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We are looking for

Vice President – Capital Markets Surveillance

Apply REF: GRO000240

Business Overview:


Capital Markets Surveillance (CMS) functions as a part of the US CIB Compliance Department. CMS performs independent market integrity oversight and monitoring activities including but not limited to creating surveillance models and reports, as well as analyzing transaction alerts generated from monitoring systems and exceptions generated from exception reports to detect potential regulatory violations, market manipulation, or suspicious activity. Matters of significance and recommended courses of corrective action are brought to the Head of CMS and the attention of among others: the Head of Functions Compliance, the US Broker Dealers Chief Compliance Officer, the Americas Compliance Chief Operating Officer and ultimately the Americas Compliance Chief Compliance Officer (collectively, Senior Compliance Management), and tracked to resolution.



CMS plays an important role in working with front, middle and back office staff to perform reviews, when necessary, and to determine and coordinate corrective action. CMS also interacts closely with US Financial Security (USFS is also part of US CIB Compliance) in addressing transversal surveillance matters particularly to the extent any adverse patterns or other items CMS observes requires referral to USFS for further investigation which could ultimately result in the filing of a Suspicious Activity Report (SAR).




Responsibilities:


The Capital Markets Surveillance (CMS) Team is a specialized unit within Ethics and Compliance N.A and primarily responsible for reviews using existing surveillances, conducting in depth investigations on activity and patterns, and refining and building surveillances in accordance with and in anticipation of regulatory expectations and remediation plans. Specific responsibilities for this role may include:



  • Conduct surveillance on electronic communications of business units in order to detect potential regulatory violations, identify suspicious activity and items requiring corrective action;

  • Analyze activity detected, document findings and conduct investigations into potential issues;

  • Communicate issues in a proactive manner and interact with Front Office Salespeople, Traders, Supervisors and Compliance Advisory staff as applicable;

  • Raise matters of importance to Departmental Management for review and discussion and refer cases for the filing of Suspicious Activity Reports with USFS to the Financial Crimes Enforcement Network; 

  • Provide training and guidance to “Level 1” CMS team, which performs a first-pass review of alerts, to ensure quality and proper adherence to the Standard Operation Procedures;

  • Assist with the development of surveillance controls and UAT of existing and new applications;

  • Identify key metrics points and generate recurring reports to identify analyst and application efficiencies

  • Conduct and assist with special investigations and projects;  

  • Assist with Internal Audit and ad hoc regulatory requests.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.



Minimum Required Qualifications:


  • BA or BS Degree.

  • 7 + years of experience with a financial services firm and/or self-regulatory organization in a compliance or regulatory related position.


  • Knowledge of market regulations, particularly those targeting market abuse and insider trading, including the rules and regulations of the SEC, CFTC and all exchanges and associations under such federal agencies, including FINRA, NYSE, CME, ICE US;


  • Excellent interpersonal and communication skills, with the ability to interact effectively across regions and with various levels of management and stakeholders.

  • Strong analytical and investigative skills.

  • Exceptional organizational skills.

  • Ability to manage, multi task, and handle multiple compliance assignments and ad-hoc projects at the same time and meet demanding deadlines.


    Preferred Qualifications:


  • Knowledge of BNP Paribas Group activities and organization.
  • Prior experience performing surveillance of electronic communications
  • Prior experience with statistics, data collection, querying and reporting to senior management.
  • Experience with handling sensitive and confidential information.
  • Experience with coordination across various Compliance functions and stakeholders.
  • Proficient skill set with MS Office Suite.
  • Experience with E-comm surveillance applications such as RedOwl, Autonomy, Digital Reasoning, Actiance, Veritas, etc.;


  • Experience with trade surveillance and case management systems, such as NICE Actimize and SMARTS;


  • Familiarity with market data and due diligence vendors, such as Bloomberg, Reuters, Worldcheck, Lexis, Edgar, etc.;


  • Languages skills: English, French, Portuguese, Spanish.



FINRA Registrations Required:

 


  • Series 7 and 63 preferred


Primary Location: US-NY-New YorkJob Type: Standard / PermanentJob: COMPLIANCEEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 7 yearsSchedule: Full-time Behavioural competency: Ability to collaborate / Teamwork, Attention to detail / rigor, Proactivity, Ability to share / pass on knowledge, Critical thinking, AdaptabilityTransversal competency: Ability to understand, explain and support change, Analytical Ability, Ability to manage a project, Ability to conduct a negotiation, Ability to inspire others & generate people's commitment, Ability to develop others & improve their skills, Ability to develop and leverage networks, Ability to develop and adapt a process