Registrations Compliance Officer

Job description

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 72 countries, with more than 202,600 employees, of which almost 155,000 in Europe. The Group 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. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending.

BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. www.cib.bnpparibas.com

Business Overview:

The Registrations Compliance team supports BNP Paribas Securities Corp. (U.S. SEC/FINRA registered broker-dealer; NFA/CFTC registered futures commission merchant/swap firm; holds memberships with various principal U.S./Non-U.S. exchanges/regulators) and its registered personnel from a licensing and registration perspective. In addition, the team supports BNP Paribas’ (CFTC registered swap dealer) from an entity perspective and registration of its principals. The team collaborates closely across all business lines to ensure the firm and its registered employees are satisfying their regulatory obligations.

Candidate Success Factors:

Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform:

· Results and Impact
· Leadership and Collaboration
· Client, Customer and Stakeholder Focus
· Compliance Culture and Conduct

Responsibilities:

Registrations Compliance is responsible for maintaining accurate and complete FINRA and CFTC/NFA registration for Registered Representatives of BNP Paribas Securities Corp and the swap dealer(s). In addition, ensuring the appropriate corporate filings and reporting obligations are timely satisfied..

· Provide advice/guidance on registrations/licensing requirements, processes and procedures
· Timely process Form U4, U5, 8R and 8T. Ensure that all new employees joining the firm in a position which requires securities/futures license(s) are adequately licensed or pass the appropriate exams.
· Track/monitor pending exams for employees required to be licensed.
· Maintain FINRA/CRD and NFA accounts to cover registration fees, fingerprint card fees, exam fees, etc.
· Prepare waiver/exemption letters for qualified representatives as needed
· Interact with managers throughout the region to ensure regulatory reporting requirements for registered broker dealers, FCMs and Swap Dealers are accurate and complete.
· Timely execute background checks, analyze results to ensure the firm is satisfying its regulatory obligations
· Ability to navigate FINRA Gateway/Web CRD, NFA ORS, Winjammer Electronic Filing System
· Partner with U.S. Human Resources Campus Recruiting to fit Series examinations training into the associates/analyst program. Address questions from employees regarding the disbursement of study materials and in-house classes.

Continuing Education :

Responsible for notifying registered representatives of their regulatory element continuing education requirement when requirement is approaching. Maintain log of registered representative’s completion and send emails to reg. rep., managers and compliance officers informing them of remaining time the rep has to complete his/her requirement. Notify registered representative, manager & compliance officer if reps window closes before completion of the requirement and inform that the rep cannot act in a registered capacity until the requirement has been satisfied.

· Notify all representatives registered as Associated Persons on behalf of BNP Paribas Securities Corp. and with the National Futures Association of their requirement to complete ethics training.
· Coordinate with vendor to have ethics training material disbursed. Monitor completion and notify managers of individuals outstanding after the deadline.

Desired profile

Qualifications :

Qualifications:

·  BA or BS required.
·  Minimum of 3 years of compliance experience with a broker dealer/financial services firm in a similar role
·  Excellent execution skills with the ability to work successfully under demanding deadlines, manage multiple tasks and projects at the same time and in a change management environment.
·  Strong organizational and project management skills and attention to detail.
·  Excellent interpersonal and communication skills with the ability to interact effectively with front and back office staff and senior management.
·  Team player and ability to work collaboratively across the platform.
·  Strong knowledge of US registration rules and regulations, especially those of the SEC, FINRA, CFTC/NFA and U.S. state jurisdictions.
·  Ability to understand implications of new regulations and to apply regulations to varying “real world” situations.