Strategy and Research Department Intern

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

29d • $18 - $18

About The Position

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 help the research team innovateand maintain the existing research products, but also facilitate the research development on the quantitative side.

Requirements

• Bachelor’s degree required. Master’s degree is a plus but not required; Economics, Computer Science, Mathematics, Statistics or Financial engineering related major preferred
• Intermediate understanding in coding languages including but not limited to SQL/R/Python/Java/C++
• Basic knowledge in research required; Experience in global FICC esp. fixed income and interest rate is preferred
• Basic writing skills and knowledge in macro are a must
• Bilingual ability in Mandarin and English is a must
• Interpersonal and communication skills (written and verbal) is a must
• Ability to collaborate with team members on research projects is a must
• Solid work ethic and high levels of motivation is a must
• Understanding in banking industry (US) or previous equity research experience with financial institutions is preferred

Responsibilities

• Generate unique, thematic written research on a monthly/bimonthly/quarterly and annually basis based on current affairs, client interest and BoC NY research pipeline; Help maintain existing products and contribute to develop future research products
• Work closely with other teams to help run and develop analysis/ metrics such as analysis of market event and develop possible pipeline for future research
• Curate and edit content for style and clarity as assigned, design document templates, formats, and infographics
• Interpret and comment on banking metrics of companies under the team’s coverage
• Create slides by leveraging multiple data sources for BoC’s related conferences/ events (e.g. SBDC, ALCO, etc.); Prepare and provide slides for 4 major banks, 2 investment banks with coverage in: 1) operating metrics (topline, bottom line, NII, important ratios, etc.)2) visualization of selected data points 3) summary of latest quarter and forecast of next quarter + 2H24 4) transcript ofthis part for speaker
• Conduct Ad-hoc research projects and prepare speech notes etc. assigned by senior management of BOCNY or HO.
• Assist US banking industry analysis to HO with scope including: 1) the sector’s resilience and adaptability, with institutions focusing on enterprise-wide transformation to enhance operational efficiency and customer engagement; 2) seasonal earnings report from 4 major banks, 2 investment banks and~5 regional banks; 3) regulatory environment change and related risks analysis along with ; 4) technological advancement and integration
• Coordinate and collaborate cross-team with Strategy Research Team for related SRD research publications esp. tasks related corporate-wide initiatives and best practice(s) in industry

What This Job Offers

• Career Level: Intern