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Vice President - Credit Analyst

Location London
Department Credit Management
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

Credit Management department is the second line of defence (2LoD) credit function that is responsible to prepare risk assessment reports and credit recommendations in support of existing and new business for the Bank. As a Vice President - Credit Analyst, you will be responsible for ongoing monitoring of customers’ credit. You will support the 1LoD coverage in defining and enhancing business strategy for full alignment with the Bank’s risk appetite statements. You will develop robust credit practices between 1LoD and 2LoD for effective end-to-end credit management process. You will be managing the Due Diligence Team – Corporates. This is a full time permanent position.

Key responsibilities

  • Assess proposals submitted to Credit Management department from the Bank’s front office departments and write credit reports in respect of the business proposals. This includes research and evaluation of counterparty management, industry and transaction risk, financial accounts, cash flows and forecasts
  • Compose and update credit applications including waiver requests, limit renewals and proposals for new transactions
  • Attend Credit Committee to present a summary of the credit reports and answer any questions from the Committee members
  • Support 1LoD coverage in business strategy definition and in on-boarding new Financial Institutions and Corporate clients
  • Regularly monitor the risk situations of borrowers in an allocated portfolio as well as industry risks where particular responsibility for an industry has been allocated
  • Review and enhance select internal processes with a view to adopt a dynamic risk-based approach commensurate with the low risk profile of the Corporate portfolio
  • Develop and maintain financial models aimed at automating a number of tasks not limited to the collection of historic financials and various models aimed at monitoring credit and market signals
  • Ensure the compliance with departmental procedures manuals
  • Manage the CCMS approval process from start to completion and work with front office to manage time frames and expectations
  • Advise internal stakeholders on topics such as business strategy, product launches, portfolio management and monitoring
  • Promote engagement with Head Office and overseas branches on the coverage of the Corporate portfolio across Bank of China Group
  • Manage and supervise the team including individual allocated portfolio
  • Guide the team members to conduct the credit assessment and credit approval procedure

Requirements

  • Degree educated preferably in Finance, Business or Economics
  • Proven experience in managing large Corporates portfolio
  • Experience of Leveraged Finance and Project Finance would be an advantage
  • Relevant professional qualification is considered useful (e.g. ACIB, CFA, FRM)
  • Comprehensive knowledge of Banking products and risks associated with them
  • Comprehensive knowledge of legal documentation specific to Banking and CCP businesses
  • Demonstrated financial and modelling skills
  • Attention to details
  • Leadership skills
  • Team player
  • Highly organised and able to work in a fast paced environment
  • Excellent communication skills

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.  

We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through: 

  • access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute 

  • 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge 

  • regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network 

  • exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile 

  • developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme  

  • encouraging a “growth” personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week 

  • embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to “future-proof” your career 

  • promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions 

We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including: 

Celine Luo
Assistant Vice President, Financial Crime and Compliance

Bank of China is a great platform for everyone who wants to gain different knowledge and self-development. I started as a Junior Associate and had the opportunities to gain invaluable working experience in two different departments. I am happily working here, as an Assistant Vice President in the Financial Crime and Compliance department. I believe I will continue to grow here, not only in my career development but also in my personal wellbeing.

Daniel Shulakov
Senior Associate,
Credit Management

I joined Bank of China as a university graduate and I believe I have found the best place for me. From the first day my priority was always to learn. This was quickly recognised by my department, which provided me with the platform to grow, and my colleagues have been very helpful in the guidance they have provided me with along my journey. There are ample opportunities to grow with the Bank and it all depends on how much one would like to develop themselves.

Rita Cobbold
Vice President – Head of Customer Due Diligence, CFU Middle Office

I have been working at Bank of China for almost 8 years. In March 2022 I was promoted to VP - Head of Customer Due Diligence and I lead the CDD Unit. There are so many great things about working for the company. My favourite is probably the Bank’s commitment to identifying talent and nurturing them to develop into great leaders. The Bank embraces employees of all experience levels, backgrounds, and beliefs. They understand the value of a diverse team and make efforts to hire a variety of people. Working here has really enhanced my knowledge, my understanding of different cultures, leadership skills and a sense of direction for the future.

Ashley Watson
AVP – Security Operations & Risk Manager, General Administration

Over the past four years at Bank of China UK, I have had the opportunity to grow both professionally and personally in my role as the Security Operations and Risk Manager. My role involves safeguarding the bank’s operations through robust risk management and proactive security strategies. Every day brings new challenges, and the dynamic nature of the role keeps me engaged and motivated. One of the most rewarding aspects of working here is being part of a truly diverse and multicultural environment. Collaborating with colleagues from different backgrounds has broadened my perspective and enriched both my professional and personal experiences.

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