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LGO FLU Risk Management Intern

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Bank of China

May 7

  • Internship
    Full-time
    Off-cycle Internship
  • Legal
  • New York

AI generated summary

  • You need a legal background and bilingual skills for the Risk Management Intern position at Bank of China. Are you up for the challenge?
  • You will conduct legal research, prepare memos, maintain logs, organize files, assist with projects, and handle administrative tasks at Bank of China.

Requirements

  • Legal Background required;
  • Bilingual skills preferred.

Responsibilities

  • Conduct legal research and prepare memos to senior members;
  • Maintain log for daily work, including invoice management, and contract log maintaining;
  • Organize and track files for important transactions or case documents;
  • Assist with Bank-wide projects related tasks and other departmental administrative work.

FAQs

What will be the primary responsibilities of the LGO FLU Risk Management Intern?

The primary responsibilities will include assisting with legal research, conducting assessments on new and existing products, handling issues raised by FLUs, managing vendor processes for over 10 departments, overseeing legal bill management, and maintaining the legal request log and monitoring.

What type of legal research will the intern be involved in?

The intern will be involved in legal research related to issues raised by FLUs and will assist in assessing legal implications for new and existing products.

How many departments will the intern be supporting in the vendor management process?

The intern will support the vendor management process for over 10 departments.

What are legal assessments in the context of this internship?

Legal assessments involve evaluating the legal implications, risks, and compliance requirements associated with new and existing products.

Will the intern be responsible for managing legal bills?

Yes, managing legal bills will be one of the intern's responsibilities, which includes ensuring accurate tracking and processing of legal expenses.

How does this internship assist full-time employees?

This internship will help reduce the workload of full-time employees by taking on tasks that currently occupy their time, allowing them to focus on more critical responsibilities.

Is prior legal experience required for the internship?

While prior legal experience may be beneficial, specific qualifications and requirements for the internship should be checked in the official job listing.

What skills will the intern develop during this position?

The intern will develop skills in legal research, vendor management, organizational tasks, legal assessment processes, and administrative support within a legal framework.

What other administrative work will the intern be responsible for?

The intern will undertake various administrative tasks including the legal request log and monitoring, which involves tracking and managing legal inquiries and requests effectively.

Will the intern work independently or as part of a team?

The intern will likely work as part of a team, collaborating with full-time employees across different departments, while also taking on independent tasks.

What is the expected outcome of the internship for the intern?

The expected outcome includes gaining practical experience in legal risk management, enhancing legal research skills, and understanding the intricacies of vendor management and legal processes in a corporate environment.

Bank of China

Finance
Industry
10,001+
Employees
1912
Founded Year

Mission & Purpose

Bank of China, include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions, providing a comprehensive range of high-quality financial services to individual and corporate customers as well as financial institutions worldwide. Over the past century, Bank of China played an important role in China’s financial history. It was established in 1912 pursuant to the approval of DR. Sun Yat-sen. In the following 37 years the Bank served as the central bank, international exchange bank and specialized foreign trade bank successively. In 1949, Bank of China became the state-designated specialized foreign exchange bank. In 2003, it was named by the State Council as one of the pilot banks for joint-stock reform of wholly state-owned commercial banks. On August 26, 2004, Bank of China Limited was formally incorporated in Beijing as a state-controlled joint stock commercial bank. Bank of China is the most internationalized commercial bank in China. BOC London Branch, the first overseas branch of the Chinese banks, was established in 1929. Currently, it had over 10000 domestic operations and over 600 overseas operations. In 1994 and 1995, Bank of China became the note issuing bank in Hong Kong and Macao respectively. The Bank prepared a new strategic development plan which was approved by the Board of Directors in March 2009. Strategic Positioning: To be a large multinational banking group based on a diversified and integrated cross-border business platform, with a core business of commercial banking. Strategic Goals: To be a leading international bank delivering growth and excellence.