Job description

Banking – Business Development and Management - Associate

Job Description

The incumbent will assist with execution of new business development strategy.

Job Responsibilities

Include but are not limited to:

Business Development and Management:

· Conduct market research and competitive research by gathering and compiling financial and statistical data

· Utilize specialized model to deal with statistical information and extract effective data to generate graphs, tables and business proposals based on analytical findings and results

· Develop and innovate various financial products and services to serve cross-border customers

· Assist in identifying new area for product designing, pricing, testing and monitoring product to minimize risk and maximize profitability of policies, products and plans

· Attend and present products at seminars

· Evaluate product performance post-launch by by measuring KPI, costs and profits, benchmark and gap analysis consistently to control their overall financial risk exposure and ensure the stability of business operations

· Monitor and update existing policies/products timely to enhance product features and optimize utilities regarding most updated BOC policies and related regulatory guideline

· Run proven models continually to make financial projections about new products being launched

· Assist in preparing and explaining analytical proposals and findings to various stakeholders to help make decisions on pricing, product development and marketing planning.

· Confer with other departments to manage projects and deal with data discrepancies if any

· Participate in special projects, such as system upgrades, function enhancements, mobile banking development and other duties

Risk Management and Compliance:

· Forecast potential risk during product launch and execution in accordance with economic/marketing conditions changes, specific policies, procedures and standards, to control cost and mitigate risks

· Ensure all risk controls are compliant and implemented effectively and correctly for all new and existing products and service

Job Requirements

· Bachelor’s degree in Business or related field is required; Master’s degree in Business major with data statistical analysis skill is preferred

· Minimum 1 year of work experience in banking business and banking operation

· Demonstrate adequate knowledge of banking products and services, and banking operational procedures

· Bilingual capability in Mandarin is required

The salary ranges for the Associate position is $42,000 - $90, 0000 per year. Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

Job Type: Full-time

Pay: $42,000.00 - $90,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to commute/relocate:

• New York, NY 10018: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Work Location: One location

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