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.
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 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
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Assist with processing the assigned administrative tasks
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Assist with implementing Head Office guidance and notice, maintaining and updating CBF business procedures
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Assist with regular and ad-hoc MI reporting, including collecting data, performing analysis and preparing draft reports
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Performs the RCSA internal control testing, as well as collate and report findings to the Head of Department
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Collaborate with team members to ensure findings are remediated in line with Bank’s policies, procedures and regulatory requirements
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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
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Degree educated in Finance, Accounting, Business or other relevant discipline
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Experience in Compliance, Risk or Control role ideally within the Financial Services sector
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Excellent communication skills
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Excellent customer service skills
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Proficient in of MS Office (Word, Excel, PowerPoint)
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Attention to detail
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Problem solving
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Team player and able to work independently
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Highly organised
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.
