Chicago Branch-Banking Associate

Bank Of China Job Posting

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.

Accounts Management & Customer Service

• Perform or peer review for daily customers' transactions
• Conduct customer due diligence in accordance to bank policies and procedures when opening new accounts
• Review customer profile and related documentations
• Review customer profile new account application and supporting documents for accuracy and inconsistencies
• Distribute all required banking disclosures to new customers
• Prepare documentation for new account, close account and account maintenance requests.
• Conduct customer risk rating set up;
• Provide high quality customer service respond and resolve customer inquiries in a timely and professional manner
• Perform account review and report issues to supervisor
• Perform event trigger KYC refresh review

Regulation and Compliance

• Understand, comply with and monitor the activities, if necessary, of all applicable laws and regulations regarding Anti-Money Laundering, Bank Secrecy Act, and suspicious activity reporting
• Conduct market research and identify trends in various industries that may have an impact on the Bank
• Assist with the monitoring of targeted clients and report any suspicious activity to the supervisor

Qualifications

• Bachelor's degree major in Business, Finance, Accounting, Economics and other related disciplines is required; Master's degree is preferred.
• 1-3 years of banking operation and/or related experience.
• Demonstrate understanding of relationship management, risk management, and due diligence processing
• Bilingual ability in Mandarin (oral and writing) is required.

Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $42,000.00 - USD $90,000.00 /Yr.