At a Glance
- Tasks: Support the Custody Business function by managing risks and processing administrative tasks.
- Company: Join Bank of China, a leading international bank with over 90 years in the UK.
- Benefits: Enjoy private healthcare, pension, flexible benefits, and retail discounts.
- Other info: Embrace a diverse culture with excellent learning and development opportunities.
- Why this job: Make a real impact in a dynamic environment while developing your career.
- Qualifications: Degree in Finance, Accounting, or Business; experience in Compliance or Risk preferred.
About the role
The Custody Business function aims to expand Bank of China (BOC) Group's network of UK sub-custodians to increase BOC London Branch's Assets under Custody, while also collaborating with other market infrastructure providers (ICSDs) to build BOC London Branch's market capabilities. The Function is responsible for Sales, Marketing, Product Development, Pricing and Operations Processing. The Custody Services team is responsible for the safekeeping and administration of financial assets, primarily by financial institutions like banks or trust companies, on behalf of individuals or institutions. As a Senior Associate - Custody Governance & Operations, you will be part of the Business Governance and Administration team to support the sustainable business development strategy of the Custody Business function (CBF). You will play an important role in the team in managing the associated risks. This is a full-time 12 months fixed term contract position.
Key Responsibilities
- Assist with processing the assigned administrative tasks
- Assist with implementing Head Office guidance and notice, maintaining and updating CBF business procedures
- Assist with regular and ad-hoc MI reporting, including collecting data, performing analysis and preparing draft reports
- Perform the RCSA internal control testing, as well as collate and report findings to the Head of Department
- Collaborate with team members to ensure findings are remediated in line with Bank's policies, procedures and regulatory requirements
- Coordinate with other relevant departments such as the Financial Crime and Compliance and the Risk Management departments to assist and facilitate the functions within CBF
Requirements
- Degree educated in Finance, Accounting, Business or other relevant discipline
- Experience in Compliance, Risk or Control role ideally within the Financial Services sector
- Excellent communication skills
- Excellent customer service skills
- Proficient in MS Office (Word, Excel, PowerPoint)
- Attention to detail
- Problem solving
- Team player and able to work independently
- Highly organised
Working here
Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintains its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branches in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy equal opportunities to grow both personally and professionally.
Learning and Development
We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through:
- Access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute
- 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge
- Regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network
- Exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile
- Developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme
- Encouraging a "growth" personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week
- Embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to "future-proof" your career
- Promoting cross-cultural intelligence and seeking out diverse and inclusive perspectives on challenges faced and their solutions
Benefits
We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suit your needs, including:
- Private Healthcare
- Pension
- Employee Assistance Programme
- Complimentary Lunch
- Cycle to work scheme
- Retail Discounts
Senior Associate - Custody Governance & Operations in London employer: Bank of China
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