In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* 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 covering corporate & 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.  

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 our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

* excluding partnerships

https://careers.apac.bnpparibas/ 

Position Purpose


1. Establish Department as a keen business partner and play a contributory role to the Bank’s business strategy.
 
2. Formulate and oversee the development of critical business risk related strategy/policies with a balanced orientation towards business growth, managed risk, efficiency, enhance productivity and quality service.
 
3. To identify, evaluate, monitor, report and control/mitigate risks and to properly document risk management strategies, policies and procedures.

Responsibilities
1.      Tax Compliance/Remediation
As business partner to RMs, helps to rectify issues, ensures RMs understand certain regulations that’s been imposed, to aid RMs in improving risk behaviour.
•    Escalating identified exceptions to Management and Compliance.
•    Implementation and monitoring of controls and remediation plans. 
•    Prepare reports to be issued to Local Management and HO ‐ ensure that the report preparation process is efficient, data integrity is maintained and reports are issued on a timely basis.

2.      Management of New Product/Transaction Approval (NAC/TAC) Process  
•    Ensure that the new products & services proposed to our customers are properly validated according to the group/WM’s rules and local regulations, and that the information concerning validated products or services is properly communicated.
•    Ensure validation occurs within timeframe by assisting business sponsor to prepare validation file, create NAC/TAC in Vespa system (internal system for storing approval documents), liaise with participants, review risks, hold Validation Committee with actions/minutes produced, close all actions with functional approvals completed in Vespa and resulting launch of  product & services.
•    Liaise with WM NAC/TAC Committee to present pipeline of NAC/TAC Proposals for go/no-go, to set priorities and to arbitrate differences/difficulties met during validation process. Organize arbitration process for any local disagreement with Head Office.
•    Maintain all NAC/TAC files, actions/minutes, Vespa approvals and approved NAC/TAC lists.
•    Organize 2‐way info flow with Head Office and WM Asia regarding NAC/TAC process, news and initiatives and ensure circulation to IS and other stakeholders, including WM Asia Management.

3.      Global Regulatory - Coordination
•    Lead and coordinate all global regulatory topics for WM APAC.
•    Act as Single Point of Contact ('SPOC') for HO and Local Management on such topics.
•    Understand the requirements, assess the implications/impact on WM APAC sites and act as the key coordinator/contributor to ensure timely and effective implementation of the necessary actions and processes. 
•    Liaise with internal stakeholders to ensure end to end program management of key US and EU regulatory projects. 
•    Implement regulatory control framework to address regulatory requirements and Group expectations.
•    Reporting - ensure key risks and its mitigating actions are reported to Management in a timely and consistent manner.
•    Analyze impacts of all key global regulatory texts/circulars/guidance to WM APAC sites and;
•    Ensure HO procedures are properly adapted/adopted within local procedures and ensure any gaps are properly addressed or escalated to HO via the existing dispensation process
•    Act as the business coordination point for internal audits and BAU processes (e.g. certifications, policy reviews etc.) for relevant regulatory topics 
•    Provide advisory support and advice to business for regulatory related queries or issues


Permanent Control Aspects


Technical & Behavioral Competencies

    Strong understanding of risk control framework and operational risk management. 
    Ability to collaborate effectively. 
    Ability to manage / facilitate a meeting, seminar, committee, training. 
    Attention to detail with good communication skills both written and orally. 


Specific Qualifications 

    For Analyst, at least 2 years working experience in the Compliance/Control/ Risk area.
    For Associate, at least 3 to 5 years working experience in the Compliance/Control/ Risk area.
    For AVP to VP, at least 8 to 12 years working experience in the Compliance/Control/ Risk area. 
 

Primary Location
SG-02-Tampines
Job Type
Standard / Permanent
Job
RISKS
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
At least 5 years
Reference
WEA001894

Découvrez les métiers de BNP Paribas : Audit, Conformité, Risques et Juridique

Le paysage réglementaire de notre secteur évolue rapidement et nous nous devons d’être irréprochables ! Pour exercer un métier à fortes responsabilités et prendre part à des décisions stratégiques pour le bon fonctionnement de BNP Paribas, découvrez les opportunités offertes dans les métiers de l’audit, de la conformité, des risques et du juridique.

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Pourquoi je candidaterais ?

Pour quelles raisons je rejoindrais BNP Paribas et pas une autre entreprise ?

Parce que je souhaite...

  • Et si on vous disait que travailler dans notre Groupe, ce n’est pas ce que vous croyez ? Chez BNP Paribas, on exerce une multitude de métiers qui évoluent en permanence pour être en phase avec les attentes des clientes et clients comme de la société.

  • Se sentir bien dans son job, c’est avant tout venir travailler comme on est.  C’est aussi avoir les moyens d’un bon équilibre entre sa vie professionnelle et sa vie personnelle. Deux engagements majeurs pour BNP Paribas.

  • Chez BNP Paribas, le développement de vos compétences est essentiel, pour vous comme pour nous. Et cela vous servira pour toute votre vie professionnelle.

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