The bank for a changing world

Vice President – CUSO/IHC Financial Security Reporting


Standard / Permanent


US-NY-New York

Job function




Business Overview:


As part of the Enhanced Prudential Standards (EPS), the Federal Reserve requires banking organizations to establish an Intermediate Holding Company (IHC), in attempt to regulate them in parity with comparably-sized domestic Bank Holding Company (BHC) and to establish a risk management framework, including compliance risk, over their combined U.S. operations (CUSO). The BNP Paribas CUSO/IHC Program is structured at the U.S. level across poles of activities of BNP Paribas and provides guidance, supports the analysis, conducts impact assessment and drives adjustments of the U.S. platform’s operating model.


The IHC framework is currently under development, with a regulatory implementation date of July 1, 2016


The primary responsibility of the VP – CUSO/IHC Financial Security Reporting is to assist the CUSO/IHC Compliance function with consolidated financial security reporting across the CUSO/IHC and the Operating Entities/Business Divisions, namely CIB, IP, BoW, and FHB.




This position covers the production of compliance-related reporting covering financial security-related matters, including key Bank Secrecy (“BSA”)/anti-money laundering (“AML”) and sanctions risks, across the CUSO/IHC and the Operating Entities/Business Divisions. Key responsibilities of this position include:


  • Supporting the development, implementation, and maintenance of CUSO/IHC Compliance Reporting Standards with respect to BSA/AML and sanctions information that the Operating Entities/Business Divisions must submit to the CUSO/IHC Compliance function for aggregate reporting;
  • Assisting the CUSO/IHC Compliance function with the launch of periodic data collection efforts;
  • Directing Operating Entity/Business Division questions to the appropriate financial security subject matter experts at the CUSO/IHC level;
  • Aggregating Operating Entity/Business Division BSA/AML and sanctions data;
  • Reviewing and analyzing aggregated data to identify, among other things, patterns and trends that are indicative of BSA/AML and sanctions risk;
  • Summarizing this analysis in concise and well-organized reports or assisting other CUSO/IHC compliance personnel with summarizing the analysis in relevant reports;
  • Coordinating with the Operating Entities/Business Divisions on the completion of Group-wide reporting efforts and assisting the Operating Entities/Business Divisions with responding to requests for information by Group stakeholders; and
  • Assisting the CUSO/IHC Compliance function with other financial security reporting matters, as appropriate.

  • Bachelor’s degree or equivalent required
  • Minimum of 8 years’ experience in banking or other financial institution setting, with a focus on enterprise risk management, compliance risk management, or Internal Audit
  • Strong knowledge of legal and regulatory requirements in the financial security space (e.g., Bank Secrecy Act, Foreign Assets Control Regulations, Export Administration Regulations, etc.)
  • Broad knowledge of financial products and services across the retail and non-retail sectors
  • Strong writing and comprehension skills
  • Experience in reviewing financial security data and writing analyses and commentary with the ability to differentiate between “need to know” and “nice to know”
  • Strong project management skills with the ability to multi-task and manage competing priorities
  • Team player and ability to work collaboratively
  • Ability to establish and maintain strong relationships
  • Flexibility and adaptability
  • Proficiency with Microsoft Office products (Word, Excel, PowerPoint)
  • Proficiency with SharePoint desired