Vista previa generada por IA
Senior Regulatory Risk Control Officer in Lisbon, overseeing US regulatory change workflow and governance across Global Markets.
Lead regulatory risk governance, manage committees, assess impacts, drive compliance and ensure robust control frameworks.
About the job
In the context of new incoming regulations and CIB Management’s ambition for a strong governance & control framework, the position primarily focuses on the oversight of the Regulatory Risk but participation to other areas (Conduct or Operational Risk) may be also contemplated.
The primary responsibility of the GM RPC Officer focusing on regulatory risks is to establish, deploy and run the Governance & Control Frameworks specifically called by any regulation impacting Global Markets Front-Office or required by the Bank’s supervisors.
Your Main Activities Are
- This position will have a specific focus on US regulatory-change workflow (RICM process). The RPC officer will be in charge of the continuing improving the recent implemented governance ensuring full adherence of Global Markets to all applicable regulation and responsible to deploy the relevant oversight in term of Risk Identification & Assessment, Control framework, Policies & Procedures, Training & Awareness.
- Coordinating all committees that ensure continuous adherence to the laws and notably in charge of reviewing regulatory-related control results and performance indicators, ensuring escalation of potential breaches, following-up of required remedial actions and analyzing impact of change of the regulation
- Participating to the design of any regulatory-related 1st level controls plan
- Interacting with all relevant partners & functions to identify potential area of concern and reinforce the Bank’s setup by designing ad-hoc remediation plans or implementing IG / Supervisor recommendations having a specific regulatory focus
- Promoting awareness of laws applicable to GM Front-Officers
- Supporting the Business in mandatory certification programs
- Acting as a Single Point of Contact within GM RPC for all regulatory topics to be addressed as part of the BAU team’s mandate
- Ensuring record-keeping and audit trail of all decisions and supporting documentation in relation to the regulatory governances
- Coordinating any Group or CIB Regulatory initiative impacting GM incl. the cascading of relevant policies
SPOC for US Regulatory‑Change Workflow (RICM Process):
Serve as the single point of contact for all US regulatory changes received through the Regulatory Impact Change Management (RICM) platform
Receive, classify and route each change to the appropriate GM stakeholder
Lead the impact‑analysis, gap‑assessment and escalation process, feeding results into GM risk‑management, remediation‑plan and senior‑management reporting
Monitor new US regulatory developments and enforcement actions; ensure timely creation, implementation and robustness review of action plans or SIAPs
Coordinate with regional partners to assess any required cross‑border support
Committee / Governance Management – Swap‑Dealer Focus:
Support the US‑based Swap Dealer Regulations Committee
Organize quarterly and ad‑hoc committee meetings, prepare agendas, circulate minutes and track action items to closure
Assist in the design and delivery of training & awareness programs for Swap‑Dealer Authorized Persons (APs)
Contribute to the Risk & Control Self‑Assessment (RCSA) on swap‑dealer topics, ensuring documentation of controls, residual risk and remediation status
Trading‑Venue Governance:
Partner with senior resource (e.g., Greg Cordani) to replicate the EMEA trading‑venue governance model across the US and other jurisdictions
Provide oversight of venue‑specific policies, monitoring, and compliance reporting, ensuring alignment with global GM standards
Regulatory‑Controls Escalations:
Act as the escalation point for complex regulatory‑control issues raised by ITO‑T&PC, Compliance or Front‑Office teams
Manage 15a‑6 US‑visit escalations when staff contest a breach assigned by Compliance; document the dispute, analyse grey‑areas and recommend policy updates
Maintain a comprehensive record‑keeping and audit‑trail of all escalated cases, decisions and supporting documentation
Profile and Skills to Success
2 to 5 year-experience in a similar control function (Consultant, Audit, Risk, Operational Control, Compliance, or banking industry) or another risk-focused team
Previous position in a regulatory project implementation team or regulation-dedicated control team would be a significant asset
Good understanding of Global Markets and familiarity with US regulatory regimes
Working experience abroad would be appreciated to interact with other regions
Working hours: Core European hours with required overlap to US business hours for committee work and urgent regulatory updates
Good awareness of fundamental risk concepts
High ethical standards
Tact and ability to interact with partners, functions, and Management
Ability to work as part of a team will also be expected to prove autonomy, determination, capacity, and initiative to achieve objectives set by Management
High organizational, analytical and communication skills (written & spoken)
Understanding of Capital Markets activities, products, processes, and business environment
Knowledge of the Regulatory landscape impacting Global Markets is a plus
About the Team
Global Markets Regulatory Permanent Control is part of the Chief Conduct & Control Office and operates in all regions with the primary objective of strengthening the front to end internal control set up for GM, designing the operational risk cartography and driving the operational risk regulatory capital.
The department is organized around 3 streams: Operational Risk Practice: contribute to protect the business (P&L, reputation); Regulatory Practice (RPC): support any regulatory requirement with a sustainable framework, in line with the dedicated Governance, Control Plan & Risk Assessment and Conduct Practice: assess and challenge the effectiveness of the Conduct control set-up as well as ensure a full convergence between Conduct Risk Identification (CRI), Risk and Control Self-Assessment – RCSA).
Why joining BNP Paribas?
Leading banking institution
Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe
International reach
The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:
- Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients.
- Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses
- Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.
Diversity and Inclusion commitment
BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
- Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
- Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page .
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.