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Risk Control Associate
2 months ago
Bank of China Limited, New York Branch is seeking a highly motivated and detail-oriented Risk Control Associate to join our Global Markets and Treasury team.
Key Responsibilities- Monitor and manage risks associated with global markets and treasury operations, ensuring compliance with regulatory requirements and internal policies.
- Investigate violations and irregularities, ensuring that breaches of risk limits are promptly addressed, reported, and documented.
- Conduct scenario analysis and stress testing to assess the potential impact of adverse market conditions on portfolio performance, working with investment teams to devise suitable risk mitigation strategies.
- Generate routine reports and assist in producing ad hoc business and risk analysis reports for management and Head Office.
- Monitor market trends, news, and events to evaluate potential impacts on the fund's portfolios, identify emerging risks, and deliver timely insights to senior management and investment teams.
- Create risk warning reports and notices, gathering credit rating changes, market trends, and interest rate information related to counterparties and clients.
- Develop regular risk reports and presentations for senior management and investment committees, effectively communicating key risk metrics, trends, and insights to facilitate informed decision-making.
- Bachelor's degree in Finance, Accounting, or banking and investment related majors.
- Internship experience in the financial market business related field is preferred.
- Solid understanding of financial market products and related risk management is preferred.
- Familiarity with Bloomberg and other platforms is preferred.
- Knowledge of front-to-back operations process, financial instruments, and products (Foreign exchange, money market, Fixed Income, Interest Rate Swap, Repo, etc.) is preferred.
- Proficiency in SQL, VBA, and Python is a plus.
- CFA or FRM is not required but preferred.
- Bilingual abilities in English and Chinese are highly preferred.