IN DEMAND Recruitment & Consulting Inc. is currently recruiting for a VP, RELATIONSHIP MANAGER (FINANCIAL INSTITUTIONS) – MUST SPEAK CHINESE for our New York City, NY client.
Our client is one of the largest Asian-based commercial banks in wholesale banking. They are seeking a VP, Relationship Manager (Financial Institutions) for their New York branch.
Develop, manage and maintain business relationships with banks and non-bank financial institutions
Promote bank products and services to financial institutions
Work with other financial institutions to increase funding sources and asset portfolio
Coordinate with other functional departments to deliver business products and solutions to improve client’s performance (total assets and income)
Achieve designated business targets through developing and managing a portfolio of corporate accounts
Manage vostro accounts and foreign currencies and nostro accounts with other correspondent banks including, Head Office and the client’s Chinese Bank
Conduct research on development and trend of local and international financial markets, and analyze macro-economic policies
Develop and enhance financial products/transactions which can be promoted to financial institutions
Collaborate with WBD, deposit, operational, and other related functional departments to deliver timely business opportunities and solutions to financial institutions located in the U.S., mainland China and other countries (if necessary)
Update, prepare, and maintain meeting memos, marketing materials, monthly industry reports, and financial institution related manuals
Coordinate with local legal counsels to ensure compliance with regulatory requirements
Keep up to date with bank policies and handle issues independently
Compile required documents, and conduct KYC/CDD and due diligence in response to updates in banks and trading counterparts.
Create and maintain files of financial institution customers, and maintain financial institution database and related listing
Handle and assist with other duties as assigned
Manage and develop business relationships with correspondent banks, including establishing, reviewing and renewal of trading limits and counter-party lines of credit
Must be fluent in English, Cantonese and/or Mandarin
5+ years of relationship management experience handling a portfolio of corporate accounts in one business sector: (FI) Financial Institutions
Recent corporate banking experience from a large commercial bank, either US or Asian based
Bachelor degree or equivalent education.
Understand industry and market developments relating to corporate banking
Understand the Bank’s policies, governance frameworks, procedures, practices, standards and applicable local and regional regulations to ensure quality, effective risk management and regulatory compliance.
Solid credit analysis skills and ability to make recommendations & sound judgment
Excellence communication skills, both written and verbal.
Able to work independently and also support others within the team
Able to travel and work extended hours as required to attend business functions and/or process credit applications.
Qualified and interested applicants are encouraged to apply today in confidence by sending your resume as a MS Word Document to firstname.lastname@example.org.
ONLY QUALIFIED CANDIDATES WILL BE CONTACTED