Global Markets Department-Bond Desk Associate/AVP
Apply NowCompany: Bank of China Limited, New York Branch
Location: New York, NY 10025
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/Assistant Vice President position of Bond Desk is designed to assist head of the desk to manage NYB's bond portfolio while taking acceptable liquidity/credit risk to meet financial target and regulatory requirements. This incumbent is subject to KPI evaluation.
Responsibilities
Include but not limited to
Bond Portfolio Management
Business Operation
Compliance and Risk Management
Research and Special Projects
Qualifications
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.
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/Assistant Vice President position of Bond Desk is designed to assist head of the desk to manage NYB's bond portfolio while taking acceptable liquidity/credit risk to meet financial target and regulatory requirements. This incumbent is subject to KPI evaluation.
Responsibilities
Include but not limited to
Bond Portfolio Management
- Assist Bond Desk Head in managing bond portfolios and monitoring market movement
- Monitor portfolio performance in terms of market value, duration, ratings etc.
- Research new investment ideas for portfolio consideration
- Develop models for quantitative analysis
Business Operation
- Conduct bond transactions in compliance
- Complete all documentation and reports related to the transactions
- Act as back up of designated team
Compliance and Risk Management
- Comply with all applicable laws and regulations regarding anti-money laundering, BSA, OFAC, Dodd-Frank framework, Volcker rule, etc.
- Manage bond portfolio exposure and limit to ensure no breaches
- Collaborate with Middle Office and Back Office to ensure accurate and timely transaction input and settlement
Research and Special Projects
- Research and evaluate economic, market and other factors affecting fixed income industry and the Bank's portfolio
- Participate in strategic or specific projects and other tasks assigned
Qualifications
- Bachelor's Degree required
- Minimum 1 year of Fixed Income Investment experience for Associate level; Minimum 5 years of Fixed Income Investment experience for AVP level
- Knowledge in Fixed Income and financial analysis
- 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 $150,000.00 /Yr.