Assistant Vice President - On-Site Controls Auditor

Business Overview:

The Management of BNP Paribas has committed to ensure compliance with AML / Embargo & Sanctions rules within the entire Group. In this context, Group Compliance has decided to have a strong and permanent set-up within the U.S.: Group Financial Security US (“GFS U.S.”). The objectives of this unit include:

• Having the responsibility for the BNP Paribas Group framework in relation to Compliance with U.S. Sanctions;
• Ensuring a legal watch in relation to U.S. Sanctions in liaison with Legal Affairs;
• Issuing norms, policies and procedures in relation to Sanctions and applicable across the BNP Paribas Group;
• Providing advice on situations linked to U.S. Sanctions across the Group;
• Acting as the ultimate level of management of the U.S. Sanctions – related alerts;
• Acting as the sponsor of tools used to filter flows against embargo / sanctions lists;
• Risk assessing the Group’s branches & affiliates regarding non-compliance issues through a permanent risk oversight;
• Performing on-site controls within BNP Paribas Group to verify that BNP Paribas entities comply with norms issued by GFS U.S.

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.

Position overview:

The OSC Assistant Vice President will report to a GFS U.S. OSC Vice President. The OSC Assistant Vice President - On-Site Controls Auditor as part of a team, will undertake review assignments in accordance with an approved plan; provide a high level of assistance in the conduct of reviews; and contribute to the maintenance and enhancement of stakeholder relationships.

Responsibilities:

Responsibilities of the On-Site Controls (“OSC”) team (from Group Financial Security – On-Site Controls Charter):

• Review the adequacy and effectiveness of the Financial Security framework within the BNP Paribas Group.
• Assess if BNP Paribas’s branches, affiliates and global business lines comply with regulations / Group requirements in the area of Financial Security.
• GFS OSC is based in New York and Paris. GFS OSC is comprised of experienced reviewers who travel internationally to execute a risk-based compliance review plan.
• GFS U.S. On-Site Controls is primarily responsible for reviewing compliance with Financial Sanctions and in particular OFAC-specific requirements for entities not in the GFS Paris OSC scope.

GFS Paris OSC leads reviews on Financial Security (Financial Sanctions, Anti-Money Laundering, Counter Terrorism Financing, Anti Bribery and Corruption) for all businesses and entities in France, Belgium, and Italy, Luxemburg and Germany or belonging to the Domestic Market Operational perimeter supervision. In this role, your primary responsibilities include:

• Performing assigned review scoping and test work, under the supervision and guidance of the OSC Vice President/Team Lead.
• Assisting in the drafting of findings, remedial action plans and review reports.
• Delivering review assignments that adhere to methodology and quality standards.
• Demonstrating strong and effective time management.
• Participating in the enhancement of OSC’s professional practices (methodologies, test plans, RAPs and Review QA etc.)
• Supporting OSC U.S. in executing special and ad-hoc projects.

This position requires at least 25% - 30% international travel to countries where BNP Paribas has offices, operations, or business interests which may include developing countries. Extended stay up to five (5) weeks may be required. This is an exciting opportunity for the right candidate to join a Group-wide function in a highly visible position.

The expected starting salary range for this position in New York is between $112,000 to $137,000 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.

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.

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. In the United States, 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.

The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.

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/

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