Assistant Vice President - Trade Finance (FI and Secondary Market) at Bank Of China
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

18 Jul, 25

Salary

0.0

Posted On

13 Jun, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Sales Skills, Communication Skills, Financial Institutions, It, Finance, Excel, Secondary Market, Powerpoint, Commercial Awareness

Industry

Financial Services

Description

Transaction Banking department is responsible for the product ownership of Corporate and Financial institution client’s Trade Finance, Commodity Finance, Cash Management, E-banking product as well as Corporate client’s Account, Payment, Deposit, overdraft services. As an Assistant Vice President - Trade Finance (FI & Secondary Market), you will be responsible for driving the growth of Trade Finance related business, including forfaiting, risk participation and Financial Institutions (FI) trade loan activities with a focus on increasing profitability and portfolio balance. You will also be responsible in overseeing the marketing, development and volume expansion of FI and Secondary Market-related Trade Finance products. This is a full time permanent position.

REQUIREMENTS

  • Degree educated in Banking, Finance or other equivalent
  • Solid experience in the FI Trade Finance business in Banking sector
  • In-depth technical knowledge of the secondary market and products, including forfeiting and risk participation, and trade loan to financial institutions
  • Comprehensive knowledge of the UK Financial Services Regulatory Framework including PRA Rulebook/FCA Handbook including relevant sourcebooks
  • Solid marketing and sales skills
  • Commercial awareness
  • Proficient in MS Office (Word, Excel, PowerPoint)
  • Excellent communication skills
  • Team player
    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
Responsibilities
  • Drive the sales and promotion of secondary forfaiting, risk participation, and FI trade loan businesses, delivering high-quality service to FI clients
  • Focus on enhancing customer satisfaction, expanding trade loan portfolios, and achieving KPI targets
  • Organise and participate in FI marketing activities and industry events
  • Oversee the daily management and execution of the above products, including developing and maintaining relationships with corresponding banks
  • Facilitate business offers, acceptance processes, and negotiations for Master Risk Participation (MRPA) and trade loan agreements
  • Conduct transaction due diligence, review risk mitigation measures, and ensure compliance with Anti-Money Laundering (AML) and Customer Due Diligence (CDD) requirements on corresponding banks
  • Process and check documents and agreement of forfeiting and risk participation transactions
  • Prepare statistical and regulatory reports when required
  • Liaise with other relationship managers in structuring and applying FI credit proposals for Head Office approval
  • Assist with developing new business and expanding country risk proposals and onboarding new FI clients
  • Collaborate with the Risk Management department to monitor country risk exposure and streamline transaction processing
  • Lead innovation and development initiatives for FI-related Trade Finance products
  • Continuously review and update product policies and procedures in alignment with Head Office and local regulatory guidelines
  • Assist relationship managers in carrying out post-lending management for Trade Finance related business
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