About BNP Paribas Group:
BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group 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.
About BNP Paribas Solutions Philippines Branch (BSPB):
Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment.
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, color, 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:
BSPB Compliance will ensure adherence to local regulations and regulatory commitments for offshoring activities, as well as adherence to BNP Paribas Compliance policies including Code of Conduct key requirements. Compliance team will protect the Group on existing and emerging Compliance risks through active supervisory engagement and strong risk management to ensure adherence to regulatory expectations.
Position Purpose
The position will be responsible for handling compliance matters, ensuring good governance to comply with local regulatory and group governance. The candidate will work closely with territory management, participating in and contributing to relevant management committees and meetings.
Responsibilities
- Manage and facilitate Compliance Review Committee Meeting per the Head of Territory (HoT) Charter
- Coordinate as required with various departments / functions within Manila non-banking entity to support the redistribution of responsibilities in the management of compliance risks & in coordination with Territory, APAC domains & Business Compliance teams; assist business to take over activities that shall be delegated to the 1LOD
- Implement and communicate global / regional policies / procedures adapted to local requirements.
- Perform responsibilities specific to the role of Whistle Blowing Referent & Anti-bribery & Corruption Referent (refer to ABC addendum)
- Manage compliance matters and assist in the investigations related to employee cases on (professional conduct, code of conduct, conflict of interest, whistleblowing, policy regarding gifts, private mandates etc.) (refer to PE addendum) and Financial Security topics, as applicable.
- Keep abreast and have a good grasp of the regulatory landscape in the respective Territory notably developments impacting services being offered at Manila non-banking entity (e.g. increased restrictions on offshoring controls, key role on ARP (New Activity Review Process
- Contribute and support towards setting up a risk-based Compliance framework with a view of regulatory / compliance & related risks for Manila Non-Banking entity / BNPP and potentially exposed from ‘service provider’ capacity so that outsourcing issues are effectively monitored.
- Support the industrialization of Compliance activities through global and regional initiatives on process reengineering & digitalization.
- Provide and facilitate training to management and staff on Compliance topics through induction & ongoing trainings which complies with regional & Group Compliance reporting (as required)
- Act as a Business Continuity Head, responsible for overall BCM Program of your Department to ensure business continuity requirement is integrated with all relevant processes, as applicable and their business continues when BCP is invoked. (BCM strategy, solution, documentation, Testing etc.
Technical & Behavioral Competencies
- At least 15 years of relevant experience in compliance with Sound knowledge of Philippines law and regulations, technical knowledge and relevant experience in the areas referred to above and general corporate commercial matters. General knowledge of or exposure to applicable Global regulatory frameworks, market practices, and its evolutions.
- Substantial working knowledge on market integrity issues, protection of interests of clients, professional ethics and financial crime Compliance domains. Ability to partner with specialists in these areas across the region.
- Assume high levels of responsibility and possess the ability to work independently, deal with a robust and demanding internal client base including by handling multiple matters simultaneously and meeting tight deadlines when required.
- Flexibility and ability to handle a broad spectrum of work and to establish new structures and templates.
- Ability to communicate effectively and confidently with individuals at all levels of seniority and from different cultures. Candidate must be a team player with an ability to work closely and constructively with colleagues across the region.
- Excellent working knowledge of Philippines regulations well as their practical application.
- Work experience in similar settings in other global banks is a benefit.
- Minimum 5 years’ post-qualification experience gained at a leading law firm or organization, with exposure to local regulatory framework.
