The main purpose of this position is to contribute to the Compliance core function by supporting regulatory projects, performing various surveillance activities, following up with the new regulatory changes/ developments, dealing with regulatory inspections/regulatory reporting and liasing with offshore Compliance team on regulatory/ Compliance issues proactively.
What would be your typical day at BNPP Paribas look like?
Primary Role Responsibilities
Contribute to the Compliance core function and support Market regulatory projects and requests
Implement regulatory controls such as daily unfair Transaction Monitoring and periodic e-comm. surveillance
Follow up/analyze the various regulatory developments and provide the regulatory requirements / guidance to internal stakeholders
Produce periodic regulatory reports for FSS, KOFIA, and KRX submission
Attend calls or meetings with Regional Compliance Domains and cooperate with them on regulatory projects or requests
Provide compliance advisory services to Business
Handle internal audit and external regulatory (FSS, KRX, and KOFIA) requests/inspections
Prepare for regulator’s on-site inspection and respond to regulatory requests or inquiries
Deal with internal audit-related issues and take a follow-up action on audit result and recommendations
Protection of Interests of Client correspondent
Ensure consistent deployment of PIC policies and procedures
Provide advice and support to employees on PIC matters
Perform, where applicable, PIC trainings (including the adaptation of Group trainings to local
activities and norms)
Implement PIC controls and produce reports
AML
AML back-up on EDD review during the designated officer’s leave
Perform a reviewer role for STR reporting
Prepare and follow up on RBA reporting to the FIU
Other contributions
Conduct and assist with general compliance tasks
Liaise with overseas Compliance teams on regulatory/Compliance issues and for local deployment of new applications and technological enhancements
Prepare for various internal reporting materials, presentation materials and training decks
What is required for you to succeed?
Required education/certification/licenses
More than 7 years of experiences in Compliance field
Teamwork: Work effectively in a team and communicate effectively with team members
Adaptability: ability to recognize the need for change and maintain effectiveness in varying environment
Critical thinking/problem solving: Ability to think logically and give opinion based on the sound judgment
Communication skills: ability to communicate clearly and effectively with teams and outside clients in written and verbal (both in Korean and English)
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.
Basically, why would you want to join BNP Paribas over any other company?
BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...
What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.
Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.
At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.
