Position Purpose
The main purpose of the team is to ensure timely, consistent and exhaustive transaction & positions regulatory reporting under APAC jurisdictions, such as HKMA, MAS, ASIC, SEBI etc for both Equities and Fixed Income products. The team is also the single point for regional Operations on new Regulatory initiatives.
The purpose of the position is to achieve the team’s goal through daily routine control measure and contribute to implementation of new control framework in order to minimize operational risk and comply with the regulatory requirements.
Key Responsibilities
Primary Role Responsibilities
- Be a subject matter expert on regulatory reporting across APAC including trade repositories / SEBI / QFII / short position reporting
- Enhance existing controls to streamline existing process and improve control efficiency and accuracy.
- Be part of a global task force between IT and Operations to improve the control framework and the architecture to produce the APCA reg reporting.
- Be part of strategic thinking design for production & controls and AI journey on reg reporting.
- Setup procedures and controls to minimize the operational risk on regulatory reporting.
- Maintaining close relationship with difference stakeholders to make sure front to back data flow processes are well understood and explained for accurate regulatory purpose
- Able to prepare data for specific surveys requested by Central banks and regulators.
- Assist in the preparation of regular updates to the ITO management, Compliance and Front Office on the status of the different initiatives.
- Define test cases, validate user testing and follow up with IT on new releases for upcoming regulatory projects
Other contributions
- Liaise with various stakeholders within the banks to drive and continue improving existing reporting standards
- Understand the bank’s business and trade flow to validate/ review any reporting deficiencies and suggest improvements accordingly
Technical & Behavioral Competencies
- Strong experience on reg reporting for APAC jurisdiction being engaged to strategic projects, strategic decision, strategic automation with demonstrated experience.
- Strong Experience in comprehending rule and regulations from different regulators and their implication to the bank’s day to day practice
- Strong Experience on automation controls.
- Strong experience on working with IT to improve the framework
- Strong communication skills in managing & liaising with stakeholders relating to regulatory reporting
- Strong knowledge of Fixed income products and OTC trade reporting requirements
- Knowledge in Front to Back workflows and product event management is a plus
- Strong knowledge on Data Managing tools (Alteryx, Python), Excel skill, automation or script writing (e.g. VBA) is a plus.
- Strong sense of compliance and risk control
- Attention to detail and accuracy imperative
- Willing to speak up and propose new ideas to achieve process efficiency
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
More information
BNP Paribas - Diversity & Inclusion Journey
BNP Paribas - The Bank Of Green Changes
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
