As a Luxembourg-incorporated bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With more than 40 years of expertise and experience in the European markets, Bank of China Luxembourg extended its roots from Luxembourg to other European countries by setting up various branches in the Netherlands, Belgium, Poland, Sweden, Portugal, Greece and Ireland.

Taking into account the wide regional coverage across Europe and to further unify the brand image, in 2022, Bank of China Luxembourg changed its name to Bank of China Europe, together with the 7 cross border branches across Europe.

Bank of China Europe adheres to the guidance of BOC Group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Comprising of an international workforce with a multicultural background of 30 different countries and regions with over 390 employees, on this beloved land, with common objectives and a strong brand name that is widely recognized within the financial sector and across various industries, Bank of China Europe is continuously working towards building the bank into a first-class global banking group.

Job purpose:

As a part of the Finance Department regulatory department team of 5, you will report to the Head or the Director of the department. With the well-established global network and strong reputation of the bank, this job opportunity will allow you to gain experience and develop within the fast growing international Bank. The existing team is dedicated, experienced and operates in a cross-skills environment.

Your responsibilities will be:

·       Participate in preparing regulatory reporting for CSSF and BCL Luxembourg regulators

1.     Along with the Regulatory team (5), prepare the regulatory reports for two entities, with 7 EU branches and 2 subsidiaries: FINREP, COREP and associated Ratios such as LCR, NSFR, Large Exposure, Leverage, Statistics, etc…

2.     Anacredit knowledge would be an asset.

3.     Control the completeness and accuracy of the data and its upload into the EXPLORE database.

4.     Prepare the reports using a combination of automated and manual procedures generated by the regulatory reporting system (Invoke) which generates the regulatory reports.

·       Control the output reports against internal checklists and regulatory checks.

·       Liaise with service provider/s to troubleshoot any issues.

·       Liaise with auditors (internal and external) to provide any requested documentation.

·       Help with month-end and year-end closing procedures.

·       Help with monitoring the daily regulatory ratios to ensure daily compliance.

·       Propose improvements and participate in projects to update existing processes, procedures and controls

Profile (Technical Skills):

·       3 years of secondary education or degree in accounting or finance.

·       Fluent in English, knowledge of Chinese is considered as an asset.

·       At least 1 year of experience in accounting in a bank/auditor firm/accounting firm

·       Knowledge of the Luxembourg Regulatory Reporting Requirements an asset

·       Knowledge of the INVOKE reporting software and EXPLORE database useful

Profile (Soft Skills):

·       Work independently and effectively to deadlines, drive for results, focus on quality and make decisions in a timely manner

·       A good team player with good planning, organizing, learning and information seeking skills

·       Internal/external customer focus and detail-oriented

·       Effective written and verbal communication skill

To Apply:

This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations, please do not hesitate to send your CV by Smart Recruiters.