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 Balance sheet Management Associate is responsible for managing the Bank’s assets and liabilities, price risk, liquidity risk monitoring and stress testing, Fund Transfer Pricing (FTP) design and LIBOR transition. The associate is responsible for the FTP (Fund Transfer Pricing) methodology development and enhancement, FTP system implementation and enhancement from business angle, monthly FTP reporting, and ad-hoc analysis. This role also supports the interest rate risk management.

Include but not limited to:

Perform Asset and Liability analysis and optimization

• Perform Funds Transfer Pricing (FTP) pricing, review and enhance methodology.
• Perform analyses and reporting on funding pool performance evaluation.
• Perform analyses and reporting on market and internal data for generating bank wide FTP rate reports.
• Compile Branch’s financial data in Asset Liability Committee (ALCO) package for senior management.
• Provide reporting and analysis on product funding costs and FTP budget.
• Identify existing process deficiencies and lead the team to further enhance the current process, e.g. reporting procedure, documentation and business process.
• Assist the development of the various Assets and Liabilities Analyses through working with internal teams.

Support interest rate risk management

• Learn and backup the interest rate risk management.
• Understand procedures adhering to interest rate risk and price risk management policies and process on Net Interest Income (NII), Economic Value at Equity (EVE), Maturity Gap Analysis, sensitivity analysis, assumption setting, and other related items.
• Monitor interest rate risk and price risk related KRI or limits.
• Perform ad-hoc balance sheet risk analysis.
• Review and recommend system/tool enhancements and upgrades.

Regulatory exams; internal /external audits, and model review

• Prepare OCC examination materials, assist in examination process and response relative questions.
• Prepare and respond internal and external audits.
• Prepare for FTP system review.

Ad-hoc projects

• Supporting bank-wide risk management and key initiatives.

• Bachelor’s degree required at the time of hiring; Master's Degree is preferred
• Internship experience in financial management and reporting, coordination and project management preferred
• Knowledge in banking products preferred
• Bilingual capability in Mandarin is highly preferred