Global Markets Department-Product Associate/AVP
Bank of China USA · New York, NY · 2 wk ago
OTHR$42k/yrFull-time
Overview
This Associate job is to provide support to product team in assisting achieve team goals. This incumbent is subject to KPI evaluation.
Responsibilities
- Marketing and Sales
- Prepare marketing materials
- Generate thematic written business research
- Interpret high-frequency economic data in the U.S. and China
- Auxiliary to identify hedging opportunities in FX derivatives and other products
- Follow up all business needs with RMs to better support their clients
- Support the team in daily routine work
- Act as backup of designated team
- Product Management
- Participate in the enhancement of product offering to promote business growth
- Auxiliary to 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
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.