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.
* excluding partnerships
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.
https://careers.apac.bnpparibas/
Position Purpose:
To manage the correspondent banking APAC business and setup in support of business lines such as Cash Management, and in line with global / local regulations and guidelines.
Responsibilities:
- RMA keys
- Coordinate with the different stakeholders the opening, management & closing of RMA keys for BNPP Legal entities in APAC
- Follow‐up of the opening and closing of RMA keys for APAC
- Actively manage sensitive RMA keys, particularly with regard to Pn countries and GFS red/orange list
- Loro Management
- Onboard BNPP branches and subsidiaries that need to open a loro account ﴾SAA, KYC, Client Approval Committee﴿
- Provide technico‐commercial support for BNP Paribas branches & subsidiaries holding a clearing account with a legal entity in APAC
- Follow up through a monthly dashboard the opening and closing of loro accounts for APAC
- Ensure that no loro accounts are opened for third party banks
- Perform AML & transaction monitoring according to the APAC Loro procedure.
- Nostro Management
- Optimize the number of Nostro accounts by closing the unused ones, replaced by FeasyX or opened with BNPP entities when possible
- Review and approve Nostro opening requests for APAC entities
- Follow up through a monthly dashboard the opening and closing of nostro accounts for APAC
- Participate actively to the RFPs processes handled by Network Management team ﴾provide Business requirements, assess impact when change of clearer for APAC etc…﴿
- Clearing services (HKD, RMB, INR and MYR)
- Define future product development plans and translate into Business Requirements in terms of COT, service, etc. whenever necessary.
- Coordinate and manage ongoing discussions with ITO on the model for Asian currencies clearing offer
- Insure that an appropriate pricing is in place in line with the market
- Support branch requests for enhancements
- Follow Regulatory changes and provide market information to BNPP network ﴾pricing, cut-off times, and process﴿.
- Participation to KYC onboarding and SG KYC extension
- Participate actively in recertification, on boarding & follow up of KYC in conjunction with DD team. In particular, manage a dashboard for SCBO-ship pipeline for TBG related KYC renewals
- Transversal mission
- Actively Participate to transversal missions at Transaction Banking APAC level in connection with Data reporting, Data monitoring, business intelligence or any other relevant topics.
Technical & Behavioral Competencies
- On top of the Technical skills , candidate's key skills must show:
- Meticulous approach
- Capacity of organization and autonomy.
- Positive attitude and stress tolerance
