What is this position about?
Permanent
What would your typical day at BNPP Paribas look like?
Primary Role Responsibilities
- Responsible for FX/Derivatives/Bond transaction settlement
- To take care of Bond transaction settlement & tax document collection/filing for foreign investors
- To perform local currency settlement via BOKwire system etc.
- BOK daily/monthly/quarterly report
- Comply with internal and external regulatory and compliance requirements
- Comply with the BNPP standards of Code of Conduct
- Comply with the BNPP IT Security policies
- Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
Other contributions
- Contributes to prepare data for optimized Funding of ALM-Treasury
- Contributes to franchise development by enhanced cooperation with FI&T, Finance, and other department
What is required for you to succeed?
Language
- English (Read/Write)
Experience Level : 3-7 Years
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
More information
BNP Paribas – Diversity & Inclusion Journey ( https://www.youtube.com/watch?v=qZatNskr5aI)
BNP Paribas – The Bank Of Green Changes (https://www.youtube.com/watch?v=DCz5aEdkDiM)
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
- Selling Macro products to Korean FI clients
- Selling Macro products to Korean FI clients
- Selling Macro products to Korean FI clients
- Expanding BNPP GM franchise
- Communication skill, knowledge of financial products, knowledge of global markets, knowledge of global economies, client relationship management skillset
- Bachelor degree
- Internal : As appropriate liaise with relevant internal risk functions- Legal, Compliance, Market & Credit Management
- External : Consulting & Dealing with Corporate clients
Key Responsibilities
- Reporting to Local Corporate Sales Desk Head:
- Promote the firm’s brand, products and services to new and existing clients.
- Meet Annual Budget Target
- Consulting with clients:
- Ascertain client funding [and investing] needs
- Carry out client’s instructions to execute transactions with BNPP trading professionals and book client side in trade capture system
- Work with operational support functions to facilitate/monitor the settlement process
- Provide analysis and modeling expertise, and support new product development
- Provide clients with market data, prices and other factual information; also agreed comment/analysis generated by the firm e.g. market, sector or company research
- As appropriate liaise with relevant internal risk function : Legal, Compliance, Market and Credit Risk Management
- Attend relevant training courses to maintain appropriate regulatory, product and technical skills
- Maintain open communication with team and direct line management to fulfill firm notification requirements and pass on client concerns
- Controlled Function: Controlled Function 21
- Comply with regulatory, contractual and internal authorized framework
- Watching out for potential fraud or market abuse via close management and by responding, effectively and comprehensively, to escalation signals coming from Middle-Office/Back-Office staff
- Direct contribution to BNPP operational permanent control framework.
- Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- Comply with regulatory requirements and internal guidelines – Contribute to the reporting of all incidents according to the Incident Management System
- TECHNICAL: Market, products & business: Continuously develops insight and expertise into his/her market and products; is genuinely interested in financial markets
- Behavioural : Resilience – Adaptable and tenacious, Innovation – Solution mindset, Diligence – Sound adviser and efficient organizer, Communication- Empathetic and persuasive, People care – Supportive,
- Team player & cross cultural awareness, Risk awareness, Drive for results, Corporate role model, integrity and ethics, Client focus
- To monitor and reconcile suspense accounts and abnormal balances.
- To reconcile outstanding items of other Receivables/Payables accounts and WIP accounts.
- To prepare accounting journal entry input when manual booking is needed containing client or sensitive information.
- To prepare financial statements (with footnotes) and support Audit/Review report.
- To reconcile back office system accounting data and accounting system data
- To conduct 1st level control as per the guidance from Regional Finance
- To control sensitive accounts including AR/AP
- To prepare supporting & regional reports when required
- To prepare the month-end accounting journal entries when manual booking is needed, and obtain approval from Head of control team.
- To coordinate accounting system maintenance related work (incl. creation/maintenance of account and department code, Smartstream posting etc..) for local users of accounting system and communicate with IT and local vendor (Powerbase)
- To prepare daily movement analysis (Local BS/PL format) and control nostro reconciliation
- To prepare quarterly review/ annual audit by external auditors and support tax review
- To support K-SOX (internal control over financial reporting) audit with external auditors
- To contribution to permanent control framework
- To contribute to process improvement, relating to production of local reporting.
- To ensure appropriate escalation to relevant governance bodies/or permanent control (or compliance as appropriate) as soon as an issue is identified.
- To comply with internal and external regulatory and compliance requirements
- Knowledge of banking and securities business and products and the related accounting treatments
- Understanding of local regulatory requirements on banking & financial investment entities.
Experience Level : 2 Years
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 20,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
Worldwide, BNP Paribas has a presence in 63 markets with more than 183,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
* excluding partnerships
BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.
https://careers.apac.bnpparibas/
2025 APAC Graduate Programme – Brand & Communications – South Korea
Our two-year graduate programme has been designed to give you the support and development you need to start a successful career in financial services. You can join us in one of several business areas or support functions, and take on real responsibility from day one. Depending on your qualifications and experience, you can apply to join us as either an analyst or an associate.
For:
Final year students or recent graduates with a bachelor’s or master’s degree in any disciplines from a recognized university
Duration:
24 months
Start date:
January 2025
Location:
South Korea
Candidates with more than one application will not be processed – You are encouraged to review the different business lines and working locations before applying.
Who can apply?
To be considered for the placement, you will:
- Apply as a recent graduate, final year undergraduate, or master’s student in any disciplines
- Possess GPA of 3.3 out of 4.0 or above (or equivalent) in any discipline
- Have to be fluent in spoken and written English and Korean (additional languages are an advantage)
- Demonstrate methodical, logical, solution-driven initiatives, with commercial awareness and a keen interest in latest finance topics as well as market trends
What you can expect?
Induction
You will start off with a comprehensive induction, where you will be immersed in group training and discover more about the BNP Paribas Group.
Training
Then you will start your business specific technical and financial training, alongside personal skills development aimed at equipping you with the knowledge you need to get you the best possible start in your career. On-the-job training will be delivered throughout your two-year programme, taking you along a tailored development path to build your expertise and broaden your base of skills. You will also have the chance to experience other parts of the business through cross-entity projects, which will help you understand how we approach complex work and give you the chance to develop a strong internal network.
Mentor & Buddy
Throughout the programme, you will be mentored by experienced managers and team members, as well as pairing with a buddy from previous cohorts who will make sure you are getting everything you need to grow.
What will you do?
This position supports implementation of various communication projects and strategies for BNP Paribas CIB business in Korea.
Direct Responsibilities
- Conduct daily media monitoring and prepare a report with short English translations on important topics related to BNP Paribas business in Korea;
- Create and edit content (e.g. press releases, internal news, social media posts, company website, videos) around announcements, business, internal/external events, etc.;
- Plan and execute events;
- Preparation of presentations and reports.
Contributing Responsibilities
- Follow internal policies and procedures when implementing projects;
- Work closely with regional team and attend regular meetings;
- Translation of important updates on ad hoc basis.
Technical & Behavioral Competencies
- Excellent verbal/writing skills in both English and Korean
- Photo taking, video filming and editing experience preferred
- Self-motivated and willing to take initiatives
- Attention to detail
- Good interpersonal skills