Job Description

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

This Associate job is to provide support to product team in assisting achieve team goals. This incumbent is subject to KPI evaluation.

Responsibilities

Include but not limited to

Marketing and Sales

Prepare marketing materials
Generate thematic written business research
Interpret high-frequency economic data in the U.S. and China
Assist to identify hedging opportunities in FX derivatives and other products
Follow up all business needs with RMs to better support their clients
Provide support to team in daily routine work
Act as back up of designated team

Product Management

Participate in the enhancement of product offering to promote business growth
Assist in the new product development to satisfy client's hedging demand

Risk Management and Compliance

Adhere and facilitate legal documents and onboarding process related to traded products
Comply with all applicable laws and regulations regarding anti-money laundering, BSA, OFAC, Dodd-Frank framework, Volcker rule, etc.
Collaborate with Middle Office and Back Office to ensure risk control and facilitate accurate deal booking and timely settlement

Research

Perform analysis and participate in assigned research project
Monitor, update and facilitate research information for client/ internal presentations
Participate in special projects and/or other duties as assigned
Conduct assigned reports or research analysis

Qualifications

Bachelor’s Degree required
Minimum 1-3 years of Financial Markets experience for Associate level; Minimum 4 years of Financial Markets experience for AVP level
Knowledge in FX, RMB, interest rate and other hedging products
Bilingual ability in Mandarin is preferred, but not required

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $42,000.00 - USD $90,000.00 /Yr.

About Bank of China USA

Bank of China (BOC) is one of the largest banks in the world, with more than $3 trillion in assets and a footprint that spans over 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in corporate or personal banking or our trade services, commodities, financial institutions and global markets lines of business.

Bank of China was the first Chinese bank to establish operations in the U.S., and now, empowered by our global network and market-leading services, BOC U.S.A.’s clients can build robust partnerships and enter new markets with confidence.

BOC U.S.A. specializes in corporate lending, trade services, global markets and currencies, U.S. Dollar clearing and personal banking, by creating premium solutions for Chinese companies operating in the U.S., Fortune 500 companies, U.S. home-grown enterprises, financial institutions, and high net-worth individuals. Our expertise and global leadership in RMB settlement, clearing and trading, combined with our unparalleled insights make us the go-to bank for those looking to access the world’s second largest economy.

We are also committed to helping the U.S. communities we serve, whether in their time of need or on a regular, everyday basis. We partner with local leaders and organizations to provide financial education in innovative ways and enrich cultural ties between the U.S. and China.

To learn more about Bank of China U.S.A., visit https://www.bocusa.com.

To learn more about recruitment at Bank of China U.S.A, you can visit https://www.bocusa.com/careers.

Industry

Finance & Insurance

Company Size

201-500 employees

Headquarters

New York, NY

Year Founded

1981

Website

bocusa.com

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