FX and Derivatives Desk AVP

Bocusa; New York (NY); On-site; USD 65,000 - 150,000; Full time

Job summary

A leading bank is seeking an Assistant Vice President responsible for FX and Derivatives Desk operations. The role includes trading in global markets and ensuring compliance with financial regulations. Candidates should have over 5 years of financial market experience and preferably be bilingual in Mandarin.

Benefits

Medical insurance

Vision insurance

401(k)

Qualifications

• Minimum 5+ years of Financial Markets experience required.
• Demonstrate sound knowledge in Financial Markets, trading, and compliance.
• Bilingual ability in Mandarin preferred.

Responsibilities

• Manage FX and Derivatives Desk business operations.
• Collaborate on pricing global markets products for clients.
• Participate in new product research and compliance management.

Skills

Financial Markets

Trading

Compliance

Bilingual in Mandarin

Job description

This range is provided by Bank of China USA. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$65,000.00/yr - $150,000.00/yr

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 Assistant Vice President is responsible for FX and Derivatives Desk business operation. Major responsibilities include daily global markets trading and assist team to meet financial target. This incumbent is subject to KPI evaluation.

Responsibilities

Include but are not limited to:

Foreign Exchange and Derivatives Management

• Collaborate with product team to quote global markets product prices for clients
• Act as back up of designated team

New Product and Research

• Participate in the new product research and development and life cycle management
• Analyze research report and financial market news, and conduct business analysis as needed
• Keep abreast of financial market developments and regulatory updates by attending training workshops, seminars
• Participate in special projects and/or other duties as assigned

Compliance and Risk Management

• Comply with all applicable laws and regulations regarding anti-money laundering, BSA, OFAC, Dodd-Frank framework, Volcker rule, etc.
• Execute transactions within authorized limits and monitor global markets product risk exposures
• Monitor counterparty credit risks and ensure there are no breaches
• Follow existing policies and procedures, and provide recommendations/update as needed

Qualifications

• Minimum 5+ years of Financial Markets experience required
• Demonstrate sound knowledge in Financial Markets, trading, and compliance
• Bilingual ability in Mandarin preferred

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Management

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

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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