In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000employees* 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 coveringcorporate & 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
BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with ourclients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.
https://careers.apac.bnpparibas/
Job Purpose:
- Pursue FIC’s core missions of ‘Connect, Originate, Protect’ across the segment in the APAC region
- Define and implement FIC APAC client strategy for the Segment and contribute to the setting of the global FIC strategy in the region under the supervision of FIC Global Banks & Intermediaries and FIC APAC Management, and in coordination with Country Heads, other FIC sectors, and other FIC geographies (‘corridors’) as relevant
- Drive commercial strategy across all business lines (including Global Markets, 2S, Global Banking, Corporate Finance, as well as IPS and CPBS where relevant). Work in coordination with business lines taking into account their priorities and capabilities, and the evolution of the regulatory environment.
- Contribute sector-wide to the origination of business opportunities including strategic partnerships, maintain and build region-wide decision maker relationships, trusted advisor status
- Define Client Action Plans in coordination with product lines
- Leverage C-suite relationships
- Pilot resource allocation at Regional Level (in particular Credit Lines, Balance Sheet, Liquidity) with a view to optimise profitability metrics such as CVC and Revenues/RWA
- Supervise Credit Committee submissions and discussions with a view to optimise BNP Paribas’ long term risk-adjusted value creation, ensuring timely renewal of Credit Annual Reviews
- FIC Sector Heads also have responsibility to support Country teams at Regional level for all internal administration requirements associated with the client segment, including among others Credit Process, Budget Process, KYC process, Compliance and Conduct.
- Ensure general administrative duties associated with client segment coverage including among others client relationship management tools, call reports, updated record of deal pipe and booked deals.
- Ensure compliance with Bank’s policies/procedures and regulatory requirements, in particular with regards to the KYC responsibilities and duties, as per relevant policies and procedures, and the summary of responsibilities list attached hereto.
– Appendix –
- Summary of SBO/SCBO Responsibilities pertaining to Know Your Customer and AML/Sanctions Policies
The RM, when acting as SBO/SCBO:
- must initiate the KYC on boarding process and is responsible to collect the KYC data (with support of the appropriate teams in charge of due diligence);
- is primarily responsible for ensuring that customer due diligence has been completed to a satisfactory standard, and is kept up-to-date;
- makes an assessment whether starting a new relationship or maintaining an existing relationship with a customer is appropriate, in respect of the reputation and the money laundering/terrorist financing/sanctions risks, irrespective of the possible type of business the customer is currently doing or intends to do with the bank. This assessment must be formalized in writing in the KYC package (qualitative SBO opinion describing the risks and their mitigants is mandatory in all cases);
- uses the KYC scoring grid and his/her judgment to determine the sensitivity, assisted by the teams in charge of due diligence. He/she provides the teams in charge of due diligence with the knowledge/details they need when contacts with customers is required;
- submits the customer’s KYC file to the CAC (Customer Acceptance Committee), as may be required, and provides the CAC with all information and documentation it may require;
- contributes to assess the relevance and appropriateness of offering and/or maintaining certain products and services of the Bank in view of the risk profile of the customer;
- contributes to the detection of any unusual and/or suspicious transactions by his/her customer with due reporting to a Compliance Officer;
- employs his/her best efforts to maintain a thorough knowledge of his/her customer from available documentary sources and regular direct contacts with them.
- finally, he/she must keep the KYC up-to date in accordance with the Bank’s standards. In particular, he/she must trigger an ad-hoc review as soon as necessary, notably in case of becoming aware of any material adverse information in connection with any of their customers in the field of AML-CTF, in accordance with the relevant KYC policies and procedures.
