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 will assist with the development strategies and execution of initiatives that are designed to increase the non-Chinese financial institution business. Other responsibilities include coordinating the bank-wide efforts to establish and develop the RMB Clearing Bank, carrying out BSA/KYC duties in business line units, etc.
Responsibilities:
Client Coverage/Account Management
- Conduct sales calls/meetings with domestic and international financial institutions (except China)
-
Conduct market research to identify new customers and business opportunities
-
Actively participate in business development and community activities that promote and increase the Bank’s visibility
- Maintain regular contact with customers and look for opportunities to deliver added value to existing customer relationships
-
Follow up with financial institutions that approach the Bank for business opportunities
-
Respond to customer inquiries in a timely manner and coordinate with other departments as needed
-
Coordinate annual client relationship reviews
-
Manage accurate recordkeeping of assigned customers for up-to-date documentations
-
Monitor customer account balances on an ongoing basis
Compliance
-
Conduct annual and periodic refresh reviews on existing accounts to ensure compliance with regulatory requirements
-
Conduct monthly screening on clients and related parties
-
Report any unusual activity, pertaining to clients or potential clients, to supervisor
-
Assist BSA officer regarding tasks or matters from the compliance department
Strategic Projects
- Develop strategies and lead the bank-wide coordination of tasks that are required to complete strategic projects
-
Develop strategies for effectively marketing strategic projects to potential clients
Bank-wide Support
-
Prepare marketing materials in accordance to the Bank policies, procedures and regulatory requirements
-
Monitor and assess economic factors for market/industry trends and determine the impacts on the US and Chinese financial markets
Qualifications:
- At least 5 years of banking experience in trade service, treasury Services and/or corporate banking
BA/BS degree in Finance, Economics or Business Administration required
Solid knowledge of correspondent banking business, marketing, product management, relationship management, US-Chinese economic and political relations required
-
Bilingual language skills in Mandarin and English is 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.
