Credit Controller

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.

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More information 
BNP Paribas – Diversity & Inclusion Journey 
BNP Paribas – The Bank Of Green Changes

Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year

Department Description

• ITO 3C is a dedicated Operating Line within CIB ITO (Financing Solution). Its function is to monitor, control and report on the risks taken by CIB on Corporates, independent from the business lines, applied on the entire Front to Back Credit Chain – from Front Office support to ITO Servicing. 

ITO 3C – Mission  

To perform  credit control independent from the business lines for the corporates portfolio in line with the global core missions and direction of ITO COO to ensure: 

• Guarantee the conformity of the authorisations & collaterals/guarantees put in place with the credit decisions made
• Ensure the management and integrity of risk data input into Risk systems used in the control and reporting of credit/counterparty risk
• Guarantee that credit/counterparty risks taken by the Bank are monitored correctly
• Contribute to or provide appropriate risk reporting information as required by Business, Risk and Bank Management (for those reporting unavailable in global systems)
• Mandate on Financial Institutions and Banks is  restricted to Financing Lines
• Global Market Line excess monitoring related to Corporate is managed/controlled by Risk

Important to note that ITO 3C is responsible to define standard control framework and make sure that those controls are performed all along the credit chain but all entity/department in this chain are fully responsible of their processes and organization – ITO 3C acting there only as contributor
 
Key Responsibilities 

• Act as the main point of contact for ITO 3C within the Risk Corporate scope
• Ensure timely and accurate update of risk data after credit decisions
• Documentation control to ensure that terms & conditions of Facility Documents conform to credit decision and legal requirement
• Validate fulfilment of conditions precedent, control limit availability in systems (Atlas II and CAT) in conformity to credit decisions and documentations, follow up on condition subsequent, documents/temporary waiver
• Validate the framework of required covenants in the ‘CreditNet’ tool, against executed credit agreements
• To certify/validate the risk data integrity in risk systems, Atlas II, CAT, and CRF and provision in MIRO in conformity with credit decision and of risk data related to Guarantors and guarantee records
• Monitoring of genuine excess or exceptions for both financing métiers products and for capital market products for corporates (based on control result of the Risk I2S team)
• Monitoring of genuine excess or exceptions for financing lines to Bank/FI (GTS exposures excluded from this scope)
• To regularly report and monitor any anomalies in legal documentation, collateral shortfall, late annual review overdue or breached covenants, underwriting, put option expiry, watchlist and doubtful assets
• To alert Risk Corporate, Business Head and Management on any indication of drift of risk profile during the control missions
• Contribute to successful delivery of systems and control reports enhancement with adequate UATs
• Contribute to the reporting of all incidents according to the Incident Management System and direct contribution to BNPP operational  permanent control framework
• Promote and contribute to the implementation of a common culture and approach within ITO 3C, and promote individual initiative, autonomy and versatility

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.

KYD Culture

• Follow trainings about Data Quality and Data Integrity in order to spread « Know Your Data » culture

Technical and Behavioural Competencies required

–  Experience in the banking/finance sector necessary 
•    Good understanding of Financial products
•    Good understanding of risk concepts and methodologies 
•    Knowledge of credit processes
•    Good understanding  of transaction workflows, booking concept and booking system
•    Being familiar with local regulations

– Commitment to the role and capacity to meticulously implement the ITO 3C Mission Statement
– Excellent written and verbal communication skills
•    Written and oral fluency in English and local language is necessary
– Excellent attention to detail
– Strong interpersonal skills
– Good time-management skills
– Autonomy and capacity to take initiative
– Capacity to remain objective and independent in order to fulfil the control role required