Principal Auditor, CIB2S, IPS & GB - Assistant Vice President - BNP Paribas
- Employer
- BNP Paribas
- Location
- London, United Kingdom
- Salary
- Competitive
- Closing date
- Dec 21, 2024
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
You need to sign in or create an account to save a job.
Company purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people
Business area
The IG Hub UK is a geographical Hub, covering all activities in the UK and Channel Islands.
The Hub has five audit teams. These teams are split by business activity covering all activities within their area of responsibility.
The Hub's remit is to provide audit services to the Businesses, Operations and Functions in the UK and Channel Islands in close liaison with Senior Management and Head Office entities. The main focus is to help the organisation accomplish its objectives by bringing a systematic approach to evaluate and improve the effectiveness of the governance, risk management, and internal control processes.
The CIB2S, IPS & GB team within the IG Hub is responsible for auditing:
• All Securities Services (CIB2S), and Investment and Protection Services (IPS) activities, across the UK and Channel Islands businesses; and
• Global banking (GB) within the UK and Paris businesses.
Job purpose
This role will be accountable for handling a range of complex assignments within the CIB2S, IPS & GB team, and will act as a key team member assisting senior team members to perform risk-based audit reviews and to identify and remediate issues in business processes and internal governance frameworks to support the business to achieve its objectives.
Key responsibilities
• Executes high quality and in-depth audit assignments, as well as ad-hoc projects and investigations (including Quality Assurance Reviews, regulatory assignments, and follow up of IG missions) and other audit related tasks (such as continuous / annual risk assessments or requests for audit recommendation closure, archiving, preparing restitution slides, and inputting findings, recommendations) to ensure that audits are effectively performed, maintained and coordinated within BNP Paribas IG Methodologies and Tools (including Data Analytics), procedures, guidelines and expectations. Consistently has regard to the main risks in the performance of all duties, and issues recommendations where appropriate and in line with best practices.
• Works under guidance from more senior team members to deliver assigned tasks in a timely manner. Where appropriate, refers unusual or complex issues to more senior colleagues for resolution and advice in a timely manner to ensure the business receives the appropriate level of professional support.
• Ensures that relevant senior colleagues are kept updated on progress with assigned work on a continuous basis to ensure the smooth delivery of IG processes and service levels in accordance with the established procedures and guidelines.
• Establishes good relationships with auditees to ensure high quality of audit service is provided.
• May be required to provide managerial, coaching or appraisal functions for junior roles in the CIB2S, IPS & GB IG team where required to support the development of talent in the team, and provide adequate supervision to such team members.
• Contributes to the maintenance and development of the data analytics tools and methodologies used by CIB2S, IPS & GB IG team.
Requirements
Essential experience and competencies
• Professional qualification required with knowledge related to auditing activities in the banking / finance sector.
• Proven generalist experience as an auditor, either at a Bank or consulting firm, or other by conducting other relevant Internal/External Audits
• Proven knowledge/expertise or audit experience on CASS (FCA Client Assets Sourcebook).
• Knowledge of a wide range of audit principles, processes, regulations and legislation appropriate for the CIB2S, IPS & GB team and ability to translate knowledge and experience into recommendations to improve team operating practices.
• Strong analytical skills, including ability to understand quickly the critical steps in a process, synthesise and process complex information and understand the related risks of various natures, including use of data.
• Good people management skills and an ability to work with individuals to set individual objectives and manage performance to ensure their delivery.
• Thorough and organised with an ability to prioritise and work under time-pressure.
• Excellent written and oral English skills in order to articulate technical issues and to be able to take the complex and make simple to enable effective communication with individuals across the business.
• Computer literacy and a good knowledge of standard computer software and able to learn and utilise specialist applications appropriately.
Preferred competencies
• Academic background in the Finance / Banking sector.
• IIA certification.
• Good knowledge of or appetite to learn Data Analytics.
It is preferred that the role holder will be willing to travel from time to time to perform their duties (in particular to Paris).
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank's strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We're a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) - with option to buy and sell holidays.
• Valuable financial plans - a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering - one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London - include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Key onsite services and facilities in Scotland - include free monthly massage and yoga, mental health first aiders and seasonal flu vouchers.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone's largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don't want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you'd benefit from some adjustments or additional support, please let us know as early in the process as possible.
#LI-Hybrid
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people
Business area
The IG Hub UK is a geographical Hub, covering all activities in the UK and Channel Islands.
The Hub has five audit teams. These teams are split by business activity covering all activities within their area of responsibility.
The Hub's remit is to provide audit services to the Businesses, Operations and Functions in the UK and Channel Islands in close liaison with Senior Management and Head Office entities. The main focus is to help the organisation accomplish its objectives by bringing a systematic approach to evaluate and improve the effectiveness of the governance, risk management, and internal control processes.
The CIB2S, IPS & GB team within the IG Hub is responsible for auditing:
• All Securities Services (CIB2S), and Investment and Protection Services (IPS) activities, across the UK and Channel Islands businesses; and
• Global banking (GB) within the UK and Paris businesses.
Job purpose
This role will be accountable for handling a range of complex assignments within the CIB2S, IPS & GB team, and will act as a key team member assisting senior team members to perform risk-based audit reviews and to identify and remediate issues in business processes and internal governance frameworks to support the business to achieve its objectives.
Key responsibilities
• Executes high quality and in-depth audit assignments, as well as ad-hoc projects and investigations (including Quality Assurance Reviews, regulatory assignments, and follow up of IG missions) and other audit related tasks (such as continuous / annual risk assessments or requests for audit recommendation closure, archiving, preparing restitution slides, and inputting findings, recommendations) to ensure that audits are effectively performed, maintained and coordinated within BNP Paribas IG Methodologies and Tools (including Data Analytics), procedures, guidelines and expectations. Consistently has regard to the main risks in the performance of all duties, and issues recommendations where appropriate and in line with best practices.
• Works under guidance from more senior team members to deliver assigned tasks in a timely manner. Where appropriate, refers unusual or complex issues to more senior colleagues for resolution and advice in a timely manner to ensure the business receives the appropriate level of professional support.
• Ensures that relevant senior colleagues are kept updated on progress with assigned work on a continuous basis to ensure the smooth delivery of IG processes and service levels in accordance with the established procedures and guidelines.
• Establishes good relationships with auditees to ensure high quality of audit service is provided.
• May be required to provide managerial, coaching or appraisal functions for junior roles in the CIB2S, IPS & GB IG team where required to support the development of talent in the team, and provide adequate supervision to such team members.
• Contributes to the maintenance and development of the data analytics tools and methodologies used by CIB2S, IPS & GB IG team.
Requirements
Essential experience and competencies
• Professional qualification required with knowledge related to auditing activities in the banking / finance sector.
• Proven generalist experience as an auditor, either at a Bank or consulting firm, or other by conducting other relevant Internal/External Audits
• Proven knowledge/expertise or audit experience on CASS (FCA Client Assets Sourcebook).
• Knowledge of a wide range of audit principles, processes, regulations and legislation appropriate for the CIB2S, IPS & GB team and ability to translate knowledge and experience into recommendations to improve team operating practices.
• Strong analytical skills, including ability to understand quickly the critical steps in a process, synthesise and process complex information and understand the related risks of various natures, including use of data.
• Good people management skills and an ability to work with individuals to set individual objectives and manage performance to ensure their delivery.
• Thorough and organised with an ability to prioritise and work under time-pressure.
• Excellent written and oral English skills in order to articulate technical issues and to be able to take the complex and make simple to enable effective communication with individuals across the business.
• Computer literacy and a good knowledge of standard computer software and able to learn and utilise specialist applications appropriately.
Preferred competencies
• Academic background in the Finance / Banking sector.
• IIA certification.
• Good knowledge of or appetite to learn Data Analytics.
It is preferred that the role holder will be willing to travel from time to time to perform their duties (in particular to Paris).
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank's strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We're a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) - with option to buy and sell holidays.
• Valuable financial plans - a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering - one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London - include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Key onsite services and facilities in Scotland - include free monthly massage and yoga, mental health first aiders and seasonal flu vouchers.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone's largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don't want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you'd benefit from some adjustments or additional support, please let us know as early in the process as possible.
#LI-Hybrid
Sign in to create job alerts
Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.
Create alert