UK Financial Security Manager
Standard / Permanent
COMPLIANCE AND PERMANENT CONTROL
BNP Paribas Overview
BNP Paribas has a presence in 75 countries with more than 185,000 employees, including 145,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services and Corporate & Institutional Banking (CIB).
BNP Paribas Corporate & Institutional Bank is a leading European investment bank with global leadership in many of our businesses. With nearly 20,000 employees in over 45 countries, CIB can offer you an exciting and truly global career.
At BNP Paribas CIB, we work continuously on behalf of our clients, helping them to realize their projects around the world. You can be an important part of this, helping us to serve our clients both in mature and emerging markets, providing them with financial solutions across a diverse range of expertise, products and services. Our origins lie in Europe, but nearly a quarter of our employees now work in our multi-award-winning Asia Pacific offices and we are a committed player in all markets.
Strong risk management, combined with the stability that comes from being part of one of the largest banking groups in the world, underpin our success. Joining us, you’ll become an integral part of a dynamic team that spans nationalities, cultures and backgrounds, drawing together people from around the globe and reflecting our commitment to international placements.
The UK Financial Security Team (UKFS) has oversight responsibilities for areas including anti-money laundering, fraud, bribery, sanctions, PEPs and high risk clients. The UKFS reports to the UK MLRO. The team members require a significant degree of ‘self-starting’. The UKFS performs a number of functions, which include:
• Supporting and assisting senior management in adherence to applicable laws and regulations as well as to high standards of business and ethical integrity.
• Interpreting and advising BNP Paribas CIB London staff on applicable laws, regulations and standards.
• Providing training where appropriate to staff on a number of relevant laws, regulations and standards.
• Monitoring and reporting on BNP Paribas CIB London and staff compliance with laws, regulations and standards.
• Investigating and reporting on any suspected breaches of such laws, regulations and standards.
Overall Job Purpose
• Assist the DMLRO and UK MLRO in the delivery and execution of the UKFS target operating model
• Identification of improvements to operational, IT, and reporting processes
• Manage Compliance Change, Efficiency and IT Projects, and other specific projects in line with COO and senior management guidance
• Management of departmental reporting schedule, and on-going interaction with departmental staff to ensure that reporting requirements are fulfilled
• Own and control the annual budget process including the cost allocation, re-charge requirements and subsequent day to day cost management
• Co-ordination and maintenance of new and updated policies and procedures
• Own and manage all Compliance IT engagements (both global and local ITO) and provide for efficient engagement of Compliance SME’s to work with IT to deploy new or enhanced platforms
• Manage the transversal support resources.
• Assist in the preparation of regulatory inspections, visits and other material regulatory events including the annual Proactive Engagement programme.
• Liaison with CIB Compliance in Paris to work on existing and new initiatives
• Assist other Compliance teams on reporting/data processes to identify improvements
• Tracking the completion of all actionable items e.g. Regulatory, Audit, Compliance Review
The Programme Manager will be specifically responsible for:
1. Management Responsibilities
• Implement and oversee a policy and procedural framework to mitigate regulatory risks falling within UKFS
• Manage direct reports within UKFS in terms of their day-to-day responsibilities, setting appropriate objectives and measuring performance against those objectives
• Ensure that appropriate reporting information relating to UKFS is available for monthly/quarterly/Métier specific senior management reporting purposes
• Support the UK Compliance senior management team and UK Compliance colleagues in the delivery and implementation of UK and cross-border Compliance initiatives
• Provide for the resolution of audit points falling within and/or assigned to UKFS
2. Principal Business Responsibilities
• Compilation and production of Group/London Branch management reports and preparation of Compliance input required for regular committees (including ExCo, OpCo, UK ICC, UK CC, UK ComCo)
• Undertaking ad-hoc transversal projects as assigned by the Head of UKFS
• Ensure that the department's procedures, systems and controls are up to date and effective, and to identify/facilitate remedial action where necessary and continue to maintain
• Ensure that objectives, procedures and standards of performance are understood, owned and observed by Compliance staff and escalate concerns to the Head of UKFS
If necessary contribute to the organisation of Compliance-related committees for the Métier or, where necessary, with colleagues from similar functions in other jurisdictions on a regular or ad-hoc basis
4. Projects and Objectives
As directed, to contribute to UK, regional or global projects with a view to ensuring that they are delivered effectively and efficiently
Legal and Regulatory Responsibilities
Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance Manual and Compliance policies and procedures as issued from time to time; UKFS requirements, including, but not limited to, the prevention of Financial Crime (including, but not limited to anti-money laundering (AML), Anti-Bribery and Corruption, Terrorist Financing) and Fraud including reporting obligations to the Money Laundering Reporting Officer (MLRO).
• Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.
• Be a role model, supporting and fostering a culture of good conduct
• Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
• Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure
Skills & Experience
• Ability to design and develop KRIs’, KPIs’ and MI dashboards for reporting purposes.
• Motivated self-starter.
• Excellent time management, presentational and organisational skills.
• A proven track record of stakeholder management
• Experience of leading, managing and or overseeing multiple projects.
• Comfortable dealing across location boundaries.
• Strong interpersonal and communication skills and confidence in presenting ideas and analysis to senior management.
• Confident dealing with clients, regulators and other external vendors.
• Rigorous work pattern, demonstrating high levels of diligence and attention to detail.
• Advanced technical skills in Excel, Word, PowerPoint and other analytical tools.
• Experience in an Investment Banking or Asset Management environment essential.
• Understanding or awareness of Financial Crime Prevention E.g. AML, Sanctions, AB&C is derisible