Commodity Business Center - BSA Intern - Bank of China

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.

Qualifications:

• Bachelor’s degree required.
• Preferred major in Finance/Economics.

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

:USD $17.00 - USD $17.00 /Hr.