Compliance Manager, Control Room – Vice President

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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.

The Private Side, Control Room, Functions and Securities Services team provides compliance support in the UK to the Private Side businesses, Functions Advisory, Control Room and Securities Service advisory. Private side activities cover Global Banking, Capital Markets and FIC.

The support includes:

• Providing compliance advice to the business lines and functions
• Compliance support to the business lines and functions in alignment with the BNP Paribas compliance strategy
• Assisting the business lines and functions in their adherence to applicable laws and regulations
• Interpreting and advising the relevant businesses and functions in adherence to applicable laws, regulations and standards
• Providing training to business and function staff on relevant laws, regulations and standards
• Supporting investigation of suspected breaches of laws, regulations and standards

Job purpose

To proactively support the management of deliverables of the Control Room. This ensures that the CIB UK business has controls to manage the flow of Material Non-Public Information and its various product lines and businesses. The goal is to identify, manage, and escalate conflicts of interest to protect and enhance the reputation of BNPP with its clients and regulators.

Key responsibilities

• Assist in the general management of Control Room tasks. This includes supervising deliverables and acting as an escalation point for less experienced team members.
• Manage and control the Watch, Grey and Restricted Lists and the identification and resolution of potential conflicts of interest.
• As a subject matter expert, support the relevant business and functions areas in implementing key control room related policies and procedures for the territory.
• Assist in ensuring BNPP meet its regulatory requirements in relation to disclosures to the Takeover Panel, FCA and other regulators.
• Review and approve research reports versus the Grey/Watch and Restricted Lists to ensure potential conflict of interest is cleared.
• Identify solutions for business or compliance issues, including complex and atypical problem solving.
• Manage medium size projects, and contribute to strategic projects, influencing new initiatives and proactively delivering procedure improvements.
• Lead on training of junior staff
• Makes innovative recommendations to drive improvement to the monitoring plan of the key activities of the Control Room.
• Identify opportunities to improve the effectiveness of the Control Room.
• Contribute to committees by representing the UK Compliance function, or CIB Compliance.
• Contribute to the delivery of training.

Requirements

• Professional qualification and prior experience in a Compliance role in control room monitoring or associated activity.
• Excellent knowledge of Compliance principles and processes related to Control Room activities.
• Excellent knowledge of Takeover Panel rules including relevant disclosures under rules 8.1 and 8.5.
• Detailed knowledge of Information Barriers setup and processes.
• Thorough knowledge and understanding of Watch/Grey and Restricted list processes.
• Strong knowledge and experience of Investment Research Clearance.
• Solid working knowledge of the UK regulatory framework and its application to banking.
• Excellent awareness of risk and fundamental risk concepts.
• Excellent analytical skills and an ability to translate knowledge and experience into advice and recommendations.
• Demonstrated ability to identify and solve complex problems, make sound decisions, and manage risks. This includes critical thinking and ability to handle ambiguity.
• Ability to work on one’s own with a high level of autonomy.
• Thorough and organised with an ability to prioritise and work under time-pressure and to tight deadlines.
• Excellent written and oral communication skills in English are required to articulate technical issues and effectively communicate with individuals across the business.
• Proven ability to deal with senior, experienced business stakeholders.
• 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 accredited Menopause 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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