Position Purpose

The Compliance function lies at the heart of BNP Paribas’ risk management. One of the pillars of the Group’s internal control setup, Compliance teams work both independently and in close partnership with the Business to adapt to the evolution of the Group’s activities and to the requirements of the regulators. 

Compliance teams contribute to maintaining the reputation of BNP Paribas and the trust of our clients, thanks to their strong control of non-compliance risks, allowing everyone to work with confidence.

The Compliance Officer is a member of the BNP Paribas Seoul Branch Compliance platform and shall contribute to a solid partnership between Compliance and the Business. 

He/she shall protect the Group on existing and emerging Compliance risks, participating to supervisory engagement and risk management to ensure adherence to regulatory expectations. 

The Compliance officer shall contribute on three key areas: Market Integrity domain, Global Markets Compliance, and cross-functional regulatory topics (regulatory office).

Responsibilities

Market Integrity Domain and Global Markets Compliance responsibilities

•    Provide Business and Compliance stakeholders with Compliance advisory and guidance on Global Markets and Market Integrity matters for the Branch

•    Contribute to the supervision of Compliance risks & control framework within the scope of expertise and responsibility 

•    Perform the following monitoring & review activities: 

• Analyse Actimize Market Abuse Alerts
• Review Marketer’s Contribution Alerts
• Monitor Off-Market Price Transactions
• Monitor E-Comm and Voice Surveillance

•    Perform Actimize Market Abuse UAT testing and monitoring (dashboard)

•    Perform Semi-Annual OTC Derivatives Self-Risk Assessment

Local Regulatory related responsibilities

•    Provide transversal regulatory watch and monitoring of regulatory evolutions that have an impact on the business or on operations within the Territory and follow the general principles (the “Regulatory Watch Best Practices”) of the regulatory watch process. These include but are not limited to: 

• Identification (and update where needed) of appropriate regulatory watch sources; 
• Ensure proper execution of a process for regular monitoring of such sources; 
• Communication on relevant regulatory watch developments to all necessary stakeholders.

•    Local Compliance Regulatory Office acts as local text identification leader for Compliance and can be assisted by potential contributors (local or regional – such as Regional Compliance domains), who can contribute to high level impact assessment and determination of concerned operating entities.  

•    Local Compliance Regulatory Office prepares Territory Compliance Committees (“TCC”) or Cross function committees to cover key regulatory watch topics and to decide on appropriate measures to be taken (e.g. launch of regulatory projects) and monitored.

•    Ensure management of local Compliance procedures 

•    Follow up FSS publications via EDES and email

Secondary Responsibilities

Perform backup duties as required and documented in the department.

Technical and Behavioral Competencies required

• Fluent in Korean and English;
• Strong understanding of the Korean regulatory landscape;
• Capacity to build working relationships with relevant regulatory bodies;
• Project Management Skill such as transposing new regulatory requirements into local procedure and processes

Experience and Qualifications required

• Hands-on experience over 15 years, of which at least 10 years in Compliance, primarily in Global Markets Compliance

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

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