Trade Service - Supply Chain and Trade Finance ...

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.The incumbent will provide support to the team with the research, development, marketing for products of Supply Chain Finance, Factoring, Letter of Credit, LC discounting etc.Product Development and New Programs ClosingDevelop new trade finance products based on client or outside financial institutional needsDraft, review, and revise legal documentation for trade finance products and servicesDraft policy and procedures for new productsCommunicate legal issues with internal or external counsel when necessaryGo through the appropriate procedure for the new products if necessaryPrepare Credit Recommendation reports (CRR) together with relationship department and present to Credit Risk Subcommittee for approvalPrepare Head Office level Credit Recommendation reports with relationship departmentFollow up with clients for the KYC documents and transactional documentsCoordinate within TSD and with LCD if necessary to close the new programsMarketingPromote the Bank's Supply Chain Finance, Factoring, Letter of Credit, LC discounting according to department assignments and the bank’s strategyServe as a coordinator for client meetings and trade finance marketing eventsPrepare pitchbooks and other presentation materialsMeet prospective clients to perform due diligence and tailor products and services to meet the needs of both the customer and the BankServe as contact point for professional organizations that promote factoring productsMaintain relationships with corporate clientsMaintain and establish new relationships with financial institutions to support the bank, insurance companies, funds etc., and its clientsRespond to general customer enquiries about trade finance products and servicesClient Account Management and Operations SupportServe as chief contact point for communication with existing clients, coordinate with operation team and compliance team provide clients the product solutionMonitor Supply Chain Finance, Factoring, Letter of Credit, LC discounting etc. balance and repayment for the assigned accountsReview and assist with the collection process of overdue invoicesInstruct back office on policy and procedures for new factoring and supply chain finance productsProvide assistance in daily operations for related trade finance transactionsCheck edifactoring.com and send EDI messages for Factoring transactions if necessaryCompliance and Major Risks ControlFollow the Bank’s policy and departmental compliance and risk control procedures when developing new customer relationships and accept transactionsFollow the principles of the Bank’s risk appetite when developing new products and onboarding new customersSupport KYC team to conduct KYC and customer due diligence in accordance to Bank’s Policy and departmental KYC proceduresFollow the Bank’s new product management policy and procedures when develop new productsMonitor and control credit risk, performing post-lending in accordance to the requirements of the bank’s and departmental credit risks control procedures and post lending management proceduresDetect and escalate red flags and unusual activities to supervisor and the Middle DeskKeep abreast of compliance and regulatory requirements by attending BSA, AML, KYC and any other compliance or risk control seminars and trainingsSuccessfully complete all mandatory trainings on timeUpdate procedures respective to the function as needed or on an annual basis minimumResponsible for providing timely responses regarding internal/external Audits, assessments/Reviews, and respective remediation as neededReport any known deficiencies in bank systems and or bank/departmental process for consideration as a Management Self- Identified Issues (MSII); suspected fraudulent activity; accounting concerns; and/or security issuesAdhere to departmental and bank wide policies and procedures and strategies in daily activityExecute daily duties in a professional manner that would protect the Bank's reputationBachelor’s degree in business, finance, accounting or economics requiredMinimum 1 year of experience in Corporate Finance and Trade Finance requiredMinimum 1 year of experience in credit analysis and underwritingGeneral understanding in Trade Finance and Trade Services products, including Factoring and Supply Chain Finance, Letter of Credit, LC discountingBilingual in Mandarin preferredCDCS or FCI certificate preferredUSD $42,000.00 - USD $90,000.00 /Yr.

Created: 2025-09-06