Position Purpose

To manage the correspondent banking APAC business and setup in support of business lines such as Cash Management, and in line with global / local regulations and guidelines

Responsibilities

Direct Responsibilities 

1. RMA keys ▪ Coordinate with the different stakeholders the opening, management & closing of RMA keys for BNPP Legal entities in APAC ▪ Follow‐up of the opening and closing of RMA keys for APAC ▪ Actively manage sensitive RMA keys, particularly with regard to Pn countries and GFS red/orange list 

2. Loro Management ▪ Onboard BNPP branches and subsidiaries that need to open a loro account ﴾SAA, KYC, Client Approval Committee﴿ ▪ Provide technico‐commercial support for BNP Paribas branches & subsidiaries holding a clearing account with a legal entity in APAC ▪ Follow up through a monthly dashboard the opening and closing of loro accounts for APAC ▪ Ensure that no loro accounts are opened for third party banks ▪ Perform transaction monitoring according to the APAC Loro procedure. 

3. Nostro Management ▪ Optimize the number of Nostro accounts by closing the unused ones, replaced by FeasyX or opened with BNPP entities when possible ▪ Review and approve Nostro opening requests for APAC entities ▪ Follow up through a monthly dashboard the opening and closing of nostro accounts for APAC ▪ Participate actively to the RFPs processes handled by Network Management team ﴾provide Business requirements, assess impact when change of clearer for APAC etc…﴿ 

4. Clearing services ﴾HKD, RMB, INR and JPY﴿ ▪ Define future product development plans and translate into Business Requirements in terms of COT, service etc… APAC Job Description Template - October 2016 ▪ Coordinate and manage ongoing discussions with ITO on the model for Asian currencies clearing offer ▪ Insure that an appropriate pricing is in place in line with the market ▪ Support branch requests for enhancements ▪ Follow Regulatory changes and provide market information to BNPP network ﴾pricing, cut-off times, and process﴿. 

5. Participation to KYC on boarding and SG KYC extension ▪ Participate actively in recertification, on boarding & follow up of KYC in conjunction with DD team. In particular, manage a dashboard for SCBO-ship pipeline for TBG related KYC renewals 6. Transversal mission ▪ Actively Participate to transversal missions at Transaction Banking APAC level in connection with Data reporting, Data monitoring, business intelligence or any other relevant topics.

Technical & Behavioral Competencies

On top of the Technical skills , Candidate key skills must show: Meticulous approach Capacity of organization and autonomy. Positive attitude and stress tolerance 

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information

BNP Paribas - Diversity & Inclusion Journey

BNP Paribas - The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year