Compliance Independent Testing Office Apac

What is this position about?

The Compliance function is at the heart of BNP Paribas’ risk management. One of the pillars of the Group’s internal control setup, Compliance teams work both independently and in close partnership with the Business to adapt to the evolution of the Group’s activities and the requirements of the regulators. Compliance teams contribute to maintaining the reputation of BNP Paribas and the trust of our clients, thanks to their strong control of non-compliance risks, allowing everyone to work with confidence.

The Regional Compliance Independent Testing Team
- Ensures the definition and deployment of a robust and efficient Compliance control framework across the APAC region
- Performs 2nd level reviews and control testing to assess the adequacy of the Compliance control framework in place at both Compliance and Business Lines levels
- Keeps stakeholders well informed of review outcomes, action plans, or other team initiatives in order to actively evaluate and enhance the Compliance control framework

The Compliance Independent Testing Officer is in charge of defining, performing and reporting 2nd level reviews and control testing done on APAC functions and Business Lines, in order to assess the effectiveness of the Regional control framework across one or multiple Compliance Domains (AML/CFT, Anti-Bribery & Corruption (ABC), Financial Sanctions, Protection of Client Interests, Professional Ethics, Market Integrity, Fiscal regulation, Banking Structural Reform, Regulatory Reporting).

The team adopts a flexible approach, where each team member may work on one or multiple Compliance domains or topics.

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

The Compliance Independent Testing Officer is responsible for the following activities:
**Compliance Independent Testing**

Construct a risk-based Compliance Independent Testing plan to assess the effectiveness of the Compliance control framework, including the active identification of thematic and ad hoc reviews to assess key or new risk areas

Independently perform testing via a structured understanding of the control environment and assessment based on control and risk-based principles

Coordinate with other key stakeholders in the organisation, including other Compliance Domains/ Advisory teams, Global counterparts and Internal Audit, as necessary Remain current on Group policies, regulations and best practices

**Communication and reporting**

Communicate review outcomes to concerned stakeholders, including clear delivery of key messages and proper escalation of potential issues and exceptions

Ensure that high quality of testing results, action plans and reports are published

Actively communicate control and risk management results, matters, risk areas or potential issues with relevant Compliance / Business / territory stakeholders

Be responsible for the production of result dashboards and Territory Compliance Committees (TCC) presentations for the territories and business lines assigned under your scope

**Compliance domains, business lines and territories covered**

The team is in charge of independent testing for all Compliance domains (AML/CFT, ABC, Financial Sanctions & Embargoes, Protection of Client Interest, Professional Ethics, Market Integrity, Fiscal Regulations, Banking Structural Reform, Regulatory Reporting).

The business lines covered are CIB (including Global Markets, Global Banking, 2S, FIC), ALMT and Wealth Management.

The scope includes all 12 territories where BNP Paribas is located in Asia Pacific.

**Contributing Responsibilities**

Contribute to tracking and reporting of Compliance related issues

Contribute to the response to regulatory and internal audit assignments as required

Contribute to other compliance risk or control initiatives as required

**W**hat is required for you to succeed?**

The following competencies would be appreciated:
Understanding of Compliance, regulatory, risk or control matters

Ability to prioritize and work independently

Good understanding of control and risk-based principles

Good verbal and written communication skills

Ability to evaluate complex situations, manage stakeholders, and to issue appropriate and pragmatic recommendations

Team player with interpersonal and teamwork skills

Self-confidence and ability to stand their ground when required

Be flexible and adaptable to work on different topics

Experience and Qualifications required

Compliance / Audit / Control / Risk Management experience

Fluent in English

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 workpl