Senior Vice President, Global Trade Services (Factoring)

Responsibilities:

• Lead a team to partner with Relationship Managers in identifying, structuring, and acquiring corporate clients to expand the Bank’s factoring portfolio.

• Collaborate with internal stakeholders, such as Sales, Risk, Legal, Finance, Operations teams, to establish receivables finance product guidelines compliant with the Bank’s policy, regulatory requirements, and market best practices.

• Assist in reviewing factoring credit proposals, designing and implementing new product governance frameworks.

• Liaise with solicitors to prepare factoring-related documents such as factoring agreements, facility letters, etc.

• Ensure the team comply with all external regulations and internal policies, including compliance and credit risk management.

• Coach team members on deal structuring and client negotiation.

• Lead and actively participate in bank-wide and departmental initiatives (e.g. system projects).

Requirements:

• Degree holder in Finance, Economics, Business Administration or related discipline

• Minimum 15 years of relevant experience in factoring/receivables finance

• Holder of Enhanced Competency Framework on Credit Risk Management (ECF-CRM) preferred

• Self-motivated, independent and able to work under pressure with strong risk management skills

• Strong service and sales orientation with good communication, interpersonal and analytical skills

• Proficiency in both written and spoken English, Chinese and Putonghua