Global Markets Department-Product Associate

Bocusa; New York (NY); On-site; USD 42,000 - 90,000; Full time

Job summary

An established industry player is seeking an Associate to support their product team in achieving key performance indicators. This role involves preparing marketing materials, conducting business research, and assisting in product management and risk compliance. You will have the opportunity to work closely with various teams to enhance product offerings and ensure compliance with financial regulations. If you have a passion for financial markets and a desire to contribute to a dynamic team, this position is ideal for you. Join a company with a rich history and a commitment to providing reliable financial services across the globe.

Qualifications

• 1-3 years of experience in Financial Markets required.
• Knowledge in FX, RMB, and interest rate hedging products.

Responsibilities

• Prepare marketing materials and generate business research.
• Assist in product development to meet client hedging demands.
• Ensure compliance with laws and regulations in trading.

Skills

Financial Markets Knowledge

Bilingual in Mandarin

Analytical Skills

Research Skills

Education

Bachelor’s Degree

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

This Associate job is to provide support to product team in assisting achieve team goals. This incumbent is subject to KPI evaluation.

Responsibilities

Include but not limited to

Marketing and Sales

• Prepare marketing materials
• Generate thematic written business research
• Interpret high-frequency economic data in the U.S. and China
• Assist to identify hedging opportunities in FX derivatives and other products
• Follow up all business needs with RMs to better support their clients
• Provide support to team in daily routine work
• Act as back up of designated team

Product Management

• Participate in the enhancement of product offering to promote business growth
• Assist in the new product development to satisfy client's hedging demand

Risk Management and Compliance

• Adhere and facilitate legal documents and onboarding process related to traded products
• Comply with all applicable laws and regulations regarding anti-money laundering, BSA, OFAC, Dodd-Frank framework, Volcker rule, etc.
• Collaborate with Middle Office and Back Office to ensure risk control and facilitate accurate deal booking and timely settlement

Research

• Perform analysis and participate in assigned research project
• Monitor, update and facilitate research information for client/ internal presentations
• Participate in special projects and/or other duties as assigned
• Conduct assigned reports or research analysis

Qualifications

• Bachelor’s Degree required
• Minimum 1-3 years of Financial Markets experience
• Knowledge in FX, RMB, interest rate and other hedging products
• Bilingual ability in Mandarin is preferred, but not 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.