2026 Campus Recruitment Enterprise Risk Management Model Risk Associate
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
*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.
The job is an Associate role in Model Risk Management team, which requires the understanding of model risk management framework and regulatory requirements. The role will assist and support the team on the model risk management framework, including assisting to perform independent model validation and helping the team carry out model risk governance activities. In addition, this role supports certain tasks around model risk governance, and also support the team on contributing in End User Computing (EUC) control process as well.
Responsibilities
Include but are not limited to:
Model Validation
• Assist the team on conducting the independent model validation for models defined in the model inventory and produce model validation reports
• Support the team on reviewing the remediation of model validation findings
• Communicate with model developers/owner/users regarding validation findings and remediation activities
Model Risk Governance
• Assist the team to implement the activities defined in model risk management framework and ensures that the Bank's model risk management framework continues to align with regulatory expectations
• Assist the team to maintain model inventory and conduct annual model review/attestation processes
• Assist the team on maintaining model inventory and conduct annual model review/attestation processes
EUC Control
• Assisting the team in EUC control framework maintenance and enhancement
Qualifications
• Bachelor's degree required at the time of hiring, Master's degree in Financial Engineering, Mathematics, Statistics or Computer Science major preferred.
• Internship experiences in risk management preferred.
• Demonstrate strong analytical and quantitative skills to understand and ability to validate models effectively.
• Specialty in credit risk models and compliance models preferred.
• FRM or CFA preferred.
• Bilingual ability in Mandarin (oral and writing) is highly preferred.
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $50,000.00 - USD $70,000.00 /Yr.