Financial Management Department-Financial Management Associate/AVP

Bank of China Limited, New York BranchNew York, NY
$45,000 - $150,000

About The Position

This role is within the Financial Management Department and involves preparing and analyzing financial performance reports, assisting with monthly financial analysis, tracking Head Office (HO) performance results, and communicating these to other departments. The position also entails monitoring operational risks within the Financial Management Department (FMD), compiling HO surveys, providing financial data support to business units, and maintaining departmental data records.

Requirements

  • Bachelor’s degree of Accounting or Finance required.
  • 1-3 years of relevant work experience in banking and financial services industry is required (for Associate level).
  • 4+ years of relevant work experience in banking and financial services industry is required (for AVP level).
  • Basic knowledge of financial trends both within the company and general market patterns.
  • Pertinent company codes and policies; personnel processes; program planning and development; audit procedures; and regulatory policies and laws.
  • Understanding of Asset Liability Management, Financial Reporting Models, Regulatory Reporting, and Compliance knowledge of banking industry.
  • Microsoft Word, Excel, Access, PowerPoint, Outlook, Bloomberg, SQL, VBA.
  • Efficient critical thinking and problem solving skills.
  • Bilingual in English and Chinese is required.

Responsibilities

  • Prepare and analyze financial performance daily reports.
  • Prepare Major Event Reports and Monthly Business Performance Review.
  • Prepare HO monthly expense management report.
  • Maintain and update the BOC US Branches head office regulatory statistical report policies.
  • Prepare the FMD head office regulatory statistical reports in accordance with head office regulatory requirements.
  • Coordinate the bank’s head office regulatory statistical reporting process.
  • Organize and manage FMD report data and statistical information, ensuring proper preparation and filing.
  • Coordinate the bank’s head office regulatory statistical reports.
  • Prepare and coordinate the annual inspection of the head office regulatory statistical report quality, as required by the head office.
  • Coordinate, collect, review, and submit the head office's “Commitment to Data Quality of Key Offsite Regulatory Indicators.”
  • Collect and monitor financial performance indicators from Head Office, present organized information to different departments, initiate effective inter-department communications, and track progresses.
  • Assist in identifying differences among financial performance evaluations.
  • Compile HO request.
  • Account office code maintenance.
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