Business Overview:
The Americas Personal Account Dealing Team within BNPP helps to maintain compliance with applicable laws and regulations. The Personal Account Dealing, (“PAD”) Team, is a part of the Market Integrity Group within the Compliance Department which provides support to all of the business functions performed by BNP Paribas in the US, Canada, Latin America and Bank of the West. The Personal Account Dealing Team monitors trading in employee and employee related personal accounts and is consistent with the provisions of main regulations (including FINRA Rule 3210 and EU Directives: MARMAD2 & MIFID2).
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact:
- Able to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
The candidate will primarily be responsible for monitoring and surveillance of Employee’s Personal Account trade confirmations and statements. The candidate’s main responsibilities are:
- Trade Confirmation review:
- Receive and process incoming (hardcopy) confirmation notices;
- Perform a review and comparison of confirmation transaction notice against trade approvals on the Personal Account Dealing System (the Application);
- Perform data entry of transactions from confirmation or statements into the Application for all managed accounts held outside of the Designated Broker program; and
- Report discrepancies identified to the Head of the PAD Team.
- Record receipt of statements in the Personal Account Dealing System:
- Perform brokerage account statement review;
- Receive and process incoming hardcopy statements;
- Perform a review and comparison of trade transactions within the statements against transaction requests on the PAD system; and
- Appropriately box and archive processed statements for future reference.
- Reconciliation of employee data to the PAD system.
- Assist with special projects and/or other duties as assigned by management (e.g., compiling metrics for various interested parties).
- Preclearance of employee personal account trades.
- Process new employee data (e.g., create profile, send notifications).
- Maintain PAD personnel files for all employees.
Minimum Required Qualifications
- Strong organizational skills and attention to detail.
- Manage multiple issues and projects at the same time and meet timely deadlines.
· Take charge, positive attitude with strong leadership skills.
· Strong interpersonal and communication skills that will enable him/her to interact and negotiate effectively at all levels of the organization.
· A collaborative “team player” is required.
- Apply knowledge of regulations to numerous types of trading activities and transactions in addition to interpreting the effect.
- Strong IT Skills.
- Basic project management skills (to assist Managers).
· Experience with Microsoft Excel, Word and PowerPoint.
· Bachelor of Arts or Bachelor of Science – undergraduate degree.
- Foreign language (i.e., Spanish and/or Portuguese) skills a plus.
FINRA Registrations Required
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
SEC Security-Based Swap Dealer Associated Person:
While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.
The expected starting salary range for this position is between $75000 to $110000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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