Company purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people
Business area
Financial Markets Compliance Advisory provide clear advice and challenge to Global Markets and ALM Treasury in relation to their business activities, while reinforcing a strong Compliance Permanent Control and Risk culture, ensuring implementation and management of relevant regulations and global policies.
Job purpose
The team may focus on a specific business area, such as a specific business line of Global Markets or ALM Treasury, may have a Transversal role or may focus on a specific set of Regulations, such as Transaction Reporting. However, all members of the Financial Markets Compliance Advisory team are expected to gain knowledge of a range of activities and regulations related to the business and assignment to specific teams may change over time.
The main focus of the team encompasses:
Advisory – Advising the business on Compliance topics for day to day queries, participating in relevant approval and governance committees regarding transactions, businesses or regulations.
Training & Awareness – Designing and delivering training on relevant rules and regulations applicable to the business and undertaking regular induction and refresher training
Regulatory – Building knowledge and expertise in regulations that impact the business, acting as a resource to the business. Other functions and other Compliance on regulations and participating in the identification of measures to ensure adherence. Providing input into policies and procedures. Interfacing with regulators.
Risk & Controls – Reviewing and challenging the business on the adequacy of risk controls, providing markets expertise in the Risk Assessment, independent testing, control plan and IG review processes.
The Global Macro and Credit Advisory Team is primarily responsible for managing Compliance coverage of the Global Macro and Global Credit Business Lines in EMEA including the Repo businesses. In addition, the team covers GMAT and ALMT in the UK.
The Financial Markets Compliance Advisory Vice President role requires advanced Compliance knowledge and understanding in order to provide pro-active and timely specialist advice to the business including business managers.
Key responsibilities
For businesses in the area of coverage:
• Manage and develop good working relationships with members of the business including business managers, fielding questions, providing specialist advice, managing interventions and maintaining constructive dialogue while providing challenge and guidance on some of the compliance and regulatory topics that impact their business.
• Provide input and contributions on compliance risks to be highlighted in forums on governance, conduct and controls (C&E Board, CORe, ICC, etc) and assist and support other team members to provide appropriate contributions.
• Manage, collate and prepare the compliance contribution, gathering input from others where necessary, for approval processes for new businesses or transactions in the business area of coverage and present the compliance position for some topics. (TACs/NAC, AAPs, ICSCs).
• Contribute to and assist with the preparation of Risk Assessments, gathering input from relevant contributors
• Proactively identify compliance risks and potential mitigating factors to support the strategic initiatives of Global Markets (EMDEN, Elixir) and advise key business stakeholders as appropriate. Provide advice and recommendations that align with best practice, organisational strategies and regulatory requirements.
• Manage the preparation of management information and reports within the timeframe requested in order to support the Global Head of Financial Markets Compliance in their management reporting requirements
• Deliver Compliance training to the Business on specific topics and provide specialist input on training materials to other teams on Compliance or Conduct topics (ACE training Conduct Handbook, Dilemna training, etc)
• Provide advice on and assist with the drafting of and maintenance of Compliance Policies and Procedures to guide the Business and meet regulatory requirements
• Actively contribute to meetings with Inspection Generale in missions related to the area of coverage
• Endeavour to understand the Business strategy and identify potential risks proactively and positively to protect the bank
Requirements
• Professional qualifications and strong business knowledge of multiple business areas.
• Specialist knowledge of compliance, legal, regulatory or risk topics that impact the business.
• Excellent analytical skills, demonstrated ability to think strategically and a good understanding of business strategy in order to identify resulting risks.
• Strong stakeholder management skills
• Able to manage projects to completion with input from management on larger projects.
• Good organisational skills and able to manage workload.
• Good presentation skills, able to prepare presentation materials and deliver content.
• Able to contribute to complex projects with input from multiple stakeholders
• Strong team player, works collaboratively with the Markets Compliance and other Compliance teams globally to actively promote a “One Compliance” voice to the Business and stakeholders
• Conduct role model, acts with honesty and integrity
• Strong communications skills (written and verbal)
• Strong analytical skills, numerate and skilled in use of word, excel and PowerPoint
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We’re a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
• Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.
[LinkedIn code – delete the two that don’t apply]
#LI-Hybrid
