BNP PARIBAS ASSET MANAGEMENT (BNPP AM) is part of BNP Paribas Group and is responsible for the process of managing and monitoring assets, on behalf of individual and corporate clients. BNPP AM offers funds and mandates towards his clients. These funds & mandates are managed by Portfolio Managers, who are based in the different locations across the globe. We, as part of the BNP Paribas lawyers’ team, are one independent and collaborative team of legal experts. Our responsibility is to support and protect the Group and more concretely BNP PARIBAS ASSET MANAGEMENT Luxembourg in a challenging and permanently evolving environment. Our mission is to provide agile and responsive legal support, legal risk management and controls to the Group and more concretely BNP PARIBAS ASSET MANAGEMENT Luxembourg in a manner that adheres to the highest standards of excellence and integrity.
To support its current growth, BNP Paribas Asset Management (BNPP AM) is looking for a:
Fund Legal Counsel (M/F)
Relations with local Regulatory Authorities:
To initiate and to ensure a close & reliable relationship with the local Regulatory Authorities.
To ensure timely submission of all documents for approval, to explain/defend the BNPP AM point of view regarding the interpretation of regulations.
To act as an expert in this matters in order to position BNPP AM as a reference partner and to direct the local Regulatory Authorities' positions towards BNPP AM’s advantage.
To centralize the most complex requests and questions about legislation and reglementation of products.
To follow-up and to anticipate the potential evolution of regulation and to estimate the consequences for products.
To translate and to communicate legal information to BNPP AM and third parties concerned.
To contact specialised lawyer’s offices or auditors and to submit to them questions in order to provide timely and optimal advice and information.
To analyse specifications of new products, to ensure their compliance with regulation, to give advices, to write product Articles of Association and prospectus, to submit requested documents to local Regulatory Authorities for approval, to perform all legal and administrative tasks in order to set up new products that take into account all legal constraints.
Product social life:
To organize and hold Board meetings, Ordinary and Extraordinary General Meetings.
To review periodic reports.
To take charge of all consequences of decisions taken by the Board of Directors, the General Meeting of shareholders, on the legal and administrative levels (products mergers, liquidations).
To update all legal documents.
To take charge of the administration of products in order to guarantee that all documents constantly reflect a coherent and legal image of the products.
To contact the other local BNPP AM Fund Legal department.
To explain advantages and disadvantages of local regulations.
To co-define the optimal choice for each type of fund.
To exchange information concerning work processes (procedures, security control) in order to maximize profit by using similar work methods and by allocating local Fund Legal resources at the right place.
Advantages of the position:
As Fund Legal Counsel you are responsible to liaise with the local Regulatory Authorities and with local service providers in order to provide BNPP AM & third parties with competitive and legally optimal products in compliance with local regulations.
Working environment :
KEY INTERNAL / EXTERNAL RELATIONSHIPS
Internal : legal colleagues, team members, CEO BNPP AM Luxembourg, Global Client Group.
External : Clients, Regulatory Authorities, Auditors, Market place Association.
Master in Law
Professional Experience: Proven successful experience in a similar role for at least 5 years
Ability to collaborate / Teamwork
Attention to detail / rigor
Communication skills - oral & written
Ability to synthetize / simplify
Transversal Skills :
Technical Skills :
Extensive knowledge of Asset Management fund legal issues
Experience of a multi-cultural, global organization, dealing with multiple geographies and stakeholders.
Fluent in English and French
During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.