Treasury Middle Office Department-Risk Control Associate

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.

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 business Coordinate with other departments to control the risk of global markets and treasury business Investigate violations and irregularities and ensure any breach of the risk limits are properly addressed, reported and documented

Perform market research, analyze market information and price movements, put forward suggestions Analyze and make suggestions on related risk control methods and risk indicators Assist with the review and dissemination of departmental Policy and Procedures Reports Prepare periodic business and risk analysis reports Prepare risk warning reports with regard to material risks and irregularities, including limit breaches

Follow market events and make timely/ad hoc analysis reports to the management and Head Office Prepare other research reports as assigned Business support Provide support on business data, user and function control of risk control systems Assist in developing and application of new business/product of the global markets and treasury business

Communicate and resolve issues/concerns with related departments Qualifications Bachelor’s degree is required, preferably in Finance, Accounting, or banking and investment related majors A minimum of 2 years of experience in the financial market business related field is required Solid understanding of the financial market products and related risk management is required

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 candidate’s relevant years of experience, skillset, education and other qualifications.

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