Compliance Manager, MAS Investigations - Vice President
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Company purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people
Business area
CIB UK Compliance is an independent function responsible for providing specialist advice and support to UK Senior Management, business lines and functions in adhering to internal controls and external rules and managing compliance risks.
The function typically acts as a second line of defence covering areas including controls, assurance, monitoring, professional ethics, training and competence, whistleblowing, money laundering, market abuse, financial security and regulatory liaison. This includes providing advice on the development of control frameworks and conducting regular assessment of the effectiveness of controls.
The Market Abuse Surveillance team is responsible for delivery of a comprehensive compliance market abuse surveillance and risk management framework across all CIB business lines and functions across EMEA.
Job purpose
As a member of the 2LoD alert investigations team, the individual will be responsible for the management, coordination, and conduct of investigations, where directed, relating to instances of significant market misconduct arising across the BNPP Group and the Global Markets business in particular.
Key responsibilities
Whistleblowing and miscellaneous ad-hoc investigations
• Act as the EMEA MAS team's Audit expert and assist in formal internal investigations.
• Depending on the ownership, scope, subject, and complexity of these cases, either coordinate or contribute to the relevant investigations and reporting.
• Ensure relevant analysis of data and records, assist in interviews, organise / investigation team and the investigation to a timely and meaningful conclusion.
• Liaise with Legal, HR and Compliance teams as necessary in the conduct of these investigations.
• Assist in producing clear and concise reports regarding the outcome of the investigation (or relevant part of investigation), make recommendations,
• Develop and maintain a close working relationship with Compliance and other colleagues on market abuse surveillance investigation matters.
• Maintain and adhere to strict confidentiality rules when managing whistleblowing and other confidential cases.
Expert in trade surveillance
• When investigations are not prioritised, perform day to day L2 trade surveillance investigations across CIB EMEA and review alert cases to recommend whether they should be classified as STOR's and MO's before submission.
• Liaise with Compliance teams locally, regionally and globally on escalations and investigations.
• Contribute to the production and maintenance of relevant Standard Operating Procedures.
• Support the L1 offshore team by acting as one point of escalation.
• Participate in or lead training initiatives for off-shore based L1 teams.
Requirements
• Professional qualification and prior experience in audit work, investigations, and accounting practices are required. A compliance role in trade surveillance in banking compliance, risk, or a related field is preferred but not essential.
• Knowledge of specific Compliance principles and processes in Market abuse surveillance and monitoring.
• Understanding of Market Abuse and associated regulation including MAR and MiFID.
• A good working knowledge of the UK and European regulatory framework and its application to banking and markets.
• Solid analytical skills and the ability to provide meaningful insights and experience in advice and recommendations, particularly from an accounting and controls perspective.
• Previous investigations experience advantageous - Preferably in the context of financial markets or AML activity. The candidate should demonstrate critical thinking and understand the steps required in collecting, documenting and preserving evidence in a manner that meets Group standards. The ability to assist the team in drafting interview questions or draw further lines of investigation following the investigation plan drafted with the Head of MAS London. The candidate should also possess excellent case management skills so that complete records are maintained according to standards. A keen eye for detail whilst conducting document review, and the ability to spot inconsistencies.
• Excellent written and oral English skills in order to articulate technical issues and effectively communicate with individuals across the business.
• Strong knowledge of Trading desk activities (Transaction/ P&L/ Positions).
• Strong knowledge of financial markets and assets classes (product knowledge).
• Good analytical and research skills and an ability to translate knowledge and experience into advice and recommendations.
• Good team working.
• Excellent written and oral English skills in order to articulate technical issues and effectively communicate with individuals across the business.
• Solid Audit experience and knowledge of EMEA regulations a plus. Computer literacy and a good knowledge of common software e.g. Microsoft Office. Experience of relevant specialist Compliance software.
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank's strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We're a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) with option to buy and sell holidays.
• Valuable financial plans a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accreditedMenopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Plus, emergency back-up care for dependants,green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone's largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don't want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you'd benefit from some adjustments or additional support, please let us know as early in the process as possible.
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