General Information
Description
Business Overview:
Network Clearing North America is a specialized unit within the USD Clearing & Payments Strategic Activity that manages the USD and CAD Payments and Clearing Business for BNP Paribas Group entities worldwide, as well as the related Product and Network Management requirements. The department’s specific missions are:
- Overall Business Relationship Management for the individual BNPP Group entities that maintain USD and CAD Loro account relationships, including P&L responsibility, KYC, applicable Risk and overall Service Level Satisfaction
- Service Product Management, coordinate with major business lines such as Cash Management Competency Center, ALM, Domestic Markets, International Retail, and Securities Services to support their USD Clearing and Payments requirements.
- Network (Nostro) Account management for the Americas Region
- Client, Business Data Management and Administrative aspects to maintain the service structure required.
Candidate SuccessFactors:
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.
Responsibilities:
The Position’s responsibilities are:
- Act in the capacity of Relationship Manager for a defined portfolio of client relationships to include portfolio P&L, KYC, applicable Risk, and Service Level Management
- Serves as main contact point for the network and help resolve all issues related to the USD/CAD clearing business
- Complete onsite/virtual compliance/commercial visits to those branches/affiliates, acting for US and CA.
- Support the NCNA team for:
- Client Data Administration
- Product Management
- Network Administration
- Business and Profitability Administration
- Administer NCNA transversal requirements including T&C review, client lists, management reporting,, credit limits, and various ad hoc requirements
Minimum Required Qualifications:
- The successful candidate will have completed:
- College Level Business or Financial Administration Degree or demonstrated strong interest in Business and Finance
- Five years experience in Financial Services within Transaction Banking, Correspondent Banking, Financial Institutions Coverage, Payment Operations and/or Cash Management Product within a major bank active in USD Clearing.
- Strong familiarity with and embrace of banking compliance and ethics
- Self-disciplined and motivated
- Competency in all office suite applications
- Ability to effectively work remotely when needed with a high degree of self-discipline and essential skills for remote working
- Oral and written fluency in English and French is a plus
- Good Team Worker
- Ability and willingness to undertake extended international business travel (conditions permitting)
Preferred Qualifications:
- The ideal candidate will also have:
- Strong knowledge of wholesale payment product services and applications
- Relevant experience in wholesale customer service requirements
- Relevant experience in Banking Compliance
- Significant experience in international residency, studies, or travel
- Excellent sales, negotiation and presentation skills
- Good competency in one or two more major foreign languages where BNPP has a significant footprint, e.g. Chinese (Mandarin or Cantonese), Arabic, Spanish, German, Italian, or Portuguese.
FINRA Registrations Required:
- Not Applicable
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
- Not Applicable
SECSecurity-Based Swap Dealer Associated Person:
- Not Applicable
The expected starting salary range for this position is between $120,000 to $160,000 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.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time-off. Additional details about our benefits offerings, inclusive of eligibility or a discretionary bonus, will be provided during the hiring process.
This application will remain open until a candidate has been selected for the role. There is no specific application timeline.
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 65countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. 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.
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/
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.