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 is responsible for assisting in performing independent quality control and risk assessment of daily operations and business transactions of the Branch; delivering a range of support in the areas of fraud prevention, risk mitigation and quality control; assist in preparing relevant risk management and quality control reports and/or quality assurance reports as required, and performing any other duties as assigned by supervisor and/or Branch Management.

Include but not limited to:

Quality Assurance Testing and Risk Monitoring and Control

• Assist in completing periodic and ad hoc credit, operational, and compliance risk assessment and reporting tasks;
• Assist in periodic post-lending monitoring assessment for Business Development Department (BDD) and test samples from its commercial and trade finance credit facilities;
• Review the loan documents and ticklers to assess the quality of post-lending monitoring practice;
• Provide the results in order to propose and implement ongoing improvements and identify relevant remedial actions;
• Document and follow up with issue(s) for both reporting and problem-solving purpose;
• Assist in performing the Enterprise Risk Assessment (ERA) for the BDD with respect to Credit Risk and Interest Rate Risk;
• Strictly adhere to the Bank’s policies and guidelines, including risk parameters, risk assessment and monitoring procedures, and reporting mechanism;
• Assist in performing the review of CRE Loan Ongoing Monitoring and Loan Data and coordinate with CRM of New York Branch;
• Assist in ongoing monitoring of Criticized and Watch List Loan(s) and coordinate with CRM of New York Branch;
• Assist in validating the Key risk indicators (KRI) data and supporting documents in the KRI platform;
• Assist in performing the Operational Risk and Control Self-assessment (RCSA) and coordinate with ORD of New York Branch;
• Assist in designing the attributes for BDD in order to capture the risk and also ensure that the set policies, procedures and regulatory requirements are met and complied;
• Assist in coordination of audit activities; assist in response to Examiner’s, Internal and External Auditors’ inquiries; take corrective actions based on audit findings;
• Coordinate with related Departments (CRM, CBD, ORD, LCD, OSD etc.) of New York Branch on various risk assessment and reporting assignments;
• Provide constructive feedbacks on the Bank’s policies and procedures;
• Perform any other duties, as well as credit risk and operational risk management projects as assigned by supervisor and/or Branch Management. 

• Bachelor’s degree with major in in Business Administration or Finance, Accounting, Economics or other related disciplines is required. Master’s degree is highly preferred.
• 1 year of work experience in Banking Operations, Quality Assurance and Control, Risk Management experience in banking industry. 
• 1-2 years of work experience in Commercial Lending and Credit Risk Management in Banking Industry.
• Knowledge of BSA/AML/OFAC/KYC/EDD/CDD, Anti-Boycott Law, Export Administrations Act, Sanctions Check, corporate banking operations, credit risk management, financial analysis and Sino-US Trade and economic updates.
• Ability to multi-tasks, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines;
• Excellent analytical, interpersonal, verbal and written communication skills;
• Proficient in Microsoft Outlook, Word, Excel, and PowerPoint;
• High degree of professionalism, quality work and attendance.
• Certified Anti-Money Laundering Specialist (CAMS) is highly preferred
• Financial Risk Manager (FRM) is highly preferred
• Bilingual in English and Chinese preferred