In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 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 68 markets with more than 193,000 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/&nbsp
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POSITION PURPOSE:

To manage the correspondent banking APAC business and setup in support of business lines such as Cash Management, and in line with global / local regulations and guidelines.

RESPONSIBILITIES:

• RMA keys
  Coordinate with the different stakeholders the opening, management & closing of RMA keys for BNPP Legal entities in APAC
  Follow‐up of the opening and closing of RMA keys for APAC

Actively manage sensitive RMA keys, particularly with regard to Pn countries and GFS red/orange list

• Loro Management

Onboard BNPP branches and subsidiaries that need to open a loro account ﴾SAA, KYC, Client Approval Committee﴿
Provide technico‐commercial support for BNP Paribas branches & subsidiaries holding a clearing account with a legal entity in APAC
Follow up through a monthly dashboard the opening and closing of loro accounts for APAC
Ensure that no loro accounts are opened for third party banks

Perform AML & transaction monitoring according to the APAC Loro procedure.

• Nostro Management

Optimize the number of Nostro accounts by closing the unused ones, replaced by FeasyX or opened with BNPP entities when possible
Review and approve Nostro opening requests for APAC entities
Follow up through a monthly dashboard the opening and closing of nostro accounts for APAC
Participate actively to the RFPs processes handled by Network Management team ﴾provide Business requirements, assess impact when change of clearer for APAC etc…﴿
Clearing services (HKD, RMB, INR and MYR)
Define future product development plans and translate into Business Requirements in terms of COT, service, etc. whenever necessary.
Coordinate and manage ongoing discussions with ITO on the model for Asian currencies clearing offer
Insure that an appropriate pricing is in place in line with the market
Support branch requests for enhancements

Follow Regulatory changes and provide market information to BNPP network ﴾pricing, cut-off times, and process﴿.

• Participation to KYC onboarding and SG KYC extension

Participate actively in recertification, on boarding & follow up of KYC in conjunction with DD team. In particular, manage a dashboard for SCBO-ship pipeline for TBG related KYC renewals

• Transversal mission

Actively Participate to transversal missions at Transaction Banking APAC level in connection with Data reporting, Data monitoring, business intelligence or any other relevant topics.