2026 Campus Recruitment Enterprise Risk Management Model Risk Associate

Bank of China Limited, New York Branch; New York (NY); On-site; USD 50,000 - 70,000; Full time

Job summary

Bank of China Limited, New York Branch is seeking an Associate in Model Risk Management to support the validation and governance of financial models. The role involves assisting in independent model validation, remediation tracking, and contributing to EUC control efforts.

The candidate should have a Bachelor's degree, with internships in risk management preferred, and strong analytical skills. Mandarin bilingual ability is highly preferred, with opportunities to work across regulatory-driven

Qualifications

• Bachelor's degree in a related field required; Master's preferred.
• FRM or CFA certification is a plus.
• Strong analytical and quantitative skills for model validation.
• Specialty in credit risk models and compliance models preferred.
• Bilingual Mandarin (oral and writing) highly preferred.

Responsibilities

• Assist independent model validation for models in the inventory and produce validation reports.
• Support remediation of model validation findings and monitor progress.
• Communicate validation findings with model developers/owners/users and coordinate remediation activities.
• Assist in maintaining model inventory and conducting annual model review/attestation processes.
• Assist EUC control framework maintenance and enhancement.

Skills

Analytical thinking

Quantitative skills

Model risk understanding

Communication

Team collaboration

Education

Bachelor's degree

Master's degree in Financial Engineering/Math/Statistics/CS

FRM or CFA

Job description

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

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

The job is an Associate role in Model Risk Management team, which requires the understanding of model risk management framework and regulatory requirements. The role will assist and support the team on the model risk management framework, including assisting to perform independent model validation and helping the team carry out model risk governance activities. In addition, this role supports certain tasks around model risk governance, and also support the team on contributing in End User Computing (EUC) control process as well.

Responsibilities

Include but are not limited to:

Model Validation

• Assist the team on conducting the independent model validation for models defined in the model inventory and produce model validation reports
• Support the team on reviewing the remediation of model validation findings
• Communicate with model developers/owner/users regarding validation findings and remediation activities

Model Risk Governance

• Assist the team to implement the activities defined in model risk management framework and ensures that the Bank's model risk management framework continues to align with regulatory expectations
• Assist the team to maintain model inventory and conduct annual model review/attestation processes
• Assist the team on maintaining model inventory and conduct annual model review/attestation processes

EUC Control

• Assisting the team in EUC control framework maintenance and enhancement

Qualifications

• Bachelor's degree required at the time of hiring, Master's degree in Financial Engineering, Mathematics, Statistics or Computer Science major preferred.
• Internship experiences in risk management preferred.
• Demonstrate strong analytical and quantitative skills to understand and ability to validate models effectively.
• Specialty in credit risk models and compliance models preferred.
• FRM or CFA preferred.
• Bilingual ability in Mandarin (oral and writing) is highly preferred.

Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $50,000.00 - USD $70,000.00 /Yr.