Senior Associate - London, United Kingdom - Bank of China

Bank of China

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Financial Markets Department covers both trading book and banking book activities for Bank of China London Branch and Bank of China (UK) Limited.

As a Senior Associate - FX Sales, you will be responsible for an allocated client portfolio to develop the client's FX, rates and commodity derivative business.

You will also support the Sales Team in promoting and cross-selling the Bank's products to achieve flows and profits meeting the Bank's targets and you will support with developing additional markets products and tasks to expand the Bank's markets clients.

This is a full time permanent position.

Key responsibilities

Coverage (joint or independent) of a portfolio of markets corporate counterparties for predominantly FX derivatives & MM deposits with occasional opportunities for rates and commodity hedging
Maintain close dialogue with customer and relevant stakeholders
Collaborate with relationship managers, product partners and all internal stakeholders as well as other Bank of China (BOC) branches to determine new opportunities to bundle existing products and/or drive new crossproduct development in response to local clients' need
Support with onboarding process of new deposit and markets clients and help with regular client maintenance
Participate in projects to establish new derivative products within the Bank and help to develop the client business
Support the Relationship Team in marketing to the Bank's corporate clients and help to convert existing lending clients into markets counterparties
Monitor and support the relevant teams with ISDA negotiations for the Team's clients
Support Team with daily update of counterparty credit limits in EFX platforms, sharing MM rates to clients, contributing to the daily sales & trading call, dealing & booking derivatives & MM deposits, monitoring client credit limits and exposure, and markets commentary
Review and complete all relevant administrative document including endofday trade checks and liaise with various support functions as required
Monitor flows via EFX platforms (360T, FXAll, Bloomberg FXGO) and adjust pricing parameters accordingly
Produce regular or adhoc reports on client flows, EFX, macroeconomic themes and other topics
Monitor FX and derivative markets and share relevant news with clients and colleagues
Prepare market updates and client pitch material
Undertake regular business analysis and specific reports including stress testing and scenario analysis for client's credit exposure
Regular analysis of revenue, volume and credit exposure for local client base
Undergo regular regulatory, compliance and internal trainings as required

Requirements:

Degree educated in Banking, Finance or other equivalent
Working towards or obtained CISI Capital Markets qualification, including UK Financial Regulations, Securities & Derivatives
Demonstrated experience in relevant business area
Knowledge of Financial Markets products and regulatory compliance, counterparty credit risk, ISDA, CSA, or XVA
Familiarity with market data sources
Knowledge of Bloomberg and Reuters is desirable
Proficient in Microsoft Office with excellent Excel and PowerPoint skills
Capacity to proactively anticipate, identify and resolve problems
Strategy oriented with ability to multitask
Excellent report writing skills
Excellent communication skills
Fluency in Mandarin is preferred

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 maintain 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 branch 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 the equal opportunities to grow both personally and professionally.