Logo of Huzzle

Home

Matches

Explore

Manage

ORD Third Party Risk Management Intern

image

Bank of China

May 13

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • New York

Requirements

  • Strong verbal and written skills in English, Chinese capacity will be advantage;
  • Strong analytical skills;
  • Computer (Microsoft office including PowerPoint);
  • Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices;
  • Financial knowledge of business policies, products, processes, systems, and roles.

Responsibilities

  • Responsibilities include but not limited to supporting the third party risk management of ORD in following aspects:
  • Develop monthly ORC/RMICC reporting metrics for meetings;
  • Assist with OCC and IAD ad-hoc request;
  • TPRM related activities.

FAQs

What will be the primary responsibilities of the ORD Third Party Risk Management Intern?

The primary responsibilities of the intern will include supporting the team with newly received IAD issues, addressing OCC recommendations, performing business-as-usual activities, and conducting ad-hoc activities or requirements as needed.

What does "IAD issues" refer to in the job description?

"IAD issues" refers to concerns or findings identified by the Internal Audit Department that require attention and resolution from the team.

Will the intern be involved in both routine tasks and special projects?

Yes, the intern will engage in both business-as-usual activities as well as ad-hoc projects or requirements as they arise.

Are there specific skills or qualifications required for this internship?

While not explicitly stated in the job description, candidates typically benefit from skills in risk management, problem-solving, analytical thinking, and effective communication.

Is this internship focused on any particular industry?

The job description does not specify a particular industry; however, it is generally applicable to sectors where third-party risk management is relevant.

How does this intern role contribute to the overall objectives of the team?

This intern role is crucial for supporting the team's efforts in managing risks associated with third parties, ensuring compliance with recommendations, and enhancing the effectiveness of ongoing risk management activities.

Can the intern expect to receive training or mentorship during the internship?

While not mentioned, internships often include training and mentorship opportunities to help interns develop their skills and gain valuable experience in the field.

What is the expected work environment for this internship?

The work environment may be collaborative and dynamic, as the intern will be working alongside a team that addresses various risk management issues and challenges.

How long is the duration of this internship?

The job description does not specify the duration; please check with the hiring organization for details on the internship length.

Will the intern be expected to communicate with other departments or teams?

Yes, the intern may need to collaborate and communicate with other teams or departments as part of their support role in managing third-party risks.

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.