Banking Department-Business Development & Management AVP
Bank of China Limited, New York Branch · NY, US
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About the Role
The incumbent will assist the Vice President with the execution of new business development strategy.
Responsibilities
- Lead quantitative and qualitative market research using both English and Chinese sources for developing, improving, and marketing cross-border banking products.
- Prepare and execute strategic marketing plans in English and Chinese to target customers based on economic conditions, market trends, and product viability.
- Identify new areas in product design, pricing, testing, and monitoring to minimize risk and maximize profitability.
- Prepare and present analytical findings and business proposals to stakeholders for decision-making on product management.
- Monitor and evaluate product performance by measuring KPIs, costs, and profits to control financial risk exposure.
- Utilize quantitative models to conduct statistical analysis and extract data insights for reports and proposals.
- Serve as the liaison between the department, BOC Head Office, and partners for project management and coordinate marketing campaigns.
- Compile data and draft reports in English and Chinese for management.
- Understand, comply with, and monitor applicable laws and regulations.
- Forecast potential risks during product launches or strategy execution.
- Work closely with relevant departments to ensure risk controls are implemented effectively for all products and services.
- Monitor and update existing policies and products to align with BOC policies and regulatory guidelines.
Requirements
- Bachelor’s degree or foreign equivalent in Business, Economics, Finance, Accounting, Statistics, or related field.
- Master’s degree in business with data statistical analysis skill is preferred.
- Minimum 2 years of work experience in the job offered or related occupation.
- Demonstrate adequate knowledge of banking products and services, and banking operational procedures.
- Fluency in Mandarin is required.
Skills
- Quantitative and qualitative market research
- Strategic marketing plan execution
- Product design, pricing, testing, and monitoring
- Analytical findings presentation
- Statistical analysis
- Data insights extraction
- Project management
- Risk management
- Compliance
- Mandarin fluency
Location
- U.S.
Work Type
- Full-time
Experience Level
- 2+ years
Education Level
- Bachelor's Degree
- Master's Degree
Salary/Compensations
- USD $65,000.00 - USD $150,000.00 /Yr.
About the Company
- 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.