Offers “Bnp Paribas”

25 days agoBnp Paribas

FI/FX Trade Surveillance Compliance Officer

  • London, UNITED KINGDOM
  • Marketing

Job description



BNP Paribas Overview

BNP Paribas has a presence in 73 countries with more than 198,000 employees, including 145,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services and Corporate & Institutional Banking (CIB)

BNP Paribas Corporate & Institutional Bank is a leading European investment bank with global leadership in many of our businesses. With nearly 30,000 employees in over 57 countries, CIB can offer you an exciting and truly global career.

At BNP Paribas CIB, we work continuously on behalf of our clients, helping them to realise their projects around the world. You can be an important part of this, helping us to serve our clients both in mature and emerging markets, providing them with financial solutions across a diverse range of expertise, products and services. Our origins lie in Europe but nearly a quarter of our employees now work in our multi-award-winning Asia Pacific offices and we are a committed player in all markets.

Strong risk management, combined with the stability that comes from being part of one of the largest banking groups in the world, underpin our success. Joining us, you'll become an integral part of a dynamic team that spans nationalities, cultures and backgrounds, drawing together people from around the globe and reflecting our commitment to international placements.

Department Overview

Department purpose / objectives

Perform a lead role in the day to day trade and order surveillance and all related tasks including the development and embedding of controls, covering relevant regulatory requirements. This will require close interaction with the front office, IT and compliance personnel to review and assess alerts on trade and order surveillance systems as well as the review of the existing and testing and embedding on new controls prior to go-live.

Specific Responsibilities of Role:

·
Day to day execution of the BNP Paribas trade and order surveillance programme with particular focus on FX and FI related businesses

· Provide day-to-day assistance and support to the UK Surveillance Manager
· Review and evaluation of existing controls and proposed enhancements to systems and controls to mitigate any gaps identified
· Assist in preparing management information and reporting regarding surveillance and monitoring activities

· Assist in progress reporting of project related activities to the Project Office and Project related Committees as required

Core Activities Covered

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Contribute to the implementation of Regulatory, Group and CIB standards against market abuse and breaches of Conduct of Business rules.

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Ongoing performance of the Compliance department's surveillance and monitoring programme (coverage across Global Markets), including the review and resolution of alerts on Actimize for trade and order surveillance and Global Relay for Communications surve

·
illance.Assist in the enhancement of existing processes and develop new processes for identifying instances of Market Abuse and breaches to Conduct of Business and Exchange rules

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Active participation in investigations into incidents arising from regular surveillance of electronic communications as well as responding to requests from the business lines

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Proactive and timely escalation of issues (including those from investigations) with adequate supporting information to the Monitoring Manager

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Assist in preparing management information and reporting regarding surveillance and monitoring activities

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Update and drafting of policies and procedures as required

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Ensure the use of workflow investigation tools

Compliance Advisory and Control

·Contribute to the relationship with local Regulators and Exchanges as required

Risk Prevention Tools

Contribute to the set up, implementation and operation of risk prevention tools, designed by Group and CIB C&C Functions, to the Métier environment

Financial Security

Contribute to the implementation within Territory environment of Regulatory, Group and CIB standards against money laundering, fraud, corruption, terrorism, etc.

Day to Day CIB Compliance Operations

Assist in the execution of the department's electronic surveillance programme

Assisting in investigation of, and response to, regulatory enquiries and internal investigations as directed by Compliance Management or the Monitoring Manager

— Work where necessary with colleagues in other jurisdictions to ensure consistency of approach and to promote knowledge sharing

— Contribute to the implementation of all relevant compliance monitoring-related Group / CIB policies and procedures locally in collaboration with the Regional Heads of Compliance / Heads of Compliance Territory and the Global Heads of Compliance

— Assisting in the management of the Compliance department's ongoing relationship with Métier and territory 2OPC teams and the Internal Audit function

— Direct contribution to BNPP operational permanent control framework

Committees

If necessary contribute to the organization of Compliance-related committees for the Métier or, where necessary, with colleagues from similar functions in other jurisdictions on a regular or ad-hoc basis

Projects

As directed by the Compliance Management Team or the Monitoring Manager, to contribute to UK, regional or global projects with a view to ensuring that they are delivered effectively and efficiently

Legal and Regulatory Responsibilities

Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and Compliance policies and procedures as issued from time to time; Financial Crime Prevention requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.

Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Ideal candidate profile



Qualifications :

Competencies required for the role:

· 
FX and FI trading, Back Office / Ops or related fields ; AND

· 
Extensive experience in Banking compliance, Risks or related fields;

· 
Development , enhancement, testing and embedding of controls;

· 
Relevant degree or equivalent qualification;

· 
Relevant experience with FX and FI trading systems and tools

· 
Understanding of Market Abuse and the regulation around it including the relevant control environments such as MAR and MiFID

· 
Strong knowledge of Automated / HFT / Algorithmic trading

· 
Strong IT skills particularly with trading platforms and database tools

· 
Good analytical, investigation, and communication skills

· 
Good interpersonal and presentation skills

· 
Additional language skills preferred (major European, ideally French)

Conduct

·  Be a role model, supporting and fostering a culture of good Conduct
·  Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
·  Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure
·  [For managers only] Take responsibility for your team's conduct and conduct risks''




Business risk

· 
Demonstrates a good awareness of risk and fundamental risk concepts. Always considers risk in his/her daily activities and abides by the Key Front Officer Responsibilities ( and FXLM Principles) and Guidelines. Understands the market, credit, operational, compliance, legal, regulatory and reputational risks of transactions he/ she managers

Essential personal skills

· 
Effective communicator who can align people to the broader vision for the business whether they are directly managed or simply influenced by the individual in question

· 
Communicates pro-actively with management, escalating issues as necessary.

Diligence

· 
Displays dedication & prioritises problems by considering the impact on the business; identifies quick-wins

Resilience

· 
Stays calm and positive, controls his/her emotions in conflict or any situation of intense stress (due to market, time or client pressure).

· 
Ability to undertake a number of issues simultaneously is essential as well as the ability to work under considerable pressure

· 
Passion, tenacity and resilience in an ever changing environment

Innovation



Thinks laterally to identify other sources of useful information and sees ways around obstacles and barriers.

Please note that all applicants must disclose whether that they possess the right to work in the U.K. as per the Immigration, Asylum, and Nationality Act of 2006