What is this position about?

Main Objectives & Purpose

• Client On-Boarding team’s goal, is to ensure a global and consistent “first service” is rendered to the clients.

• This team will be working around 2 main themes: Prioritization of on-boarding/recertification, and Coordination of the whole process (Risk, Legal and Systems).

• The team must work as “one team” to ensure a cutting edge on-boarding service to clients and work closely with major functions as well as FO/Markets.

• Overall, through a dedicated on-boarding team, the team is responsible for client satisfaction with respect to on-boarding.

• To facilitate and provide a complete transversal on–boarding service to WM APAC.

• Providing feedback and escalating issues to the appropriate support functions and management.

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

1. Check through emails and plan what needs to accomplish within the day. Pick up and receive new client onboarding requests, ensuring timely and quality preliminary review.

2. Be the primary interface to stakeholders, advising on onboarding and recertification matters, particularly deficiencies pertaining to documents for onboarding.

3. Collaborate with key stakeholders across various stages on new client onboarding process, i.e., RMs, Team and Market heads, AM, Compliance and other colleagues to ensure seamless onboarding.

4. Make decisions that are effective and well-grounded based on guidelines policies and insights and escalate potential risk/issues early on.

5. Perform independent review on documentations for client’s onboarding and recertification.

6. Engage RMs in documentation requirement discussion and ensure the quality of documentation/KYC meets standard for onboarding.

7. Ensure the client KYC record is updated in the system with accuracy and high quality, and in a timely manner.

Primary Role Responsibilities

Implementation and Process

• Ensure name screening, materiality assessment and Risk scoring meet the Bank’s policies, standards, and applicable local legal and regulatory requirements.

• Ensure adverse news hits and increased risk factors have been appropriately identified in accordance to local regulations and guidelines and global policies

• Provide support and guidance to Front Office throughout the documentation/form completion process.

• Review the documentation requirement and completeness during client lifecycle as Level 2 checker

• Ensure all client files are stored and maintained accordingly (electronically and in paper format).

• Prepare regular reports for Management review (e.g. account documentation irregularities, monthly statistics etc).

• Ensure timely processing of static data updating request.

• Appropriate and confidential handling of client data and information.

• Administer request from internal regulators, internal stakeholders with respect to audit review.

• Other additional request from time to time relating to Client Management Team

Other contributions

Team Spirit

• Work within a team – with an adaptable flexible approach, coordinate with team members and Front Office to resolve complex cases and address issues in a timely manner.

• Be open to change and support the vision of working in a fully transversal operation.

Information Sharing

• Ability to share information and eventually train new team members.

Control and Risk

• Abide with operational risk procedures and escalate incidents to Managers where necessary.

• Contribute to the implementation and controls for daily processes and assist with the update of procedures.

• Report and escalate concerns/ issues to Manager when required.

Communication

• Liaise regularly with the following internal groups to ensure a smooth on boarding process: Compliance, Legal, FO teams, Client on-boarding or other support teams within Singapore/Hong Kong that have any involvement in the Client On-boarding process.

Comply with BNPP Permanent Control Activities

• 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 guideline.

• Contribute to the reporting of all incidents according to the Incident Management System.

• 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.

What is required for you to succeed?

• Understand the principles and be familiar with WM products and types of customers

• Strong understanding of account documentation, SoW, due diligence and local Anti-Money Laundering requirements

• Fluent in English (spoken and written). Good command in Mandarin is a plus (for supporting Taiwan/China Markets).

• Excellent communication and interpersonal skills

• Must possess a strong fundamental and technical skills, awareness of operational risk

• Excellent PC skills, especially in Excel.

Other Value-added Competencies:

• Team player, independent, hardworking, eager to learn and attention to details

• Client-oriented and high adaptability to changing environment

• Able to work under pressure and deal with unclear requests as well as a high volume of requests

• Strong analytical and strong risk sense

• Minimum 3 years of relevant working experience

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

• Understanding of Compliance and Regulatory influences within the Client onboarding process 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 Private Capital Loan Solutions Officer plays a critical role in the Private Capital team. The role will require technical expertise in processing and reviewing functions with respect to PC Loan Administration services delivered to the BNP Paribas client base.

The role is responsible for the output and service delivery of the PC team and will include the provision of technical expertise for all middle office and back office activities. This role will focus on the delivery of daily activities for PC assets, but also support onboarding and transitions, as well as business change projects and business improvements, to ensure a consistent and sustainable operating model.

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

Primary Role Responsibilities: 

The operational responsibility will include the review and delivery of the following activities: 

• Review documentation and assess operation structure to understand the purpose of the deal and its related point of attentions
• Review asset documentation to capture relevant data into Loan Administration system
• Review all fee structure for each investment
• Setup the Loan Administration system in accordance with the asset documentation
• Produce and maintain any operational database to fulfil Loan administration duties 
• Provide and assist international offshoring center for data input & static data in Loan Administration system
• Set up in Loan Administration system the relevant report (including via Crystal report) to be sent to third parties such as Fund administrator or Asset Managers

Other contributions 

Manage and follow up existing transaction

• Perform cash & portfolio reconciliation
• Monitor asset restructuration and its impact (on cost, accrual, new entries etc.…)
• Perform maintenance on assets: cash interest, PIK, fee (commitment, arrangement, participation)
• Update Loan Administration system and manage notices
• Produce report (Crystal, Month-end, KRI, etc.…)
• Ensure that the cut off time (operational & contractual) are respected
• Follow up and solve anomalies (Internal & external)
• Follow up payment /receivables
• Update operational Memo
• Participate in procedure implementation – Create procedure to (i) comply with business requirement, (ii) in the scope of streamlining existing process and (iii) describe new activity

What is required for you to succeed? 

Behavioral Skills:

• Ability to collaborate / teamwork
• Brainstorm in group to define the best course of action. 
• Allocate tasks according to the group decision. 

Accuracy

• Implement preventive actions to avoid issues.
• Follow up on to do list for the team.
• Ability to deliver on time / Results driven
• Ensure to meet the agreed deadline.
• Ensure that the outcome is always in line with the agreed expectation. 

Client focus:

• Ensure to achieve internal and external client satisfaction. 
• Understand clients’ issues and propose solutions.

Problem solving skills

• Review and analyze different aspects related to a topic in a critical manner.
• Make appropriate decisions bases on the analysis.

 Proactivity

• Undertake the relevant measures within the best timing.
• Access action to perform ahead any issue 

Transversal Skills:

• Ability to understand, explain and support change
• Ensure timely analyze
• Provide with clear communication to stakeholders

Ability to manage a project

• Set priorities and adapt them when needed.
• Action and methodically monitor progress by coordinating activities and allocate resources efficiently.

Ability to develop and adapt a process

• Modify any operational process to mitigate risk and/or gain efficiency

Technical skills: 

• Advanced Excel knowledge 
• Not mandatory:  Sentry System, E-Front FIA, Hiport 

Required education/certification/licenses: 

• A strong technical background incorporating aspects on fund accounting, and financial reporting
• Related alternative investment experience within the financial services industry preferred
• Ability to foster and maintain strong interpersonal relationships both internally and externally
• Excellent attention to detail
• Ability to work well individually, and within a small team environment

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

Business Area/Dept Overview

The RISK Corporate Securitisation (“RCS”) team, part of RISK Securitisation, within RISK Corporates is a transversal team responsible for:

 

Job Purpose

Purpose: 

 

Scope: 

 

 

Core accountabilities of role

Specific responsibilities of a Director, Senior Securitisation Risk Officer:

General Responsibilities include active contributions: 

 

 

 

 

 

 

 

 

Knowledge, Skill and Experience

Technical experience and skills for VP level hire (Level: Proficient to Expert):

 Behavioural (Level: Proficient or better):

 

Position Purpose

The Head of Active Advisory Desk will lead a team of Investment Counsellors (ICs). This is a client facing unit that focuses on qualified clients with the affinity to invest. The incumbent will be responsible in cultivating and maintaining strong relationships with clients, ensuring all investment advise to clients adheres to internal policies and regulatory requirements.

Responsibilities

Oversee and lead the team to: 

• Provide holistic investment advice on products and services offered by BNPP Wealth Management. Investment advice will be based on a portfolio approach to promote asset allocation and the importance of portfolio diversification. Where appropriate, tactical solutions will be incorporated into the portfolio to achieve client’s financial objectives.
• Be in charge of the direct relationship with tagged clients who have been predetermined to be suitable for direct coverage given their risk profile and affinity to invest.
• Has direct client contact with clients for more timely advice and is accountable for the suitability and risk management of the portfolio. IC is responsible for efficient and timely order taking and execution. Products and services are offered to tagged clients in accordance with the client’s risk profile and respect the knowledge and experience of the client.
• Conduct regular portfolio reviews (at least on an annual basis) to ensure client’s portfolio is constantly calibrated in accordance to client’s objective and risk profile. Advisory on asset allocation should be made in accordance with the CIO view.
• Investment products recommended by IC must be on the recommended products lists published by WM IS which has gone through the Due Diligence process. Any exception is done on an unsolicited basis and as per client request.

ICs will keep RMs informed of changes to clients’ portfolio such that there is a coordinated approach to client servicing. The IC team is a resource and partner to RMs/Team Heads/Market Heads to achieve business targets and to ensure the best allocation of resources, client assignment will be reviewed regularly. 

Obligations and Compliance (minimum requirements)

• Follow the general guidelines of the Bank and Management policies
• Ensure deals & trade transactions are done accurately and fairly handled and in accordance to regulations & Management policies.
• Inform and escalate issues to Management regarding irregularities in trading and incidents
• Maintain proper audit trails
• Follow the specific guidelines, policies and regulations related to:
  • Dealing in Securities
  • Advising on Securities
  • Advising on Forex (non leveraged and leveraged)
  • Advising on Structured deposits
  • Marketing collective investment scheme
  • Client suitability
  • Client selling process
  • Cross border rules
  • Marketing documentation

Technical & Behavioural Competencies

• Leadership and management skills, ideally managing transversal teams across different locations
• Client-focused with excellent interpersonal and communication skills
• Strong multi asset class/ product knowledge: : FX, Fixed Income, Equities, Structured Products, Funds and Discretionary Management
• Experienced in portfolio management &/ portfolio advisory
• Commercial driven yet with a strong focus on risk control
• A team player with good initiative and team spirit

Specific Qualifications

• University degree
• Relevant investment and management experience
• Must fulfill the fit and proper criteria, and licensing of relevant regulators
• Must fulfill any in-house certification program (if and when required)

What is this position about?

The BNP Paribas Middle Office team provides services to Asset Manager and Asset Owner clients, supporting trade management on a variety of asset (Equities, Fixed Income, FX, Cash, Loans Derivatives) as well as asset servicing functions including corporate actions, reporting and reconciliations.   

The Middle Office team based in Sydney is focused on providing client service support, specialist knowledge on assets & systems, change management and oversight of outsourced processes.  

The purpose of this role is to support the broader Middle Office teams based offshore, with specialist knowledge on HiPort, asset and market knowledge to ensure client deliverables are met, escalations are resolved, monitor key controls and processes, as well as implement improvements across the core platforms and processes.  

This is a newly created role due to recent significant growth in our client base.   

Primary Role Responsibilities

What is required for you to succeed?

Desired knowledge, skill, experience

What is this position about?

The role of the Team Lead Application Production Support (APS) sits within IT for Securities Services (2S) at BNP Paribas SA Australia Branch

Primary Role Responsibilities

1. Client Facing: Responsible for IT Application Support services on applications hosted in Sydney for the 2S business in Australia & New Zealand facing internal users spread across operations & client service. Some of this will including interacting with clients of the bank

2. Team Management: Supervise a team of IT support technicians, providing direction, organizing training and mentoring to develop skills and expertise.

2. Incident Management: Secure resolution of IT incidents with set SLA, including troubleshooting, root cause analysis, and implementing fixes or workarounds to prevent future occurrences.

3. Problem Management: Identifying and addressing the root causes of recurring IT issues, working with other teams to implement long-term solutions and prevent future problems.

4. Communication: Serving as a liaison between the IT support team, other departments, and stakeholders, ensuring that IT-related issues are clearly communicated and that expectations are managed.

5. Process Improvement: Continuously evaluating and refining IT support processes, procedures, and workflows to optimize efficiency, effectiveness, and customer satisfaction.

6. Budgeting and Resource Allocation: Manage APS team’s budget, resources, and vendors, ensuring that the team has the necessary tools, equipment, and expertise to perform their duties.

7. Reporting and Metrics: Developing and tracking key performance indicators (KPIs) to measure the team’s performance, including metrics such as first-call resolution rates, mean time to resolve (MTTR), and customer satisfaction.

What is required for you to succeed?

Must Have

Nice to Have

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 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 au.nz.recruitment@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

Job Content

Role Description and Purpose

The key responsibility would be to develop the distribution business in Malaysia.

Hence the role will require the candidate to develop the business and generate revenues with top-tier distribution partner in Malaysia which translates into :

• Servicing and growing assets with existing clients and seize new opportunities with top-tier distribution partners.
• Achieving the assigned sales target 
• Cultivating and growing client relationships (depth and breadth) within client organisations 
• Working closely with CEO, local and regional Fund Distribution team, Client Services Team and all other relevant functions to ensure the exchange of best practices and continuity in driving sales and client coverage.
• Supporting role would also involve the institutional business in Malaysia, working closely with the Institutional sales team..

Key Responsibilities

• Implementation of the sales plan/strategy to achieve the assigned sales targets.
• Initiate product and marketing ideas and actively organize and participate in business development meetings.
• Manage client relationships in the Malaysia, service and grow assets with existing clients.
• Help to identify new distributors, develop relationships and work closely with them. Open new business relationships and generate revenues from the latter. Support requests from clients and prospects in a timely manner. 
• Conduct seminars, presentations, fund updates and portfolio review to clients.
• Promote BNPP AM funds, thought leadership and raise the company’s profile and reputation in APAC.
• Ensure sufficient interaction and knowledge of wholesale distribution clients in order to cross-fertilize ideas with colleagues.
• Keep abreast of competitor activity, market development and respond proactively to any market changes.
• As the position bearing the primary responsibility for ensuring adequate client/intermediary due diligence and exercising constant vigilance over the business relationship;
  1. To ensure that the KYC process is carried out in a complete and timely manner so that all KYC files that the Company is responsible for are always maintained up-to-date
  2. To contribute to the information and documentation collection and updating as well as to the provision of qualitative analysis, including materiality of adverse information, which is necessary for the Company to eventually decide on the client onboarding or recertification
  3. To fulfill other responsibilities as set forth in the applicable KYC/ KYI policy

Key Internal / External Relationships 

• Internal: Regional Sales Team, Investment Team, Product Specialist, CAM Team and all relevant functions
• External: Distribution Partners and key financial institutions from bank to insurance.

Role Requirements

Essential Qualifications & Experience

• University educated with a degree in Business, Finance, Engineering or related subject ;
• CFA or related qualification preferred
• Solid experience and understanding of the development of financial solutions and fund structuring
• At least 5 years’ sales experience in the asset management industry covering distribution with proven client contacts and a solid industry network

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

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/ 

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