The specific purpose of this position is to assist with the development of Global Markets business activity in Australia, ensuring the new activities are compliant with all Regulatory and Exchange obligations.
We are seeking a highly analytical Regulatory Compliance resource on a 9-month agency contract to support the Compliance Function on a regional global markets business project. The role will involve the identification, interpretation and documentation of Australian regulatory obligations (ASIC, APRA, AUSTRAC) associated with ASX and CBOE Australia full trading participant status
Identification and interpretation of regulatory and exchange / market requirements
* Conduct a structured review of all regulatory and exchange / market obligations to identify those obligations (including any regulatory / exchange reporting)
* Document the details of relevant regulatory / exchange obligations (including regulatory / exchange reporting) identified, determination of their applicability to the relevant business activity and/or BNP Paribas' legal entities, and assist with translation into business requirements as required.
Conduct regulatory research, interpretation and implementation as required for regulators / exchanges including those listed:
* ASIC (Australian Securities & Investments Commission) and Corporations Act 2001, including:
* ASIC Market Integrity Rules (Securities Markets) 2017 & RG 265
* ASIC Market Integrity Rules (Securities Markets - Capital) 2017
* Automated Order Processing - RG 241
* ASIC Act, Corporations Act and other financial services law as relevant
* preparation of any necessary ASIC applications, responses to RFIs, etc.
* consideration of any impact/associated requirements for the ASX Clear participant, or an APRA regulated entity
* ASX and CBOE trade and ASX (Clear),
* Complete a detailed gap analysis of ASX, ASX (Clear), CBOE Operating Rules, Procedures and Guidelines, including any associated regulatory reporting requirements
* Documentation and plain language interpretation of identified regulatory reporting obligations, completion of Compliance Check and Challenge on Business drafting of reporting requirements, risk assessment and application to BNP Paribas
Documentation and Training
* Obligation register - document a consolidated, traceable register detailing each obligation, interpretation, source referential
* Regulatory reporting register and BRDs - build a consolidated register detailing all regulatory reporting and ad hoc notification events associated with this activity including source referentials and interpretation for each line item.
* Update associated Regulatory Reporting procedure documents (BRDs) with regulatory reporting obligations, referentials and interpretation
* Review and refresh of associated governance framework
* Prepare training material for impacted teams
What is required for you to succeed?
Technical skills required: extensive prior Compliance experience related to equity trading on ASX and associated ASIC, ASX and Corporations Act requirements. Experience with other Global Markets products, policies and procedures and working with business to implement them is desirable.
Qualitative/Quantitative skills required: Ability to work independently, manage to project deadlines, excellent written and verbal communications skills and ability to collaborate and influence others.
BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management - a bridge between corporate and institutional clients.
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.
Reasonable adjustments during our recruitment process;
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.operations [at] asia.bnpparibas (dot) com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).
BNP Paribas Awards Obtained;
BNPP has won Top employer Europe award in a 10th consecutive year
