Bank of China, U.S.A.

Enterprise Risk Management - Risk Data Aggregation and Risk Reporting (RDA) Associate

Location US-NY-New York
ID
2023-1493
Category
Risk
Position Type
Full-Time
Posting Date
11 months ago(12/28/2023 10:53 AM)

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

This Associate position is to support the ERM-RDA team lead in the data/business analysis efforts under the Risk Data Aggregation and Risk Reporting (RDA) program at the bank. The main responsibilities of this role include, but are not limited to, performing data analysis, business requirements analysis and automating reporting processes and/or reports, etc. in order to effectively and efficiently support the projects and initiatives under RDA Program and meet the requirements by the senior management or regulators.ilitate with coordination in responses to RDA requests from the Head Office and/or regulators

Responsibilities

Include but are not limited to:

Data/Business Analysis and Reporting Automation

  • Perform data analysis of the databases and systems at the bank to facilitate with implementation of relevant projects and identification of data issues and gaps
  • Automate reporting processes and/or reports via various appropriate technology to improve reporting efficiency
  • Understand and maintain the data mapping and data model of the centralized risk data repository
  • Communicate with stakeholders from Front Line Units and Internal Risk Management to understand their data needs
  • Facilitate with business requirements gathering and analysis for RDA data mart enhancements
  • Document the business requirements and specifications for the system implementation
  • Perform user testing of the system implementation and communicate with IT function on the identified issues
  • Create user reports and conduct data analysis per user requirements by querying against the databases

RDA Program Management

  • Facilitate with the RDA Working Group (WG) activities
  • Assist with gap analysis and self-evaluations against the RDA regulatory requirements
  • Contribute to the coordination and monitoring of implementation of the RDA compliance actions
  • Facilitate with coordination in responses to RDA requests from the Head Office and/or regulators

Qualifications

  • A Bachelor’s Degree is required; Master’s degree in Financial Engineering, Computer Science, Business Analysis, Statistics, Finance, Economics, and related majors are preferred
  • At least 1 year of data analysis, business analysis and reporting experience preferred; at least 1 year of system development/project management related work experience preferred; at least 1 year of financial and banking industry, preferably in risk management, preferred
  • Coding and programming skills, such as SQL, Python, Java, R, etc, required
  • Data analysis skills to work with large scale of dataset and systems required
  • Demonstrate solid understanding of database and information systems related knowledge, such as SQL server database, data warehousing concepts, etc
  • Demonstrate knowledge regarding financial industry and products, and risk management related general knowledge
  • CBAP, FRM, PMP or CFA certification preferred

Pay Range

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

USD $42,000.00 - USD $90,000.00 /Yr.

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