Financial Institutions Department - Business Management Associate/AVP

bocusa· Relationship Management
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📍 New York, NY, USFULL TIME💰 USD 42K–150K/yr

About this role

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.

    Frequently Asked Questions

    What is the salary for the Financial Institutions Department - Business Management Associate/AVP role at bocusa?
    The listed salary for this Financial Institutions Department - Business Management Associate/AVP position at bocusa is USD 42K–150K/yr. This is an FULL TIME role.
    Where is the Financial Institutions Department - Business Management Associate/AVP position at bocusa located?
    This Financial Institutions Department - Business Management Associate/AVP role at bocusa is based in New York, NY, US. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
    Is the Financial Institutions Department - Business Management Associate/AVP role at bocusa full-time or part-time?
    This is listed as a FULL TIME position. It is posted as a Financial Institutions Department - Business Management Associate/AVP role in the Relationship Management department at bocusa.
    Which team or department does the Financial Institutions Department - Business Management Associate/AVP at bocusa belong to?
    This Financial Institutions Department - Business Management Associate/AVP position is part of the Relationship Management department at bocusa. See the full job description for more information about the team structure and responsibilities.
    How do I apply for the Financial Institutions Department - Business Management Associate/AVP position at bocusa?
    Click the "Apply Now" button on this page. You will be redirected to bocusa's official application portal hosted on icims where you can submit your application directly.
    When was the Financial Institutions Department - Business Management Associate/AVP job at bocusa posted?
    This Financial Institutions Department - Business Management Associate/AVP position at bocusa was posted on Mar 25, 2025. Apply as soon as possible — early applications are often reviewed first.
    Financial Institutions Department - Business Management Associate/AVP
    bocusa · 💰 USD 42K–150K/yr
    Apply for this role ↗

    You'll be redirected to bocusa's official application page on icims.