About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
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.
About Business line/Function:
The Chief Conduct and Control Office (“GM CCCO”) is a transversal team within Global Markets (“GM”) that is responsible for overseeing the main risks and controls, while ensuring the integrity and the sustainable development in GM’s portfolio of activities. GM CCCO has a global mandate across all platforms, with teams located in Americas, EMEA and APAC.
The primary responsibility of the GM Regulatory Permanent Control Officer (“GM RPC”) is to establish, deploy and run the Governance & Control Frameworks specifically for Sanctions & Embargoes called by any regulation impacting Global Markets Front or required by the Bank’s supervisors.
- Reviewing regulatory-related control results and performance indicators & Analysing impact of change of the regulation
- Ensuring escalation of potential breaches and following-up of required remedial actions
- Ensuring record-keeping and audit trail of all decisions and supporting documentation in relation to the regulatory governances
- Coordinating the different Functions/Operations/IT teams to design the most appropriate IT controls and their KPIs
Job Title:
Assistant Manager / Manager
Date:
28th Jan 2025
Department:
GM Front Office RPC
Location:
Chennai
Business Line / Function:
GM – CCCO / Operational Permanent Control
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
The primary responsibility of the GM Regulatory Permanent Control Officer (“GM RPC”) is to establish, deploy and run the Governance & Control Frameworks specifically for Sanctions & Embargoes called by any regulation impacting Global Markets Front or required by the Bank’s supervisors.
Responsibilities
Direct Responsibilities
PROTECTION
- Help reduce strengthen front to back regulatory control framework by investigating on regulatory incidents, writing incident reports, designing remediations and following-up on actions
GOVERNANCE
- Preparation of regulatory governance committees including production of KPIs and drafting of governance documentation. Initial focus will be short selling, onboarding of new trading venues and best execution
RISK ASSESSMENT & CONTROLS
- Assess and document APAC regulatory landscape for capital markets activities
- Assess and challenge the effectiveness of GM control set up against regulatory risks, propose and implement improvements
- Materialize and maintain the GM control plan from a front to back perspective and perform mapping with Functions Global Control Plan
- Perform data analysis to assess quality of data feeding regulatory controls
- Execute regulatory controls and report results in governance documentation
- Investigate on regulatory breaches identified in controls and follow-up with relevant stakeholders to close findings
Technical & Behavioral Competencies
Key required skills
REGULATORY BACKGROUND
- Is genuinely interested in financial markets regulatory environment. Is able to analyze and document the bank regulatory landscape within the capital markets scope
CONTROLS PROFICIENCY
- Can assess control performance in terms of design and implementation quality
- Can execute regulatory controls, identify and document breaches, and remediate underlying issues. Can follow-up on control findings remediation and demonstrate assertiveness with relevant stakeholders
- Has good data mining and data analysis skills (Excel at least, Python a plus)
WRITTEN PRESENTATION SKILLS
- Can prepare quality presentations for internal regulatory governance forums (ppt)
ANALYTICAL SKILLS
- Can investigate on a complex operational capital markets breaches and incidents, liaise with SMEs, and document findings in a well structured report (good writing skills required)
- Strong attention to detail required (Focuses on the prevention of mistakes regarding information utilised or delivered).
ADMIN SKILLS
- Must be able to perform simple database administration tasks (update status of various action items resulting from governance forums)
Specific Qualifications (if required)
Working experience:
- 6+ years of experience in a top tier financial institution in a controls team and/or within the regulatory space (controls officer, regulatory project manager, regulatory governance officer…)
- Experience with Capital markets
- Demonstrated ability to analyze and solve problems independently and to build quality relationship with stakeholders
- Experience with drafting and presenting PowerPoint presentation on a regular basis
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to deliver / Results driven
Attention to detail / rigor
Communication skills - oral & written
Choose an item.
Transversal Skills: (Please select up to 5 skills)
Ability to develop and leverage networks
Ability to manage / facilitate a meeting, seminar, committee, training…
Analytical Ability
Choose an item.
Choose an item.
Education Level:
Master Degree or equivalent
Experience Level
At least 5 years
Other/Specific Qualifications (if required)
