Bank of China USA · 1 week ago
Financial Institutions Department-Non-Great China Relationship Management Intern
US-NY-New York
Internship
Onsite
Intern
$18/hr - $18/hr
1+ years expBank of China USA is one of the largest banks in the world, established in 1912, with a global presence. They are seeking an intern to assist in managing relationships with financial institutions, support business growth, and carry out compliance duties.
Banking
Responsibilities
Assist with market research and identify business opportunities
Conduct sales calls to financial institutions in US/North America (and China) for the purpose of establishing correspondent banking relationship
Follow up with financial institutions and approach Banks for business opportunities to solidify relationships
Maintain regular contact with customers and look for opportunities to deliver added value to the existing customer relationships
Assist with the development of new product projects
Manage relations with assigned customers to maintain existing business and seek potential business
Monitor customers’ account balance on an ongoing basis and prepare account balance trends
Review customers’ credit data and analyze financial ratio, spreadsheets, and cash flow worksheets to evaluate the riskiness in customer relationships
Respond to customer inquiries in a timely manner and coordinate with other departments as needed
Identify costs and risks associated with accounts and prepare plans to mitigate such
Organize events, seminars, conferences, receptions and exhibitions to promote the Bank’s brand and business
Conduct market research, identify business trends that may impact the business, and prepare marketing materials in accordance with the Bank policies, procedures and regulatory requirements
Manage accurate recordkeeping of assigned customers for up-to-date documentations
Conduct site visits to build relationship with clients and to fulfill due diligence requirements
Perform due diligence reviews (e.g. CDD, EDD, sanctions/PEP/Negative News screening) on assigned customer/non-account customer and refresh reviews. Report any unusual activity to supervisor when necessary
Conduct monthly screening on clients and related parties
Conduct annual and periodic refresh reviews on assigned accounts to ensure compliance with regulatory requirements
Continuously monitor assigned accounts and follow up with customers about their transactions
Ensure transactions are in compliance with Bank policies, procedures and regulatory requirements
Review and validate USA Patriot Act certifications / re-certifications
Conduct legal and compliance research and provide report of summary of the analysis of laws
Process authenticate and revoke RMA keys as per other business request
Maintain and create new customer profiles in related system
Perform account management process from contacting customers, conducting onsite visits, opening accounts, conducting due diligence for customer/non-account customer, monitoring and closing accounts
Prepare routine and ad-hoc reports including AML call reports
Assist BSA officer regarding tasks or matters from the compliance department
Qualification
Required
At least a year of experience in banking/financial service industry
BA/BS/LLM degree required
Solid knowledge of BSA/AML/KYC, legal analysis, accounting, finance and banking
Customer service skills
Organizational skills
Verbal and written capability in Mandarin and English
Company
Bank of China USA
Bank of China (BOC) is one of the largest banks in the world, with more than $3 trillion in assets and a footprint that spans over 60 countries and regions.
501-1000 employees
H1B Sponsorship
Bank of China USA has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (57)
2024 (46)
2023 (52)
2022 (67)
2021 (36)
2020 (69)
Funding
Current Stage
Late StageLeadership Team
Peter J Reisman
Managing Director, Chief Communications Officer
Company data provided by crunchbase