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Bank of China USA

Bank of China USA

Global corporate banking and trade services

Application Support Intern - Bank Clearing Department

Fall 2026Deadline 10/23/27
$19/hr
Internship
New York, NY, USA
In Person

About the job

Requirements
  • Accounting, finance, or information technology-related work experience or educational background.
Responsibilities
  • Carry out information technology project implementation tasks.
  • Conduct payment system testing.
  • Support the Bank Clearing Department's basic cross-sectional functions related to system and application support and related reporting.
Desired Qualifications
  • Bilingual reading and writing capability in Chinese Mandarin and English.

About the company

Bank of China USA provides financial services to corporate and individual clients by leveraging Bank of China’s global network, offering corporate lending, trade services, global markets and currencies, U.S. dollar clearing, and personal banking. Its products include cross-border banking, RMB settlement and clearing, currency trading, and cross-border cash management for Chinese companies in the U.S., Fortune 500 firms, U.S. firms, financial institutions, and high-net-worth individuals. The company differentiates itself with a global footprint spanning 60+ countries, a long-standing role as the first Chinese bank in the United States, and deep expertise in RMB settlement and international market access. Its goal is to help clients grow in the U.S. and international markets through stable financial partnerships and premium cross-border solutions, while also supporting communities with financial education and local initiatives.

Company Size

51-200

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

  • September 2026 notices show active digital-banking maintenance and product support cadence.
  • August 2026 cross-border promotion sessions in Beijing and Shanghai reinforce deal-flow generation.
  • July 2026 Lily Ren interview spotlights client demand for RMB, trade, and treasury services.

What critics are saying

  • BOCUSA has no public evidence of insured deposits at Chicago and Los Angeles branches.
  • Chinese regulators urged banks in February 2026 to trim U.S. Treasury exposure.
  • U.S.-China sanctions escalation can choke dollar clearing and branch profitability within weeks.

What makes Bank of China USA unique

  • April 2026 hire Lily Ren signals deep cross-border banking specialization across U.S. branches.
  • April 2026 Asset Awards named BOCUSA Best RMB Bank in the U.S. for sixth year.
  • Four OCC-licensed branches in New York, Queens, Chicago, and Los Angeles anchor U.S. coverage.

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