Global Markets Regulatory Permanent Control Officer

About The Job

• In the context of new incoming regulations and CIB Management’s ambition for a strong governance & control framework, the position primarily focuses on the oversight of the Regulatory Risk but participation to other areas (Conduct or Operational Risk) may be also contemplated
• The primary responsibility of the GM RPC Officer focusing on regulatory risks is to establish, deploy and run the Governance & Control Frameworks specifically called by any regulation impacting Global Markets Front-Office or required by the Bank’s supervisors
• This position will have a specific focus on the investor protection risks. The RPC officer will be in charge of the continuing improving the recent implemented governance ensuring full adherence of Global Markets to all applicable regulation and responsible to deploy the relevant oversight in term of Risk Identification & Assessment, Control framework, Policies & Procedures, Training & Awareness
  
  

Your Main Activities

• Coordinating all committees that ensure continuous adherence to the laws and notably in charge of:
• Reviewing regulatory-related control results and performance indicators
• Ensuring escalation of potential breaches
• Following-up of required remedial actions
• Analyzing impact of change of the regulation
• Participating to the design of any regulatory-related 1st level controls plan
• Interacting with all relevant partners & functions to identify potential area of concern and reinforce the Bank’s setup by designing ad-hoc remediation plans or implementing IG / Supervisor recommendations having a specific regulatory focus
• Promoting awareness of laws applicable to GM Front-Officers
• Supporting the Business in mandatory certification programs
• Acting as a Single Point of Contact within GM RPC for all regulatory topics to be addressed as part of the BAU team’s mandate
• Ensuring record-keeping and audit trail of all decisions and supporting documentation in relation to the regulatory governances
• Coordinating any Group or CIB Regulatory initiative impacting GM incl. the cascading of relevant policies
  

Profile And Skills To Success

• Bachelor’s degree in Law, Economics or Social Sciences
• At least 3 year-experience in a similar control function (Consultant, Audit, Risk, Operational Control, Compliance, or banking industry) or another risk-focused team
• Previous position in a regulatory project implementation team or regulation-dedicated control team would be a significant asset.
• Fluency in English, both oral and written (mandatory)
• Proeficient in Office pack
  
  

About The Team

• Global Markets Regulatory Permanent Control is part of the Chief Conduct & Control Office and also operates in all regions with the primary objective of strengthening the front to end internal control set up for GM, designing the operational risk cartography and driving the operational risk regulatory capital.
• The department is organized around 3 streams:
• Operational Risk Practice: contribute to protect the business (P&L, reputation)
• Regulatory Practice (RPC): support any regulatory requirement with a sustainable framework, in line with the dedicated Governance, Control Plan & Risk Assessment
• Conduct Practice: assess and challenge the effectiveness of the Conduct control set-up as well as ensure a full convergence between Conduct Risk Identification (CRI), Risk and Control Self-Assessment – RCSA)
  
  

About Global Markets

• Global Markets is BNP Paribas’ capital markets business within the Corporate & Institutional Bank (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutionals, corporates, private banks and retail distribution networks. It is made up of over 3,700 staff globally based in EMEA, the Americas and Asia Pacific, with the main trading floors located in London, Hong Kong, New York, Paris, Singapore and Tokyo
• Within Global Markets, the CCCO is a transversal and independent team responsible for overseeing the non-financial risks and deploying a strong conduct and permanent control framework around these risks, while ensuring integrity and sustainable development of Global Markets. Working in strong cooperation with Business Lines, transversal teams, functions and Bank General Management, GM CCCO has a global mandate across all platforms and all regions
  
  

Why joining BNP Paribas?

• Leading banking institution
  
  

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

• Our presence in Portugal
  
  

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

• International reach
  
  

Thanks To Its International Presence And Regular And Close Collaboration Among Its Different Entities, BNP Paribas Has The Resources To Support All Clients With Financing, Investment, Savings And Protection Solutions That Help Make Their Projects a Success. BNP Paribas Holds Key Positions In Its Three Core Operating Divisions

• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
• Diversity and Inclusion commitment
  
  

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

• Commitment towards work/life balance
  
  

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

• Remote Working Conditions
  
  

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

• Please note that only applications submitted in English will be considered.
• In case you are selected for this role, further documentation will be requested to support your hiring process.