Deputy Chief Compliance Officer

DEPUTY CHIEF COMPLIANCE OFFICER (M/F) (NUMÉRO DE L'EMPLOI : BNPPAM CDI DEPCOMP)

**DEPUTY CHIEF COMPLIANCE OFFICER (M/F)**

v**_ _**THE COMPANIES**:BNP **Paribas Asset Management Luxembourg SA (“BNP Paribas AM Lux”)** is the super ManCo supervising UCITS and AIF funds of the Luxembourgish BNP Paribas fund range.

v**_ _**REPORTING LINES**: Hierarchical reporting: BNPP AM Luxembourg Chief Compliance Officer (CCO)

v**_ _**FUNCTION**: Deputy Chief Compliance Officer for BNP Paribas Asset Management Luxembourg SA

v**_ _**INTERACTIONS**: BNPP AM Luxembourg Chief Compliance Officer, Conducting Officer Compliance, CEO, AM Business teams, Global AM Compliance and Domains, Territory Compliance in Luxembourg, transversal teams, BNPP AM Client Service Luxembourg coverage teams, BNPP AM Luxembourg KYC teams (Centre of Expertise)

v**_ _**DEFINITION OF**_ _**RESPONSIBILITIES**

The Deputy Chief Compliance Officer assists the CCO in his daily activities, in particular as regards to:

- Ensuring the existence and implementation of an efficient compliance framework
- Enforcing compliance rules consistent with Group Compliance requirements and in line with applicable laws and regulations.
- Managing a team of dedicated compliance officers.

The main purposes of the compliance framework are:

- To detect any risk of non-compliance with the professional obligations applicable to the entity; and
- To take any measures to minimize the consequences of non-compliance by BNPP AM Luxembourg with its professional obligations.

The Deputy Chief Compliance Officer contributes to ensuring that BNP Paribas Asset Management Luxembourg framework complies with the Group rules and the Luxembourg regulations in force, with a particular focus on the:

- Prevention of money laundering, fight against corruption and terrorism financing, Know Your Client, compliance with sanctions and embargoes
- Deployment and implementation of Compliance permanent control framework and follow-up of concrete action plans
- Deployment and/or adaptation of Compliance policies and procedures

The scope of activity covers the different activities of BNPP Asset Management Luxembourg.

v**_ _**MAIN ACTIVITIES**
- **In terms of advice**
- Provide support and guidance to the Management and Business teams in a proactive manner and when needed or requested (e.g., RFP, due diligence visits, audits),
- Ensure that AML/CTF and customer database screening alerts are properly handled by Luxembourg Compliance
- Contribute to training and advice to local teams in the conduct of their mission so that they can carry out the tasks placed under their responsibility in compliance with their professional obligations
- Adapt to BNPP AM Luxembourg, the BNPP AM corporate Compliance training policy and make sure that it is tailored to local specificities, implemented, and deliver local training
- Act as the CCO back-up to represent the Compliance function in relevant local and global committees when necessary
- **In terms of supervision**
- Ensure consistent deployment of compliance framework (policies, controls, tools, training) within BNPP AM Luxembourg
- Update the compliance risk classification in line with business developments, Group policies and regulations
- Define and regularly update applicable compliance policies, rules, standards and methodologies.
- Monitor that compliance rules are enforced in the entity and ensure that action plans are implemented to correct any weaknesses
- Make sure that the employees comply with the applicable internal rules (conduct of business, policies, training sessions ) and identify the potential situations of conflict of interests
- Contribute to regulatory watch on his/her perimeter
- **In terms of decision**
- Review at-risk clients and intermediaries files prior to their presentation to the acceptance committee
- Make Compliance decisions and/or deliver advice on the issues escalated by local teams, in his/her scope of responsibility, according to the Group decision and escalation processes
- Analyse Compliance risks and specific issues on his/her perimeter, in order to inform the decision-making bodies, to provide them with decision-making assistance and to raise alerts if the risk profile requires it
- **In terms of management**
- Manage the compliance officers under his direct report : Validate priorities for his/her direct report(s), define their objectives, monitor the results and appraise performance
- Monitor the training roadmap of his/her teams
- Evaluate and manage the means necessary (calendar, budget, resources) for the functioning of his/her team. Escalate to CCO when necessary.
- **In terms of projects and tools**
- Contribute to the deployment of the mandatory Group IT tools at local level whenever necessary
- Contribute to the implementation of projects specific to the function at local level (deployment)
- **In terms of control and regulatory reports**
- Implement the governance established by the CCO to manage complianc