Commodity Business Center - BSA Intern - Bank of China Limited, New York Branch
New York, NY 10018
About the Job
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 intern will support BSA team and the daily workload.
Responsibilities:- Assist the BSA Officer in performing Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) – related risk control and quality assurance tasks for Commodity Business Center.
- Work with marketing team to perform KYC due diligence and BSA/AML monitoring in accordance to the Bank’s policies and applicable KYC procedures.
- Identify, monitor, manage and report Compliance risk issues, and escalate to BSA Officer and Head of CBC.
- Monitor the performance of CBC’s loan portfolio in accordance to requirements as spelled out in credit approval and legal documents.
- Coordinate reporting between CBC and risk (RMD) / Operations (TSD and OSD).
- Identify issues/concerns related to portfolio management, escalate to QCU Head and Head of CBC as appropriate and propose alternate solutions.
- Bachelor’s degree required.
- Preferred major in Finance/Economics.
Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
Source : Bank of China Limited, New York Branch