Clearing Assistant
Industrial and Commerce Bank of China Usa Na job in New York, NY
Department: Operational Management - Clearing Department
FLSA : Non - Exempt
Summary: To assist Clearing Officer in the everyday activities to the bank's money transfer related transactions.
Essential Duties and Responsibilities: include the following. Other duties may be assigned.
Record FED incoming/outgoing wires in Fed monitoring worksheet; and counter check from the daily Fed funds transfer summary report.
Monitor and record Fed ending balance and reconcile between SCMS, if required.
Record all incoming/outgoing wires with sequence control number in log books including writing up. Process all related accounting entries vouchers.
Verify the wire-in / Swift incoming customer information from core system before passing to Retail Branch and other regions
Handling funds transfer investigation and prepare outgoing service messages from all different departments in FED Line Advantage system.
Upload all Outgoing payments to Fedline Advantage system (payments and inquires for all branches).
Record incoming/outgoing SWIFT messages in log sheets and process all related transactions including OFAC checks.
Deliver incoming swift messages to addressees.
Daily reconciliation of ICBC USA USD account with ICBC New York Branch
Ensure all funds transfer related payment orders were effect and properly signed.
Back up the work of Clearing Officer when necessary.
Upload daily FX rates and forward the rates to branches, if required.
Work with Treasury and branch for exchange rate against incoming FX funds. Input and release outgoing FX funds in Swift Alliance, if required.
Process Visa, Unionpay and CDARs settlements, if required.
Filing.
Information reporting and initiate transactions in FHLB's 1Link.
Job rotation and cross training with other members of the department.
Performs other related duties and assignments as required.
Assist and support manager to achieve departmental and bank's goal.
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
Associate's degree (A. A.) or equivalent from two-year College or technical school; or two to three years related experience and/or training; or equivalent combination of education and experience.
Language Skills
Ability to read, comprehend simple instructions, short correspondence and memos in English and Simplified Chinese.
Mathematical Skills
Ability to add, subtracts, multiply and divides in all units of measure, using whole numbers, common fractions, and decimals.
Computer Skills
To perform this job successfully, an individual should have knowledge of Database software; Internet software; Spreadsheet software and Word Processing software.
Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand; walk; sit; reach with hands and arms and talk or hear.
This job description in no way states or implies that the functions outlined are the only duties to be performed. It is understood and agreed that the employee may be required to perform additional duties and to follow other instructions, as directed by the employee's supervisor and/or manager.
Auto-ApplyCredit Manager
Industrial and Commerce Bank of China Usa Na job in New York, NY
Department: Credit - NY Region
Reports to: Chief Credit Officer
Onsite : New York, NY
Summary/Objective:
Responsible to supervise NYR Region Credit Department (the “Department”), review and endorse credit proposals, and handle inquiries from auditors, regulators and headquarter.
Essential Functions:
1. Direct the workflow of the Department and monitor the turnaround time of each project.
2. Review credit proposals to ensure the analysis is complete and the proposals comply with policy & procedure.
3. Approve new loan applications and annual loan reviews (as applicable), jointly with the Deputy CEO of Frontline, as per the Delegated Lending Authority set forth in the Credit Manual, Vol. 1.
4. Review real-estate appraisal and environmental reports during the loan application process.
5. Recommend (or approve, as applicable) commercial loan and trade service transactions (collateral, customer rating, facility rating, credit limit, loan agreement and loan advances) in the GCMS system.
6. Delegate staff to review loan documents prior to execution and loan closing, to ensure accuracy and compliance with approved terms and conditions and Bank policy.
7. Co-ordinate the loan reviews conducted by external loan reviewers and auditors; and handle queries.
8. Supervise weekly, monthly and quarterly reporting to Headquarter.
9. Monitor and report the status of classified loans monthly to Loan Committee.
10. Handle loan recovery actions; and coordinate with attorneys as necessary.
11. Manage NYR OREO portfolio.
12. Supervise the NYR Credit Department staff.
13. Provide training to Credit staffs internally and via outside professional development platform within Bank's budget.
14. Perform other related duties and assignments as required.
Competencies:
In order to perform the job successfully, an individual should demonstrate the following competencies:
1. Language Skills. Ability to read and interpret documents (such as operating and procedure manuals); ability to write routine reports and correspondence; and ability to speak effectively to employees of the organization.
2. Mathematical Skills. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
3. Computer Skills. To perform this job successfully, an individual should have knowledge of the software used by the bank.
4. Must be well organized and have excellent proof-reading ability.
5. Position requires independent judgment and performance of high-level tasks.
6. Analytical - synthesize complex or diverse information; collect and research data; and use intuition and experience to complement data.
7. Problem Solving - gather and analyze information skillfully; and develops alternative solutions.
8. Interpersonal Skills - be able to deal with customers and co-workers effectively under pressure and sensitive situations
9. Oral Communication - speak clearly and persuasively in positive or negative situations; and listen to and seek clarification.
10. Written Communication - write clearly and informatively.
11. Teamwork - exhibit objectivity and openness to others' views.
12. Ability to perform services in person from a Bank office or Branch to, among other things, access the Bank's computer systems and engage in an interactive environment with co-workers.
Supervisory Responsibility:
Carry out supervisory responsibilities in accordance with the organization's policies and applicable procedures.
Required Education and Experience:
• Bachelor's degree (BA) from a four-year college or university.
• 10 years of related experience and/or training.
• Equivalent combination of education and experience.
Language/Communication Skills:
Must have advanced English language skills. Proficient Chinese language a plus.
Auto-ApplyStrategy and Research Department Intern
New York, NY job
Introduction
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.
Overview
The incumbent will help the research team innovateand maintain the existing research products, but also facilitate the research development on the quantitative side.
Responsibilities
Include but are not limited to
Generate unique, thematic written research on a monthly/bimonthly/quarterly and annually basis based on current affairs, client interest and BoC NY research pipeline; Help maintain existing products and contribute to develop future research products
Work closely with other teams to help run and develop analysis/ metrics such as analysis of market event and develop possible pipeline for future research
Curate and edit content for style and clarity as assigned, design document templates, formats, and infographics
Interpret and comment on banking metrics of companies under the team's coverage
Create slides by leveraging multiple data sources for BoC's related conferences/ events (e.g. SBDC, ALCO, etc.); Prepare and provide slides for 4 major banks, 2 investment banks with coverage in: 1) operating metrics (topline, bottom line, NII, important ratios, etc.)2) visualization of selected data points 3) summary of latest quarter and forecast of next quarter + 2H24 4) transcript of
this part for speaker
Conduct Ad-hoc research projects and prepare speech notes etc. assigned by senior management of BOCNY or HO.
Assist US banking industry analysis to HO with scope including: 1) the sector's resilience and adaptability, with institutions focusing on enterprise-wide transformation to enhance operational efficiency and customer engagement; 2) seasonal earnings report from 4 major banks, 2 investment banks and~5 regional banks; 3) regulatory environment change and related risks analysis along with ; 4) technological advancement and integration
Coordinate and collaborate cross-team with Strategy Research Team for related SRD research publications esp. tasks related corporate-wide initiatives and best practice(s) in industry
Qualifications
Bachelor's degree required. Master's degree is a plus but not required; Economics, Computer Science, Mathematics, Statistics or Financial engineering related major preferred
Intermediate understanding in coding languages including but not limited to SQL/R/Python/Java/C++
Basic knowledge in research required; Experience in global FICC esp. fixed income and interest rate is preferred
Basic writing skills and knowledge in macro are a must
Bilingual ability in Mandarin and English is a must
Interpersonal and communication skills (written and verbal) is a must
Ability to collaborate with team members on research projects is a must
Solid work ethic and high levels of motivation is a must
Understanding in banking industry (US) or previous equity research experience with financial institutions is preferred
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $18.00 - USD $18.00 /Hr.
Auto-ApplyExecutive Office-IT Asset Management Specialist AVP
New York, NY job
Introduction
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.
Overview
This is a mid senior level position within the IT function responsible for managing the bank's IT fixed assets and inventories. The successful candidate will play a key role in ensuring the accuracy and integrity of asset records, conducting regular audits, and supporting the IT Team in optimizing asset utilization.
Responsibilities
Asset Tracking & Management:
Implement and maintain an IT asset management (ITAM) system that supports compliance requirements, including tracking asset location, ownership, lifecycle status, and associated costs.
Ensure the ITAM system integrates with other relevant systems (e.g., procurement, help desk).
Generate reports on asset utilization, depreciation, lifecycle costs, and other key metrics, providing insights for informed decision making and demonstrating compliance with financial reporting regulations.
Collaborate with IT teams (e.g., Network, Systems, Help Desk, Security) to ensure accurate asset data capture and reporting throughout the asset lifecycle, adhering to established change management procedures. This includes documenting all changes to asset configurations and locations.
Implement and enforce asset tagging and labeling standards to facilitate accurate tracking and accountability.
Inventory Management:
Manage inventory levels of IT consumables, such as spare parts, cables, and office supplies.
Process purchase orders and track deliveries of IT equipment and supplies.
Maintain adequate inventory levels to support business operations and minimize downtime.
Conduct periodic reviews of inventory levels and identify opportunities for cost optimization.
Asset Disposition:
Oversee the decommissioning and disposal of obsolete or surplus IT equipment in accordance with company policies and regulatory requirements.
Ensure proper data sanitization and secure disposal of electronic waste.
IT Support & Collaboration:
Collaborate with IT teams to ensure accurate asset data is captured during deployments and installations.
Provide support to IT staff on asset related queries and issues.
Assist in the implementation of new IT initiatives and projects related to asset management.
Audit & Compliance:
Assist with internal and external audits related to IT assets and inventory.
Ensure compliance with relevant industry standards and regulatory requirements.
Qualifications
Bachelor's degree in Information Technology, Computer Science, or a related field preferred.
Minimum 4 years of IT asset management or inventory control required.
Minimum 4 years of IT technical work experience required.
Preferred certifications: CCNP, CCNA), server administration, or other relevant IT certifications (e.g., MCSE, CompTIA)
Bilingual ability in Mandarin
Experience in a banking or financial institution is highly preferred.
Experience in compliance and regulations are highly preferred.
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $65,000.00 - USD $150,000.00 /Yr.
Auto-ApplyDirector, FX Options Trader
New York, NY job
Apply now Work Type: Office Working Employment Type: Permanent : RESPONSIBILITIES Strategy * Apply the Bank's business strategy to day to day customer flow, pricing, risk management
* Assist in developing and implementing strategy for FX Options in Americas
* Identify business development opportunities
* Maximise total product income by ensuring effective end to end client risk management/service
* Awareness and understanding of the Group's business strategy and model appropriate to the role
* Mine for new client opportunities that can be monetized, and continue to invest time in building systems to enhance TPI potential
* Engage with our valued customers on a sophisticated leve
Business
* Generate revenue for the bank through trading FX options for the currency block
* Communicate with Global FXO team updating relevant book-runners in case of significant market events during NY hours as per desk procedures.
* Increase SCB's visibility in the region through competitive pricing, market commentaries and idea generation in FX Options
* Understand wider business, economic and market environment in which the firm operates
* Deepen existing client relationships through regular conversations and by giving market colour in line with guidelines
* To work with and Sales/RM to identify new prospects and client opportunities
* To explore new products and structures to increase the breadth and depth of the market
* Manage risk from client trades
* Seek and take advantage of market opportunities
Processes
* Accountable for establishing and maintaining frameworks to ensure FXO processes are efficient, appropriate and compliant.
* Accountable for effective management of operational risks within FXO.
* Exercise all supervisory responsibilities as outlined in the FM Code of Conduct.
* Ensure adherence to all internal and external regulations. Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations. Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulation
People & Talent
* Contribute to continuous process improvement and sharing best practice
* Set and monitor job descriptions and objectives for direct reports where applicable, and provide feedback and rewards in line with their performance against those responsibilities and objectives.
* Employ, engage and retain high quality people, with succession planning for critical roles. Identify, evaluate and action under performers
* Responsibility to review team structure/capacity plans
Risk Management
* Risk-manage global FX Options portfolios during NY market hours as part of global FXO team and the Structured products and Correlation books
* Execute hedging strategies for Complex books and assist global team in developing and executing the game plan
* Assist in development of risk management tools for new structured/correlation products as they are developed
* Where necessary assist with execution of hedging strategies for other FXO books agreed with book-runners, located in other regions
* Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
* The ability to interpret the Group's financial information, identify key issues based on this information and put in place appropriate controls and measures
* Comply with guidelines as outlined in the annual dealer mandate
* Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance
* Monitor all major risk issues and concentrations and ensure that trading limits are adhered to by all FXO traders
* Effectively manage the risk from customer transactions
Qualifications
* Undergraduate degree required
* Minimum of 3 years in the Latam FXO space
* Product knowledge and experience in LatAm FXO
Skills and Experienc
* Customer Behaviour and Preferences
* Financial Mathematics
* Investment Performance Measurement
* Market Risk
* Securities Laws and Regulations (SLR) Compliance
* Service Excellence
* Trading
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
* Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
* Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
* Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
Expected annual base pay range for the role is 200,000 USD to 250,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations.
Visit our careers website ******************
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
* Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
* Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
* Flexible working options based around home and office locations, with flexible working patterns.
* Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
* A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
* Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Apply now
Information at a Glance
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Legal Office Part-Time Staff
New York, NY job
Introduction
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.
Overview
This position is responsible for assisting in performing independent quality control and risk assessment of daily operations and business transactions of the Branch including performing QA on periodic customer KYC Refresh, new customer on-boarding activities, trigger event reviews, and maintaining appropriate documentation in line with the Bank's policies and procedures; 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.
Responsibilities
ABAC Compliance Program
Assist in conducting ABAC risk assessment and ABAC testing across various areas, including Entertainment & Hospitality (E&H), QA by Owner Departments, customers and transactions monitoring, and deliver support in analyses and summaries and recordkeeping of information/documentation provided by Owner Departments, along with effective communication with respective departments;
Assist in the ABAC audit projects and subsequent remediation, serving as the primary documentation contact for such purposes;
Contribute to other implementation projects as requested by the VP/SVP, such as collecting and analyzing centralized E&H records periodically to enhance process efficiency.
Legal Document Drafting, Review, & Negotiation
Assist in developing, reviewing, initial editing and assessment of contracts and other legal documents (mainly vendor contracts) to ensure implementation of key legal risk parameters across all contracts executed by the Bank.
Participating in the bank-wide special projects as assigned by General Counsel, and assisting the project team from legal aspect, including, but not limited to, providing legal advisory, developing bank-wide policies and procedures, consulting and communicating with outside counsel; and
Assisting with other matters assigned by General Counsel, including regulatory interpretation, issue resolution, communication with Head Office regarding legal matters.
Qualifications
Bachelor's degree is required, preferably in Law or other related disciplines. Master's degree or above is highly preferred.
Excellent analytical, interpersonal, verbal and written communications skills are required
Solid experience in legal drafting, researching and writing are required.
Bilingual abilities in English and Chinese are highly preferred
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $60.00 - USD $80.00 /Hr.
Auto-ApplyHuman Resources Department - Employee Management Associate/AVP
New York, NY job
Introduction
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.
Overview
The Associate/AVP is responsible for coordinating and conducting human resources functions in the areas of recruitment, onboarding, background checks and other ad hoc projects. They also advise and assist in implementing relevant bank policies and procedures.
Responsibilities
Recruitment
Assist in analyzing, evaluating, developing and maintaining the Bank's staffing needs and ensure its execution by reviewing new hire applications and job descriptions provided by user departments.
Understand recruitment related employment law.
Perform full cycle recruitment activities including but not limited to creating job postings, sourcing, screening resumes, liaising with staffing agencies, coordinating interviews, and making recommendations to hiring managers.
Maintain up to date records of the recruiting process including resumes received, and interviews conducted.
Assist with the intern to full-time and consultant to full-time conversion process following the Bank's recruitment policies and procedures.
Onboarding
Conduct the new hire onboarding program by providing introductory presentations, collecting and verifying required documents, etc.
Collaborate with Payroll team to maintain and manage information in personnel folders/files/database.
Conduct annual review of the onboarding documents and process with outside counsel and relevant parties.
Monitor the legal requirements and changes related to employee onboarding process and make recommendation as needed.
Termination
Facilitate employee termination processes by sending out relevant notifications, collecting and seeking approvals on access deactivation documents, and setting up exit interviews.
Document all termination notification, forms and communications.
Compliance
Follow all internal policies and procedures within the Bank's risk framework.
Escalate any potential violation of internal policies and procedures and/or any local, state and federal laws.
Support periodic audit by providing documentation evidence.
Ad Hoc Project
Participate and manage departmental/bank-wide ad hoc projects on an as needed basis.
Qualifications
Bachelor's degree required, ideally in Human Resources, Organizational Development, Labor Relations, or other related majors; Master's degree preferred.
For Associate level, 1-3 years of HR related experience with strong interest and passion in HR as a career required. For AVP level, at least 4 years of HR related experience required.
Be capable of multi-tasking and working in fast-paced environment.
Excellent communication skills in verbal and writing is a must, bilingual ability in Mandarin is highly preferred.
Pay Range
USD $42,000.00 - USD $150,000.00 /Yr.
Auto-ApplyInternal Audit Department - Risk & Operations Audit Intern
New York, NY job
Introduction
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.
Overview
The intern will assist AIC in completing Operations audit projects within the department as needed. Including preparations for project start-up, meeting minutes, information collection, data analysis, etc.
Responsibilities
Assist AIC in completing Operations audit projects within the department as needed;
Prepare for project start-up, meeting minutes, information collection, data analysis, etc.;
Assist other team members to complete the corresponding work.
Qualifications
Bachelor degree or above;
Major in accounting, finance, data analytic, risk management, taxation etc. will be preferred;
Strong capability and skillset both Mandarin and English business communication, writing and reporting.
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $18.00 - USD $18.00 /Hr.
Auto-ApplyQueens Branch - Banking Department / Teller Section & Safe Deposit Box Section Associate (Assistant Head Teller)
New York, NY job
Introduction
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.
Overview
Assists Head teller supervises the activities of tellers in receiving and paying out cash and keeping records of transactions related to banking of the Teller Operation Section in the Banking Department, and helps to manage customer service representatives of the Banking Department.
Responsibilities
Supervision of Operation
Backup in absence of the Head teller daily operation.
Assist Head teller ensure that daily branch cash balances kept to the management's guideline.
Assist Head Teller verify and authorize teller transaction function in T24 system.
Assist Head teller print MT103 incoming payment instruction from SAA for teller processing.
Supervise all tellers and assist to solve on job problems.
Countersign and crosscheck daily remittances.
Release the check hold request by residential mortgage section for loan payment.
Review Safe Deposit Box access IN & OUT record log.
Customer Service
Verify identity and signatures of customers for withdrawals from account.
Cash checks for customers.
Handle sales of financial instrument.
Accept outgoing remittance transactions.
Accept RMB cash deposit and withdrawal.
Accept Foreign Currency Exchange.
Balance cash drawer daily (USD and CNY)
Promote and cross-sell banking products to potential customers.
Conduct remittance investigations and input outgoing remittance MT103.
Process all incoming payments credit to proper accounts.
Daily monitor and process ACH transactions that are booked to ACH Suspense accounts.
Process check returned items.
Process check on us return or repost request by ADM Section.
Process Foreign check collection.
Serve customers with friendly, warm and helpful attitudes at all time.
Verify the accuracy of outgoing remittance.
Verify non-customers Information input by other teller or clerk.
Strictly comply with the BOC Global Service Standard & BOC NY Performance Evaluation.
Compliance
Understand, comply with and monitor the activities, if necessary, of all applicable laws and regulations regarding Anti-Money Laundering, Bank Secrecy Act currency transaction reporting and suspicious activity reporting.
Back up supervises and filing of CTR.
Review of update and newly set up of
non-customer profiles.
Verify identity of non-customer by using BOCNY Relationship Sanctions screening system/Bridger Insight.
Report suspicious activities to AVP and/or Branch BSA Officer when necessary.
People Management
Backup in absence of the Head Teller.
Carry out supervisory responsibilities in accordance with the Banking Department's polices and applicable laws to help staff.
Train employees; planning, assigning, and directing work; addressing complaints and resolving problems.
Qualifications
Bachelor's degree is required
Minimum 5 years of Banking experience
Demonstrate People management knowledge, teller operation knowledge, and safe deposit box process knowledge
Bilingual ability in English and Mandarin
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $90,000.00 /Yr.
Auto-ApplyTrade Services Department-Supply Chain and Trade Finance AVP
New York, NY job
Introduction
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.
Overview
The incumbent will provide support to the team with the research, development, marketing for products of Supply Chain Finance, Factoring, Letter of Credit, LC discounting etc.
Responsibilities
Product Development and New Programs Closing
Develop new trade finance products based on client or outside financial institutional needs
Draft, review, and revise legal documentation for trade finance products and services
Draft policy and procedures for new products
Communicate legal issues with internal or external counsel when necessary
Go through the appropriate procedure for the new products if necessary
Prepare Credit Recommendation reports (CRR) together with relationship department and present to Credit Risk Subcommittee for approval
Prepare Head Office level Credit Recommendation reports with relationship department
Follow up with clients for the KYC documents and transactional documents
Coordinate within TSD and with LCD if necessary to close the new programs
Marketing
Promote the Bank's Supply Chain Finance, Factoring, Letter of Credit, LC discounting according to department assignments and the bank's strategy
Serve as a coordinator for client meetings and trade finance marketing events
Prepare pitchbooks and other presentation materials
Meet prospective clients to perform due diligence and tailor products and services to meet the needs of both the customer and the Bank
Serve as contact point for professional organizations that promote factoring products
Maintain relationships with corporate clients
Maintain and establish new relationships with financial institutions to support the bank, insurance companies, funds etc., and its clients
Respond to general customer enquiries about trade finance products and services
Client Account Management and Operations Support
Serve as chief contact point for communication with existing clients, coordinate with operation team and compliance team provide clients the product solution
Monitor Supply Chain Finance, Factoring, Letter of Credit, LC discounting etc. balance and repayment for the assigned accounts
Review and assist with the collection process of overdue invoices
Instruct back office on policy and procedures for new factoring and supply chain finance products
Provide assistance in daily operations for related trade finance transactions
Check edifactoring.com and send EDI messages for Factoring transactions if necessary
Compliance and Major Risks Control
Follow the Bank's policy and departmental compliance and risk control procedures when developing new customer relationships and accept transactions
Follow the principles of the Bank's risk appetite when developing new products and onboarding new customers
Support KYC team to conduct KYC and customer due diligence in accordance to Bank's Policy and departmental KYC procedures
Follow the Bank's new product management policy and procedures when develop new products
Monitor and control credit risk, performing post-lending in accordance to the requirements of the bank's and departmental credit risks control procedures and post lending management procedures
Detect and escalate red flags and unusual activities to supervisor and the Middle Desk
Keep abreast of compliance and regulatory requirements by attending BSA, AML, KYC and any other compliance or risk control seminars and trainings
Successfully complete all mandatory trainings on time
Update procedures respective to the function as needed or on an annual basis minimum
Responsible for providing timely responses regarding internal/external Audits, assessments/Reviews, and respective remediation as needed
Report any known deficiencies in bank systems and or bank/departmental process for consideration as a Management Self- Identified Issues (MSII); suspected fraudulent activity; accounting concerns; and/or security issues
Adhere to departmental and bank wide policies and procedures and strategies in daily activity
Execute daily duties in a professional manner that would protect the Bank's reputation
Qualifications
Bachelor's degree in business, finance, accounting or economics required
Minimum 4 years of experience in Corporate Finance and Trade Finance required
Minimum 2 years of experience in credit analysis and underwriting
General understanding in Trade Finance and Trade Services products, including Factoring and Supply Chain Finance, Letter of Credit, LC discounting
Bilingual in Mandarin preferred
CDCS or FCI certificate preferred
Pay Range
USD $65,000.00 - USD $150,000.00 /Yr.
Auto-ApplyQueens Branch - Business Development/Corporate Business Section Associate
New York, NY job
Introduction
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.
Overview
This incumbent will provide post lending, customer services and underwriting on Small and Medium Enterprise (SME) and corporate loan products. In addition, s/he will complete tasks assigned by the manager and prepare loan analysis and loan recommendations to meet objectives.
Responsibilities
Include but are not limited to
Business Development
Support implementation of the SME development strategies and proactively seize market opportunities to expand client base
Underwrite loan business develop and maintain normal business relationship with customers.
Meet business objectives in the loan operation set by the section head and Branch Manager.
Solicit new corporate customer and meet the target set by department head.
Prepare the CRR and monitor the loan on timely basis.
Participate in various marketing, prospecting and networking activities to enhance Bank's images and build business relationship for prospective new lending opportunities.
Credit Control and Compliance
Handle loan business according to all Bank policies and procedures, as well as OFAC/KYC requirements and inform customers of regulatory compliance requirement
Inform customers of regulatory compliance requirement.
Work and coordinate with the Quality Control Unit and BSA Section to perform customer account reviews for loan customers.
Help to defines high risk business character for current portfolio
Enhance BSA/KYC and risk rating in commercial loan
Operations & Post Lending Customer Service
Ensure all documents required per loan agreement have been obtained and uploaded to the centralized documentation storage, address post lending questions or issues, including updating post lending tickler to ensure receipt of all documents required per loan management
Prepare annual reviews, credit related memos, site visits and presentation reports
Communicate with the Operation Service Department and answer customer inquiries relating to tax, insurance, annual escrow accounts or other post lending questions
Review the completeness of loan application, term sheet preparation, arrange appraiser to appraise the value of properties and order credit reports, review appraisal reports, engineer, environmental and credit reports
Prepare credit recommendation report and commitment letter after loan approval, negotiate loan documentation, arrange closing and prepare the closing documents
Participate in loan business activities to ensure the loan operation complies with policies and regulations, and answer correspondences from customers and maintain ongoing communication
Qualifications
Bachelor's Degree or above, preferred major in Finance, Economics, Accounting or relevant fields
Minimum 2 years of SME and corporate lending experience within Banking
Sound knowledge of due diligence process, regulatory and compliance, as well as credit analysis, Commercial Real Estate, and product knowledge
Proficiency in Microsoft Word, Excel, Access, PowerPoint
Bilingual ability in Mandarin and English required
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $90,000.00 /Yr.
Auto-ApplyInternal Audit Department - IT Audit Intern
New York, NY job
Introduction
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.
Overview
The new intern will assist with the IT infrastructure and applications Audit Risk Assessment and develop the risk-based audit plan and audit methodologies for infrastructure, applications, and IT related compliance, including information security and cybersecurity, execute audits of IT infrastructure and applications.
Responsibilities
Assist team in completing audit projects within the department as needed;
Assist other team members to complete the corresponding work.
Qualifications
Bachelor degree or above, major in accounting, finance, risk management, computer science etc. is preferred;
Strong capability and skillset both Mandarin and English business communication, writing and reporting.
Pay Range
USD $18.00 - USD $18.00 /Hr.
Auto-ApplyAssociate, Corp Affrs, Brand & Marketing
New York, NY job
Apply now Work Type: Hybrid Working Employment Type: Permanent Job Description: The role will directly support the Corporate Affairs, Brand & Marketing, Americas (CABM) team by providing administrative, operational and business planning and business continuity duties, including but not limited to handling confidential/sensitive matters and materials, proactively anticipating and managing work requirements, acting as a professional representative of the CABM functions with all internal and external stakeholders, prioritizing and sharing information between teams and stakeholders, and supporting CABM in achieving individual and team objectives. This role will also play a key role in managing the Governance responsibilities of the CABM Americas function.
RESPONSIBILITIES
Strategy
* Support CABM team in delivering the CABM strategies for the region
* Compile, organize and support agenda setting for meetings of the CABM team
* Update necessary plans and calendars
Business
* Primary contact for all business and trade associations of the Bank where relevant
* Assist in the preparation, delivery and post-event activities for internal and external events within CABM, including:
* Event Logistics & Planning
* Internal Communications
* Creation of marketing/promotional materials
* Event briefs and post event reviews
* Shipping, packing, receiving duties
Day-to-Day Tasks
* Assist in organizing staff engagement events (e.g. town halls), volunteering and fundraising opportunities
* Act as a Brand Champion for Standard Chartered, supporting the team in ensuring brand guidelines are adhered to
* Assist with internal communications - draft written communications, help to collect and provide content for Update Americas and other internal communications channels
* Help manage content on Americas digital sites and provide support for staff on usage
* Assist with the production of fact sheets, posters, notices
* Monitor the CABM Americas mailboxes and respond to queries from employees
Processes
* Provide full administrative support to Head of CABM, Americas and CABM Americas team
* Manage all bank systems - e.g. ePro, SCBuy, FCS, M7, vendor requests, invoices and payments
* Manage team calendars, organize meetings and teleconferences
* Manage team travel and accommodation requirements
* Manage team expenses and reconciliations
* Assist with necessary team reporting, production of stakeholder reports, presentations
* Departmental Continuity Coordinator for CABM, maintain and update BCP documents
* Maintain all departmental supplies, materials, collateral, e.g. banners, annual reports, stationery
* Work with supply chain management and legal and compliance teams to effectively manage vendors, including sponsorship and donation agreements.
* Identify areas for process improvement and recommend ways to increase functional effectiveness and improve operational efficiencies
Qualifications
* Analytical and numerical skills, strong knowledge of MS Office suite.
* Strong interpersonal skills and multi-cultural awareness and sensitivity.
* Excellent communication skills (written and spoken) and stakeholder management skills.
* Ability to operate within a geographically dispersed and highly varied stakeholder base.
* Ability to collaborate and work dynamically across country, region, business and group stakeholders.
* Strong project management, organisational and administrative skills.
* Ability to effectively prioritise multiple tasks in a high-pressure environment.
* Exemplary integrity, ethics, independence and resilience.
* Ability to work in a matrix organisation, leveraging resources across the organisation to complete deliverables, manage multiple projects and meet strict deadlines.
* Ability to handle sensitive matters at all levels of the organisation with discretion and confidentiality.
* Excellent events management experience.
* Proactive and positive attitude, with a creative eye and good problem-solving skills.
The most important skill:
* Governance management
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
* Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
* Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
* Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
* Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
* Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
* Flexible working options based around home and office locations, with flexible working patterns.
* Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
* A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
* Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment Assessments
Expected annual base pay range for the role is 80,000 USD to 110,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website ******************
Apply now
Information at a Glance
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Executive Office - FLU Risk Manager AVP
New York, NY job
Introduction
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.
Overview
The FLU Risk Manager is responsible for executing the risk management processes and manages the risks within its department, including but are not limited to conducting risk assessments, testing the controls, identifying and reporting risks and issues, monitoring the department's adherence to risk management policies and procedures, performing tasks required under data privacy program, coordinate within department to complete user recertification, and report any information security or data privacy incidents.
Responsibilities
Include but are not limited to
Risk Management Responsibilities
Implement, or coordinate with relevant FLU teams on the implementation of, the RGF and risk management policies and procedures within FLU as well as enforcing relevant controls (e.g. Clean Desk check)
Create and maintain FLU procedures pertaining to FLU Risk Managers' responsibilities
Provide inputs/feedback to IRM risk management policies and procedures
Monitor FLU adherence to IRM standards and requirements
Propose addition, modification and removal of KRIs and thresholds during annual review and off-cycle adjustment, and facilitate the approval process
Monitor, maintain and report KRIs owned by FLU according to the governance requirements in the KRI Procedure
Identify and escalate KRI warning line and limit breaches according to the KRI Procedure
Produce FLU risk reporting for applicable risk areas, and report to Senior Management, IRM and risk committees as appropriate
Identify existing and emerging risks potentially impacting the FLUs if any
Identify incidents and issues and report to respective IRM
Remediate issue or monitor issue remediation according to action plan, validate issue closure documentation for FLU-owned business-identified issues
Conduct risk assessments pertaining to the respective risk areas (e.g. ERA, RCSA)
Maintain a control inventory, process mapping and other documentations as applicable
Develop control testing plan
Conduct control testing, report results, monitor control issue remediation as applicable and validate issue closure documentation
Attend risk management related training
Identify risk management training needs for FLUs
Review the application security requirements, and conduct security control testing on processes, systems, and applications as applicable
Assist ORD in conducting security monitoring investigation as needed
Coordinate risk management related requests from internal/external audit, Head Office and regulators within FLU
Monitor the departmental third-party risk management, business continuity planning/testing and record retention
Actively participate in the monthly FLU Compliance Testing meetings
Participating in the BSA/AML/OFAC risk assessment, including monthly data verification, and demonstrating an adequate understanding of the RAE system
Contributing to the annual Fraud risk assessment, such as ensuring timely completion of the questionnaire with high quality, and reviewing and providing feedback on the reports
Contributing to the annual Consumer and Regulatory compliance risk assessment, such as ensuring timely completion of the questionnaire with high quality, and reviewing and providing feedback on the reports
Acting as the department's regulatory change coordinator, providing timely responses to the LCD as requested
Any additional responsibilities related to compliance risk management, as assigned by their department heads
Act as liaison between CISO and FLU department to perform required assigned projects under Data Privacy Program on a timely basis. Support Data Privacy program deliverables includes but not limited to identifying projects or applications initiated or owned by department and perform necessary privacy impact assessment
Identify data sharing cross-border and follow cross-border data sharing requirements to get required review and approval
Identify and report to CISO on a timely basis any incidents related to data privacy breach or data security breach
Coordinate between FLU and CISO to timely perform and complete user recertification
Other Departmental Responsibilities
Assist the Department Management with day-to-day administration of EO including preparation of workforce analysis and business impact analysis, drafting departmental strategic plan, work reports and others
Conduct quality assurance evaluation and testing to departmental processes, assist with workflow process review and revision
Monitor the implementation of departmental ABAC compliance and expense management
Participate in special projects and other duties as assigned
Qualifications
Bachelor's degree in Business Administration, Finance, or Economics required; Master's degree preferred
Minimum 5 years of Banking or Administration experience required
Minimum 5 years of Risk Management, Compliance, and Internal Control experience
Demonstrate knowledge in risk management processes and principles, regulatory, and compliance
Demonstrate knowledge in Purchasing Management, Asset Management, Expense Management, Facility Management, Reputation Risk Management, Donation and Sponsorship management, Branding and Marketing, and Executive Support, etc.
Bilingual ability in English and Mandarin required
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $65,000.00 - USD $150,000.00 /Yr.
Auto-ApplySenior Credit Officer, Data Centers, Specialized Finance Risk
New York, NY job
Apply now Work Type: Hybrid Working Employment Type: Permanent Job Description: We are seeking an experienced Senior Credit Officer to join our exciting global Specialised Finance Risk team at Standard Chartered Bank. The role will have a primary focus on data center exposures. The role will be based in New York or London. The successful candidate will be working with the Chief Credit Officer as well as other colleagues to drive the risk management of the bank's origination, underwriting, and portfolio.
The Specialised Finance Risk team focuses on clients in the following segments Leveraged and Acquisition Finance, Project and Export Finance, Structured Credit, Transportation, Commercial Real Estate and Underwriting.
Key Responsibilities
* Make final credit decisions and rating assessments using subject-matter expertise
* Risk manage a portfolio of unique counterparties and exposures with early-stage detection of credit deterioration, which includes stress testing.
* Work actively with the Bank's business teams to promote revenue growth whilst protecting Standard Chartered Bank against the downside risks through identification, investigation, mitigation and management of risks.
* The candidate will engage in early-stage deal screening and due diligence of new sponsors, borrowers and transactions, with the ability to analyse complex situations to find solutions. The candidate will further influence deal structuring for best-in-class underwriting standards.
* Present periodic portfolio and industry reviews with senior stakeholders and senior Risk partners.
* Design, maintain and effectively communicate risk control parameters to maintain the risk profile in line with the Group's risk appetite.
Skills and Experience
* Sectoral experiences in Commercial Real Estate and Project Finance.
* Ability to make credit risk decisions / recommendations with semi-complete information, but sufficient to form a sound, well-grounded credit view, in a compressed time schedule.
* Effective engagement with borrowers and sponsors.
* Experience in stakeholder management and ability to express and communicate a credit opinion (written and orally).
* Detailed understanding of creditor documentation.
* Strong ability to assess a diverse range of counterparties, asset classes, hedging products and credit scenarios.
* Proficiency in stress testing.
* Holistic risk assessment and evaluation.
Qualifications
* Industry: Significant expertise in project finance and leverage finance.
* Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in similar role within the same product / business area.
* Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base.
* Strong and agile understanding of credit risk, financial analysis and structuring, and their application in lending decisions for single counterparty credit risk appetite. This would be gained from an investment bank or a structured finance group of a major international organization.
* Regulatory Framework and Requirements: Awareness and understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role.
* Non-technical Skills: Significant relationship management experience - with external stakeholders at the most senior levels, including regulators.
* A desire to grow and learn.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
* Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
* Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
* Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
Expected annual base pay range for the role is 234,230 USD to 325,320 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations Visit our careers website ******************
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
* Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
* Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
* Flexible working options based around home and office locations, with flexible working patterns.
* Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
* A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
* Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Apply now
Information at a Glance
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Corporate Banking Department-Business Administration Intern
New York, NY job
Introduction
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.
Overview
The Corporate Banking Department Intern will provide support to Teams of the Corporate Banking Department with data collection, data analysis, annual reviews, reporting, and presentations.
Responsibilities
Job responsibilities include but are not limited to:
Financial data collection and analysis for credit proposals, asset management, and post-lending
Business data collection and analysis
Assist with preparation of term sheets, credit review memorandums, annual reviews, and presentation reports
Assist colleagues in processing and managing deposits
Responding to home and inter-office inquiries
Qualifications
Bachelor's student or Master's student majoring in Business, Finance, Accounting or Economics preferred
Bilingual ability in Mandarin and English preferred
Experience with Excel, Word, and Powerpoint
Pay Range
USD $18.00 - USD $18.00 /Hr.
Auto-ApplyLegal Office Part-Time Staff
New York, NY job
Introduction
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.
Overview
This position is responsible for assisting in performing independent quality control and risk assessment of daily operations and business transactions of the Branch including performing QA on periodic customer KYC Refresh, new customer on-boarding activities, trigger event reviews, and maintaining appropriate documentation in line with the Bank's policies and procedures; 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.
Responsibilities
ABAC Compliance Program
Assist in conducting ABAC risk assessment and ABAC testing across various areas, including Entertainment & Hospitality (E&H), QA by Owner Departments, customers and transactions monitoring, and deliver support in analyses and summaries and recordkeeping of information/documentation provided by Owner Departments, along with effective communication with respective departments;
Assist in the ABAC audit projects and subsequent remediation, serving as the primary documentation contact for such purposes;
Contribute to other implementation projects as requested by the VP/SVP, such as collecting and analyzing centralized E&H records periodically to enhance process efficiency.
Legal Document Drafting, Review, & Negotiation
Assist in developing, reviewing, initial editing and assessment of contracts and other legal documents (mainly vendor contracts) to ensure implementation of key legal risk parameters across all contracts executed by the Bank.
Participating in the bank-wide special projects as assigned by General Counsel, and assisting the project team from legal aspect, including, but not limited to, providing legal advisory, developing bank-wide policies and procedures, consulting and communicating with outside counsel; and
Assisting with other matters assigned by General Counsel, including regulatory interpretation, issue resolution, communication with Head Office regarding legal matters.
Qualifications
Bachelor's degree is required, preferably in Law or other related disciplines. Master's degree or above is highly preferred.
Excellent analytical, interpersonal, verbal and written communications skills are required
Solid experience in legal drafting, researching and writing are required.
Bilingual abilities in English and Chinese are highly preferred
Pay Range
USD $60.00 - USD $80.00 /Hr.
Auto-ApplyDirector, Corporate Sales Americas
New York, NY job
Apply now Work Type: Office Working Employment Type: Permanent Job Description: Key Responsibilities Strategy * To develop the Bank's relationships with Clients through marketing and sales of Financial Market products.
* Work with clients in conjunction with Relationship Managers, and other colleagues in sales, research and trading to develop a thorough understanding of each prospective client's business needs. Establish an engagement strategy designed to meet those needs.
* Develop a productive working relationship with the client's key decision makers through calling, visits, and provision of relevant ideas to become a critical external resource their decision making process around usage of financial markets instruments.
* Work with Relationship Managers and Originate new clients to market and sell Financial Market products
* Diligent coverage of the daily flow business meeting all required standards and procedures
* Assist the automation of product offering to Clients
* Emphasis on cross asset and cross boarder collaboration in order maximise client service and returns
* Drive the client engagement for RWA optimisation to improve the overall FM product RoRWA
Processes
* The role will involve liaising with clients and executing trades and orders in line with SCB's policy and procedures consistent with all FM Sales staff globally including Order Handling , Record Keeping and Best Execution
* Accountable for ensuring appropriate frameworks and operational infrastructures are in place to enable the business processes to be efficient, appropriate and compliant with internal policies, procedures, codes and applicable external laws and regulations
* Monitor the utilization of each client's trading limits with SCB, obtain specific approval for any excess likely toarise as a result of a particular transaction
* Continued provision of best in class service to help build the financial markets relationship.
* Taking responsibility for the global financial markets relationship for key clients where appropriate. This will require liaison with Relationship Managers and SCB product specialists in other regions in which clients are active, to help build the global franchise with dedicated coverage accounts.
* Emphasis on proactive engagement with clients, and timely delivery of relevant market intelligence. Always respond to requests in a timely and efficient manner.
* Take ownership of all aspects of service delivery to the client within financial markets, including support functions such as operations.
* Assist in setting up adequate infrastructure to facilitate dealing (book platform, PPG, CA monitoring, seeing approvals with TCRM/GMR/LC etc)
* Drive/follow Financial Market themes and key initiatives and close alignment with the risk books
Qualifications
* 5+ years of experience in product management or a similar role within the financial services industry, with a strong focus on client-facing solutions
* Proven track record of working with diverse client segments, including financial services counterparties, sophisticated market participants, and MNC corporate clients.
* Solid understanding of Client Lifecycle Management (CLM) principles and their application in a complex financial institution.
* Exceptional stakeholder management and communication skills, with the ability to influence and build consensus across all levels of an organization, including C-Suite.
* Strong analytical and problem-solving abilities, with a data-driven approach to decision-making.
* Bachelor's degree in Business, Finance, Technology, or a related field. MBA or advanced degree is a plus.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
* Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
* Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
* Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
Expected annual base pay range for the role is 175,000 USD to 325,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations Visit our careers website ******************
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
* Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
* Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
* Flexible working options based around home and office locations, with flexible working patterns.
* Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
* A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
* Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Apply now
Information at a Glance
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Executive Office-IT Asset Management Specialist AVP
New York, NY job
Introduction
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.
Overview
This is a mid senior level position within the IT function responsible for managing the bank's IT fixed assets and inventories. The successful candidate will play a key role in ensuring the accuracy and integrity of asset records, conducting regular audits, and supporting the IT Team in optimizing asset utilization.
Responsibilities
Asset Tracking & Management:
Implement and maintain an IT asset management (ITAM) system that supports compliance requirements, including tracking asset location, ownership, lifecycle status, and associated costs.
Ensure the ITAM system integrates with other relevant systems (e.g., procurement, help desk).
Generate reports on asset utilization, depreciation, lifecycle costs, and other key metrics, providing insights for informed decision making and demonstrating compliance with financial reporting regulations.
Collaborate with IT teams (e.g., Network, Systems, Help Desk, Security) to ensure accurate asset data capture and reporting throughout the asset lifecycle, adhering to established change management procedures. This includes documenting all changes to asset configurations and locations.
Implement and enforce asset tagging and labeling standards to facilitate accurate tracking and accountability.
Inventory Management:
Manage inventory levels of IT consumables, such as spare parts, cables, and office supplies.
Process purchase orders and track deliveries of IT equipment and supplies.
Maintain adequate inventory levels to support business operations and minimize downtime.
Conduct periodic reviews of inventory levels and identify opportunities for cost optimization.
Asset Disposition:
Oversee the decommissioning and disposal of obsolete or surplus IT equipment in accordance with company policies and regulatory requirements.
Ensure proper data sanitization and secure disposal of electronic waste.
IT Support & Collaboration:
Collaborate with IT teams to ensure accurate asset data is captured during deployments and installations.
Provide support to IT staff on asset related queries and issues.
Assist in the implementation of new IT initiatives and projects related to asset management.
Audit & Compliance:
Assist with internal and external audits related to IT assets and inventory.
Ensure compliance with relevant industry standards and regulatory requirements.
Qualifications
Bachelor's degree in Information Technology, Computer Science, or a related field preferred.
Minimum 4 years of IT asset management or inventory control required.
Minimum 4 years of IT technical work experience required.
Preferred certifications: CCNP, CCNA), server administration, or other relevant IT certifications (e.g., MCSE, CompTIA)
Bilingual ability in Mandarin
Experience in a banking or financial institution is highly preferred.
Experience in compliance and regulations are highly preferred.
Pay Range
USD $65,000.00 - USD $150,000.00 /Yr.
Auto-ApplyCredit Risk Management Department Credit Analyst III Intern
New York, NY job
Introduction
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.
Overview
The intern will support on post lending management of the structured, leveraged, and project finance portfolio.
Responsibilities
Annual /quarterly reviews of loan transactions
Chinese credit packages
Portfolio reporting and data analysis
Select live credit transactions.
Qualifications
Bachelor's degree.
Ability to conduct financial analysis in English and Chinese.
Proficiency in PowerPoint to assist with loan portfolio slides.
Analyze loan transaction information in excel format.
Fast and willing learner.
Pay Range
USD $18.00 - USD $18.00 /Hr.
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