Global Markets Department-Product Associate

Bank of China Limited, New York Branch•New York, NY

10d•$42,000 - $90,000

About The Position

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 This Associate job is to provide support to product team in assisting achieve team goals. This incumbent is subject to KPI evaluation.

Requirements

Bachelor’s Degree required
Minimum 1-3 years of Financial Markets experience
Knowledge in FX, RMB, interest rate and other hedging products

Nice To Haves

Bilingual ability in Mandarin is preferred, but not required

Responsibilities

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
Participate in the enhancement of product offering to promote business growth
Assist in the new product development to satisfy client's hedging demand
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
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