What is this position about?
• Establish Department as a keen business partner and play a contributory role to the Bank’s business strategy.
• 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.
• To identify, evaluate, monitor, report and control/mitigate risks and to properly document risk management strategies, policies and procedures
What would be your typical day at BNPP Paribas look like?
Candidate will assist the Head of Governance & Advisory, WM APAC Conduct and Control to ensure the existence of a risk-based, sustainable and efficient framework surrounding Operational and Business risks, in collaboration with the Business of WM in APAC. This role sits within the first line of defense (1 LoD).
Primary Role Responsibilities
• Support the Team Lead in coordinating 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 in consultation with Legal and Compliance
• 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
Other contributions
Cross Border
• Coordinate opinions / feedback from internal stakeholders (Compliance, Legal etc.) and external service providers/lawyers on cross border country manuals, topics and queries
• Management of Cross-border Certification and access management to country manuals.
• Preparation of monthly / quarterly reports to be presented in Cross-border Committee meeting - ensure that the report preparation process is efficient, data integrity is maintained and reports are issued on a timely basis
• Coordinate implementation and updates on relevant cross border related policies
• Implementation and monitoring of controls and remediation plans
• Provide advisory support to FO and relevant stakeholders related to cross border topics
Pre-trade Client Suitability Assessment for Private Equity Funds
• Perform pre-trade Client Suitability Assessment for PE Funds
• Based on assessment, assist FO to carry out necessary actions for proper rectification with clients (E.g. mismatch handling).
What is required for you to succeed?
• Strong understanding of risk control framework within Wealth Management
• Ability to collaborate effectively
• Ability to manage / facilitate a meeting, seminar, committee, training
• Attention to details with good communication skills both written and orally
Required education/certification/licenses
• Experience in project management related certification will be an advantage
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
