Treasury-Pricing, Capital and Governance AVP

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

2d•$65,000 - $150,000

About The Position

The Assistant Vice President is responsible for owning ALM sub-processes, executing peer reviews, trend reviews, Balance sheet analytics, and ALCO financial date reporting. This role also supports the analysis and presentation of economic capital management and product pricing analysis in alignment with applicable governance policies, as well as assist in presentations to the ALCO, regulators, and others as requested.

Requirements

Bachelor’s degree in business, accounting, computer science, economics, mathematics or other related fields is required, Master's Degree is preferred.
4 years of work experience in financial management and reporting, coordination and project management; and knowledge in banking products.
Expertise in reporting and reconciliation.
Ability to coordinate and project manage with both internal and external counterparties.
Deep understanding on the regulatory compliance in US banking industry.
Bilingual ability in Mandarin is highly preferred.

Responsibilities

Perform Asset and Liability analysis and optimization
Conduct periodic reporting/analysis on economic capital management (ECM) KPIs, coordinate and communicate with HO/business lines on performance evaluation.
Monitor and assess EC usage and relevant KPI targets.
Maintain ECM bank-wide procedure enhancement, periodical review and updates.
Perform sensitivity analysis to estimate bank NIM and profitability based on rate assumption for Ad-hoc ALCO.
Compile and report Branch’s financial data in Asset Liability Committee (ALCO) package for senior management
Report cross-border RMB account balances to regulators.
Perform analyses and reporting on systematic importance financial data breakdown by counterparty, maturity, county and etc. for HO regulatory reporting.
Identify existing process deficiencies and lead the team to further enhance the current process, e.g. reporting procedure, documentation and business process.
Perform the Treasury’s responsibilities regarding Banking book hedging according to BOCNY Procedure.
Coordinate projects, audits and exams
Support periodic ERA departmental self-assessment.
Assist in RCSA Risk and Control Self-Assessment framework.
Perform CDO data steward function within TRY to resolve data quality issues.
Assist in the remediation of IAD audit results and recommendations to ensure early completion of management action.
As Vendor Service Manager in TRY, review and maintain 3rd party vendor activities, plan and review.
Provide data and analyses per request from ERM, EO, LCD, LGO, SRD and HO.
Perform business management and support
Support ALCO Secretariat administrative function.
Assist Ad-hoc head office requests as assigned.
Compile departmental budgets for HO and Branch management on various aspects, such as PE, fixed assets, staffing etc.
Assist the administration for Intern and Consultant staff from recruiting, on-boarding, to performance review and compensation.
Support department training program and training vendor, as well as to liaison and setup the training session.