Assistant Manager - Compliance Independent Testing Officer

Job description

**Job Title:** Compliance Independent Testing Officer (Assistant Manager) **Department** : India Compliance COE **About Business line/Function:** Compliance **Position Purpose:** India Compliance COE is focused to protect the reputation of the Group and effectively manage risk across all business areas by providing support to various Compliance functions. At present the department is broadly organized into divisions which embed into the areas they support to provide services for Global Compliance Training, Capital Markets Surveillance, Electronic Communication Surveillance, Transversal Risk Management (TRM), Compliance Migrations Co-Ordination, Personal Account Dealing, MIS and Projects support. The team works closely with business partners in CIB and the wider group. **Responsibilities** Direct Responsibilities The person will be a part of the Transversal Risk Management (TRM) team reporting to Compliance Independent Testing management and ensure regional coverage of testing and monitoring activities for BNP Paribas - Execute independent testing on the first and second lines of defense as defined by internal control procedures and regulations - Independently and accurately perform assigned reviews and monitoring tasks under the supervision of a Manager within CIT in order to assess compliance with legal, regulatory and internal firm policy requirements - Conduct compliance testing of regulatory requirements, processes, policies, procedures, and controls under the direction of CIT Managers in order to assess and review compliance with legal, regulatory and internal firm policy and procedure requirements. - Execute, formalize and report on assigned tasks and direct controls within CIT responsibility. - Escalate weaknesses identified to CIT Managers for discussion and further investigation if deemed necessary. - Draft and validate issues and recommendations addressing the root cause of the issues with stakeholders. - Ensure that all findings and recommendations are entered into the appropriate tool for tracking purposes, perform periodic follow-up with stakeholders of open issues and review/validate submitted closure evidence to ensure proper resolution. - Enhance, deliver, and support the annual CIT Plan, ensuring coverage for existing Firm standards, new regulations, changes to existing regulations, and any audit or exam findings. - Achieve objectives within strict time constraints. Contributing Responsibilities - In the spirit of continuous improvement, assist with the identification of potential enhancements to the CIT process, tools, reporting and analytics and provide suggestions on how to improve, add to, or streamline current practices in the firm. - Mentor junior analysts/associate‑level testers; review their work for quality and compliance. - Assist the team manager with tasks which may include assisting in testing reviews, preparing materials, organizing meetings, and taking minutes. - Respond timely to internal or external requests for information and analysis. - Assist with related Compliance monitoring activities as needed. - Promote a compliance culture within the firm which supposes also to update knowledge on a regular basis. - Conduct knowledge‑sharing sessions, workshops and on‑the‑job training - Foster a culture of continuous improvement and proactive risk awareness - Participate in piloting new technologies that increase testing efficiency and data coverage. **Technical & Behavioral Competencies** - Excellent IT and excel skills - Excellent communication and project management skills - Familiarity with Compliance Market Integrity, Client interest protection, Professional ethics topics to understand the reporting and testing needs of the team - Team player with interpersonal and teamwork skills - Self-confidence, ability to stand their ground when required - Flexibility and adaptability to work on different topics **Specific Qualifications** - Bachelor's degree or higher from an accredited institution - Compliance, Audit, risk Management experience or qualifications in finance. **Skills Referential (Required Knowledge, Skills And Abilities)** - Minimum 5 to 8 years’ experience working for a financial services firm and/or self-regulatory organization in a Compliance Monitoring/Testing, Internal Audit or regulatory related position. - Working knowledge of capital markets and investment banking activities and regulatory requirements governing those activities. - Strong analytical, organizational abilities, project management skills and attention to detail. - Problem solving, critical thinking, investigative and root cause identification skills. - Advanced computer skills including MS Excel (including macros), Word, and PowerPoint; Power BI is a plus. - Excellent execution skills with the ability to work successfully under demanding deadlines. - Team player with ability to work collaboratively across Compliance. - Excellent interpersonal and communication skills with the ability to interact effectively with front and back-office staff, senior management, and the regions. - High ethical standards. - Flexibility to adapt to a new and changing environment. **Technical Skills** - Basic knowledge on AI and python preferred **Behavioral Skills** - Ability to collaborate / Teamwork - Attention to detail / rigor - Decision Making - Communication skills - oral & written **Education Level:** Bachelor Degree or equivalent **Location:** Mumbai **About BNP Paribas Group** BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Serv