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.

This position involves active participation in user acceptance testing (UAT) by gathering business requirements, executing test cases, and meticulously documenting and reporting any errors or issues encountered. The Custody Associate also assists in preparing business and risk management reports, contributing to the analysis of new regulatory requirements, and providing operational support by processing securities trades, settlements, and other custody-related transactions as needed.

Business Requirement gathering & System Implementation

• Assist in the planning and execution of UAT activities for new system implementations or enhancements. Create test cases and scripts based on business requirements and user stories. Execute test cases to validate system functionality and ensure alignment with business needs. Document and report any issues or discrepancies identified during testing. Collaborate with development teams to troubleshoot and resolve UAT issues in a timely manner.
• Work closely with business stakeholders to elicit, analyze, and document business requirements. Translate business needs into clear and concise functional requirements. Assist in the creation of workflow diagrams, use cases, and other documentation to support requirement understanding. Validate requirements with stakeholders to ensure accuracy and completeness.
• Document and report errors encountered during testing, ensuring accurate and thorough documentation of issues. Track and monitor the resolution of reported errors, providing regular updates to stakeholders on progress. Analyze trends in reported errors to identify areas for process improvement or system enhancement.

Risk Management and  Compliance

• Prepare comprehensive business reports, providing insights into key metrics and performance indicators.
• Assist in developing risk management reports, identifying potential risks to custody operations.
• Support the analysis of new regulatory requirements impacting custody services.
• Support the preparation of the training materials to the team for regulation changes
• Attend mandatory trainings on risk management and compliance.
• Escalate suspicious transaction to team lead.

Supervise Securities Settlement Processing/Asset Services 

• Serve as backup for the custody operations team, processing securities trades, settlements, and other custody-related transactions when needed.
• Ensure all processes align with customer instructions, bank procedures, and regulatory requirements.

• Bachelor’s degree in business, accounting, finance, economics, risk management, information technology or related fields is required 
• 1 to 3 years of experience in financial services or related industry 

• Knowledge of financial markets and custody operations is a plus

• Certification in Business Analysis or Project Management (e.g., CBAP, PMP) is a plus
• Working knowledge of Mandarin Chinese (speaking, reading, and writing) is preferred