Compliance Officer, Professional Ethics – Associate

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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 Protection of Interest of Clients, Professional Ethics & Regulatory Affairs team provides a number of services and activities across the Compliance Function:

• Protection of Interest of Clients (PIC)
• Professional Ethics
• Compliance Training
• Registrations
• Regulatory Affairs

Compliance Risk Assessment

Job purpose

Responsible within CIB UK as part of a small onshore and offshore team for supporting the day-to-day activities, processes and business queries in relation to Professional Ethics, dealing with stakeholders at all levels of seniority across the bank.

Key responsibilities

Personal Account Dealing (PAD):

• Advise staff on routine personal account dealing requirements and queries, appropriately escalating any complex/difficult issues.
• Where required, execute the On-boarding process of new joiners e.g. account disclosure, classifications etc. and assist with completing BAU updates of classifications and any specific restrictions for movers.
• Where required, execute the account disclosure and validation process with existing staff.
• Review personal account dealing requests to assess any potential or actual conflicts of interests or other issues, following up as needed and recording clear decisions.
• Assist with identifying improvements to the PAD policy, internal procedure and the PAD system
• Assist with providing management information and reports.
• Assist with delivering training to staff and performing monitoring/controls.
• Provide breach and escalation information, following up breaches as necessary.

Outside Business Interests (OBI):

• Advise staff on routine OBI requirements and queries, appropriately escalating any complex/difficult

issues.

• Where required, execute the OBI process for new joiners.
• Assist with reviewing staff declarations and assessing any potential conflicts, following up as needed and recording clear decisions.
• Assist with identifying improvements to the OBI policy, internal procedure and the OBI system
• Assist with providing management information and reports.
• Assist with delivering training to staff and performing monitoring/controls.
• Provide breach and escalation information, following up breaches as necessary.

Gifts and Invitations (G&I):

• Advise staff on routine G&I requirements and queries, appropriately escalating any complex/difficult issues.
• Work with key stakeholders such as the Events team and Compliance Anti-Bribery & Corruption team to help to ensure that ABC risks and conflicts of interest are well-managed and communicated and that appropriate disclosures have been made.
• Review and approve (if appropriate) any gifts and entertainments requests input into the G&I system, following up as needed and recording clear decisions.
• Assist with identifying improvements to the G&I policy, internal procedure and the G&I system
• Assist with providing management information and reports.
• Assist with delivering training to staff and performing monitoring/controls.
• Provide breach and escalation information, following up breaches as necessary.

Personal Relationships and Conflicts of Interest

• Advise staff on routine personal relationships and conflict of interest requirements and queries, appropriately escalating any complex/difficult issues.
• Assist with reviewing staff declarations and assessing any potential conflicts, following up as needed and recording clear decisions.
• Assist with providing management information and reports.
• Assist with performing related processes including training, monitoring/controls.

System and process Enhancement:

• Contribute to change initiatives and projects relating to PE systems and processes including automation and PowerBI
• Assist with identifying improvements and implementing enhanced approaches, with the emphasis on streamlining processes.
• Assist with identifying areas where local specificities are needed in design and implementation of Group systems to meet local best practices and regulatory requirements and follow these up.
• Assist with preparations for and management of audit assignments.
• Follow processes for breaches including investigate potential PE policy breaches, identify established breaches and any remedial action required, appropriately escalating any complex/difficult issues.
• Assist with reporting breaches to the Staff Breaches Working Group and any other bodies (e.g. ICCE dashboard, Conduct Escalation Committee).

Requirements

• Professional qualification and prior experience in a Compliance role in professional ethics advice and management.
• Knowledge of specific Compliance principles and processes in personal account dealing, conflicts of interest and/or gifts and entertainment.
• Good analytical skills and an ability to translate knowledge and experience into advice and recommendations.
• Good working knowledge of the UK regulatory framework relating to Professional Ethics.
• Excellent written and oral English skills in order to effectively communicate with individuals across the business including Compliance team members.
• Computer literacy and a good knowledge of common software e.g. Microsoft Office.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

• Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.

• Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.

• Extensive wellbeing and mental health offering– one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accreditedMenopause Friendly Employer), neurodiversity assessment and support.

• Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.

• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, w e 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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