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Bank of China USA

Runs cross-border banking between the US and China

Human Resources Performance Management Associate

Full-TimeDeadline 9/10/27
$42k - $90k/yr
Junior
Bachelor's, Master's
New York, NY, USA
In Person
People & HRCompensation & Benefits

About the job

Requirements
  • A bachelor's degree is required.
  • At least one year of human resources-related experience is required.
  • Advanced-level skills in Outlook, Word, Excel, and PowerPoint are required.
  • Knowledge of performance management, incentives, promotion, and human resources legal and regulatory requirements and related updates is required.
  • Bilingual proficiency in English and Chinese Mandarin is required.
  • Communication, interpersonal, relationship management, time management, and organizational skills are required.
Responsibilities
  • Implement activities and initiatives across the full performance management cycle, including target setting and planning, coaching and communication, evaluation and feedback, rewards, and improvement.
  • Manage the Bank’s Teamwork and Service PE system, including preparing and implementing it and analyzing statistical results.
  • Update and disseminate performance management and related policies and procedures.
  • Assist the supervisor with tasks to meet regulatory and compliance requirements.
  • Maintain performance management records and respond to internal and external audits.
  • Prepare performance management training materials and follow up on training processes and reports.
  • Perform routine department and branch liaison, team collaboration, employee communication, and workflow execution.
  • Participate in special projects and perform other assigned duties.
  • Execute the Bank’s incentive programs, including bonuses, salary adjustments, and promotions.
  • Prepare annual bonus pool calculations, bonus allocation reports, and bonus communication materials.
  • Support and coordinate promotion and compensation-related programs.
  • Update and review incentive-related procedures.
  • Respond to employee inquiries about incentives.
  • Participate in personnel expense programs, including annual and periodic projections, expense allocation, accrual and release, and year-end closures.
  • Analyze personnel expense data and make expense proposals to support management decisions.
  • Maintain personnel expense records and track Bank and department or branch expenses to ensure they remain within budget.
  • Facilitate and coordinate Bank events as required.
  • Prepare reports, including annual reports, meeting minutes, and proposals.
  • Facilitate communication between Head Office and local branches.
  • Participate in and conduct ad hoc projects as needed.
Desired Qualifications
  • A master's degree is preferred.

About the company

Bank of China USA, the US branch network of Bank of China, handles banking between the United States and China for companies, financial institutions, and wealthy individuals. It was the first Chinese bank in the United States and uses its parent's global network to connect clients with overseas banking services. Chinese companies operating in the US and Fortune 500 firms use it for corporate loans, trade finance, currency trading and cross-border cash management, paying interest and service fees, while individuals use its personal banking. The US network dates to 1981, when Bank of China, founded in 1912, reopened its operations with a branch in New York, where the US business is based.

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1981

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Simplify's Take

What believers are saying

  • BOCUSA's August 2026 Beijing and Shanghai sessions drew nearly 30 client institutions, reinforcing its cross-border sales channel.
  • BOCUSA describes employee youth mentoring with one-to-one meetings every two weeks during the school year.
  • BOCUSA says over 90% of clients are U.S.-based, anchoring its customer relationships in the American market.

What critics are saying

  • BOCUSA's Queens compliance roles allocate 50% to regulatory controls and 45% to account review and transaction monitoring.
  • BOCUSA's Chicago and Los Angeles deposits lack FDIC insurance, leaving that funding outside the U.S. deposit-guarantee system.
  • BOCUSA's federal branches need not report regulatory income, limiting standard comparisons of U.S. branch profitability.

What makes Bank of China USA unique

  • Bank of China USA is one of two banks designated for yuan clearing in the United States.
  • BOCUSA's New York branch handles CME futures-exchange payments in dollars and yuan, with overnight credit for clearing members.
  • BOCUSA's New York and Queens branches jointly hold a regulatory deposit equal to 5% of third-party liabilities.

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