Manager – ISPL Compliance

December 28, 2023

Manager – ISPL Compliance

ReferenceBNP024165

  • Standard / Permanent
  • IN-KA-Bangalore
  • COMPLIANCE
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Job Description

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.

About Businessline/Function : ISPL Compliance

Ensure and Encourage adherence to BNPP Group Compliance policies, Code of Conduct. Adherence to and responding to regulatory queries.

Warrant Compliance standards on offshoring/outsourcing activities

Safeguard and set-up appropriate Compliance controls and create Compliance awareness

Assist Group Business Lines and activities in their evolution, with a relevant, robust and sustainable Compliance framework

Participate in the Group efficiency efforts and identify solutions to refocus Compliance activities on its core missions

Job Title:

Compliance Officer

Date:

20 Dec 2023

Department:

ISPL Compliance

Location:

Bangalore

Business Line / Function:

Compliance

Reports to:

(Direct)

VP, ISPL Compliance

Grade:

(if applicable)

Manager

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose

·       Implementing Code of Conduct key requirements, BNP Paribas policies and local regulations by taking into account the specificities and regulations applicable to the Territory.

·       Ensuring relevant controls are set up and implemented and the commitments for insourced services are carried out in accordance with terms of SLAs.

·       Ensuring regulatory commitments given for offshoring activities are adhered to.

·       Contributing to the definition and implementation of appropriate measures to manage compliance risks

Responsibilities

Direct Responsibilities

        I.            Roll out and monitor adherence to Compliance Policies

§  Manage Professional Ethics (PE) related activities and controls

§  Ensure adherence to existing Compliance Policies including Personal Account Dealing (PAD) Policy, Gifts & Invitations Policy, Outside Business Interest Policy, Professional Code of Conduct Policy, Anti Bribery and Corruption Policy

§  Review new policies rolled out and implement the same for ISPL, as applicable / appropriate

§  Manage Financial Security (FS) related activities and controls over clients, vendors, employees and operational aspects

      II.            Review of Transition related documents

§  Review Service Level Agreements (SLA), Activity Review Process (ARP) and Risk Assessment (RA) documents from service provider Compliance perspective

§  Interact with the service recipient Compliance team and seek their views / opinions / conditions and ensure all requirements are implemented and managed adequately

§  Maintain repository of transition related Compliance approvals

    III.            Compliance Trainings

§  Conduct and facilitate compliance trainings (mandatory and targeted) for ISPL staff

§  Regularly communicate policies and major changes / highlights through various channels

    IV.            Ensure deployment of robust control framework

§  Rolling out and performing controls based on service recipient compliance/regulatory requirements for offshored activities (e.g. voice recording, Chinese Wall, etc.) and also local requirements and analyzing results of the same to identify and mitigate the relevant risks

§  Coordinate on compliance related incidents and ensure appropriate action plans are put in place

§  Perform regular compliance check and challenge on RCSAs and control plan gap analysis to ensure applicable risks are identified and suitable mitigating controls are in place/proposed

  • Review queries on outsourcing and technical assessments from compliance perspective

      V.            Reporting

§  Preparation of various MIS, dashboards and other compliance reports

Contributing Responsibilities

§  Coordination with various departments / métiers / functions / countries

§  Communication across all levels to ensure management directions including group guidelines are understood

§  Organization & co-ordination of compliance-related awareness-raising and training action

§  Participating in new compliance projects and initiatives

§  Contributing to preparation of compliance decks in various committees and forums

Technical & Behavioral Competencies

§  General knowledge of Capital Markets and sound understanding of Financial Security matters

§  Prior Compliance, Audit, Risk, Inspection or Permanent Control experience will be a considerable plus

§  Experience of working in international banking business structure

§  Strong English communication skills

§  Stakeholder management skills

§  Self-motivated and result oriented, with the ability to identify & solve issues and work under pressure

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Communication skills – oral & written

Attention to detail / rigor

Ability to synthetize / simplify

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to develop and leverage networks

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

Compliance related certifications – from recognized institutions

NA

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