Bank of China USA · 3 weeks ago
Global Markets Department-Product Associate/AVP
New York, NY
Full-time
Onsite
Mid, Senior Level
$42K/yr - $90K/yr
1+ years exp
Bank of China USA is one of the largest banks in the world, providing reliable financial services across various sectors. The Product Associate/AVP role involves supporting the product team in achieving goals, participating in product management, and ensuring compliance with regulations.
BankingFinanceFinancial ServicesPersonal Finance
Responsibilities
Prepare marketing materials
Generate thematic written business research
Interpret high-frequency economic data in the U.S. and China
Assist to identify hedging opportunities in FX derivatives and other products
Follow up all business needs with RMs to better support their clients
Provide support to team in daily routine work
Act as back up of designated team
Participate in the enhancement of product offering to promote business growth
Assist in the new product development to satisfy client's hedging demand
Adhere and facilitate legal documents and onboarding process related to traded products
Comply with all applicable laws and regulations regarding anti-money laundering, BSA, OFAC, Dodd-Frank framework, Volcker rule, etc
Collaborate with Middle Office and Back Office to ensure risk control and facilitate accurate deal booking and timely settlement
Perform analysis and participate in assigned research project
Monitor, update and facilitate research information for client/ internal presentations
Participate in special projects and/or other duties as assigned
Conduct assigned reports or research analysis
Qualification
Financial MarketsFX derivativesRMB productsInterest rate productsHedging productsEconomic data analysisLegal documentation for traded productsAnti-money laundering complianceBSA complianceOFAC complianceDodd-Frank frameworkVolcker rule compliance
Required
Bachelor's Degree required
Minimum 1-3 years of Financial Markets experience for Associate level; Minimum 4 years of Financial Markets experience for AVP level
Knowledge in FX, RMB, interest rate and other hedging products
Preferred
Bilingual ability in Mandarin is preferred, but not required