Job Title

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.This position will be responsible for performing a range of functions in support of market research, customer service monitoring and expansion, market assessment, SWIFT related maintenance and requests, as well as BSA/KYC duties performance for customer/noncustomer relationships under the direction of the Team Lead. This position not only requires the knowledge of basic BSA/AML laws and regulations but also requires a broad understanding of product and services the Branch offers. Business DevelopmentAssist with market research and identify business opportunities Conduct sales calls to financial institutions in US/North America (and China) for the purpose of establishing correspondent banking relationship Follow up with financial institutions and approach Banks for business opportunities to solidify relationshipsMaintain regular contact with customers and look for opportunities to deliver added value to the existing customer relationshipsAssist with the development of new product projectsRelationship and Account ManagementManage relations with assigned customers to maintain existing business and seek potential businessMonitor customers’ account balance on an ongoing basis and prepare account balance trends Review customers’ credit data and analyze financial ratio, spreadsheets, and cash flow worksheets to evaluate the riskiness in customer relationships Respond to customer inquiries in a timely manner and coordinate with other departments as needed Identify costs and risks associated with accounts and prepare plans to mitigate such Organize events, seminars, conferences, receptions and exhibitions to promote the Bank’s brand and business Conductmarketresearch, identify business trends that may impact the business, and prepare marketing materials in accordance with the Bank policies, procedures and regulatory requirementsManage accurate recordkeeping of assigned customers for up-to-date documentationsConduct site visits to build relationship with clients and to fulfill due diligence requirements.CompliancePerform due diligence reviews (e.g. CDD, EDD, sanctions/PEP/Negative News screening) on assigned customer/noncustomer and refresh reviews. Report any unusual activity to supervisor when necessaryConduct monthly screening on clients and related partiesConduct annual and periodic refresh reviews on assigned accounts to ensure compliance with regulatory requirementsContinuously monitor assigned accounts and follow up with customers about their transactions Ensure transactions are in compliance with Bank policies, procedures and regulatory requirementsReview and validate USA Patriot Act certifications/re-certificationsConduct legal and compliance research and provide report of summary of the analysis of lawsProcess authenticate and revoke RMA keys as per other business requestMaintain and create new customer profiles in related system Perform account management process from contacting customers, conducting onsite visits, opening accounts, conducting due diligence for customer/noncustomer account, monitoring and closing accountsPrepare routine and ad-hoc reports including AML call reportsAssist BSA officer regarding tasks or matters from the compliance departmentAt least a year of work experience in banking/financial services required for Associate level; 4+ years of work experience for AVP level BA/BS idegree n Finance, Economics, Business Administration, Risk or Law is requiredKnowledge of banking products and services, regulatory and compliance, banking/financial services industry, correspondent Banking Business Knowledge, marketing and risk management and assessment requiredBilingual language skills in English and Mandarin is highly preferredUSD $42,000.00 - USD $150,000.00 /Yr.