Internal Control Assistant-Banking Department

As a Luxembourg-incorporated bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With 45 years of expertise and experience in the European markets, Bank of China Luxembourg extended its roots from Luxembourg to other European countries by setting up various branches in the Netherlands, Belgium, Poland, Sweden, Portugal, Greece and Ireland.

Taking into account the wide regional coverage across Europe and to further unify the brand image, in 2022, Bank of China Luxembourg changed its name to Bank of China Europe, together with the 7 cross border branches across Europe. In that same year, BOC Europe became the sole shareholder of Bank of China (Central and Eastern Europe) and Bank of China Serbia.

After years of remarkable efforts, the Intermediate Parent Undertaking (IPU) is established and BOC Europe will play an important role as the overseas headquarters in Europe, managing itself and regions covering 13 countries and 15 institutions, through integrated management and regional integration.

Bank of China Europe adheres to the guidance of BOC Group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Comprising of an international workforce with a multicultural background of 30 different countries and regions with over 600 employees, with common objectives and a strong brand name that is widely recognized within the financial sector and across various industries, Bank of China Europe is continuously focusing on promoting high-quality development.

Responsibilities would be, but not be limited to, the following:

• Assist in internal risk control on the departments self-operation business
• Assist in risk control on personal banking business line of cross-border branches.
• To conduct the departmental administrative work and subsidiary management work.
• Assist in organizing the regular review and revision of departmental policy and procedures;
• Assist in checking the implementation of Regulatory rules, the bank and the department relevant policies and procedures in the business inline of cross-border branches and the department, reporting to Head of the department
• Assist in analyzing and evaluating the comprehensiveness, effectiveness and improvement of risk control measures for high risk business related to the business line and the department, reporting to Head of the department
• Assist in conducting on-site and off-site inspection to the department and the business line of cross-border branches.
• Assist in organizing the follow up and verification on the rectification of findings discovered in regulatory inspections. Compliance reviews, internal and external audits in the business line of cross-border branches and the department.
• Assist in organizing relevant internal training in the business line of cross-border branches and the department.
• Conduct the routine work of the department middle desk, such as specimen verify, internal account reconciliation, departmental administrative work.
• Any other job responsibilities assigned by the department.

Profile:

• Familiar with the relevant regulations, policy and procedure, and operation practice, workflow, systems
• Good understanding of the general, economic, political and business environment of the region
• Committed, confident, determined, self-motivated, strong analytical and effective written and verbal communication skills.
• Willing and ability to learn the banking system and relevant department business
• Bachelor Degree or above in Finance, Accounting, Risk management, Audit, Economic Management or Business Related Studies
• 1 year’s work experience or training experience in the banking sector
• Fluency in English and Chinese are essential. French is considered as an advantage.

The deadline for application is 6 June 2024

This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations, please do not hesitate to send your English CV by Smart Recruiters.