Financial Management AVP

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
The financial management AVP is responsible for the preparation of financial management reporting, profitability analysis, budgeting and forecasting, operating expense management, and management analysis for all business lines and branches of Bank of China.
Responsibilities
Include but are not limited to:
Financial Management Reporting

• Review query based daily P/L and Balance Sheet reconcile with RP system
• Review Daily Top 10 Assets & Liabilities with Current Interest Rate Report in RP system
• Prepare financial projections, and operating forecast (Profit & Loss) per head office request
• Prepare Ad-Hoc reports and analysis as required

Customer Profitability and Relationship/Product Profit Sharing Report

• Prepare customer profitability report for business lines
• Prepare account officers profitability and revenue analysis for business lines
• Prepare and analysis product profitability and customer revenue report. Align respective products and income to related account officers
• Create profit sharing analysis and report by product and its relationship with various business lines

RP-System Maintain & Enhancement

• Conduct financial management and analyze the growth and improvement of business using key metrics and visuals in the RP system.
• Assess data inconsistencies with remediation to ensure accuracy and completeness of management reporting.
• Consolidate metrics from the RP system to create a unique reporting package. Analyze key metrics to measure performance by product, customer and business units.

Fixed Assets Management

• Maintain and update BOC US Branches Fixed Assets Management Policy
• Assist, support and coordinate with other departments to apply for fixed assets budget approval from Head Office
• Assist, support and work closely with other departments in tracking and forecasting fixed assets execution in comparison to their budget

Ad hoc responsibility

• Assist on preparation of periodic financial reports to the management and Head Office
• Provide financial analysis specific to the needs of the assigned business unit(s)
• Respond and prepare responses to requests from HO or other departments in a timely manner

Qualifications

• Bachelor's degree is required
• 4 years of experience in Banking and financial related area
• Proficient with office software (MS Microsoft Word, Excel and PowerPoint), SQL, VBA
• Knowledge of Financial Modeling, US GAAP, Budgeting, Analytical Framework, Compliance, and Local Banking Laws and Regulations
• Efficient critical thinking and problem solving skills
• Communication and writing skills in both English and Chinese

Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $65,000.00 - USD $150,000.00 /Yr.