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

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

The candidate might be considered for one of the following roles:

• 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. Facilitate with coordination in responses to RDA requests from the Head Office and/or regulators.
• The job is an Associate role in Model Risk Management team, which requires the understanding of model risk management framework and regulatory requirements. The role will assist and support the team on the model risk management framework, including assisting to perform independent model validation and helping the team carry out model risk governance activities. In addition, this role supports certain tasks around model risk governance, and also support the team on contributing in End User Computing (EUC) control process as well. 

The Associate may be assigned to one or more of the functions below:

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

Model Validation

• Assist the team on conducting the independent model validation for models defined in the model inventory and produce model validation reports

• Support the team on reviewing the remediation of model validation findings

• Communicate with model developers/owner/users regarding validation findings and remediation activities

Model Risk Governance

• Assist the team to implement the activities defined in model risk management framework and ensures that the Bank’s model risk management framework continues to align with regulatory expectations

• Assist the team to maintain model inventory and conduct annual model review/attestation processes

• Assist the team on maintaining model inventory and conduct annual model review/attestation processes

EUC Control

• Assisting the team in EUC control framework maintenance and enhancement

• Bachelor’s degree major in Business, Finance, Accounting, Economics and other related disciplines is required at the time of hiring; Master’s degree is preferred
• Internship experiences in banking operation and/or related area
• Demonstrate understanding of relationship management, risk management, and due diligence processing
• Bilingual ability in Mandarin (oral and writing) is required