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 clientswith 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:
*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.
The incumbent will assist in monitoring, controlling and reporting the related risks of the Branchs 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 manage risks associated with global markets and treasury operations
- Investigate violations and irregularities, ensuring that breaches of risk limits are promptly addressed, reported, and documented
- Conduct scenario analysis and stress testing to assess the potential impact of adverse market conditions on portfolio performance. Work with investment teams to devise suitable risk mitigation strategies
Risk Reports
- Generate routine reports and assist in producing ad hoc business and risk analysis reports for management and Head Office
- Monitor market trends, news, and events to evaluate potential impacts on the fund's portfolios, identify emerging risks, and deliver timely insights to senior management and investment teams
- Create risk warning reports and notices
- Gather credit rating changes, market trends, and interest rate information related to counterparties and clients, and report findings to the department head
- Develop regular risk reports and presentations for senior management and investment committees, effectively communicating key risk metrics, trends, and insights to facilitate informed decision-making
Qualifications:
- Bachelors degree is required at the time of hiring, preferably in Finance, Accounting, or banking and investment related majors
- Internship experience in the financial market business related field is preferred
- Solid understanding of the financial market products and related risk management is preferred
- Familiarity of Bloomberg and other platforms is preferred
- Knowledge of the front to back operations process, financial instruments and products (Foreign exchange, money market, Fixed Income, Interest Rate Swap, Repo, etc.) is preferred
- Proficiency in SQL, VBA and Python is a plus
- CFA or FRM is not required but preferred
- Bilingual abilities in English and Chinese are highly preferred
Pay Range
Actual salary is commensurate with candidates relevant years of experience, skillset, education and other qualifications.
:USD $50,000.00 - USD $70,000.00 /Yr.