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 incumbent is responsible for the design, implementation, and maintenance of the liquidity risk stress-testing framework, as well as the data collection, mapping, and coordination of liquidity buffer forecasts. In addition, s/he will be responsible of reporting on balance sheet risk management, IBOR Transition, banking book currency risk management, and ad-hoc analysis. Furthermore, this role will communicate and collaborate with business units on liquidity management matters and fulfill various regulatory requirements.
Responsibilities:
Include but are not limited to
Liquidity Risk Management
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Understand and stay current on the liquidity risk management and stress testing regulations and requirement
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Maintain liquidity risk stress testing models, templates, process and procedures; improve and refine existing assumptions, methodology, automation, and documentation
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Monitor liquidity buffer daily
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Coordinate with business units on liquidity buffer forecasts
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Prepare month-end liquidity risk stress testing results and report timely to business units and senior management
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Perform scenario analysis and buffer forecast to assist senior management make strategic decision and capital planning
Risk reporting and analysis
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Conduct interest profit analysis
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Perform quantitative analysis on variance and forecast on balance sheet
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Assist other team members on data source tracking and reconciliation
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Provide data analysis and summary for different spreadsheet reporting
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System upgrades related to IBOR transition
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Create monthly reports including liquidity risk report, business forecast report, foreign exchange exposure report, etc.
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Automate production process and maintain report templates
Risk Governance and Regulatory Exams
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Respond to audit requests and questions from model validation, and regulatory supervising teams
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Prepare audit materials
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Collaborate with other departments on annual liquidity model and assumption review
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Prepare meeting materials and coordinate meetings with various risk committees
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Train and guide junior team members
Qualifications:
- Bachelor’s degree is required, Master's Degree is preferred
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Minimum 1-3 years of work experience in liquidity risk management and/or asset liability management
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Knowledge of financial products and regulatory requirements on EPS, LCR rules, NSFR, etc. is required
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Skills in statistical tools such as VBA or SQL is required
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Bilingual capability in Mandarin is highly preferred
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CFA certification is preferred
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.