In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 17,000 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 73 markets with more than 196,000 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.
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.
* excluding partnerships
Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team's goal.
The Senior Compliance Officer is required to support the compliance function within BNP Paribas Securities Services Singapore Branch and BNP Paribas Trust Services Singapore Limited in relation to the BNP Paribas Group's compliance control framework and local regulatory obligations.
Direct Responsibilities ● He/she validates the policies to be adhered by the territory and controls that they are respected and implemented by achieving a twofold objective: o Independence of decisions; binding advice o Close partnership with the business to provide them strong second levels of control, guidance and advisory ● He/she is responsible for developing and maintaining a strong Compliance culture within his/her perimeter ● He/she works in close cooperation with other Compliance officers and business lines to ensure consistency of decisions and operating models ● Provides reasonable assurance on the compliance of the operations / activities with applicable laws and regulations and escalates to his/her manager to ensures action plans are launched for perceived weaknesses o Ensures consistency of the Compliance model and policy within his/her operational perimeter ● Supports the Compliance rules to be adapted / implemented in coordination with the Compliance Domains and the Business Lines ● Coordinates diffusion of policies and adaptation into operational procedures o Supports the effective implementation of Compliance rules o Supports the effective implementation of Compliance tools & systems o Makes Compliance decisions on issues reported by local teams in his/her scope of responsibility, involving the Compliance Central Domains when relevant ● Act as an entry point in Decision Process ● Exercises decision rights for category 1 level cases ● Supports appropriate governance to manage risk of non-compliance : leveraging Business Lines COs expertise, Leveraging Domains COs expertise
Key interactions with: ● Representatives of Compliance Operational Perimeters and Domains ● Compliance Business Line representatives ● Business representatives ● Other Control functions
Technical & Behavioral Competencies
Technical skills ● General knowledge of applicable local regulatory framework and its evolutions ● Knowledge of Compliance issues and challenges specific to his/her territory ● Knowledge of the Bank (processes, products, clients...) ● Legal culture and literacy
Soft skills / Behavioural ● Integrity ● Accuracy ● Directing in a positive way (hold one's positions in complex circumstances) ● Self-confidence (independent mindset) ● Ability to learn (curiosity) ● Client focus ● Forward thinking ● Decision-making skills ● Acting with perspective
Specific Qualifications (if required)
● University graduate ● At least 10 years of banking and/or regulatory experience
Internal Number: 5252645
About BNP Paribas (Asia)
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