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Assistant Vice President – Compliance Independent Testing: Drive rigorous testing of first‑ and second‑line controls across market integrity, client‑interest protection, and more.
Based in Mumbai, India, this senior role demands deep expertise in compliance, regulatory analysis, and advanced Excel/PowerPoint skills.
Job Title
Compliance Independent Testing – Assistant Vice President
Department
India CoE Compliance Hub
About Business line/Function
India CoE Compliance Hub enables safeguarding the Group’s reputation and mitigating the risks across all business lines by supporting the Compliance functions globally. Currently, the India CoE Hub is structured into divisions aligned with the areas they serve, offering services for Group Compliance COO TOP, trade surveillance, electronic communications monitoring, transversal risk management, personal account dealing, MIS, and project support. The team collaborates closely with business partners worldwide
Position Purpose
Independent testing of first‑ and second‑line defenses, in line with internal control procedures and regulations, across compliance domains
Direct Responsibilities
- Conduct independent testing of first‑and second‑line defenses, in line with internal control procedures and regulations, across compliance domains such as Professional Ethics, Market Integrity, Client‑Interest Protection, Banking Structural Reforms, and Fiscal Laws.
- Perform compliance testing of processes, policies, procedures, and control under the team manager’s direction to evaluate adherence to regulatory mandates and internal firm policies.
- Execute, formalize and report on assigned tasks and controls within control testing responsibility.
- Thoroughly review all supporting evidence gathered from 1LoD/ local compliance teams to conduct effective control testing.
- Escalate identified weaknesses to the team manager for discussion and, if needed, further investigation.
- Draft and validate issues and recommendations addressing the root cause of the issues with stakeholders.
- Ensure that every finding and recommendation is recorded in the designated tracking system, conduct periodic follow‑ups with stakeholders on open issues, and review/validate closure evidence to confirm proper resolution.
- Adhere strictly to control execution timelines to prevent reporting delays.
- Work closely with your on‑shore counterpart and give real‑time updates on control‑testing progress.
- Assist with the preparation of monthly/quarterly reports and related metrics.
- Assist line manager in overseeing ISPL‑level activities.
- Act as a point of contact in the manager’s absence, making decisions within delegated authority.
Contributing Responsibilities
- o Adhere to BNP Paribas Group procedures, applicable policies, regulations and industry best practices.
- o Collaborate closely with team members and relevant stakeholders.
- Coach, mentor, and train employees on policies, procedures, and best practices.
- o Remain supportive and adaptable to procedural changes and evolving scopes of work.
Technical & Behavioral Competencies
- o Minimum 12 years of experience in a financial‑services firm or self‑regulatory organization, specializing in compliance monitoring/testing, internal audit, or a related regulatory role.
- o Solid understanding of capital‑markets and investment‑banking activities, plus the regulatory framework that governs them.
- o Strong analytical and organizational skills, effective project‑management capabilities, and meticulous attention to detail.
- o Proven problem‑solving, critical‑thinking, investigative and root‑cause analysis abilities.
- o Excellent execution skills with a track record of meeting tight deadlines.
- o Collaborative team player who works well across the Compliance function.
- o Outstanding interpersonal and communication skills
- o High ethical standards and integrity.
- o Flexible and able to adapt quickly to evolving environments.
Specific Qualifications
- o Bachelor’s degree or higher from an accredited university
- o Audit experience or qualifications in finance/accounting
- o Familiarity with compliance domains such as Market Integrity, Financial Security, and Professional Ethics
- o ICA or ACAMS‑equivalent certification (preferred)
Technical Skills
- Basic knowledge on AI
- Advanced computer proficiency: MS Excel (including macros), Word, PowerPoint; familiarity with Power BI is a plus.
Behavioral Skills
- Strong collaborative and teamwork abilities
- Meticulous attention to detail and a rigorous approach
- Sound decision‑making capabilities
- Excellent oral and written communication skills
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 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, the Group 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. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast‑growing business in Asia‑Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.
About BNP Paribas India Solutions
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best‑in‑class solutions.
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.