Company purpose:

Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.

Our employer promise is built around three pillars:

• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people

Business Area

CIB UK Compliance is an independent function responsible for providing specialist advice and support to UK Senior Management, business lines and functions in adhering to internal controls and external rules and managing compliance risks. 

The function typically acts as a second line of defence covering areas including; controls, assurance, monitoring, professional ethics, training and competence, whistleblowing, money laundering, market abuse, financial security and regulatory liaison.

UK Financial Security (“UKFS”) team has oversight responsibilities for; anti-money laundering (including PEPs and other high-risk clients), sanctions & embargoes and anti-bribery and corruption. The Head of UK Financial Security & UK Money Laundering Reporting Officer (MLRO) leads the team covering the following areas. 

• Advisory
• AML Surveillance
• Anti-Bribery and Corruption
• Anti Facilitation of Tax Evasion
• Anti-Proliferation Financing
• Financial and Trade Sanctions
• Risk Assessment
• Investigation and intelligence
• Transversal financial security topics such as horizon scanning, training, policy.

The UKFS team performs a number of functions, which include:

• Supporting and assisting senior management with adherence to applicable laws and regulations, as well as operating to high standards of business and ethical integrity;
• Interpreting applicable laws, regulations and standards and advising BNP Paribas CIB London staff;
• Providing training where appropriate to staff on a number of relevant laws, regulations and standards;
• Monitoring and reporting on BNP Paribas CIB London and staff compliance with laws, regulations and standards (including where these may differ from between UK requirements versus EU laws and Group requirements.

Job Purpose

Responsible for design and oversight of the UK Financial Security Risk Management framework, in line with Group and UK regulatory requirements.

Responsible for the design of the UK Financial Security Risk Assessment (covering Money Laundering, terrorist financing, Sanctions, Proliferation Financing, Bribery and corruption and facilitation of tax evasion) methodology and tools required by UK Legislation to assess the Financial Crime risks to which the CIB UK Business is exposed and to provide conclusions and recommendations for the resultant risk mitigation programme.

Responsible for the oversight of the periodic completion of the UK and Group Financial Security Risk Assessments 

Work in conjunction with Group & CIB teams to develop and enhance the Group FS Risk Assessment methodology as required.

Oversee and manage the UKFS historical incident framework. 

Responsibility for creation and maintenance of any UK Financial Security produced risk assessments e.g. UKFS ABC & AFTE Supplier Risk Assessment.

Act as the UK Financial Securities single point of contact for the Group owned customer, product and sector risk assessments. 

Key Responsibilities

This role will be specifically responsible for supporting the Head of Financial Security ABC & AFTE and Deputy Head of ABC & AFTE where required, as well as providing operational cover/support to UKFS/DMLRO colleagues (e.g. holiday cover, support UKFS workflow response, etc.).

• Work with UKFS management to design and implement an effective risk management framework.
• Working with key stakeholders both locally and globally to ensure that CIB UKs risk management framework remains up to date and in line with regulations and industry best practice. 

Local Risk Assessment:

• Lead & drive forward the UK Financial Security risk assessment strategy.
• Build and enhance the UK Financial Security risk assessment framework to ensure consistency, efficiency and effectiveness across all Financial Security risk topics, and develop any UK enhancements required to meet UK legislation and regulatory requirements.
• Develop local tools and enhancements to assist in the interpretation of results and development of an effective risk mitigation programme.
• Deliver training to UKFS SMES in relation to the UK Financial Security risk assessment methodology and tools.
• Co-ordinate the UK Financial Security risk assessment check and challenge that must be undertaken by UKFS, ensuring that SMEs have access to key information to enable this to be performed effectively (e.g. known gaps, HIs etc.).

Group Risk Assessment:

• Work with the Group & CIB teams, CIB UK Business and Operations teams, to ensure the completion of the annual Group FS Risk Assessments (e.g. AGORA, CARE2, Risk Classification and RCSA) for CIB UK.
• Assist UKFS and Business colleagues to interpret the results of the Group RAs and to developing an appropriate risk mitigation plan for CIB UK.
• Provide proactive and constructive support to Group & CIB teams to enhance the methodology of the Global FS RAs.
• Work with wider Compliance and Risk colleagues to ensure coordination with other RA work (e.g. Operational Risk, Compliance Risks etc).
• Ensure that training is delivered to UKFS SMEs in relation to the Group risk assessment methodology and tools.
• Co-ordinate the Group Financial Security risk assessment check and challenge that must be undertaken by UKFS, ensuring that SMEs have access to key information to enable this to be performed effectively (e.g. known gaps, HIs etc.).

Historical Incidents:

• Create and oversee a UK Financial Security Historical Incident (HI) framework.
• Act as UKFS Single Point of Contact (SPOC) for HIs.
• Oversee the monitoring and reporting of UK Financial Security related HIs.

Customer, Product and Sector risk assessment:

• Act as UKFS Single Point of Contact (SPOC) for the Group owned Customer, Product and Sector risk assessment, ensuring that any UK requirements are fed into Group and changes are cascaded across CIB UK.

UKFS Governance and coordination of UKFS programme

• Contribute towards the production of regular Management Information and Committee packs.
• Contribute towards the production of an annual Money Laundering Reporting Officer Report.

Requirements

• Professionally qualified preferred Compliance professional with experience in a financial crime environment in a UK FCA regulated firm
• Expert level of knowledge in anti-money laundering, counter terrorist financing, counter proliferation financing, financial sanctions, anti-bribery and corruption and Anti-facilitation of tax evasion systems and controls.
• Professional experience in a Compliance financial security risk assessment role in the financial services sector, ideally in a UK FCA regulated banking organisation.
• Strong track record in designing and building Financial Security risk assessment methodologies and tools.
• Good working knowledge of UK financial crime legislation, regulations and industry best practice.
• Excellent analytical skills with the ability to translate technical concepts and provide specialist guidance and advice to others.
• Proven ability to make informed assessments and provide recommendations for improvements in policies and procedures.
• Proven communication and relationship management skills.
• Strong computer skills and a good knowledge of common software e.g. Microsoft Office. Experience using 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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