Demo

Financial Institutions Department - Business Management Associate/AVP

Bank of China Limited, New York Branch
New York, NY Full Time
POSTED ON 3/26/2025
AVAILABLE BEFORE 3/25/2026

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 position is responsible for assisting the Business Management team lead within the Financial Institutions Department. This role provides essential coordination and analytical support to ensure the smooth execution of business planning, financial tracking, and project coordination. This position also provides support to the Financial Institutions Department by assisting with departmental operational and administrative activities.

Responsibilities

  • Expense Budget Management- Assist in the development and management of FID’s annual expense budget, ensuring accurate forecasting, expense tracking, and variance analysis.- Oversee the Training and Travel Budget Tracker, monitoring allocations and expenditures to maintain financial discipline.- Facilitate procurement processes, reviewing financial requests and ensuring adherence to budget constraints.
  • Operational & Business Process Management- Manage third-party vendor for the department.- Ensure proper Document Retention practices, maintaining compliance with legal and regulatory requirements for recordkeeping.

    - Conduct Annual Abandoned Property Reconciliation, ensuring compliance with regulatory requirements.

    - Oversee IT equipment management, ensuring appropriate inventory tracking, replacements, and compliance with technology security policies.- Maintain and update Authorized Signature Lists   

    - Administer OA system application submissions

  • Department administrative support

    - Manage office resource planning, including stationery procurement and equipment inventory oversight.- Organize and document bi-weekly department meetings.- Compile and distribute business reports summarizing key departmental activities, achievements, and operational updates.- Serve as the liaison for Lotus Notes email forwarding, ensuring seamless communication flow within the department and across teams.- Facilitate the User Access Tracker update, ensuring accurate record keeping of system access for security and audit purposes.- Manage the New Joiner/Termination Checklist update, ensuring smooth onboarding and off boarding processes.

    - Track and monitor employee participation in BOC Learning Environment online training, ensuring completion of required programs.- Conduct monthly attendance checks, tracking and verifying staff attendance for compliance and reporting purposes.- Facilitate team-building activities, including Birthday Events and employee engagement programs, fostering a collaborative work culture.
  • Qualifications

    - Bachelor’s degree in Finance, Accounting, Data Science, Business Administration, Economics, or a related field.- Minimum 3 years of experience in business management, banking operations, or administrative support.- Strong analytical and problem-solving skills, with the ability to interpret financial and operational data.- Excellent communication and stakeholder management skills, with experience working cross-functionally.- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) and experience with business reporting tools.- Strong ability to manage multiple priorities, meet deadlines, and drive process improvements in a fast-paced financial services environment.

    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.

    Salary : $150,000

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Financial Institutions Department - Business Management Associate/AVP?

    Sign up to receive alerts about other jobs on the Financial Institutions Department - Business Management Associate/AVP career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $204,734 - $310,294
    Income Estimation: 
    $253,756 - $408,355
    Income Estimation: 
    $75,004 - $94,003
    Income Estimation: 
    $95,426 - $117,847
    Income Estimation: 
    $95,426 - $117,847
    Income Estimation: 
    $115,392 - $147,123
    Income Estimation: 
    $134,789 - $172,032
    Income Estimation: 
    $173,091 - $215,978
    Income Estimation: 
    $63,474 - $77,545
    Income Estimation: 
    $75,004 - $94,003
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Bank of China Limited, New York Branch

    Bank of China Limited, New York Branch
    Hired Organization Address New York, NY Intern
    Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in asset...
    Bank of China Limited, New York Branch
    Hired Organization Address New York, NY Other
    Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in asset...
    Bank of China Limited, New York Branch
    Hired Organization Address New York, NY Full Time
    Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in asset...
    Bank of China Limited, New York Branch
    Hired Organization Address New York, NY Full Time
    Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in asset...

    Not the job you're looking for? Here are some other Financial Institutions Department - Business Management Associate/AVP jobs in the New York, NY area that may be a better fit.

    Financial Institutions Department - Credit AVP

    Bank of China Limited, New York Branch, New York, NY

    AI Assistant is available now!

    Feel free to start your new journey!