What is this position about?
A key role in the regional Global Markets Compliance Governance Model and a senior member of the regional Compliance team.
Support the Head of Global Equities Compliance in APAC by helping to coordinate all coverage-related activities and action plans primarily in relation to Cash Equities.
Provides compliance advice and challenge to Business and other stakeholders in all jurisdictions across APAC in Cash Equities. Closely liaise with, challenge and keep regularly informing the relevant business stakeholders. Also responsible for timely communication on key topics to Compliance heads. Act as a central point of various regional projects relating to Cash Equities. This position will also act as one of the main compliance contact points for the implementation within Global Markets of local, regional and global projects and reform initiatives for the cash equities business lines. He or she will lead some regional training initiatives aimed at maintaining consistently high levels of front office proficiency in relevant rules and regulations, codes of conduct, and particularly the laws and regulations governing the bench marking activities and various remediation requirements for APAC Global Markets business.
Key stakeholders include all relevant business and functional heads and teams in APAC, within Global Markets business and within Compliance; and various regulatory authorities in APAC.
What would your typical day at BNPP Paribas look like?
In this role, you will
- Challenge and advise front, middle and back office on regulatory and compliance issues, with specific focus on Cash Equities
- Assist in regulatory issues in relation to BNPP Sec Asia such as MIC appointments and liquid capital management
- Liaise with local regulators and stakeholders for the handling or coordination of regulatory inquiries, audits, inspections, questionnaires and surveys for his / her perimeters
- Assist in leading initiatives and managing projects and work streams for solutions for his/her perimeter
- Assist in designing and implementing risk and control frameworks for his/her perimeter
- Participate in industry groups, associations and forums
- Proactively identify and manage/help to mitigate the compliance, regulatory and reputational risks for his/her perimeter
- Keep abreast of the regulatory developments, advise on regulatory changes and interpretation of laws, rules and regulations to relevant stakeholders for his/her perimeter
- Ensure effective monitoring and implementation of internal process, procedures, and controls
- Liaise with local regulators and stakeholders for the handling or coordination of regulatory inquiries, audits, inspections, questionnaires and surveys for his/her perimeter
- Handle compliance issues, incidents, and breaches in conjunction with various internal parties, and prepare various MIS and incident reports for his/her perimeter
- Assist in periodic review, update and roll out of global and regional compliance policies and procedures for Global Markets business and ensure compliance thereof
- Assist in the implementation of compliance programs, such as review of marketing documents, conflicts identification and mitigations, desk reviews, follow through internal compliance reports
- Assist in the organization, administration and provision of compliance training. Ensure the content so it is up to date and on point with evolving regulatory expectations
- Ensure effective collaboration with global Compliance teams, providing timely updates, achieving global consistency where efficient and practical
- Actively looking for appropriate steps to improve efficiency and effectiveness including by further use of technology, appropriate delegation, standardizing and streamlining tasks
What is required for you to succeed?
- Sound knowledge of regulatory and compliance requirements in both APAC and Global regions
- Strong interpersonal skills, with the ability to communicate and consult clearly at all levels - business, management and other support functions
- Knowledge of risk and control framework or procedure of a financial institution
- Strong analytical and problem solving skills
- Able to work independently adopting a hands-on approach
Specific Qualifications Required
- Undergraduate Degree with 5 years or more experience in the Compliance department of financial institutions, international brokers or securities regulators; with strong knowledge of equities and futures and options products and/or capital market activities in both APAC, EMEA and US regions, preferably with advisory experience.
- The candidate should have a good understanding of the regulatory environment and the key challenges and developments which the business as well as the wider industry faces.
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
