What is this position about?

Act to establish C&C Department as a keen business partner and play a key contributory role to the Bank’s business strategy:

As the first line of defense, to ensure that risk-based, sustainable and efficient strategies are deployed to address Operational, Business and Conduct risks in the region, in close collaboration with the Business of WM in APAC.

What would be your typical day at BNPP Paribas look like?

Primary Role Responsibilities

Suitability Matter Expert

Main responsibilities are to provide prompt advisory to internal stakeholders, act as subject matter expert and perform surveillance as per Bank’s and regulatory requirements.

As business partner to client facing staff (Front Office and Investment Services), helps internal counterparties to understand and comply with the internal Suitability framework and regulations, rectify anomalies and issues, and RMs in improving risk behaviours in relation to Suitability matters.

Act as a key point of contact and referent for internal stakeholders, including Compliance, Change Management, etc. on Suitability related matters and projects.

Contribute to the Suitability framework evolutions and simplification (eg. Participation to dedicated forums such as SORT forum, projects, etc.)

Ensure that internal procedures and guidance in relation to Suitability matters are updated, validated and issued.

Assist to facilitate and act as secretariat of the Suitability Oversight Committee (‘SOC’)

Contribute to the implementation of LOD1 suitability controls performed by Permanent Control Teams.

Conduct relevant trainings to client facing staff when needed (based on exceptions trend, implementation of new requirements)

New Product Approval (‘TAC/NAC’) Process

Ensure new NAC/TAC are properly validated according to Bank’s policy requirements and timeline.

Maintain proper audit trails and records of all approved NAC/TAC.

Ensure all relevant conditions are properly closed before closing the NAC/TAC cases.

Continuously review the internal processes and framework with a view at simplifying and streamlining .

Act as the central liaison point for all queries and document requests from IG missions and 2 LoD independent testing on NAC/TAC.

Ensure internal policy and procedures are properly maintained and updated.

When relevant, provide reporting and providing transparency to Head Office and stakeholders on the activities related to NAC/TAC.

Global Regulations

Support the Topic Lead on all global regulatory topics for WM APAC including

Understand the requirements, assess the implications/impact on WM APAC sites and act as the key coordinator/contributor to ensure timely and effective implementation of the necessary actions and processes

Liaise with internal stakeholders to ensure end to end program management of key regulatory projects

Implement regulatory control framework to address regulatory requirements and Group expectations

Reporting - ensure key risks and its mitigating actions are reported to Management in a timely and consistent manner in the steerco and ad-hoc reporting

Analyze impacts of all key global regulatory texts/circulars/guidance to WM APAC sites and;

Ensure HO procedures are properly adapted/adopted within local procedures

Provide advisory support and advice to business e.g. PRIIPS etc

Others

Take on ad hoc project or assignments assigned by the Team Head

Provide support to other internal Conduct & Control teams, in case of need

What is required for you to succeed?

Ability to collaborate effectively with different stakeholders (Front and Back)

Ability to manage / facilitate a meeting, seminar, committee, training

Attention to details with good communication skills both written and orally

Ability to speak and understand Mandarin and Cantonese will be advantageous

Required education/certification/licenses

For Associate, at least 3 to 5 years working experience in the Compliance/Control/ Risk area

For AVP, at least 6 years working experience in the Compliance/Control/ Risk area

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information

BNP Paribas - Diversity & Inclusion Journey

BNP Paribas - The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year