Analyst – Regulatory Relations
Business Overview:
Supervisory Relations is one of three connected teams within the Regulatory Strategy & Policy function for BNPP’s Intermediate Holding Company (“IHC”) and Wholesale operations in the U.S.* Supervisory Relations acts as a liaison with the bank’s U.S. regulators to promote effective relationships and to ensure a considered and consistent approach to regulatory interactions. Supervisory Relations coordinates regulatory engagements, oversees regulatory exams and reviews, and supports management in identifying and responding to key themes in supervisory activities. The Supervisory Relations team works closely with other teams within Regulatory Strategy & Policy, and with executive management, business lines, and control functions (including Compliance, Finance, Risk and Legal).
*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
- Supports peers and team
- Demonstrates good judgement when making decisions
- Seeks guidance and support for complex decision making
- Able to recognize what actions have meaningful effect on team or department
- Leadership and Collaboration
- Creates trust with department leaders
- Collaborative approach to large projects, processes, or programs for a team
- Client, Customer and Stakeholder Focus
- Able to build relationships with a mix of junior, intermediate, and senior colleagues or clients
- Comfortable in interactions with management and department leaders
- 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
Responsibilities:
BNPP seeks an Analyst level individual to join the Supervisory Relations team in supporting and managing regulatory interactions with BNPP’s U.S. prudential and capital markets regulators. Key responsibilities of the Regulatory Relations role include:
- Support Supervisory Relations team members who are coordinating interactions with BNPP’s U.S. prudential and capital market regulators.
- Assist with the coordination of regulatory examinations and inquiries, which includes tracking deliverables, identifying action items, and making submissions on time.
- Organize meetings between BNPP subject matter experts and regulators, record key issues and outcomes, and track that regulatory expectations are addressed promptly.
- Help to synthesize regulatory feedback and provide ongoing analysis to management of supervisory issues related to coverage areas.
- Assist with the preparation of presentations and Committee materials.
- Work closely with relevant parties within the firm regarding regulatory findings/close-out letters.
- Partner with key stakeholders with a view to improving future engagements.
Minimum Required Qualifications:
- 2 to 4 years of relevant industry experience.
- Excellent analytical, verbal and written communication skills.
- Strong project management skills; proficiency in Excel and PowerPoint.
- Familiarity with financial markets.
- Attention to detail and ability to manage multiple and changing priorities in a timely manner.
- Ability to work both independently and collaboratively with members of the management team and other colleagues across the bank.
Preferred Qualifications:
- Experience working with regulators or regulatory requirements, preferably in a bank or financial services setting.
FINRA Registrations Required:
- Not Applicable
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
- Not Applicable
SEC Security-Based Swap Dealer Associated Person:
- Not Applicable
The expected starting salary range for this position in New York is between $70,000 to $95,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
About BNP Paribas:
In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business.
BNP Paribas’ Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services. As the asset management arm of BNP Paribas, BNP Paribas Asset Management offers high value-added solutions to individual savers, companies, and institutional investors.
The bank employs nearly 14,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The Bank offers a comprehensive range of banking, investment and financial services solutions through three main fields of activity: Retail Banking for the Bank’s retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, BNP Paribas helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.
We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/