Keywords: Capital Markets, Permanent Control, Regulatory Risk
About the job
This position will have a specific focus on the Indexes risks. The Permanent Control (PC) Senior Analyst will be in charge of continuously improving the recently implemented governance to ensure Global Markets’ full adherence of all applicable laws and responsible for deploying relevant oversight in terms of Risk Identification & Assessment, Control framework, Policies & Procedures, Training & Awareness.
Your Main Activities Are
- Coordinating all committees that ensure continuous adherence to the laws and notably in charge of reviewing regulatory-related control results and performance indicators, ensuring escalation of potential breaches, following-up required remedial actions and analyzing impact of change of the regulation
- Participating in the design of any regulatory-related 1st level controls plan
- Interacting with all relevant partners and functions to identify potential area of concern and reinforce the Bank’s setup by designing ad-hoc remediation plans or implementing IG / Supervisor recommendations having a specific regulatory focus
- Promoting awareness of laws applicable to Global Markets (GM) Front-Officers
- Supporting the Business in mandatory certification programs
- Acting as a Single Point of Contact within GM PC for all regulatory topics to be addressed as part of the BAU team’s mandate
- Ensuring record-keeping and audit trail of all decisions and supporting documentation in relation to the regulatory governances
- Coordinating any Group or Corporate & Institutional Banking regulatory initiative impacting GM including the cascading of relevant policies
Profile and Skills to Success
- Bachelor’s degree or higher, in economics, banking, law, finance or related studies
- At least 4 years of experience on Financial Markets, Capital Markets, Debt Markets, Risk, Compliance or Control Functions
- Fluency in English both written and spoken
- Good team spirit and excellent stakeholder management skills
- Demonstrates a good awareness of risk and fundamental risk concepts and high ethical standards
About the Team
Global Markets Permanent Control team is part of the Conduct & Control Office (CCO) and operates in all regions with the primary objective of strengthening the front-to-end internal control set up for GM, designing the operational risk cartography and driving the operational risk regulatory capital. The department is organized around 3 streams:
- Operational Risk Practice: contribute to protect the business (P&L, reputation);
- Regulatory Practice: support any regulatory requirement with a sustainable framework, in line with the dedicated Governance, Control Plan & Risk Assessment;
- Conduct Practice: assess and challenge the effectiveness of the Conduct control set-up as well as ensure a full convergence between Conduct Risk Identification (CRI) and Risk and Control Self-Assessment (RCSA).
About Global Markets
Global Markets, the capital markets division of BNP Paribas' Corporate & Institutional Banking, is a powerhouse delivering top-tier solutions across asset classes. Our Portugal Platform (Porto and Lisbon) stands as a major European HUB and a unique player in the country, boasting a wide range of Front Office roles and services - Trading, Sales, Research, Structuring, Quants & Engineering, Business Dev and Support, Marketing & Client Support, Risk Management, Data Analytics and Machine Learning. With rapid growth and ambitions to make a global impact, we offer numerous short and long-term opportunities.
Check out our [1] VIDEO and get a glimpse into Global Markets Portugal.
#LI-Hybrid #careerboost
Why joining BNP Paribas?
BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:
* Corporate & Institutional Banking (CIB), connects corporate clients needing financing and institutional clients looking for investment opportunities;
* Commercial, Personal Banking & Services (CPBS), brings together all the Group’s commercial & personal banking and several specialised businesses;
* Investment & Protection Services (IPS), combines a unique continuum of products and services across protection, saving, investment and real-estate.
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.
Diversity and Inclusion Commitment
BNP Paribas´ ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility - Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
* Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees;
* Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our [1] Employee Value Proposition and our [2] Career path page.
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.
