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 Associate assists with the departments assessment, identification and monitoring of risks.
Responsibilities:
Include but not limited to:
Risk Control Operation
- Assist with completing the departments risk assessments (e.g. RCSA, KRIs, ERA and other assessments)
- Assist with the identification and monitoring of risks related to the department
- Report any inconsistencies/concerns when monitoring of risks to supervisor
- Assist to respond to Independent risk management and third line of defense about risk control or any related inquiry
- Conduct quality assurance evaluation to all banking processes
- Assist in reviewing policies and procedures and providing recommendations
- Assist in workflow process review and revision
- Assist in preparing and coordinating regulatory and internal audit examinations
- Research and respond to information or inquiry requests from regulatory or other government entities
- Assist in monitoring and ensuring the closing and resolution of any departmental audit and compliance issues
- Assist with administration of risk control related training programs to all department employees
- Keep abreast of risk information and regulatory updates by attending trainings, seminars, workshops and reading informational materials
- Assist in special projects and tasks for the department as directed
Qualifications:
- Bachelors degree in Business or related field is required; Masters degree or above is preferred
- 1-3 years of work experiences in banking business and risk management
- Strong interpersonal, communication (written and verbal), and organizational skills;
- Ability to work independently, as well as collaboratively within a team environment;
- Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators and examiners while maintaining strict confidentiality;
- Strong decision making, analytical and investigative abilities with attention to detail and accuracy;
- Proficient in Microsoft Office Suite (Word, Excel).Adequate knowledge of BSA, AML, US Patriot Act, OFAC, CIP Regulations and consumer compliance;
- General knowledge and understanding of bank deposit operations, lending activities, and other related commercial banking and compliance functions
- Risk management related certifications preferred
- Bilingual ability in Mandarin (verbal & reading proficiency) is required
Pay Range
Actual salary is commensurate with candidates relevant years of experience, skillset, education and other qualifications.
:USD $42,000.00 - USD $90,000.00 /Yr.