Financial Institution Department-Non-Chinese Relationship Management Associate/AVP

Bank of China USA; New York (NY); On-site; USD 42,000 - 150,000; Full time

Job summary

The Bank of China USA seeks a Non-Chinese Relationship Management Associate/AVP responsible for fostering and maintaining relationships with financial institutions. This role focuses on business development, compliance, and customer management, requiring skills in Mandarin and English. Ideal candidates possess a degree and relevant banking experience, driven by opportunities to grow and establish relationships in a fast-paced environment.

Qualifications

• At least a year of experience in banking/financial service industry for Associate level.
• Solid knowledge of BSA/AML/KYC, legal analysis, accounting, finance, and banking is required.

Responsibilities

• Assist with market research and identify business opportunities.
• Manage relationships with assigned customers to maintain existing business.

Skills

Customer service skills

Organizational skills

Verbal and written capability in Mandarin

Verbal and written capability in English

Education

BA/BS/LLM degree

Job description

Financial Institution Department-Non-Chinese Relationship Management Associate/AVP

Join to apply for the Financial Institution Department-Non-Chinese Relationship Management Associate/AVP role at Bank of China USA

Financial Institution Department-Non-Chinese Relationship Management Associate/AVP

1 week ago Be among the first 25 applicants

Join to apply for the Financial Institution Department-Non-Chinese Relationship Management Associate/AVP role at Bank of China USA

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 administer and maintain relationships with financial institutions by helping them grow their businesses while expanding the correspondent customer base and carrying out BSA/KYC duties in business line unit.

Responsibilities

Business Development

• 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
  
  

Relationship and Account Management

• 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.
  
  

Compliance

• 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
  
  

Qualifications

• This position requires at least a year of experience in banking/financial service industry for Associate level; 4 + years of work experience for AVP level
• BA/BS/LLM degree required
• Solid knowledge of BSA/AML/KYC, legal analysis, accounting, finance and banking
• Other required competencies include customer service skills, organizational skills and verbal and written capability in Mandarin and English
  
  

Pay Range

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

USD $42,000.00 - USD $150,000.00 /Yr.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

Referrals increase your chances of interviewing at Bank of China USA by 2x

Get notified about new Financial Professional jobs in New York, NY.

Investment Banking Analyst, Equity Capital Markets

New York City Metropolitan Area $110,000.00-$125,000.00 2 weeks ago

New York City Metropolitan Area $70,000.00-$90,000.00 3 weeks ago

New York, NY $110,000.00-$150,000.00 3 weeks ago

Asset & Wealth Management, Growth Equity Investing, Analyst - New York

Investment Bank - Equity Capital Markets - Associate - New York

New York, NY $150,000.00-$225,000.00 6 days ago

New York, NY $110,000.00-$120,000.00 1 week ago

New York, NY $90,000.00-$110,000.00 5 days ago

New York, NY $75,000.00-$90,000.00 2 days ago

Brooklyn, NY $85,000.00-$100,000.00 1 day ago

New York City Metropolitan Area 2 days ago

Analyst - Financial Institutions Advisory/M&A

New York, NY $110,000.00-$130,000.00 4 weeks ago

Investment Banking - Financial Institutions Group - Analyst

Emerging Markets Equity Analyst - New York

New York, NY $95,000.00-$125,000.00 1 week ago

New York, NY $90,000.00-$110,000.00 1 week ago

Risk Analyst - Prestigious Hedge Fund - $250k+ total comp package

New York City Metropolitan Area 3 weeks ago

New York, NY $50,000.00-$115,000.00 5 days ago

Englewood Cliffs, NJ $60,000.00-$70,000.00 6 days ago

Due Diligence Investment Analyst for Hedge Fund/Family Office (Contract)

New York, NY $110,000.00-$225,000.00 2 weeks ago

Analyst, Multinational Banking - New York, NY

New York, NY $100,000.00-$125,000.00 1 day ago

International Equity - Investment Analyst

New York, NY $90,000.00-$150,000.00 3 weeks ago

New York City Metropolitan Area 6 days ago

New York, NY $70,000.00-$95,000.00 4 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.