LCD-FLU BSA and Compliance Oversight Associate

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.

The incumbent plays an important role in compliance risk metrics management. Duties will include assisting the VP to manage the Heatmap reporting processes. The incumbent is responsible for collecting and interpreting data, analyzing results using statistical techniques, providing ongoing reports, conducting risk identification and making escalations to appropriate channels as warranted.   

Include but are not limited to:

Compliance Metrics Reporting

• Collects relevant data from the Data Providers.
• Prepares the Compliance Risk Metrics Report.
• Vets the report with the Data Providers and other key stakeholders.
• Maintains and manages the relevant metrics database.
• Assists in providing data for uploading into QlikSense and the review of data after uploading.
• Is responsible for KRI regular reporting, breach reporting, KRI changes and reviews following the relevant procedures.
• Identifies and incorporates additional metrics / data for heatmap.
• Reviews and updates the relevant procedures for continuous enhancements.
• Updates KRI Management Platform and Issue Management Platform in accordance to the relevant procedure requirements.
• Liaises with action owner(s) for KRI breach notification and KRI limit breach escalations.
• Assists the VP with addressing requests from the regulators, IAD, CMTG, Risk Assessment Team, ERM, etc.  

Others

• Assists the Deputy Chief BSA Officer and the VP with other types of BAU and ad hoc assignments, including, but not limited to quarterly assurance review of the FLU Compliance Monthly Summary report and FLU AMLCC Subcommittee meeting deck, preparing meeting minutes draft etc.

• Bachelor’s degree in Computer Science, Financial Engineering, Data Science, Information Technology, Actuarial Science, Finance, Economics, or a related quantitative discipline is required
• 1 - 3 years of work experience as a Statistical Data Analyst
• 1 - 3 years of work experience in Legal and Compliance
• Proficient in developing data models, designing databases, and employing data mining techniques
• Experienced in using reporting packages such as QlikSense, and Spotfire, along with expertise in SQL databases and programming in Python
• Skilled in statistical analysis using tools like Excel, and SAS, with a strong command of statistics
• Advanced proficiency in MS Excel for creating charts, graphs, utilizing vlookup, pivot tables, etc., as well as in PowerPoint, VBA and Word
• Demonstrated quantitative and qualitative analytical skills, adept at synthesizing large amounts of information into clear and concise summaries
• CAMS certification preferred