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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)
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