Credit Manager (Due Diligence) - Sydney Cbd

Company: Bank of China (Fortune 500 Bank)
Position: Credit Manager 
Team: Due Diligence Team
Department: Risk Management
Location: Sydney CBD
Term: This is a Two Year Maximum Term Contract, with the possibility of becoming an on-going role after contract period has ended.
Interviews: Interviews may be conduct via phone or video conference.
Closing Date For Applications: 21/2/2024
Agencies Please Note: This role is being managed by Bank of China's Talent Acquisition Team. We will reach out to our preferred agency partners in the instance we require additional talent options. Your respect for this process is appreciated.
 

About Us

Bank of China, include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions, providing a comprehensive range of high-quality financial services to individual and corporate customers as well as financial institutions worldwide. Over the past century, Bank of China played an important role in China’s financial history. It was established in 1912 pursuant to the approval of DR. Sun Yat-sen. In the following 37 years the Bank served as the central bank, international exchange bank and specialized foreign trade bank successively. In 1949, Bank of China became the state-designated specialized foreign exchange bank. In 2003, it was named by the State Council as one of the pilot banks for joint-stock reform of wholly state-owned commercial banks. On August 26, 2004, Bank of China Limited was formally incorporated in Beijing as a state-controlled joint stock commercial bank. Bank of China is the most internationalized commercial bank in China. BOC London Branch, the first overseas branch of the Chinese banks, was established in 1929. Currently, it had over 10000 domestic operations and over 600 overseas operations. In 1994 and 1995, Bank of China became the note issuing bank in Hong Kong and Macao respectively. The Bank prepared a new strategic development plan which was approved by the Board of Directors in March 2009. Strategic Positioning: To be a large multinational banking group based on a diversified and integrated cross-border business platform, with a core business of commercial banking. Strategic Goals: To be a leading international bank delivering growth and excellence.

In Australia

Bank of China Limited Sydney Branch was established in 1942 and was the first Chinese bank to establish operations in Australia. Since resuming banking operations in Australia in 1985, Bank of China, (including Bank of China Limited and Bank of China (Australia) Limited) has dedicated itself to promoting the Australia-China trade and economic relationship. Building on decades of local market financial experience and expertise, Bank of China has built a fast and highly efficient global service network supplying a diversified range of financial products. Bank of China offers a comprehensive range of financial products, and to date is the only Chinese bank operating in Australia holding a licence to deal with both retail and wholesale customers.

Your responsibilities will include, but are not limited to:

• Credit risk assessment of various transaction types including M&A, Project, Leveraged and Trade finance, as well as general funding requirements, for corporate and financial institutions
• Industry coverage across diversified sectors including infrastructure, energy, mining, real estate, financial institutions and natural resources
• Preparation and presentation of credit Due Diligence reports, rating recommendations, risk alert assessments and on-going monitoring of credit performance
• Liaise with business functions to facilitate credit application and approval process
• Providing guidance to ensure appropriate action is taken to mitigate any potential risks associated with customers , industry sectors and transaction structures
• Other credit related tasks assigned from the bank’s management from time to time

Required Skills/Experience: 

• Tertiary qualified with at least 5 years of experience in structured transactions, preferably analytically related
• Ability to write comprehensive Due Diligence report including but not limited to analysing company business model, assessing cash flow, constructing financial models, undertaking basic industry comparative studies and making appropriate counterparty and transactional recommendations
• Good knowledge of banking products
• Strong knowledge in project and structured finance
• Excellent proficiency in MS Office especially Excel skills
• Excellent verbal and written language ability in both English and Chinese (e.g. Mandarin)
• Independent, strong decision making skills and able to identify risks with reasonable solutions provided

Snapshot of Benefits:

• Competitive Salary
• Meal Allowance
• Healthcare Allowance
• Transport Allowance
• 11.5% Superannuation
• 17% Leave Loading
• Birthday Gift
• Milestone Recognition Awards
• Product Discounts
• Employee Assistance Program