VP, RELATIONSHIP MANAGER (FINANCIAL INSTITUTIONS) – MUST SPEAK CHINESE – NYC, NY, USA – # 3949

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.

JOB DESCRIPTION:

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.

RESPONSIBILITIES INCLUDE:

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

QUALIFICATIONS:

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 info@indemand.ca.

ONLY QUALIFIED CANDIDATES WILL BE CONTACTED