Global Markets Department-Bond Team Intern

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

Entering 2025, the team strives to expand the width and scope of fixed income market research with full coverage on US policy, market events, macro data, etc. Additionally, the team is actively involved in cross-department functionalities to increase the synergy of the department. With many exciting initiatives in the business pipeline, the team is eager to on-board an intern with math/financial and/or engineering/programming background to execute the business initiatives and assist with critical tasks.

Responsibilities

Include but are not limited to:

• US Fixed Income Daily Mark-to-Market(MTM) Report;
• US Fixed Income Daily Relative Value Report;
• Daily Operation contact with middle office and back office;
• CIBM efforts (including CIBM bond investment & hedge related front/middle/back office work)
• Mortgage related valuation, prepayment etc.
• Macro & monetary policy research;
• Monthly Report with ESG/CRA projects

Qualifications

• Bachelor’s degree or equivalence (Junior/Senior acceptable) required. Economics, Computer Science, Mathematics, Statistics or Financial engineering related major preferred
• Intermediate understanding in coding languages including but not limited to SQL/R/Python/Java/C++ is a plus
• Basic knowledge in research required; Experience in global FICC esp. fixed income and interest rate is preferred
• Basic writing skills and knowledge in macro are a must
• Bilingual ability in Mandarin and English is preferred
• Interpersonal and communication skills (written and verbal) is a must
• Ability to collaborate with team members on research projects is a must +
• Solid work ethic and high levels of motivation is a must
• Understanding in China/US macro indicators, currency and policies is preferred

Pay Range

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