Business Overview:

The focus of the Investigation & Analysis Group (“IAG”) team is to perform enhanced due diligence on prospective and existing Corporate and Institutional Banking (“CIB”) relationships in an effort to protect the Bank from Anti-Money Laundering (“AML”), Counterparty and/or Reputational risk. IAG is also commissioned with managing the Client Acceptance Committee (“CAC”) for the Americas, which is a bi-weekly designated forum for discussion of these risks among Senior Business Management, Compliance, Legal, and the Front-Line Business.

Candidate Success Factors:

Candidates will be measured on the following four (4) performance drivers which will dictate how individual impact is considered on the Americas platform:

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level 
  • Compliance Culture and Conduct
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

  • Perform analysis of existing and prospective accounts/clients and their beneficial owners, including enhanced due diligence, synthesize findings and report to management, partners, and committee members for effective assessment of viability and risk. 
  • Investigate and review adverse media pertaining to financial crimes, AML/BSA issues, bribery/corruption, OFAC sanctions issues and assess materiality of findings based on a strong understanding of AML/BSA regulatory framework.
  • Draft written summaries of investigative findings. 
  • Present accounts/customers to senior business management for discussion about potential reputational risks
  • Follow-up with appropriate departments for missing or outstanding documents, whenever necessary.
  • Identify Politically Exposed Persons (“PEPs”) and risk rate them according to Group and Local policy.
  • Interact daily with Senior Management, Legal, Compliance, Advisory and other Business units on investigation findings and matters requiring escalation.
  • Update Tracking Tools and Systems to ensure accurate KPIs/ metrics reporting.
  • Conduct Quality Assurance (“QA”) reviews of case files, tracking logs and various AML processes.
  • Work closely with AML Compliance Department to keep abreast of regulatory guidance and rulings, enforcement actions and penalties.
  • Maintain close working knowledge of assigned investigations and advise supervisors of the progress and any matters of concern.
  • Collaborate with business partners, Compliance, Legal and/or fellow support professionals in the development and delivery of AML/BSA/KYC training/presentations.

Minimum Required Qualifications:

  • 5 + years related experience in AML, Audit, KYC and/or OFAC/sanctions; specific experience managing complex investigations or reviews within a financial institution or governmental entity.  Experience in AML Compliance Advisory preferred. 
  • Specific experience managing processes or reviews within a financial institution with a focus on Corporate and Institutional Banking (“CIB”) clients.
  • In-depth understanding of the concepts of KYC, AML risk and Due Diligence requirements as well as an understanding of the financial regulatory landscape.
  • Excellent presentation skills
  • Ability to:
    • Present complex issues in succinct, simple, and straightforward manner; written or verbally.
    • Deal with conflicting points of view and to effect creative and responsive solutions.
    • Balance numerous priorities and meet time-sensitive deadlines effectively.
    • Comprehend and parse and/or interpret complex organizational and corporate structures for ownership percentage, subsidiary breakdown, or merger activity.
    • Work effectively and collaboratively with business partners and senior staff and management in a global organization to achieve desired objectives.
    • Skillfully transfer manual functions to computerized systems to generate meaningful data and increase efficiency.
  • Strong organizational and analytical ability and attention to detail is a must.
  • Superior written communication skills, including drafting reports, and collaborating on policies and procedures.
  • Team player willing to accept challenges large and small and meet them under time pressure.
  • Use utmost discretion when handling sensitive and confidential material.

Preferred Qualifications:

  • Bachelor’s and/or master’s degree in business, Management and/or Finance
  • Experience in AML/BSA Advisory
  • Foreign language proficiency a plus (Spanish, Portuguese, French)
  • Certified Anti-Money Laundering Specialist (CAMS)
  • Legal Degree or Experience in Legal Research
  • Experience with Open-Source Databases/Public Records (BrokerCheck, SEC Investment Adviser Search, Etc.)
  • Experience with utilizing Subscription-based research tools (WorldCheck, LexisNexis, Etc.) to investigate adverse media, PEPs, Sanctions, and other red flags.
  • Comfortable handling multiple assignments at once, while prioritizing based on business needs.
  • Experience with synthesizing and escalating investigative findings to senior management (business writing)

FINRA Registrations Required: 

  • Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

The expected starting salary range for this position is between $120k to $160k annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

The U.S. Financial Security Transaction Monitoring and Investigation (“TMI”) case investigator is responsible for reviewing alerts escalations, reporting on potential suspicious activities identified via internal and external triggers, manual and automated triggers, including but not limited to AML/CFT negative news, fraud, sanctions, KYC, and terrorist financing/human trafficking matters. He/she is in charge of investigating transactions stemming from such referrals, as well as interacting with multiple levels of the bank to mitigate risk and supporting the oversight of the BNP Paribas 1st Line of Defense (“1LOD”). The case investigator will also handle a variety of processes, including legal requests (subpoenas), FINCEN regulatory processes, and law enforcement communications.

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

  • Conduct in depth case investigations pertaining to potential financial crime concerns such as AML, bribery, corruption, terrorist financing/human trafficking, etc, to mitigate regulatory, reputational, and compliance risk for the bank.
  • Conduct investigations stemming from a variety of internal and external referrals, including clients and affiliate fraud, internal employee misconduct, sanctions related matters and circumvention attempts, and AML/CFT red flags.
  • Interact with all lines of business and affiliates to resolve issues as appropriate and determine whether the activity is deemed suspicious.
  • Prepare investigative reports with findings after a review of relevant documentation, including drafting Suspicious Activity Reports (“SARs”).

·       Review monthly AML/CFT/Red flags reports to identify potentially suspicious activity.

·       Participate in monthly calls with branch affiliates and key stakeholders as needed.

·       Participate in a variety of regulatory and legal processes, including FinCEN 314(a), 314(b), 311 special measures, civil and grand jury subpoenas, and law enforcement information sharing and backup documentation requests.

·       Assist colleagues and TMI Management in other special projects involving transactions relating to, for example; cryptocurrency, Money Service Businesses (“MSB”), Payment Service Providers (“PSP”) and entities operating in the cannabis industry.

·       Keep informed on laws, regulations, and current practices pertaining to the Bank Secrecy Act and Anti-Money Laundering regulations.

·       Support senior management with development and rollout of other TMI initiatives and projects.

Minimum Required Qualifications:

·       Undergraduate Degree in Criminal Justice, Business, or related field.

·       3 – 5 years’ experience in transaction surveillance including model validation.

·       Advanced MS Excel, MS PowerPoint skills required.

·       Strong capability with data analytics/manipulation programs and concepts.

·       Strong technical and analytical skills required.

·       Good interpersonal and communication skills.

Preferred Qualifications:

·       ACAMS, ACFE, ACFCS, ACFS certifications preferred.

·       Experience and knowledge of BSA/AML and Sanctions issues is preferred.

·       Experience with Correspondent Banking and Capital Markets is preferred.

·       Experience with Actimize strongly preferred.

FINRA Registrations Required: 

  • Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

The expected starting salary range for this position is between $85,000 to $115,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

The role is Lead of the AFS Trade Support team. AFS covers NY SPMO supports FI Solutions and Structuring activities, including CLO Warehouses, Senior Portfolio Financing and Loan TRS.

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

The role is a team lead role to manage SPMO (Structured Product Middle Office) in NJ office. The role is to ensure that a high level of service to the desk is delivered in administrative, support and control tasks (void of any decision-making or business negotiation) by the respective Trade Support teams. The role will also be responsible to the AFS Credit Transaction Management Team responsible to close the structured transactions.  This role will act as an escalation point of contact for operational issues and will perform support tasks and coordinate with other support groups as necessary.

The role will encompass the management and overseeing of booking control responsibilities as well as the development and/or maintenance of a variety of reporting dashboards and other internal and external reports. The successful candidate will need to have a working understanding of products, systems, front-to-back workflows and current business practices. The individual will establish effective working relationships with Front Office, external counterparties as necessary and other internal areas of support (IT, Finance, P&L, Risk, etc.). The candidate will take an integrated and proactive approach to the business’ requirements, understand the lifecycles of the products traded, systems and reporting mechanisms required to control activity and provide accurate and appropriate information. The candidate should also liaise with Credit Transaction Management & Loan servicing teams of Global Banking departments for financing transactions.

Detailed specific responsibilities include:

•                Maintenance and governance of the procedures

•                Building and executing controls

•                Task allocations to each team

•                Sign off day to day task lists at EOD.

•                Managerial involvement for the team (Performance Review, Personal Development sessions with the team)

•                Project Management on behalf of the Trade Support teams.

•                Maintain/Track the outstanding IT issues until item closed.

•                KPI/KRI Management

•                Monthly Business Management meetings

•                Monthly ITO manager meetings

•                Oversees and manages the reports and dashboards prepared by the Trade Support teams.

•                Assist the team members with each Personal Development plans.

Other responsibilities include:

•                Close liaison with FO to ensure the timely and efficient resolution of trader and other management queries.

•                Close liaison with Credit Transaction Management & Loan servicing teams of Global Banking departments for financing transactions.

•                Management of the incidents from team’s process failures

•                Liaise with other Operation functions and other infrastructure groups to support a ‘one team approach’.

•                Take a ‘can-do’ approach to enhance relationships.

•                Resolve all issues / conflicts in a timely and customer orientated fashion.

•                Adhere to deadlines and objectives.

•                Clear and concise communication with all teams to ensure the timely and efficient dissemination of information and the resolution of queries arising, including escalation of issues to the team manager.

•                Ability to gather information from a broad range of sources and disseminate appropriately.

•                Where appropriate, ability to maintain and explain own position using logic in the light of differing views. 

Minimum required qualifications

•                Leadership skills to inspire and lead the teams.

•                Exceptional organization skills

•                At least 10 Years of experience in Trade Support or Product Control functions

•                Strong interpersonal and communication skills a must

•                Excellent knowledge of financial markets with emphasis on Fixed Income OTC Derivatives. CLO, ABS, LoC and overall credit knowledge advantageous

•                Strong Excel/PC skills with proven ability to work with multiple MS apps.

•                Attention to detail and accuracy imperative.

•                A spirit of continuous improvement is essential.

Preferred qualifications:

•          Management experience would be a plus

•          PowerPoint and Word skills

•          Ability to consistently meet deadlines

•          Ability to work in a fast-paced environment

FINRA Registrations Required: 

FINRA Series 99 (within 120 days)

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): N/A

SEC Security-Based Swap Dealer Associated Person:

N/A

The expected starting salary range for this position is between $180k to $230k annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

VIE Compliance Advisor – New Jersey, H/F

Concrètement votre quotidien ?

En tant que Compliance Advisor, vos principales missions avec l’équipe sont :

  • Examiner l’externalisation des activités réglementées par les courtiers proposée par le comité de transformation liées aux opérations des marchés mondiaux, aux finances et aux technologies de l’information.
  • Mettre en œuvre la gouvernance et à préparer et à rendre compte à plusieurs comités de la CCI des TI, de la gouvernance des données, des finances, des risques, des opérations, de la cybersécurité, de la transformation et de la gestion des fournisseurs tiers.
  • Mettre à jour des politiques du PSS et à la mise en œuvre du projet sur GMO, IT, Records Management Office.

L’environnement de travail, c’est important !

Vous aidez l’équipe ITO Compliance de manière transversale sur des sujets liés aux opérations sur les marchés mondiaux, à la finance, aux risques et aux projets informatiques, y compris les technologies émergentes et les entités juridiques opérant dans l’AMER, avec un accent sur les courtiers américains.  Vous découvrez un environnement en évolution rapide sur une variété de sujets réglementaires multidisciplinaires. Vous travaillez directement avec 2 à 3 autres conseillers mais êtes exposé à diverses parties prenantes.

Les locaux sont à Jersey City, New Jersey et sont facilement accessibles en transports en communs.

Et après ?

Vous gagnerez en compétences en : réflexion stratégique, résolution de problèmes, exposition multidisciplinaire aux opérations de la BIC et aux questions technologiques, exposition très demandée à l’IA et aux technologies émergentes et expérience en matière de valeurs mobilières réglementaires américaines.

Pourquoi rejoindre BNP Paribas ?

Notre monde change : notre manière de nous informer, de consommer… et de travailler aussi ! Aujourd’hui, ce qui compte dans un job, c’est de vivre de véritables expériences, d’apprendre, de partager objectifs et résultats avec ses collègues. Bref, de tracer son propre chemin, différent, responsable et durable. Chez BNP Paribas, nous recrutons nos collaborateurs avec l’idée qu’ils nous aideront à concevoir le monde et la banque de demain.

Vous voulez connaître toutes les raisons de nous rejoindre ? Rendez-vous sur https://group.bnpparibas

Et la rémunération ?

Elle est fixée par Business France et consultable directement sur leur site.

Etes-vous notre prochain VIE Compliance Advisor ?

A vous de nous convaincre !

Vous êtes titulaire d’un Master avec une spécialisation en Economie, Droit ou Management, et vous justifiez d’une expérience de 12 mois minimum (stage et alternance inclus) sur un poste similaire. 

Vous parlez couramment anglais. Vous maîtrisez parfaitement le Pack Office (Excel). 

De plus, votre adaptabilité et votre rigueur seront des atouts essentiels. Ajoutez à cela votre esprit d’équipe et votre capacité à communiquer et a gérer un projet pour finir de nous convaincre.

Dans un monde qui change, la diversité, l’équité et l’inclusion sont des valeurs clés pour le bien-être et la performance des équipes. Chez BNP Paribas, nous souhaitons accueillir et retenir tous les talents sans distinction : c’est ainsi que nous construirons, ensemble, la finance de demain, innovante, responsable et durable.

Enfin, nous attachons une importance particulière à ce que nos futurs collaborateurs agissent au quotidien avec responsabilité éthique et professionnelle.

À tout moment pendant le processus de recrutement, les informations figurant sur votre CV, vos données d’identification et vos antécédents pourront être vérifiées.

Durée et disponibilité

Ce poste est à pourvoir à partir du 1er octobre 2024 pour une durée de 18 mois. 

Avant de postuler, veillez à vérifier les conditions d’éligibilité pour cette destination : Faire son V.I.E aux Etats-Unis (businessfrance.fr) et ajouter à votre espace candidat un CV en anglais.

Business Overview:

Demonstrate the firm’s commitment to compliance by maintaining a compliance testing review program that evaluates the firm’s compliance with applicable laws and regulations and discloses violations and control weaknesses.  Conduct compliance testing reviews of the various front office business areas, branches, and operations areas and provide senior management with detailed reports regarding the extent of the firm’s compliance with applicable laws and regulations along with value-added comments and recommendations where appropriate.  Also, assist in the firm’s various certification processes, coordinate reporting of compliance metrics to the US Intermediate Holding Company and Head Office and participate in special projects/investigations as needed.

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

 

Responsibilities:

  • Develop compliance testing programs for specific business units, operations functions, and products based upon applicable laws, regulations and internal policies.
  • Independently conduct compliance testing of regulatory requirements, processes, policies, procedures, and controls under the direction of the Team Lead within Compliance Independent Testing (CIT) in order to assess and review compliance with legal, regulatory and internal firm policy and procedure requirements.
  • Conduct testing of key controls of the first and second lines of defense.  
  • Escalate potential issues and exception items noted during the review process to the Team Lead / CIT Head for discussion and further investigation if deemed necessary.
  • Draft and validate issues and recommendations addressing the root cause of the issues with stakeholders.
  • Draft reports detailing regulatory requirements, testing conducted, review findings and recommendations.  Issue final reports to senior management. 
  • Prepare and distribute reports to senior management detailing review findings and recommendations.  Periodically report on significant activities conducted and planned for the upcoming period.
  • Ensure that all findings and recommendations are entered into the Reporting & Issue Tracking Application database for tracking purposes and perform periodic follow-up of open issues to ensure proper resolution.
  • Periodically report on significant activities conducted and planned for the upcoming period, including various metrics.
  • Conduct adhoc testwork of various rules and regulations in conjunction with the annual CEO/CCO Certifications.
  • Assist with the annual CEO/CCO Certifications as needed.
  • Conduct or assist with special investigations and projects as deemed necessary by senior Compliance and business management.
  • Assist in compliance related matters during examinations by the Firm’s regulators and internal auditors.
  • Demonstrate and influence others with a positive attitude in the workplace and accepts accountability.
  • Achieve objectives within strict time constraints.

Minimum Required Qualifications:

The desired skills for this position include:

–       Strong knowledge of U.S. securities, commodities, and banking regulations, including the rules and regulations of the SEC, CFTC and all exchanges and associations under such federal agencies, including FINRA, NYSE, CBOE, ISE, CME, NYMEX and ICE US.  Such knowledge should also include Swap Dealer and Volcker Rule requirements.

–       Strong ability to apply knowledge of rules and regulations to numerous types of trading and banking activities and operational arrangements in addition to interpreting the effect of new regulations on these activities.

–       Excellent interpersonal and communication skills with the ability to interact effectively with front and back office staff and senior management.

–       Excellent execution skills with the ability to work successfully under demanding deadlines, manage multiple reviews and projects at the same time and in a change management environment.

–       Strong writing skills summarizing regulatory requirements, testing performed, results, findings and recommendations.

–       Strong analytical and investigative skills.

–       Problem solving and root cause identification skills.

–       Acute business acumen and understanding of organizational issues and challenges.

–       Strong organizational and project management skills and attention to detail.

–       Team player and ability to work collaboratively across the platform.

–       Strong computer skills including MS Office Suite – Word, Excel, Powerpoint, Access.

–       Six to eight years of experience with a financial services firm and/or self-regulatory organization in a compliance or regulatory related position.

–       BA or BS Degree a must. 

 

Preferred Qualifications:

·       Graduate Degree a plus. 

·       Professional Certification or Securities licenses preferred (SIE, Series 3, 4, 7, 9 / 10, 24).

FINRA Registrations Required: 

  • Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

 

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

 

The expected starting salary range for this position is between $85,000 to $135,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

 

About BNP Paribas:

 

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

Americas Compliance is an independent governance function headed up by the Chief Compliance Officer for the Americas (Americas CCO) based in New York with responsibility for all Compliance activities in the United States (comprised of business lines rolling up to International Financial Services (IFS) and CIB) and CIB activities in Canada and Latin America. Reporting directly into the Americas CCO is the Compliance Chief Operating Officer (COO) for Americas Compliance. The Compliance COO is, among other things, responsible for Regulatory Identification and Change Management (RICM) Program; Compliance Risk Assessment; Compliance Risk and Control Self-Assessment (RCSA) of Compliance-owned process operational risks; Compliance Issue Management; Compliance Monitoring; Compliance Historic Incident management; and other related permanent control activities.  

 

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

 

Responsibilities:

Demonstrate BNP Paribas’s commitment to managing the firm’s regulatory risk by assisting in the administration of a comprehensive Regulatory Identification and Change Management (RICM) program for the US. The Compliance RICM team is responsible for: (1) monitoring regulatory developments across applicable issuing bodies for regulatory developments within the Compliance framework, and facilitating the process to communicate, assess and implement related relevant regulatory requirements; (2) updating and maintaining the US laws, rules and regulations library (LRR); and (3) maintaining the Compliance US mapping of LRRs to policies, procedures and controls.

           

The role of the US Compliance RICM AVP includes:

  • Timely review and analysis of regulatory developments including regulatory changes issued by state and federal securities and prudential regulators and self-regulatory organizations (NYDFS, NYFRB, FRB, SEC, CFTC, FINRA, NFA, MSRB, NYSE, CME etc.,) to determine applicability.
  • Timely communication of regulatory updates issued by regulators to subject matter experts within the firm that determine impact(s) and implement changes.
  • Ensuring regulatory changes are appropriately actioned, including tracking and monitoring progress of impact assessments and implementation projects.
  • Assist in the production of data metrics and management information required to ensure appropriate internal reporting, and oversight of the work performed.
  • Assist in drafting regulatory obligations.
  • Mapping relevant regulatory obligations to the risk taxonomy and business lines.
  • Complying with external regulatory requirements and expectations; internal control standards; Group, Americas, IHC and Operating Entity policies, procedures and standards with regard to Regulatory Identification and Change Management program as appropriate.

LRR updates and regulatory obligations mapping to policies and procedures and controls responsibilities include:

  • Maintaining a process to update the US Regulations Library
  • Coordinating with stakeholders and SMEs including Compliance and business lines
  • Monitoring end-to-end obligation mapping to policies, procedures and controls
  • Reporting mapping gaps/progress

Minimum Required Qualifications:

·       3 to 5 years experience working for a financial services firm and/or self-regulatory organization in Compliance, Risk, Regulatory roles and /or data analytics roles.

·       Comfortable reading and interpreting regulatory notices and changes from regulators, including but not limited to, state/federal prudential regulators in the US, self-regulatory organizations and exchanges (NYFRB, FRB, SEC, CFTC, FINRA, NFA, MSRB NYSE, CME, etc.,) that are applicable to the businesses of a foreign banking organization’s businesses, processes and operations (investment banking, corporate banking, markets activities, bank regulatory matters etc.,).

·       Presentation and reporting skills including MS Excel, SharePoint, Word, and PowerPoint.

·       Strong knowledge of data analytics, working with structured and unstructured data. 

·       Experience with visual analytics tools (PowerBI, Tableau and/or other tools).

·       Strong execution skills with the ability to work successfully under demanding deadlines.

·       Team player with the ability to work collaboratively across with front, back office and Compliance stakeholders and senior management.

·       Strong communication skills including proficiency in writing concise and substantive commentary to summarize results. 

·       Strong attention to detail.

·       Problem solving skills.

·       Knowledge of corporate and institutional banking laws, rules, regulations, supervisory guidance, and industry best practices.

·       BA or BS Degree a must.   

Preferred Qualifications:

·       Understanding regulatory notices and changes from regulators, including but not limited to, state/federal prudential regulators in the US, self-regulatory organizations and exchanges (NYFRB, FRB, SEC, CFTC, FINRA, NFA, NYSE, etc.,) that are applicable to the businesses of a foreign banking organization’s businesses, processes and operations (investment banking, corporate banking, markets activities, bank regulatory matters etc.,).

·       Ability to review regulatory obligations in relation to policies and procedures and knowledge of BNPP controls maintenance systems.

·       Ability to navigate effectively in transformational environments.

 

FINRA Registrations Required: 

·       Not required, but Securities licenses a plus (e.g., SIE, Series 3, 4, 7, 9/10, 24)

 

 

FINRA Registrations Required: 

  • Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

 

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

 

The expected starting salary range for this position is between $85,000 to $135,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

 

About BNP Paribas:

 

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership 

Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

The Global Investor Coverage unit of Financial Institutions Coverage (FIC) is a product agnostic group dedicated to the coverage of hedge funds, asset managers and pension funds. The Investor Coverage team coordinates closely with their global peer teams in London and Asia as well as their NY colleagues covering Banks, Insurance, OIC, and Private Equity institutions. GIC is specifically in charge of:

• Managing client relationships on a global basis

• Identifying new industry trends and related client needs

• Working closely with our product specialists in delivering tailored solutions to our clients across the full product suite (flow and structured products, derivatives, prime brokerage, custodial and administrative service)

• Establishing and nurturing regular contacts at all levels of the client organization in order to develop long term business relationships

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

·       Direct coverage responsibilities for Regional Core clients, subsidiaries of key European and Asian clients and newly identified clients

·       Work directly with Senior Relationship Managers in the coverage of top Hedge Fund and Asset Manager clients helping create and execute coverage strategy

·       Build ties with individuals at top accounts, ex C Suite,  to enhance overall relationship

·       Actively work with product partners across the bank, inclusive of GM, GB, 2S, IPS, to deliver the BNPP platform to the client and help originate deals

·       Develop an in-depth knowledge of the client, connecting and delivering them to BNPP

·       Prepare briefing materials, attend client meetings and be actively involved in follow up actions

·       Work with Credit Risk/ICAT teams as first line of defense. This includes ensuring appropriate lines are in place for business lines and Annual Reviews are completed

·       Analyze financial and operating information of our clients and the sectors in which they operate.

·       Identify, in conjunction with the Senior Bankers, issues that clients may face from implementation of regulatory directives/company financial dynamics and capital markets trends.

·       Provide regular updates on industry, company specific developments and market events

·       Create statistical exhibits that analyze comparative financial performance

Minimum Required Qualifications:

  • Minimum 7 years of experience in a large bank or similar organization, of which min. 3 years in Business Development/Relationship Management environment
  • Successful undergrad completion, exposure to Business/Finance a plus
  • Knowledge of the hedge fund and asset manager industries

Technical Knowledge:

  • Knowledge of financial analysis techniques.
  • Strong Excel and Powerpoint skills
  • Capacity to write reports, analyze, summarize, argue and articulate viewpoints

Preferred Qualifications:

  • Integrity and Ethics
    • Makes sound decisions that support the organizational direction, values and mission.
    • Follows through on verbal and written commitments.
    • Keeps others informed of situations, work assignments, and concerns.
  • Relationships
    • Has a positive, professional and credible reputation both internally and externally.
  • Influence and Political Sense
    • Conducts research and collects relevant information to support his/her point of view.
    • Attempts to understand the audience and tailors his/her message accordingly.
  • Results Oriented
    • Demonstrates initiative to do more than is expected or required in the position with the desire and capability to progress with the organization
    • Develops priorities and plans for the effective use of resources to meet organizational and financial objectives.
    • Demonstrates strong organizational skills with the ability to multi-task and manage workflow in a deadline driven environment.
  • Interpersonal Communications
    • Communicates effectively orally and in writing (bilingual skills are an asset)
    • Presents information and recommendations on a basis that is analytical, logical and persuasive.
    • Employs active listening and provides direction that clarifies points.
  • Team Player
    • Sets a standard for FIC initiatives by offering assistance to all levels.
    • Builds cooperation and communication between multiple teams internally and externally, recognizing when different teams could work together for improved success.

FINRA Registrations Required: 

  • Series 63, 79

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

The expected starting salary range for this position in New York is between $195,000 and $255,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

The Equity Derivatives Structuring and QIS Structuring teams (Americas) are a multi-disciplinary team, centrally positioned within Global Markets Americas.

 The Equity Derivatives Structuring and QIS Structuring teams are front-office team partnering to focus on:

• Pricing, and transacting in financial derivatives, including advanced derivatives, as well as Quantitative Investment strategies and specific wrappers (swaps, structured notes, funds).

• Acting as derivatives product specialists and generating quantitative analyses to answer requests by salespeople, traders and clients on such products, or initiate product ideas with salespeople, traders and clients.

• Researching, designing and creating innovative derivatives products and quantitative investment strategies for clients.

• Marketing and creating marketing materials to present such innovative derivatives products and quantitative investment strategies for clients.

• Creating, programming and improving quantitative tools and software to perform the above structuring functions.

• Collaborating closely with functions on business related to equity derivatives or quantitative financial products: credit risk, market risk, compliance, legal, marketing and other teams as needed.

• Client types serviced include: Hedge Funds, Asset Managers, Pensions / Endowments / Foundations, Insurance Companies, Distribution, Corporates, both in the Americas and worldwide.


Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:


The successful candidate at the Associate level will have a strong focus on the structuring of financial instruments with a primary focus on Cross-Asset Quantitative Investment Strategies. The candidate will train to be fully operational on such financial instruments as soon as possible.

As such, the successful candidate should eventually be able to:

• Develop, maintain, market and transact Quantitative Investment Strategies for Global Market Americas, in collaboration with fellow structurers.

• Research financial data and financial time series to create innovative Quantitative Investment Strategies across asset classes from standardized market access products and flow solutions to highly customized structured solutions, that are suited to market conditions and client needs, leveraging one’s quantitative skills, programming skills and understanding of quantitative strategies.

• Act as a Quantitative Investment Strategies product specialist, interacting and educating Salespeople, Traders and Clients on such strategies.

• Coordinate and/or lead the North America Custom Index Committee for the business.

• Coordinate with structuring, support functions (including counterparty credit risk, market risk, compliance, legal, marketing, other asset classes and other regional teams) and trading to support the Sales effort.

• Prepare technical product presentations on a range of Quantitative Investment Strategies.

• Present Quantitative Investment Strategies to clients (client types include: Hedge Funds, Asset Managers, Pensions / Endowments / Foundations, Insurance Companies, Distribution, Corporates).

• Contribute to the automation of the platform, including contributing the development of in-house proprietary quantitative analysis tools.

• Control that the product offering is in line with the BNPP trading capacity and policies.

• Price, market and transact in a range of derivatives products linked to Quantitative Investment Strategies and occasionally in a broader range of equity derivatives products for Global Markets Americas.

Minimum Required Qualifications:

·         Strong technical skills including high proficiency with PowerPoint, Excel, and VBA.

·         Strong coding & programming skills in languages such as Python, R and/or Matlab.

·         Thorough understanding of financial derivatives and stochastic calculus.

·         Strong Science or Engineering background, preferably Master’s Degree in a quantitative or business relevant field.

·         Experience in financial modeling, quantitative finance, and statistical analysis of financial data.

·         Multi-tasking skills.

·         Ability to quickly respond to issues under pressure.

·         Strong analytical skills and attention to detail.

·         Strong interpersonal and communication skills.

·         Strong interest in Finance, Financial Markets, and Quantitative Finance.

·         At least 1 years of structuring experience at the Associate level (or similar relevant experience)

Preferred Qualifications:

·         High GPA.

·         Knowledge of Financial Econometrics.

·         Knowledge of Machine Learning and Pattern Recognition.

·         Knowledge of Bloomberg, Reuters / Refinitiv or similar market data tool.

FINRA Registrations Required: 

Series 7, 63 (may be obtained on the job – within 60 days of start date)

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):


Yes

SEC Security-Based Swap Dealer Associated Person

Yes

The expected starting salary range for this position is between $150,000 to $200,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

The agency mortgage desk within G10 rates is looking for a Junior Spec trader  reporting to the head of MBS Trading. The role is for an Analyst/Associate level. The agency MBS desk trades securities and structured products backed by the GSEs (Fannie Mae, Freddie Mac) and Ginnie Mae. 

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

The role will be in trading and will focus on market making, marketing and risk management of collateral book. Role will focus on bidding Spec pool Origination and secondary lists as well as generating trade idea for the desk. Examples of responsibilities include but are not limited to:

  • Working with current team to provide clients liquidity through market making to BNPP account base
  • Bidding origination and secondary specified pool lists.
  • Interacting with BNP sales and clients in order to understand clients investment objectives and needs.
  • Evaluating the risk and opportunities for clients and the firm’s positions and strategy
  • Maintain our color data base, work closely with our quant and technology teams on developing our spec model pricing tools
  • Stay on top of prepayment trends and evaluate impact on Spec Pay Ups
  • Contributing to and facilitating interactions with trading middle office, confirming daily P&L at the close of the day
  • Maintaining open communication with team and direct line management to resolve risk and P&L discrepancies and fulfil notification requirement.
  • Attending relevant regulatory and product/skill training and keeping up to date with market issues

Minimum Required Qualifications:

  • Bachelor’s Degree in Finance or a related / STEM field
  • 1-4+ years’ previous work experience, ideally in a trading capacity
  • Existing client relationships a plus
  • Direct experience in Mortgages required
  • Capital markets knowledge

Preferred Qualifications:

Analytical mindset with attention to detail; strong interpersonal skills; proactive; demonstrates high standards of ethics and integrity; ability to work well under pressure; strong communication skills, including capacity to present trade ideas to internal and external clients

FINRA Registrations Required: 

Series 7, 63

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • No

SEC Security-Based Swap Dealer Associated Person:

  • No

The expected starting salary range for this position is between $150,000 to $200,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Business Overview:

BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider backed by the strength of an integrated bank. It provides multi asset post trade and asset servicing solutions for institutional participants in the investment cycle, from the buy-side and sell-side to corporates and issuers. Covering over 100 markets, offices in 34 countries and over 8,800 employees, the BNP Paribas network is one of the most extensive in the industry. We bring together local insight and a global network to enable clients to maximize their market and investment opportunities worldwide.

 

Candidate Success Factors:

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

  • Results and Impact
    • Able to influence peers and team.
    • Demonstrates good judgement when making decisions of high complexity and impact.
    • Exercise appropriate autonomy in the execution and delivery of work.
    • Responsible for driving outcomes, which have meaningful effect on team or department.
  • Leadership and Collaboration:
    • Creates trust with colleagues.
    • Acts in leadership capacity for projects, processes, or programs.
  • Client, Customer and Stakeholder Focus:
    • Able to build relationships with a mix of colleagues and clients.
    • Interacts regularly with management and department leaders.
    • Demonstrates the ability to influence stakeholders at the team level.
  • Compliance Culture and Conduct:
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

 

Responsibilities:

  • Prepare mutual fund tax provisions and related tax adjustments.
  • Preparation/review of mutual fund and partnership income and excise tax returns.
  • Prepare various calculations to test for fund compliance with the Internal Revenue Code.
  • Assist in the calculation of the annual dividend requirements and tax adjustments.

Minimum Required Qualifications:

  • Bachelor’s degree in Accounting or Finance required.
  • Must be detail orientated and highly analytical.

Preferred Qualifications:

  • Tax experience preferred.
  • Ability to understand and use various tax materials, forms and instructions.
  • Comprehensive accounting knowledge.
  • Ability to comprehend and utilize complex procedures with minimal guidance.
  • Advanced Excel and Word knowledge, Outlook a plus.
  • Excellent written and oral communication skills.
  • Experience in mutual fund accounting or reporting preferred.

 

FINRA Registrations Required: 

  • Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

 

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

 

The expected starting salary range for this position is between $65,000 to $75,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

 

About BNP Paribas:

 

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.