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

 

• Bring Direct contribution to BNPP Securities China Project Operation Agency/Proprietary team setup and operational permanent control framework
• To help find operational solutions to new business development initiatives
• To strongly support & develop the best practices within Global market operations
• To ensuring all procedure are drafted, reviewed and updated to fulfill local regulator requirement and global standard
• Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
• Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
• Minimizing operational failure, including but not exclusively, the risk of fraud , by helping to devise, and by implementing ,sufficient regular  controls
• Comply with internal and external regulatory and compliance requirements


Responsibilities


Direct Responsibilities


The position is responsible for the following main activities:


• Bring SME knowledge of China Securities Market Agency/Proprietary Operation Front to Back workflow including reference data setup, account opening, trade support, cooperate action, Pnl, clearing and settlement, GL posting, reconciliation etc


• Familiarized with QFII client supporting model is a must for Agency Operation team; Index future, Commodity Future & Option experience is a plus for Proprietary Operations


• Familiarized with local vendor trading system, finance system etc. Know how to talk to different system/vendor onshore and offshore during the project setup stage in order to facilitate data flow feeding


• Expertise knowledge in China Securities Market A shares, Fund, Bond, South-connect, Options products trading/clearing/settlement workflow


• Familiarized with local regulatory reporting in the subject areas, including CSRC/SSE/SZSE/CSDC/PBOC etc. Know day to day reporting requirements including client suitability reporting, CSDC unified platform reporting


• Could be one of the main contact to face exchange/clearing house, particularly on the project setup stage. Know how to do the required application


• Previous China Securities Company setup experience is a plus for this position

Contributing Responsibilities

• Assist Ops head to set up the full operation department to fulfil local regulator and firm global standard


• Assist to identify Ops control framework

Permanent Control Aspects


For all staff other than managers:


- Direct contribution to BNPP operational permanent control framework.
- Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- Comply with regulatory requirements and internal guidelines
- Contribute to the reporting of all incidents according to the Incident Management System
- Ensure audit recommendations are resolved within the specific timeline.

For all managers:


- Direct contribution to BNPP operational permanent control framework.
- Responsible for the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- Responsible for ensuring team members to comply with regulatory requirements and internal guidelines.
- Responsible for reporting all incidents according to the Incident Management System
- Responsible for ensuring job descriptions are written, distributed and updated
- Ensure audit recommendations are resolved within the specific timeline.

For Global Markets Middle Office, Operations, IT, etc.:

- Minimizing operational failure, including but not exclusively, the risk of fraud, by helping to devise, and by implementing, sufficient regular controls
- Ensuring appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified

 


Technical & Behavioral Competencies


- Proficient in Microsoft Office
- Well-developed interpersonal, problem solving and influencing skills
- Exhibit high willingness to collaborate with all levels of the organization.
- Solution driven, highly motivated and able to lead team to set up the business


Specific Qualifications 

• All staff should hold CSRC Securities Practitioner certificate
• For specific qualification, please contact China Securities Compliance & HR to confirm qualification requirement
• Strong attention to detail with ability to produce accurate and quality work under tight deadlines and minimal supervision
• Good understanding of Securities industry, specifically Securities, framework
• Good understanding of SSE/SZSE Product/trading rules, CSRC/ CSDC regulations, risk control requirement
• Hands on experience in Operation daily activities
• Fluent in Mandarin and English (spoken and written)

Primary Location
CN-31-Shanghai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
At least 5 years
Reference
ITO001462


Discover the different professions within BNP Paribas: Operations Management

Those who work in Operations Management roles are essential to the smooth-running of our Group, and work consistently to satisfaction to our clients and teams. These roles offer stimulating careers that combine efficiency with a strong collaborative spirit.

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Why should I apply?

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 may not be quite what you think? BNP Paribas business lines and careers are constantly evolving to meet the expectations of our clients and society as a whole.

  • 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.

Find out more