ACG Resources
To Apply for this Job Click Here
Job Ref: 15109
Salary: $0 – $
Credit Risk Consultant Temp bilingual Chinese (Banking)
Located on-site in Manhattan
Responsibilities:
Prepare an accountability report, supported by the Account Management Function and the FLUs Account Officer
- Act as secretariat of LWC (facilitate meetings and prepare meeting minutes).
- Communicate with Head Office and respond to Head Office requests.
- Provide internal, external audit, loan review, regulatory exam response, and document request
- Prepare Head Office reports, assisted by the Account Management Function and FLUs Account Officer.
- Perform discounted cash flow (DCF) analysis and scenario modeling to assess loan recovery values, then propose the LGD value under IFRS9.
- Assess the assumptions of credit loss (ACL / CECL) implications for distressed loans then propose to Loan Workout Committee’s approval.
- Prepare detailed partial charge off memoranda based on the Impairment analyses for the Allowance for Credit Losses (ACL) methodology must conform with ASC 326-20 for appropriate and timely loss recognition for collateral dependent loans.
Requirements:
- Experience: 3–5 years of relevant experience
- Education: Master’s degree in Accounting, Economics, or a closely related field
- Core Competencies:
- Strong foundation in financial accounting, financial statement analysis, and corporate finance
- Experience with cash flow modeling, valuation techniques, and credit risk assessment
- Solid background in credit risk management and due diligence, including written credit risk synopses or loan portfolio reporting
- Industry & Regulatory Knowledge:
- Knowledge of U.S. banking, credit risk management, and regulatory frameworks (preferred)
- Experience in corporate banking and credit analysis
- Well-rounded credit risk/due diligence experience from multiple banks
- Familiarity with legal concepts and loan agreement
- Language Requirements:
- Bilingual proficiency in English and Chinese (strong oral and written skills)
- #acgresourcesjobs
For more jobs like this