Global Markets Department-Bond Team Intern
Bank of China USA
About the Role
Bank of China USA is seeking an Intern for its Global Markets Department-Bond Team. The team aims to expand its fixed income market research coverage and is involved in cross-departmental initiatives. This internship offers an opportunity to execute business initiatives and assist with critical tasks.
Key Responsibilities
- 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
Requirements & Tech Stack
- Intermediate understanding in coding languages including but not limited to SQL, R, Python, Java, C++ is a plus.
- Basic knowledge in research required.
- Basic writing skills and knowledge in macro are a must.
- 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.
Qualifications
- Bachelor’s degree or equivalence (Junior/Senior acceptable) required.
- Economics, Computer Science, Mathematics, Statistics, or Financial Engineering related major preferred.
- Experience in global FICC esp. fixed income and interest rate is preferred.
- Bilingual ability in Mandarin and English is preferred.
- Understanding in China/US macro indicators, currency and policies is preferred.
Pay Rate: USD $19.00 / Hr.