Principal Auditor (Markets Compliance)

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 68 countries, with more than 193,000 employees, including around 148,000 in Europe. The Group has key positions in its three main operating divisions: Retail Banking, Investment & Protection Services and Corporate & Institutional Banking (CIB) which serves two client franchises: corporate clients and institutional investors. CIB is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

Business Area / Department Overview

Within Inspection Generale (IG), you will operate as a member of the Hub UK, which is a geographical Hub, covering all activities in the UK, and in close cooperation with the Hub Paris CIB, Ireland, Middle East & Africa.

The Hub UK has five audit teams (around 61 auditors). These teams are split by business activity covering all activities within their area of responsibility. Each team is headed by a Deputy Head of Hub reporting to the Head of Hub who, in turn, reports to a Deputy Head of IG.

The Hub’s remit is to provide audit services to the Businesses, Operations and Functions in close liaison with Senior Management and Head Office entities. The main focus is to help the organisation accomplish its objectives by bringing a systematic approach to evaluate and improve the effectiveness of the governance, risk management, and internal control processes.

The Audit Hub provides employees with an excellent grounding in all aspects of the business, and regular interaction with Management enables strong relationships to be built, allowing a robust understanding in all aspects of the businesses.

Inspection Generale is recognised internally as a key talent pool within the BNP Paribas Group. Having performed successfully in this role, the individual will have the benefit of a broad range of career opportunities within the Group – both within Internal Audit and wider business lines/functions; in the UK and abroad. A comprehensive training programme is in place to ensure continued professional development.

Purpose & Scope of Role

As a Principal Auditor in the Hub’s Compliance & Financial Security Audit team (approximately 9 auditors), you will have responsibility for performing risk-based audit reviews as part of a team, focusing on regulatory, markets conduct, compliance and financial security risks, and for recommending solutions to identified issues and weaknesses.

You will complement the existing skillset within the audit team by means of contributing knowledge (including but not restricted to knowledge of relevant regulations, activities and products) grounded in practical business experience.

Key Responsibilities Of Role

• Specific responsibilities associated with this role include:
• Participation in audit assignments as a member of an audit team with responsibilities to include:
• Ensuring the timely performance of his or her parts of the assignment whilst having regard to the main risks detailed in the Risk and Related Control Matrix.
• Ensuring that the Head of Assignment is kept updated with the progress of the assignment on a continuous basis.
• Preparation of summaries and conclusions to the phases of the assignment under his or her responsibility for review and approval by the Head of Assignment and lead the presentation of these to the relevant auditees.
• Input of all missions and associated documentation to the required Hub and IG standard into the Hub audit drive and UNIK.
• Willingness to travel if necessary (mainly UK, Channel Islands and Paris)
• To assist the Deputy Head of Hub in performing other audit related tasks such as the annual risk assessment, requests for audit recommendation closure etc.
• Perform or participate in ad-hoc projects and investigations including Quality Assurance Reviews, Regulatory assignments and follow up of IG missions; non-lead role in detailed investigation of incidents (Special Assignment status).
• Contribute to the maintenance and development of the Internal Audit department, in particular the tools and techniques used.

Essential Competencies

Experience, Qualifications & Competencies

• Ability to collaborate and work in a team;
• Resilience;
• Good drive: motivated and proactive;
• Thorough and organised with an ability to prioritise and work under time-pressure;
• Strong analytical skills: including ability to understand quickly the critical steps in a process, synthesise and process complex information and identify and understand the related risks of various natures, including use of data;
• Good control mindset;
• Strong communication skills: ability to listen, clear verbal and written communication;
• Strong English language skills, with French proficiency being a plus;
• Strong and evidenced interest in regulation/compliance;
• Willingness to travel (mainly UK and Paris).

Essential Experience

• Strong compliance skillset gained within regulatory / compliance / legal / audit functions within financial services and markets activities and evidenced knowledge of UK, French and EU regulations related to 1 or more of the business lines this role supports.
• Knowledge of markets activity gained within a role which interacts with the front office;

Preferred Qualifications

• Academic background in Finance / Banking and/or
• Legal background
• IIA certification or CISI diploma in investment compliance and/or
• Professional accountancy qualification

Primary Location

GB-ENG-London

Job Type

Standard / Permanent

Job

PERIODIC CONTROL

Education Level

Not indicated

Schedule

Full-time