Compliance Auditor

Job Responsibility:

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

The position at a glance

In accordance with section 165 of the Dodd-Frank Act (DFA), BNP Paribas has established an Intermediate Holding Company (IHC) over its US subsidiaries. Furthermore, BNP Paribas has set up a Combined US Operations (CUSO) and IHC governance framework to support capital, liquidity risk management, regulatory reporting, and compliance risk management.

Inspection Générale North America (IGNA) Hub is part of BNP Paribas' global Internal Audit group (Inspection Générale or “IG”) which is staffed by highly qualified individuals who perform risk-based reviews to provide reasonable assurance to senior management on the adequacy of internal controls and recommend control and efficiency improvements

In line with the Federal Reserve Bank's expectations, IGNA has built a Compliance team to evaluate the bank's compliance risk management practices, including requirements from Federal Reserve Supervision and Regulation Letter SR 08-8 Compliance Risk Management Programs and Oversight at Large Banking Organizations with Complex Compliance Profiles.

• Physical presence in BNPP's office(s) is an essential function of this position. BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion. This role will be hybrid, consisting of an in office and remote working component.

Candidate Success Factors:

Candidates to be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

Results and Impact Impacts division and influences peers and team Demonstrates good judgement when making decisions of high complexity and impact Relies on limited guidance for most complex decision making Is responsible for driving outcomes which have meaningful effect on team or department Leadership and Collaboration Creates trust with department leaders Acts in leadership capacity for large projects, processes, or programs for a team Client, Customer and Stakeholder Focus Able to build relationships with a mix of intermediate and senior colleagues or clients Interacts regularly with management and department leaders Demonstrates the ability to persuade and 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

In detail

The Compliance Auditor will play a key role in supporting the internal audit team to independently assess the effectiveness of the governance framework that supports compliance risk management.

A strong background in compliance risk management, conduct compliance, or market activities auditing or consulting for Financial Services is a key requirement for this position. Specific Responsibilities include:

Conduct multiple, complex, concurrent audit assignments. Responsible for the related audit scoping, planning, evaluating, reporting. Write audit reports with value added recommendations. Understand and assess the underlying risk applicable to the area of audit responsibilities through continuous monitoring activities. Manage time and priorities while conducting audits. Review and prepare risk assessments for Audit Units. Develop and maintain relationships with heads/managers of business lines and functions as part of the continuous risk monitoring activities. Validate the adequacy and appropriateness of remediation or resolution plans to address regulatory and internal audit recommendations. Deliver clear presentations to Senior Management and IG management. Keep abreast of the evolution of auditing standards and key regulations covering compliance risk management and operational risk. Adopt and promote strong ethical values. Participate in various committees as assigned to provide reports and information on current/emerging business issues to top management.

Work conditions: This position provides for standard working conditions in an office and a normal work schedule from Monday to Friday.

The strengths and skills that will help you succeed

MINIMUM REQUIRED QUALIFICATIONS:

Bachelor's degree in applicable and related field (Accounting and/or Finance preferred). 6 years of Audit and/or Risk experience with compliance risk management in the banking industry. Strong understanding of compliance risk management concepts and related regulatory expectations. Solid understanding of the relevant risks and controls in market activities areas such as Trading, Origination, Distribution, Sales, Order Management and Trade Execution, Risk Management, and Operations. Excellent verbal and written communication skills to interact effectively with the different stakeholders and regulators. Ability to work in a team, liaise with other bank departments and adapt to new situations and approaches. Strong working knowledge of the Securities Exchange Act of 1933 and 1934, FINRA, NYSE, listed options and equities exchange rules, Commodity Exchange Act and futures exchange rules

PREFERRED QUALIFICATIONS:

Master's degree. Licenses and certifications such as FRM and CPA. Experience is Banking Risk Management improvement or remediation projects. Strong knowledge of financial products, capital markets, banking industry and the related risks. Direct auditing experience in one or more of the areas: Capital Markets, Equity/Fixed Income, Sales and Trading, Derivatives/Futures. Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of French and English is required.

What's in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements are available for most positions. In-office presence is required a minimum of 3 days per week, one of which must be on a Monday and/or a Friday. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits, click here (Opens in a new tab)

What you need to know

We will review candidates as they apply, so don't wait to submit your application; BNP Paribas is committed to accessibility and inclusion. During the recruitment process, accommodation needs are available at all times for candidates. You will have the chance to make a request for an accommodation during your application. You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas' office(s) is an essential function of this position; If you are applying and accepted to a position which requires working in/for the U.S. securities industry, you will be required to provide your fingerprints and undergo additional background checks by the FBI. BNP Paribas Securities Corporation is required to maintain a supervisory program over the conduct of its Associated Persons; some of your personal data will be transmitted to the United States of America and made available to US regulators. Please reach out to BNPP for additional information; or you can also find an overview here: 3110. Supervision FINRA.org (Opens in a new tab)

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments, click here (Opens in a new tab)

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas' mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

Montreal's Top Employers 2024 Canada's Best Diversity Employers 2024 Women in Governance - Parity certified - Platinum certification Pride at Work Canada Rainbow Accreditation issued by Canada's LGBT+ Chamber of Commerce (CGLCC) Part of Les Affaires top 300 companies in Quebec Synclusiv Ready, Willing and Able Autisme sans Limites LinkedIn Top Companies 2024

Do you want to discover other BNP Paribas offers in Canada?

Click here: BNP Paribas in Canada Our job offers (Opens in a new tab)

*** While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted***