Global Markets Department-Product Associate - Bank of China
New York, NY 10018
About the Job
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:This Associate job is to provide support to product team in assisting achieve team goals. This incumbent is subject to KPI evaluation.
Responsibilities:Include but not limited to
Marketing and Sales
- Prepare marketing materials
- Generate thematic written business research
- Interpret high-frequency economic data in the U.S. and China
- Assist to identify hedging opportunities in FX derivatives and other products
- Follow up all business needs with RMs to better support their clients
- Provide support to team in daily routine work
- Act as back up of designated team
Product Management
- Participate in the enhancement of product offering to promote business growth
- Assist in the new product development to satisfy client's hedging demand
Risk Management and Compliance
- Adhere and facilitate legal documents and onboarding process related to traded products
- Comply with all applicable laws and regulations regarding anti-money laundering, BSA, OFAC, Dodd-Frank framework, Volcker rule, etc.
- Collaborate with Middle Office and Back Office to ensure risk control and facilitate accurate deal booking and timely settlement
Research
- Perform analysis and participate in assigned research project
- Monitor, update and facilitate research information for client/ internal presentations
- Participate in special projects and/or other duties as assigned
- Conduct assigned reports or research analysis
- Bachelor’s Degree required
- Minimum 1-3 years of Financial Markets experience
- Knowledge in FX, RMB, interest rate and other hedging products
- Bilingual ability in Mandarin is preferred, but not required
Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.