computer skills with intermediate level in Excel a must to support reporting and perform data analysis
  • Strategic thinking and detail oriented: Pay close attention to details is a must to ensure the accuracy of each trade transaction and being able to research on up to date information to make a prudent decision on transaction approvals
  • Excellent interpersonal skills with strong ability to influence: Building a strong relationship with business partners is a key to make strategic decision on transaction approvals, develop new risk control procedures and ensure appropriate for the risk reward
  • Able to work flexible hours to support holidays and other regional hours

Desired Skills (if any)

  • Experience in reading Credit Approval Memorandum
  • Experience with Microstrategy reporting platform
  • Experience with Credit Reporting Platform
  • Experience with LoanIQ
  • UAT/ QA testing
  • Background in operational risk

Job Band:

H6

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

About Bank of America:

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the World

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Position Description

Global Trade-Exposure Management (GTEM) is the central global resource for Trade Finance limit allocation related activity. We are a global team with associates in the United States, Hong Kong and China.  GTEM Risk Specialists manage the allocation and monitoring process for over 800 trade finance facilities for correspondent banks in 83 countries. Due to the ever changing trends in trade business, new control procedures continue to be developed within this function to ensure trade finance risks are mitigated. Such development is coordinated with Credit Management, Trade Product and simultaneously seeks to facilitate objectives of FI Relationship Managers. Thus GTEM serves as a central clearing house allocating limits to booking units and ensuring trade finance facility usages/pricing are appropriate for the risk reward along with advising management on complex issues and business analyses

Key Responsibilities

  • Support the global trade partners to escalate, control and mitigate trade finance risk
  • Provide efficient turnaround on requests for correspondent bank credit approval on trade transactions
  • Facilitate GTEM system database updates on limits and pricing
  • Digest complex issues and develop creative solutions
  • Provide routine and ad-hoc reporting to support trade in managing and growing the business
  • Perform reconciliation of data between different system of records
  • Perform LoanIQ in and out credit allocations

Requirements

  • Bachelor degree or above.
  • 5 years (or above) of working experience in financial industry. International trade / international business related working experience is preferable.
  • Fluent in English speaking, accurate and effective in English writing.
  • Attention to details, with critical thinking and strong problem solving skill.
  • Good communication skill, can influence people with positive impact, can handle difficult conversation.
  • Good team work spirit, proactively share workload among teams and support each other, able to build up and maintain good relationship with business partner in other Line of Business.
  • Be flexible and adaptable to the change, with strong commitment with positive and proactive attitude towards challenge.

Key Requirements

  • Have knowledge in Global Trade Finance (Letter of Credit, Standby, Trade Loans, etc) with expectation of becoming an expert over time
  • Basic understanding of credit approvals and allocations  
  • Strong computer skills with intermediate level in Excel a must to support reporting and perform data analysis
  • Strategic thinking and detail oriented: Pay close attention to details is a must to ensure the accuracy of each trade transaction and being able to research on up to date information to make a prudent decision on transaction approvals
  • Excellent interpersonal skills with strong ability to influence: Building a strong relationship with business partners is a key to make strategic decision on transaction approvals, develop new risk control procedures and ensure appropriate for the risk reward
  • Able to work flexible hours to support holidays and other regional hours

Desired Skills (if any)

  • Experience in reading Credit Approval Memorandum
  • Experience with Microstrategy reporting platform
  • Experience with Credit Reporting Platform
  • Experience with LoanIQ
  • UAT/ QA testing
  • Background in operational risk

Learn more about this role

Full time

JR-22001645

Band: H6

Manages People:

Manager:

Talent Acquisition Contact:

William Xu

Referral Bonus:

0

Street Address

Primary Location:
No. 5 XIANCUN ROAD, Guangzhou, 510623