Treasury-Pricing, Capital and Governance AVP
Bank of China USA · New York, NY · 4 mo ago
Finance$65k/yrFull-time
Overview
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.
Responsibilities
- Perform Asset and Liability analysis and optimization
- Conduct periodic reporting/analysis on economic capital management (ECM) KPIs, coordinate and communicate with HO/business lines on performance evaluation.
- Maintain ECM bank-wide procedure enhancement, periodical review and updates.
- Perform sensitivity analysis to estimate bank NIM and profitability based on rate assumption for Ad-hoc ALCO.
- Compile and report Branch’s financial data in Asset Liability Committee (ALCO) package for senior management.
- Perform analyses and reporting on systematic importance financial data breakdown by counterparty, maturity, county and etc. for HO regulatory reporting.
- Identify existing process deficiencies and lead the team to further enhance the current process, e.g. reporting procedure, documentation and business process.
- Perform the Treasury’s responsibilities regarding Banking book hedging according to BOCNY Procedure.
- Coverage of projects, audits and exams.
- Support periodic ERA departmental self-assessment.
- Assist in RCSA Risk and Control Self-Assessment framework.
- Perform CDO data steward function within TRY to resolve data quality issues.
- Aid in the remediation of IAD audit results and recommendations to ensure early completion of management action.
- As Vendor Service Manager in TRY, review and maintain 3rd party vendor activities, plan and review.
- Provide data and analyses per request from ERM, EO, LCD, LGO, SRD and HO.
- Support ALCO Secretariat administrative function.
- Assist Ad-hoc head office requests as assigned.
- Compile departmental budgets for HO and Branch management on various aspects, such as PE, fixed assets, staffing etc.
- Support department training program and training vendor, as well as to liaison and setup the training session.
Qualifications
- Bachelor’s degree in business, accounting, computer science, economics, mathematics or other related fields is required, Master's Degree is preferred.
- 4 years of work experience in financial management and reporting, coordination and project management; and knowledge in banking products.
- Expertise in reporting and reconciliation.
- Ability to coordinate and project manage with both internal and external counterparties.
- Deep understanding on the regulatory compliance in US banking industry.
- Bilingual ability in Mandarin is highly preferred.
Pay
Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $65,000.00 - USD $150,000.00 /Yr.