Jobs · Finance · New York

Treasury Middle Office Department-Risk Control Associate

Bank of China USA · New York, NY · 1 wk ago
Finance$42k/yrFull-time
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. Overview The incumbent will assist in monitoring, controlling and reporting the related risks of the Branch’s Global Markets and Treasury business, analyzing market information and price movements, putting forward suggestions as to the risks. Also, S/he will be responsible for reviewing routine reports, conducting other tasks assigned by the head of department, etc. Responsibilities Include but are not limited to: Risk Control Monitor and control related risks in the global markets and treasury businessCoordinate with other departments to control the risk of global markets and treasury businessInvestigate violations and irregularities and ensure any breach of the risk limits are properly addressed, reported and documentedPerform market research, analyze market information and price movements, put forward suggestionsAnalyze and make suggestions on related risk control methods and risk indicatorsAssist with the review and dissemination of departmental Policy and Procedures Reports Prepare periodic business and risk analysis reportsPrepare risk warning reports with regard to material risks and irregularities, including limit breachesFollow market events and make timely/ad hoc analysis reports to the management and Head OfficePrepare other research reports as assigned Business support Provide support on business data, user and function control of risk control systemsAssist in developing and application of new business/product of the global markets and treasury businessCommunicate and resolve issues/concerns with related departments Qualifications Bachelor’s degree is required, preferably in Finance, Accounting, or banking and investment related majorsA minimum of 2 years of experience in the financial market business related field is requiredSolid understanding of the financial market products and related risk management is requiredFamiliarity of Bloomberg and other platforms is preferredKnowledge of the front to back operations process, financial instruments and products (Foreign exchange, money market, Fixed Income, Interest Rate Swap, Repo, etc…) is preferredProficiency in SQL, VBA and Python is a plusCFA or FRM is not required but preferredBilingual abilities in English and Chinese are highly preferred 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.

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