What is this position about?
• The job
purpose of the Chief Administrative Officer (CAO) role for Securities Services
Singapore is to report and partner directly with the Head of Location for
Securities Services Singapore providing value added support, governance,
strategy, Conduct and control.
• The CAO
has direct responsibility for Conduct and Control, Transversal (including
management support) & regulatory projects
What would be your typical day at BNPP Paribas look like?
Operational Permanent Control
• Provides
specialized services and expertise on technical areas such as Operational Risk,
Permanent Control and BCP.
• Works
closely with the heads of the business and various leadership teams providing
technical advice and support to correctly assess and mitigate operational risks
and improve quality.
• Coordinate
and manage the OPC team and represent Securities Services SG to relevant
governance committees (Territory Internal Control Committee, Securities
Services APAC Permanent Control Committee…).,
• Implement
the BNPP group operational permanent control framework and methodology,
• Prepares
and submits regular reporting to the Head of Location and to Securities
Services OPC function, raises alerts on a real time basis if necessary,
• Assists
internal and external auditors in relation to their inspections.
Outsourcing Governance Coordination
• Responsible
for the proper implementation of the Securities Services/ CIB Outsourcing
Policies and guidelines, considering local regulatory requirements.
• He/she
is responsible for the oversight of the outsourcing function for the business
line making sure that the implementation of the Securities Services Global Outsourcing
• Responsible
for all BCM/ BCP topics and part of the Crisis Management team within BNPP
Singapore (as Securities Services representative).
• General
Data Protection Regulation (GDPR): The Chief Administrative officer will act as
the GDPR SPOC for the location (or will delegate to one of his/ her team member
if applicable).
• Record
Management: Ultimate responsible for the adequate rollout of the Group/ CIB
Record Management policies and guidelines.
Conduct
• Coordinate
& manage Conduct topics for Securities Services Singapore
• Sponsor
and promote Control & Conduct frameworks and projects
• Ensure
Conduct governance is fully operational, as per standard guidelines: Conduct is
a standard item at the agenda of management or team meetings, Conduct dilemma
are well managed and documented, the escalation process is in place, Conduct
responsibilities are delegated throughout the perimeter in charge.
• Be aware
of the Conduct risks arising in the perimeter in charge and make sure that
appropriate mitigating processes and controls are in place.
• Develop
understanding of Conduct principles by ensuring staff participation to
awareness & training sessions.
Coordination of functions mutualized at the BNPP Singapore
Territory level
Develop a closer coordination with certain key mutualized
functions, such as but not limited to Finance, Human Resources, Compliance and
Legal (with exclusion of IT), in order to:
• Improve
communication in relation to Securities Services SG needs and expectations,
• Increase
visibility on the services received,
• Address
any potential gap identified,
• Improve
collaboration.
• Analyses
the possibility and economic interest of the mutualization of additional tasks.
Oversight of Finance related tasks
• Become
and act as a finance partner vis-à-vis internal Securities Services Singapore
stakeholders and local (or regional Management).
• Implement,
lead, and maintain an adequate local governance related to the reporting of
Securities Services Singapore financials (committees’ implementation/ roles and
responsibilities definition).
• Help
optimizing the reporting and monitoring of the revenues within Securities
Services Singapore while applying a strict control over our direct costs and
challenging the indirect costs charged to the location (especially recharges
from Group and Functions).
• Escalate
in a timely manner any financial one-off with significant impact over our
P&L, ensuring the local Management team as a deep understanding of the main
variations of our financials.
Transversal
• Sponsors
transversal projects related to areas under his/her responsibility, ensures
that such projects dispose of appropriate resources and that their objectives
are met within the defined deadlines and budgets.
• Provide
management support to the Head of location over the transversal topics.
• Oversight
of business management team
What is required for you to succeed?
• Knowledge
of risk management concepts and methodologies
• Knowledge
of financial reporting and accounting principles
• Knowledge
of auditing principles
• Analytical
skills: ability to collect and handle a significant volume of information, then
to interpret them with professional skepticism
• Excellent
written and oral communication skills
Required education/certification/licenses
• Minimum
10 years of experience in Audit of financial institutions, and/or Head of
Operational Permanent Control in a BNP Paribas group entity, and/or Operations
in Securities Services industry, in a role related to risk monitoring
• Finance
related background
• Management
or supervisory experience
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.
Securities Services is a leading global custodian and
securities services provider backed by the strength of an integrated bank. It
provides multi asset post trade and asset servicing solutions for institutional
participants in the investment cycle, from the buy-side and sell-side to
corporates and issuers. It has offices in six locations in Asia Pacific:
Singapore, India (Mumbai and Chennai), Hong Kong, China, Australia and New
Zealand.
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