In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
* excluding partnerships
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
https://careers.apac.bnpparibas/
Position Purpose
Within the regional Transversal Risk Management department, the regional Compliance Risk Management team leads the definition and implementation of a sound Compliance risk management framework for Asia Pacific.
The Compliance Risk Management Officer APAC will reinforce this team which covers Compliance risk assessment, Compliance procedure governance, Compliance incident management, audit management as well as regulatory watch governance.
Responsibilities
Direct Responsibilities
• Compliance Risk Management
1. Ensure appropriate APAC Compliance governance over the deployment of Risk Control and Self-Assessment (RCSA) for Compliance-owned processes
2. Coordinate and contribute to the check & challenge of Compliance risks which have been assessed in the RCSAs from the business lines and from Compliance operational entities
3. Contribute to risk management related exercises and reports for senior management at regional and global levels
4. Ensure adequate reporting on Risk Management matters
• Compliance procedure, incident and audit management framework
1. Ensure implementation of procedures throughout the Compliance organization in collaboration with local procedure managers
2. Perform 2nd level of controls on procedure management at territory level
3. Work with Territory Compliance and coordinate Regulatory missions and IG missions including information and documentation collection to address regulatory/audit requests
4. Provide status report of open/overdue recommendations to Country Compliance, Domain Compliance and Regional COO, on a regular basis
5. Issue dashboard to communicate notable issues identified through regulatory and audit missions, to senior management
6. Work closely with RISK, local Compliance and Operational Permanent control teams to ensure the appropriate management of Compliance-related incidents
7. Perform Check and Challenge on Compliance-related incidents
8. Issue dashboard to communicate recurrent and regulatory incidents to senior management/ Head Office
• Compliance Thematic Reviews
1. Perform thematic Compliance reviews as required
• Oversight over the regional regulatory watch tool
1. Monitor and coordinate the use of the regulatory watch tool to ensure compliance with Regional Regulatory Watch Policy
• Communication and reporting
1. Ensure that high quality reports are published
2. Communicate on control and risk management matters with relevant Compliance / Business / Territory stakeholders
3. Provide status report to Management on a regular basis
Technical and Behavioral Competencies required
• Good level of understanding of Compliance, risk and control matters
• Excellent written and oral communication skills
• Ability to summarize issues to senior management
• Ability to prioritize and work independently
• Ability to evaluate complex situations and to issue appropriate and pragmatic recommendations
• Team player with interpersonal and teamwork skills
• Self-confidence, ability to stand their ground when required
• Knowledge of banking environment
Experience and Qualifications required
• Experience in coordination, reporting and communication with senior management
• Experience in risk / control / audit
• Fluent in English
