Treasury Liquidity & Funding Management intern

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 intern will mainly be responsible for USD liquidity and funding coordination and provide related reports within the Treasury Department. He/she will also support the Bank’s key initiatives such as Funding optimization, Broker CD issuance, and RMB business supporting. He/she should have reasonable knowledge of the liquidity and funding management operations in a commercial bank.

Responsibilities

• Liquidity and Funding Management Support - Monitor the day-to-day operations on Nostro accounts, manage the Bank’s non-USD funding and liquidity, prepare Banking Book FX Hedging Effectiveness and Stress Testing reports on a monthly basis, and prepare other non-USD related funding reports as needed.
• RMB business support - Support the RMB liquidity and funding management team to implement and support the Bank’s RMB clearing business strategy, and prepare RMB related reports on a monthly basis.
• BCD Issuance Program Coordination. Support the Bank’s BCD issuance management. Support market research, pricing and funding plan etc. Provide support to other related work based on management needs.
• Other initiatives - Update and maintain excel templates for routine reports when needed. Work on ad-hoc tasks assigned by supervisors, such as contributing to ad-hoc reports or participating in projects.
• Backup - Serve as backup of other team members, especially for performing daily reviews and monitoring of non-USD Nostro account for accuracy and unusual activities.

Qualifications

• Bachelor's Degree is required.
• Microsoft skills (excellent with Excel formulas is required).
• Knowledge related to liquidity and funding management is preferred.
• Mandarin is preferred.

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.