What are the responsibilities and job description for the Banking - Quality Control Associate position at 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 Associate assists with the departments assessment, identification and monitoring of risks.
Responsibilities :
Include but not limited to :
Risk Control Operation
- Assist with completing the departments risk assessments (e.g. RCSA, KRIs, ERA and other assessments)
- Assist with the identification and monitoring of risks related to the department
- Report any inconsistencies / concerns when monitoring of risks to supervisor
- Assist to respond to Independent risk management and third line of defense about risk control or any related inquiry
- Conduct quality assurance evaluation to all banking processes
- Assist in reviewing policies and procedures and providing recommendations
- Assist in workflow process review and revision
- Assist in preparing and coordinating regulatory and internal audit examinations
- Research and respond to information or inquiry requests from regulatory or other government entities
- Assist in monitoring and ensuring the closing and resolution of any departmental audit and compliance issues
- Assist with administration of risk control related training programs to all department employees
- Keep abreast of risk information and regulatory updates by attending trainings, seminars, workshops and reading informational materials
- Assist in special projects and tasks for the department as directed
Qualifications :
Pay Range
Actual salary is commensurate with candidates relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $90,000.00 / Yr.
Salary : $42,000 - $90,000
