Description of the Department: 

The Tax Services team is a customer focused team; they support the business and client activities of the operations division of BNP Paribas Securities Services.  The team works in partnership with our clients to ensure all client deliverables are met accurately and on time. The team also has extensive interaction and dealings with all teams within the operations division as well as other internal BNP Paribas Securities Services teams such as the Risk Function and Relationship Management teams. 

The team is responsible for managing the successful delivery of tax operations services to all our clients. 

This includes the following- 

·                Managing the client relationship from a tax reporting perspective. 

·                Ownership of monthly, quarterly, annual and ad hoc client tax deliverables. 

·                Maintenance of tax reporting infrastructure and templates.

·                Tax process control and risk management.

·                Working with other departments to resolve internal and external queries.

·                SME involvement in transitions and projects.

All services delivered by this team are required to consider current legislative and regulatory requirements and they must comply with operational risk guidelines.  The team is involved in all major projects and transitions, as well as the investigation, management and resolution of any client and internal queries which are directed to the team.

Summary of the Role:  

The Tax Delivery Solutions and Implementation role is responsible for supporting the Tax Services team specifically, but also the broader Fund Services teams, to deliver the desired level of service to our clients, from both an operational perspective and a change perspective. The role will manage, facilitate, support and execute legislation changes and non-BAU initiatives. This role is the business and technical expert who will work with our Product and Client Line to   manage any related change via process improvements or systems upgrades as required. As a result, this role requires strong interpersonal skills to liaise effectively with all internal and external stakeholders.

The role is also responsible for ensuring all client year end and half-yearly client deliverables have been met.  This includes but is not limited to coordinating the planning and delivery across internal and external stakeholders, issue log management, reporting to senior management, and logistics), assessing project impacts to the yearend, post implementation reviews and managing Year End Program Steer Cos.

The role contributes to building and sustaining client relationships by supporting the efforts of Account Managers, Operations Managers and Client Service Managers as well as the broader Client Delivery team.

Primary Role Responsibilities

·       Ensure the tax systems and procedures meet industry best practice and adhere to legislative and client requirements

·       Proactive involvement in delivering a successful year end for our clients

·       Liaise with product, technical and other operational teams to ensure new product offerings, services or legislation changes are deployed successfully to production

·       Manage clients and auditor queries through any tax change process

·       Actively drive initiatives aimed at improving efficiency and reducing operational risk within the business. 

·       Engages externally with clients, consultants, partners and auditors in a way that conveys the strength and values of BNP Paribas

·       Central coordinator for Year End deliverables

·       Manage timetable tracking & reporting progress

·       Gathering Year End requirements from all stakeholders

·       Manage logs of outstanding issues/actions for Fund Services

·       Facilitate regular meetings with all business coordinators

·       Conduct post year-end review (PIR)

Other contributions

The role requires excellent interpersonal abilities and an understanding of investment operations. It requires a strong service ethic and quality focus applied through behaviours and work produced. The role must consider and meet operational risk and compliance requirements throughout the preparation and delivery of work. 

What is required for you to succeed?

·       Experience in a similar role and/or at least 8 years’ experience, at a senior level, in fund administration, custody or investment operations environment with unit trusts and/or superannuation funds. 

·       Awareness of all aspects of a complex master custody environment.  The role does not require formal project management training but will need a similar mindset in solving logistical timetable problems through delivery of low risk and practical solutions. The role will be required to quickly develop an understanding of the BNP Paribas business network.

·       Detailed knowledge of tax accounting principles for financial instruments, trusts, Superannuation funds, Life and Insurance companies.

·       Knowledge of fund accounting, reporting and related operational risk and compliance requirements of the client service function

·       Excellent communication skills, both verbal and written

·       Demonstrated history of successful internal and external stakeholder management

Candidates with workflow or business intelligence skills together with an understanding of how to collate and present data/metrics will have an advantage.

The role requires the ability to escalate issues for resolution and ensure all work completed meets compliance standards in terms of signoff. 

·       Degree or Diploma qualified in Business or Accounting

About BNP PARIBAS

BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management – a bridge between corporate and institutional clients.

 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.

If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.admin@asia.bnpparibas.com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

Position Purpose

The Fund Administration Team is a customer-focused team servicing Asset Owners and Asset Managers. Asset Owners consist of Life Insurance Funds, Sovereign Wealth Funds and Superannuation Funds. Asset Managers manage Trusts and Managed Funds

 The teams are responsible for the generation of accurate client service including:
 * Unit Pricing
 * Fund Accounting
 * Reporting
 * Tax administrative services

 They have extensive interaction and dealings with various managers and teams within the Operations Division including Fund Administration colleagues, Investment Administration teams, Custody Operations and other internal BNP Paribas Securities Services teams namely the Risk Control & Finance function and Relationship Management.

All services delivered by this team are required to consider current legislative and regulatory requirements and they must comply with operational risk guidelines. Also the investigation, management and resolution of any client queries and issues which are directed to the team. Finally the team supports the ongoing fulfilment of service delivery to clients through representation alongside the Relationship Management function.

 The role of Senior Fund Accountant plays an important role in supporting the service delivery of the Fund Administration team and acting as a mentor to the Fund Accountant. The Senior Fund Accountant verifies and reviews the work of the Fund Accountants who prepare and produce accurate and quality reporting in line with SLA targets. Specifically the generation of:
 * Regulatory reporting
 * Statutory reporting
 * Unit pricing reports
 * Accounting reports
 * Tax reports; and 
* Resolution of client and or interdepartmental issues and ad hoc queries

All reports generated should be of a standard consistent with policies and meet legislative requirements. The Senior Fund Accountant also calculates and / or performs first level review in relation to Tax Services including BAS/GST, distributions, taxable income computations and tax returns on behalf of clients. As such they must have sound numeracy and analytical ability and they are capable and pro-active in problem solving and resolution. They gain satisfaction through completing quality work and finalising tasks to required timelines.

Responsibilities

 Senior Fund Accountants will have direct client contact as they are responsible for the accurate and timely delivery of Client reports in accordance with SLA’s. This can include unit pricing, month end report packs, distribution calculations, taxable income calculation and BAS/ GST once reports have been verified as correct. 

Their role also comprises substantial inter-departmental contact and as such they require excellent interpersonal ability as well as the ability to interact with clients and deal with queries and technical issues in a professional and a calm manor. They have a service ethic and a quality focus applied in the way they operate and the work they produce. As required, they investigate and assist with ad-hoc queries. They consider and meet operational risk and compliance requirements in their work preparation and they maintain relevant compliance records.

 They contribute to building and sustaining client relationships by supporting the efforts of the Account Managers, Client Service Managers and the broader team.  They are motivated to achieve individual and team goals and to growing their technical ability and knowledge.  They do this through participation in on-the-job training and education, remaining aware of policy and regulatory change.  They share their knowledge freely.  They also ensure their technical development is current through ongoing study or participation in industry groups.

 Technical and Behavioral Competencies required

 Technical
 * Experience in fund accounting, unit pricing and a good understanding of tax services.
 * Technical accounting ability.  Knowledge of fund accounting, unit pricing, reporting and Tax and related operational risk and compliance requirements of the client service function.  
 * Systems experience and understanding of Hi-Portfolio, PControl unit pricing system and MS Word & Excel

 Behavioural
 * Accountability – Committed to achieving the organisation’s objectives.  Demonstrates perseverance and is accountable for own actions.
 * Attention to detail – Ensures accuracy and implements processes to ensure quality of output.  Ensures high personal standards in all areas of work 
 * Client Focus – Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market
 * Commitment – Committed to our customers, shareholders and employees. Demonstrates enthusiasm towards the organization and motivation to add value and be part of the organization.
 * Change management – Displays flexibility to change and is open to new ideas.  Encourages others to be open to innovation.  Values feedback and gives people scope and confidence to generate ideas.
 * Communication – Oral:  Expressing ideas effectively in individual and group situations.  Adjusting communication style to match the needs of the audience.  Written:  Expressing ideas clearly in all written documents.  Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols.
 * Individual Leadership – Uses an appropriate interpersonal style to inspire and guide colleagues towards goal achievement.  Adjusts behaviour to accommodate tasks, situations and individuals. Leads by example.
 * Innovation – Proactively looks for opportunities for continuous improvement and thinks creatively
 * Responsiveness – Adapts when facing new or unforeseen situations.  Delivers on time the required service.
 * Risk awareness – Adheres to the organisation’s processes and procedures.  Demonstrates a good understanding of compliance issues and implements work practices that minimise operational and reputational risk
 * Team Orientation – Works with the team and the broader organisation towards shared goals and treats all colleagues and clients as partners

 Experience and Qualifications required

 Experience, in fund accounting, unit pricing and some tax with an understanding of the full service model of master custody.  You have awareness of financial market securities and fund products for which you provide accounting services.  You have the ability to provide pragmatic and commercial solutions in problem solving.

 The successful candidate has an inquisitive and questioning mindset and good time management skills, with the ability to meet critical deadlines in the area.  You demonstrate sound numeracy and analytical ability as well as management capabilities (although management experience is not a necessity for this level of role) to enable a collaborative and supportive approach to mentoring Fund Accountants.  You have experience in:
 * Unit pricing
 * Regulatory & statutory reporting
 * Tax reporting 
 * Valuation and Accounting
 * Distributions  or Taxable Income Calculations 
 * Tax Returns 
 * Working in diverse teams
 * Supporting and mentoring more junior members of staff

 You have had experience in the completion of MIS and client reporting (as above) on a timely basis and in line with legislative requirements and organisational operational risk and compliance policies.  You demonstrate a quality focus ensuring reports and the handling of queries or issues meet the requirements of departmental or client Service Level Agreements.  

Operating from a customer-focused work ethic, you have the ability to think with an improvement focus, always looking to enhance the service you and the team provide. You demonstrate the ability to communicate effectively written and verbal and you have good interpersonal skills. You have experience in liaising and working effectively with colleagues across various teams.

 You have the ability to question or escalate issues for resolution. You actively seek to resolve queries or reconciliation items for the clients you support, ensuring appropriate treatment. You ensure work completed meets compliance standards in terms of signoff. You enjoy participating fully in a team, assisting with the technical growth and development of team members where possible.

 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.

 [1] https://careers.apac.bnpparibas/

 More information 

 [2] BNP Paribas – Diversity & Inclusion Journey 

 [3] BNP Paribas – The Bank Of Green Changes 

 Award Obtained

 BNPP has won Top employer Europe award in a 10th consecutive year

ROLE DESCRIPTION AND PURPOSE

The person would support the compliance function within BNPP AM Malaysia businesses to ensure adherence to local regulatory requirements and global BNPP AM compliance standards. The compliance department will ensure that financial security rules, protection of clients’ interest, professional ethics, prevention of market abuses, and compliance governance are adhered to. In this function, the compliance officer’s role is to report to the Head of Compliance, Malaysia and assist in performing compliance monitoring & controls on the business functions in the organization.

KEY RESPONSIBILITIES

• Seek to ensure that the the local BNPP AM businesses operate in conformity with all applicable laws and regulations as well as BNPP AM and BNPP Group policies and procedures so as to mitigate risks.
• Work closely with the local Head of Compliance to establish an appropriate compliance culture within the business 
• Stay up to date with regulatory and legal changes in the investment management industry and understand how the changes will affect the organization. Assist in the execution of an action plan that will ensure that the organization complies with regulations and laws.
• To work with local Head of Compliance to ensure all BNPP AM and BNPP Group compliance and operational control policies are communicated to the business and implemented in the BNPP AM Malaysia Businesses. 
• Ensure the application of compliance strategies and policies implemented by the group.
• Assist in the execution of a robust compliance monitoring program locally which is aligned with the BNPP AM compliance standards including ensuring that outsourced activities are monitored satisfactorily and notified to regulators as necessary. 
• Contributing to the CRMS exercise, including the control plan testing, independent testing and any other control testing rolled out by the BNPP AM Group 
• Support to the completion of the RCSA exercise and ARMOR controls as necessary
• Compile the necessary information required for regulatory reporting, board & local committee reporting and group reporting
• Monitoring investment compliance activities to ensure they comply with the necessary guidelines/restrictions as well as internal policies.
• As the position ensuring the 2nd level of control as defined in the financial security framework and Financial Security Generic Control Plan;
  • To provide a staff training and advisory service to the business on financial security topics (KYC, AML, Sanctions screening)
  • To provide a compliance opinion/risk assessment on KYC files and PEP/Sanctions alerts requiring an intervention. 
  • To perform a second level control per the FS Control plan, to assess and report on the adequacy of the local Financial Security framework
• Conduct 2nd level controls on the compliance domains in accordance with respective control plans covering Professional Ethics, Protection of Client’s Interest, Market Integrity, Regulatory, etc   
• To assist in the onboarding of new joiners including collecting the relevant declaration forms and conducting the new joiner training
• To support Head of Compliance for compliance matters of BNPP AM Najmah Malaysia including shariah compliance monitoring and submission of tax certifications to the regulators 
• To support Head of Compliance on any other ad hoc projects or transversal coverage as necessary

KEY INTERNAL / EXTERNAL RELATIONSHIPS

• Internal: Global, Regional, & Local Heads for Compliance, Local CEO, Legal team, Investment Risk team, Operational Risk & Control, Operations / Middle- Offices, Service Providers, Internal Auditors
• External: Local regulatory bodies, External Auditors, Industry Associations

ESSENTIAL QUALIFICATIONS & EXPERIENCE

• University graduate in law, accounting or other relevant disciplines. Auditing and regulatory experiences desirable, but not essential.
• Minimum of 5 years of compliance experience in the local market, preferably with an international asset management company.
• Good knowledge of guidelines & regulations affecting the fund management industry
• Team player with good communication skills

What is this position about?

The role of the OPC Manager is to ensure the continuous operational risk management framework is implemented and adequately adapted. To achieve this objective, the OPC role supports Securities Services managers and works closely with the Line 2 Risk and Compliance teams. 

Overview of the Role 

The OPC mandate is to support Securities Services managers in:

1. The identification, assessment and management of operational risks. 
2. The definition of risk appetite and the corresponding risk monitoring and mitigation framework.

General Responsibilities

Identification and assessment of risks and controls

Verification and controls assurance 

Operational Risk Incidents 

Audit Recommendations

Governance and reporting 

Awareness and training

Anti-Fraud

ISAE

 

Other contributions

 

May perform other duties and responsibilities that management may deem necessary from time to time.

What is required for you to succeed?

Desired knowledge, skill, experience

About BNP PARIBAS

BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management – a bridge between corporate and institutional clients.

 
 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 several internal employee networks in place to empower our staff to act and challenge the status quo.

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.

If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.admin@asia.bnpparibas.com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).

 https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

Position Purpose

To manage the correspondent banking APAC business and setup in support of business lines such as Cash Management, and in line with global / local regulations and guidelines

Responsibilities

Direct Responsibilities 

1. RMA keys ▪ Coordinate with the different stakeholders the opening, management & closing of RMA keys for BNPP Legal entities in APAC ▪ Follow‐up of the opening and closing of RMA keys for APAC ▪ Actively manage sensitive RMA keys, particularly with regard to Pn countries and GFS red/orange list 

2. Loro Management ▪ Onboard BNPP branches and subsidiaries that need to open a loro account ﴾SAA, KYC, Client Approval Committee﴿ ▪ Provide technico‐commercial support for BNP Paribas branches & subsidiaries holding a clearing account with a legal entity in APAC ▪ Follow up through a monthly dashboard the opening and closing of loro accounts for APAC ▪ Ensure that no loro accounts are opened for third party banks ▪ Perform transaction monitoring according to the APAC Loro procedure. 

3. Nostro Management ▪ Optimize the number of Nostro accounts by closing the unused ones, replaced by FeasyX or opened with BNPP entities when possible ▪ Review and approve Nostro opening requests for APAC entities ▪ Follow up through a monthly dashboard the opening and closing of nostro accounts for APAC ▪ Participate actively to the RFPs processes handled by Network Management team ﴾provide Business requirements, assess impact when change of clearer for APAC etc…﴿ 

4. Clearing services ﴾HKD, RMB, INR and JPY﴿ ▪ Define future product development plans and translate into Business Requirements in terms of COT, service etc… APAC Job Description Template – October 2016 ▪ Coordinate and manage ongoing discussions with ITO on the model for Asian currencies clearing offer ▪ Insure that an appropriate pricing is in place in line with the market ▪ Support branch requests for enhancements ▪ Follow Regulatory changes and provide market information to BNPP network ﴾pricing, cut-off times, and process﴿. 

5. Participation to KYC on boarding and SG KYC extension ▪ Participate actively in recertification, on boarding & follow up of KYC in conjunction with DD team. In particular, manage a dashboard for SCBO-ship pipeline for TBG related KYC renewals 6. Transversal mission ▪ Actively Participate to transversal missions at Transaction Banking APAC level in connection with Data reporting, Data monitoring, business intelligence or any other relevant topics.

Technical & Behavioral Competencies

On top of the Technical skills , Candidate key skills must show: Meticulous approach Capacity of organization and autonomy. Positive attitude and stress tolerance 

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.

https://careers.apac.bnpparibas/

More information

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

What is this position about?

The Compliance function is at the heart of BNP Paribas’ risk management. One of the pillars of the Group’s internal control setup, Compliance teams work both independently and in close partnership with the Business to adapt to the evolution of the Group’s activities and the requirements of the regulators. Compliance teams contribute to maintaining the reputation of BNP Paribas and the trust of our clients, thanks to their strong control of non-compliance risks, allowing everyone to work with confidence.

Within Global Markets, ALM-T, 2S and FIC Compliance, the Transversal Compliance team is:

•    Advise the different businesses or other Compliance teams on transversal matters such as digital solutions;

•    Taking responsibility over the compliance framework of transversal matters (TAC/NAC process, regulatory reporting, etc.); and 

•    Contribute to the management of conduct issues and incidents. 

The team has a regional (APAC) reach and is also responsible for contributing and/or coordinating the regulatory matters specific to HK (reg watch, surveys, inspections, etc.) for GM and ALM-T.

What would be your typical day at BNPP Paribas look like? 

In this role, you will…

At APAC level – 

·          Take the lead of regulatory reporting projects from a GM/ALM-T Compliance perspective

·          Advise and challenge the business on transversal matters (e.g., digital solutions)

·          In coordination with APAC domains when relevant, monitor and support the implementation or the enhancement of transversal Compliance policies in the businesses in scope (e.g., voice recording, usage of mobiles devices, etc.). This can include:

–          Leading consultations with the Compliance teams in APAC territories

–          Advising the business on the requirements and challenging their implementation of such requirements

–          With the support of APAC domains or central BL Compliance teams, providing clarifications on the policies

–          Monitoring the implementation and escalating in case of delays or issues

·          Work closely with central Business Compliance teams to ensure coherence and alignment of the Group’s framework across geographies, except for justified divergences

·          With the support of APAC domains, contribute to the risk assessment exercise (RCSA) and ensure oversight over the control framework

·          Contribute to the regional governance for the management of Compliance risks in the business lines in scope, including for conduct incidents

For HK – 

·          In close coordination with HK Reg Office, manage the reg change process for GM & ALM-T

·          Contribute and/or coordinate regulatory surveys, exams, enquiries, inspection, etc.

·          Contribute to the management of incidents

·          Contribute to the HK governance for the management of Compliance risks in GM & ALM-T (TCC, TICC, LRR, PCC, etc.)

Beside the core responsibilities listed above, the Compliance Officer may provide support to a particular desk or business line on pre-agreed business specific matters.

In 2025, this role will focus on the regulatory reporting framework.

For the avoidance of doubt, the transversal GM/ALM-T/2S/FIC Compliance team is not covering transversal sales or trading.

What is required for you to succeed?

·          Expertise in GM regulatory reporting requirements

·          Sound understanding of GM and ALM-T products and processes

·          Sound knowledge of regulatory requirements in SG and/or HK

·          Knowledge of risk and control framework of a financial institution

·          Strong interpersonal skills, with the ability to communicate and consult clearly at all levels – business, management and other support functions

·          Strong analytical and problem-solving skills

·          Able to work independently adopting a hands-on approach, with good command of written and spoken English

·          Ability to handle multi-tasking

·          Willing to learn, hardworking and enthusiastic with team player mindset

Education & Experience: 

·          Undergraduate Degree with 5 years or more experience in the Compliance department of financial institutions, international brokers or regulators; with strong knowledge of global market products in APAC

·          The candidate should have a good understanding of the regulatory environment and the key challenges and developments which the business as well as the wider industry faces.

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.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

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/ 

The role requires the ability to address client and investor issues and concerns, day-to-day trades, static data updates, and reporting. In addition, contribute ad hoc projects either for specific client initiative or for internal team strategic initiatives such as process improvement, system upgrades and enhancements. The role is a professional partner with clients, investors and all internal stakeholders. Written and spoken knowledge of mandarin is an advantage for some of our key clients.

Direct Responsibilities

• Act as key point of contact for investors and clients
• Ensure queries and requests from investor/client are dealt with in a timely and professional manner
• Ensure that Callbacks are performed in a timely and professional manner and that the supporting is updated in the CiRRUS case for all SDUs and large deals in scope
• Maintain and develop a trust based relationships with investors/clients
• Partner with clients by providing professional advice and resolutions where required
• Ensure a satisfactory and high level of service is delivered to investors/clients, and that the Client SLA’s are met
• Manage and resolve issues relating to day to day trade processing and reporting
• Review Associate CAM’s work and take accountability of all assignments delegated to the CAMs Associates
• Work closely with internal BNP Paribas teams both within the IS department (TP and AML) and in other locations or with other departments to ensure cohesive client delivery
• Ensure delivery of work and services are in a controlled manner with strict compliance with BNP Paribas’ internal policies and procedures as well as fund document and external regulatory requirements
• AML/CFT risk awareness and complete all identified mandatory training to ensure understanding of relevant/applicable Group policies (including but not limited to financial security related matters) and to escalate any irregularities where necessary. To also ensure that his/her team has completed and will adhere to the same.

Contributing Responsibilities

• Make recommendations to the department head or other operation teams where improvement is needed for enhancing client satisfaction and delivery
• Assist in new mandate pitching meeting and fund documentation review / fund structure discussion

Risk and Compliance:

• Ensure relevant risk migration controls including authentication check and vigilance screening are performed when processing manual instruction as required by the Bank policy and local regulations if applicable
• Ensure the operating model in compliance with regulations, market infrastructure evolution and BNP Paribas internal control rules and meet compliance and regulatory obligations

Conduct:

• Adhere to the Code of Conduct and act accordingly internally, when facing clients and providers

Technical & Behavioral Competencies:

• Able to collaborate with other team members and provide assistance in BAU and projects
• Able to coach and train CAM Associates to help them get up the learning curve
• NTAS system knowledge for Reporting, access data, run report extracts
• KURE system knowledge
• Able to contribute on any business change and assist to drive the change
• Possess the required level of conduct that is promoted by the organization

Ensure relevant risk migration controls including authentication check and vigilance screening are performed when processing manual instruction as required by the Bank policy and local regulations if applicable

What is this position about?

Support Team Head of FRR to deliver team missions in 

o    Financial & Regulatory Expertise, ensuring financial and regulatory data accuracy and reliability, performing consistent product analysis;

o    Financial Synthesis for local statutory reporting and contributing to Head Office reporting;

o    Liquidity and Regulatory reporting, producing liquidity ratios, steering of liquidity indicators and producing regulatory reporting in Singapore; and

o    Supervision of nearshore teams in financial closing. 

What would be your typical day at BNPP Paribas look like? 

Accounting & Regulation

•    Keep updated in accounting treatments and norms, including IFRS/IAS standards, group accounting policies, regional memos/policies;

•    Develop team-wise regulatory reading and build connection(s) among regulatory requirements, in the perimeter of SG Finance owned reporting, jointly with Compliance team(s); and

•    Supervise the analysis from local finance perspectives in local regulation requirements for new or exceptional products or upon queries from internal or external stakeholders.

Booking & Closing

•    Well versed in ledger accounting schemes, together with local and regional control teams;

•    Explore system behaviours and data flow from upstream operational systems to accounting ledger to form a front-to-end view; and

•    Supervise nearshore team for a smooth closing process, with constructive feedback in service quality, knowledge and controls.

Financial Reporting

•    Supervise the liaison with APAC/ISPL Finance teams in contribution to a smooth Head Office Reporting (via responding queries and requests etc in a timely and efficient manner);

•    Supervise the coordination and preparation of annual local statutory reporting and disclosures items, as well as the filing of annual return, financial statements and board documents in liaison with corporate secretary; and

•    Coordinate and support the information requirements from the external auditors on statutory audit, including arranging for meetings, approval of engagement letters and management representation letters, in liaison with the external auditors on annual audits.

Regulatory Reporting

•    In liaison with IT teams, maintain regulatory reporting database in the perimeter of SG Finance in regulatory data mappings and recurring/ad hoc adjustments with 4-eye controls;

•    Perform (or delegate the) checks in accuracy of daily compliance reports and weekly compliance summary for post-compliance monitoring purpose and senior management information; and

•    Perform (or delegate the) checks in accuracy of submission of the local regulatory returns prescribed by MAS Notices, and Circulars, the survey required by MAS and Statistical Board, together with queries and additional information request from regulators.

Transversal

Documentation and Control Framework

•    Ensure proper documentation for audit trails and update of SOPs (both at transversal and working files level)

•    Ensure proper and balanced control mindset to operate efficiently within APAC Finance Control Framework; and

•    Contribute to BNPP overall internal permanent control framework.

Change Management: 

•    Lead and/or contribute to the change management projects or ad hoc topics in organization, systems, regulatory/accounting changes or continuous improvements (e.g. streamlining, automation, operational performance control framework etc);

•    Perform regulatory or financial change impact simulation on new or changes in business activities; and

•    Align with stakeholders (inside or outside Finance) collaboratively in clarifying objectives, roles, tasks/deliverables, planning and timeline etc.

What is required for you to succeed?

•    Bachelor degree in Accounting, Finance or related discipline 

•    Possessing at least 6 years of relevant experiences in financial and regulatory reporting in the banks and/or banking audit experience in Big 4 firms, and exposed to Global Market and liquidity reporting will be advantageous

•    Ability to collaborate/Teamwork

•    Attention to detail/rigor

•    Ability to deliver/Results Drive

•    Excellent communication skills – Oral & written

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.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

What is this position about?

The Investment Compliance Analyst role sits within the P&C Client Delivery team. The primary function of the role requires the performing of day to day monitoring of rules within client IMA’s, assisting in the day to day investment process. 

The Investment Compliance Analyst interacts directly with clients and/or investment managers regarding all aspects of investment guideline monitoring to ensure a quality service delivery experience by responding to client queries, resolving issues and participating in client service meetings and reviews.  

In addition to IMA monitoring, the Investment Compliance Analyst will assist clients with related monitoring activities such as Substantial Shareholder, Exposure and derivatives monitoring. 

Primary Role Responsibilities

• Participate in and support the delivery of investment compliance monitoring services to BNP Paribas Australian clients. 
• Act as a contact point in the event of client and/or investment manager queries and requests.
• Ensure prompt action taken to address requests and or issues. 
• Meet with clients as required to ensure the service delivery is of a high standard, maintaining a strong focus on timeliness and accuracy as measured by service KPIs and client feedback. 

Projects & Change 

• Assist with changes and change control aimed at developing, extending, or improving the existing service received by the client.
• Assist with new activity set up and onboarding activities.
• Assist with business requirements documents, UAT & implementation plans, support and maintain project governance documentation.
• Assist in the optimisation of operational processes.

What is required for you to succeed?

Technical skills and experience

• At least 2-3 years of experience in Investment Compliance or a related discipline. 
• Be able to interpret investment mandate agreements into investment rules and set up these corresponding rules within the BNP Paribas compliance system.
• Investigate breaches of mandate restrictions, identify critical factors and communicate this with both investment manager and client. 
• Resolve production issues, client queries and ad-hoc reporting requests, via communication with Investment Managers, clients and internally with BP2S teams including offshore teams, Relationship Management, IT, Fund Accounting and Unit Pricing. Be able to identify and escalate the more complex queries and issues to senior team members in a timely manner as needed. Recommend and implement corrective action where appropriate.
• Perform data maintenance and submit requests to ensure complete reporting, such as adding rules, portfolios, benchmarks, and custom reporting as needed. 
• Build and apply technical capability through on-the-job training and independent research, staying up to date with industry best practice and regulation.
• Ensure appropriate procedures, risk and control guidelines are maintained and adhered to, and identify, update and maintain gaps in controls and procedures.
• Identify and work with senior team members to implement improvements to services and processes, in terms of efficiencies and risk minimisation.
• Ensure Compliance of all processes with internal policies and procedures.
• Understanding of financial markets, including all instrument types and derivatives, plus the practical application in relation to portfolio effective exposure, leverage, duration and credit ratings
• Strong Microsoft excel skills.

System / application skills

• Use MS Excel, Powerpoint, Word at an intermediate level in fulfilling role.

Project/Business Analyst skills

• Apply a strong deadline orientated approach to project delivery
• Exhibit sound written and verbal communication skills.
• Exercise good judgment in commitments made in response to client needs whilst balancing with the commercial and operational needs of the bank.

Qualifications

• Tertiary qualifications preferred, but strong industry experience will be considered. 

Competencies

• Attention to detail – ensure accuracy and quality in work.
• Accountability – takes personal responsibility, delivers against personal and team goals.
• Flexibility – positive and flexible approach to identify preferred solutions to issues and problems.
• Results focused – understand the strategic objectives of the business as well as the team; work to ensure their achievement with a quality focus.
• Client focus – delivers consistently a high standard of client service, aiming to achieve all client deliverables within KPI, and operating in line with the departmental code of conduct.
• Teamwork – work cohesively with a team of senior professionals to define and deliver against strategy, demonstrates sound intuition and political awareness.
• Communication – effective verbal and written communication & effective interpersonal ability.
• Maturity & Judgment – Demonstrates the ability to deal effectively with complex issues, learns from experience, assesses issues using relevant information and applying intuition.  Makes informed and considered decisions.
• Time Management – Prioritise tasks and manage workflow effectively.

Desired knowledge, skill, experience

• Desirable but not essential: Bloomberg, Hi-portfolio.

About BNP PARIBAS

BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management – a bridge between corporate and institutional clients.

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.

If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.operations@asia.bnpparibas.com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes 

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

Position Purpose

BNP Paribas WM uses NETREVEAL Transaction monitoring AML (Vendor; Symphony AI) application for its financial security-monitoring framework. Wealth Management entity is finalizing technical upgrade of Netreveal application from V7.4 to V8.4 vendor release and convergence of business process and IT applications across all countries by building a new multi-entity and multi-currency convergence platform. 

Within the Wealth Management IT Hub Compliance Division, the Senior Business Analyst (SBA) will lead the business analysis activities related to his/her area of expertise, covering the scope of Wealth Management – IT Compliance Anti Money Laundering  activity in Europe and in Asia. The Senior Business Analyst (SBA) will be the IT Stream Lead representing the Compliance division in the WITT (Wealth Management IT Transformation) Program, a strategic global program that replaces the core banking system to Temenos and to adapt data integration flows with new microservices from various upstream systems. 

This is a very important position, as the candidate will be the key contact for Compliance Financial Security topics related to Anti Money Laundering.

Responsibilities

Business Analyst

•    Organize and run dedicated meetings or committees.

•    Proactively communicate and collaborate with external and internal third parties to analyse information needs and functional requirements and deliver the following artefacts as needed: Functional requirements (GFS), Business Requirements Document, Use Cases, Screen and Interface designs, Business process design, minutes, review and validation with Sponsors, Presentation etc.

•    To perform preliminary studies , analysis (including leading stakeholders workshops), effort estimations.

•    Analyse gaps in functionality and processes between European and Asian sites and propose solutions to converge and align them into a common design.

•    Analyse and structure new requirements with all stakeholders involved in order to propose to the organization the best way to deliver appropriate solutions and integrate them in the overall program.

•    Have relevant experience in defining and implementation of business rules, scenarios and supporting business parameters. Experience in AML rules will be an added advantage. 

•    Strong analytical and product management skills required, including a thorough understanding of how to interpret customer business needs and translate them into application and compliance requirements.

•    Collaborate with the team’s experts to establish the technical vision and analyse trade-offs between usability and performance needs.

•    Be the liaison between the business units, and technology teams.

•    Participate to the full development lifecycle including design, estimation, planning, development support, test support, release, implementation & guarantee support.

•    Coordinate, supervise and contribute to Users Acceptance Tests (UAT) related to new implementations

•    Lead, with the support of technical teams, the definition of the solution and the implementation roadmap.

•    Lead vendor discussions & solution for convergence and new version upgrade topics.

Project Management & Governance

•    Good steering committee presentation skills; capacity to interact with C-Level.

•    Coordinate the implementation from a project management perspective and ensure the WMIS Project governance applied at each step.

•    Highlight any potential concerns / risks and proactively shares best risk management practices

•    Manage all the decision making and analysis process allowing designing, validating the solution, and getting the necessary approvals in terms of architecture, IT risk and IT Security.

•    Manage escalations during day-to-day business from stakeholders and propose amicable solutions.

•    Ensure that every new solution implemented respects WMIS standards and allows for mutualisation / reuse as much as possible between sites.

•    Coordinate with all teams, from same division or other divisions, working on the same project

•    Passionate and ensure project is completed on time, on budget, with quality and meet the requirements as per the specifications

•    Support on project management activities such as cost estimation, planning elaboration governance, including follow-up etc.

Technical & Behavioral Competencies

•    Self-starter with positive mind set to work in any challenging situations.

•    Focused approach on objectives and can-do-attitude

•    Strong proficiency with PowerPoint, Excel, Word, Visio

•    Proficiency in SQL and Oracle DB tools for data analysis.

•    Possess ability to manage various interested parties such as stakeholder, subject matter expert, third party vendor, contractor and business user.

•    Capacity to negotiate 

•    Familiar with project management tools as well as issue and release management, production and support (JIRA, Service Now, PPM tools, etc)

•    Excellent verbal and written communication skills and the ability to interact professionally with a diverse group, managers, subject matter experts and technical teams.

•    Experience in analyzing data, data sources and capability to translate the data analysis into business requirements.

•    Experience in coordination of project with multiple IT assets, multiple owners and multiple sites

•    Experiences with Agile & Waterfall methodologies

•    High level knowledge on API and cloud topics will be added advantage

Specific Qualifications (if required)

▪    Functional experience in Compliance Financial Security topics

▪    Strong knowledge of NetReveal and or other AML monitoring tools

▪    Knowledge on NetReveal- Optimization AML module would be added advantage

▪    Knowledge on designing detection models and reporting

▪    Knowledge on Scenario Manager would be added advantage

▪    Knowledge on Command & Control reporting module

▪    Knowledge on Alert & Case manager

▪    Knowledge of Netreveal 8.4 would be added advantage

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.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year