Bank of China USA

Runs cross-border banking between the US and China

Risk Management Intern

Risk ManagementPosted on Nov 5

InternshipNew York, NY, USA$19 /hrIn-person

About the Job

Requirements

A Bachelor's Degree is required.
Experience with a financial services firm, such as a bank, investment bank, securities firm, or investment firm.
Effective communication and interpersonal skills.
Meticulous attention to detail.
Ability to plan and manage opportunities, time, projects, relationships, and account knowledge in an organized and documented manner.
Excellent organizational skills.
Strong language skills in English and Chinese are preferred.
Customer service and executive-level support skills.
Excellent knowledge of Microsoft Office, including Excel, Word, and PowerPoint.

Responsibilities

Assist in conducting quality-assurance sample testing on KYC Refresh Review, New Client Onboarding, Bridger Screening and Google Search, Credit Recommendation Reports, and Credit Limit Usage Reports monthly.
Perform specific quality-assurance tasks on processes as required.
Assist with completing departmental risk assessments, including RCSA, ERA, KRI, and other assessments.
Assist with conducting risk-control testing on a quarterly, semi-annual, and annual basis.
Assist with identifying and monitoring risks related to the department.
Report inconsistencies or concerns discovered while monitoring risks to the supervisor.
Prepare routine and ad-hoc reports.
Manage and prioritize departmental requests and respond in a timely manner.
Monitor and manage document retention.
Manage the training plan and monitor the training and travel budget tracker.
Assist with monitoring and adherence to the department's Clean Desk policy.
Manage departmental purchase orders and perform monthly reconciliation to ensure accuracy; report inconsistencies to the supervisor.
Maintain the department's inventory of supplies and materials and replenish them when necessary.
Participate in special projects and perform other duties as assigned.

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

The new intern will assist with the department's risk assessments, risk control testing, and etc.

Responsibilities

Assist in conducting QA sample testing on KYC Refresh Review, New Client Onboarding, Bridger Screening/Google Search, Credit Recommendation Report and Credit Limit Usage Report on a monthly basis
Perform specific QA on certain tasks or processes as required
Assist with completing the department’s risk assessments (e.g. RCSA, ERA, KRI and other assessments)
Assist with conducting risk control testing on a quarterly, semi-annual and annual basis
Assist with the identification and monitoring of risks related to the department
Report any inconsistencies/concerns when monitoring of risks to supervisor
Prepare routine and ad-hoc reports
Manage and prioritize the requests for the department and respond in a timely manner
Monitor and manage the document retention
Manage Training Plan and monitor training/travel budget tracker
Assist with the monitoring and adherence of the Clean Desk policy for the department
Manage the purchase orders for the department and perform monthly reconciliation to ensure accuracy; report any inconsistencies to supervisor
Maintain inventory of the department’s supplies and materials and replenish when necessary
Participate in special projects and other duties as assigned

Qualifications

Bachelor’s Degree
Experience with a Financial Services firm (e.g., bank, investment bank, securities firm, investment firm, etc.)
Effective communication and interpersonal skills
Meticulous attention to detail
Exceptional in planning and manage opportunities, time, projects, relationships and account knowledge all in an organized and documented manner
Excellent organizational skills
Strong language skills in both English and Chinese, is preferable
Customer service, executive level support
Excellent knowledge of Microsoft Office (MS Excel, Word and PowerPoint, etc.)

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $19.00 - USD $19.00 /Hr.

Compensation: 19 to 19 (USD)

About the Company

Bank of China USA

Runs cross-border banking between the US and China

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: Not listed
Total funding: Not listed
Headquarters: New York City, New York
Founded: 1981

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