2025 Spring Campus Recruitment Financial Management Associate

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

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

 

This role will be responsible for assisting in developing and maintaining financial budgets and allocations under the guidance of the Head Office and Executive Management; supporting the analysis and monitoring of the execution of financial budgets; preparing management reports as required by the Head Office and Executive Management and contributing to expense management and assist in managing fixed assets.

Responsibilities

The Associate may be assigned to one or more of the functions below:

 

Expense Management 

• and queries with Visual Basic for Applications (VBA) and SQL to analyze data
• Assist in maintaining and updating the Branches Expense Management Policy
• Support the preparation of the annual expense budget and allocations, following guidelines from the Head Office and Executive Management
• Monitor, analyze, and document the execution of the annual expense budget periodically
• Support in evaluating new and existing projects/initiatives to assess their validity and value as part of the financial reviewing working group

 

Fixed Assets Management

• Assist in maintaining and updating Branches Fixed Assets Management Policy
• Support and coordinate with other departments to apply for fixed assets budget approval from Head Office
• Support and work closely with other departments in tracking and forecasting fixed assets execution in comparison to their budget
• Support and coordinate with other departments to conduct annual inventory fixed assets required by Head Office

Financial Management Reporting

• Produce visualized financial data and compose monthly financial reports for Executive Management
• Assist in evaluating the Bank’s financial performance with visualized financial data in presentations and support heads of department and executive management with data-driven analysis
• Conduct market research across different market segments to identify customer and market trends

Profitability System Maintenance & Reports Reconciliation

• Assess data inconsistencies with remediation to ensure accuracy and completeness of management reporting in the profitability system
• Test new system enhancements including but not limited to data mapping and data accuracy, report formats, and dashboard visualization to ensure system satisfies required standards

Head Office request Regulatory Reports and Financial Analysis

• Prepare head office requested regulatory reports and financial analysis
• Responses to questions raised by the head office
• Responsible financial projection and operating forecast (Profit & Loss)
• Support heads of department and executive management with data-driven analysis

Ad-Hoc

• Prepare meeting agendas and minutes, consolidate presentation materials, and arrange necessary management meetings
• Prepare Ad-Hoc managerial reports based on requests and new requirements

Qualifications

• Bachelor’s degree of Accounting or Finance at the time of hiring
• Internship experience in banking/financial service industry
• Knowledge of  financial trends both within the company and general market patterns preferred
• Proficient user of financial software (MS Microsoft Word, Excel and PowerPoint)
• Demonstrate excellent problem solving skills, communication and writing skills
• Knowledge in pertinent company codes and policies; personnel processes; program planning and development; audit procedures; and regulatory policies and laws

Pay Range

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

USD $50,000.00 - USD $70,000.00 /Yr.