BNP Paribas Securities Services announces new Accelerated Growth Programme in Scotland - BNP Paribas United Kingdom
BNP Paribas UK News
June 26, 2008 -

BNP Paribas Securities Services announces new Accelerated Growth Programme in Scotland

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To support BNP Paribas Securities Services’ (‘BNP Paribas’) global business expansion, the Bank has created the Accelerated Growth Programme. This brand new development programme, being piloted in Scotland, has been designed specifically to cultivate the most talented individuals into leaders of the future. Future Accelerated Growth Programmes will also be run in Paris, Luxemburg and more widely within the UK.

This is a graduate-calibre programme being targeted at new entrants to the industry with the aim of growing our own pool of expertise. Individuals do not need specific qualifications or experience to take part and there is no age limit for applicants. BNP Paribas is looking for people who share its values and attitudes and can demonstrate talent, intellect and drive. The aim of the programme is to help these individuals achieve their goals for the future.

The two-year development programme will give individuals a thorough insight into the BNP Paribas business, enable them to develop strong technical competencies and build their confidence to help shape change within the Bank. Training begins with an intensive two-month induction, after which they will complete placements in different areas of the UK business, supported by a Mentor and a Buddy. Ongoing training and home assignments covering topics including Lean Thinking, Six Sigma, engagement through story telling and coaching, have been developed to align with business strategy and raise both their commercial acumen and self-awareness. By the end of the two years they will have achieved the industry recognised Investment Administration Qualification.

BNP Paribas will be recruiting 15 individuals across Glasgow and Dundee in the first year. The application process is on-line and the deadline for receiving applications is Sunday 20th July. The first Accelerated Growth Programme starts on Monday 6th October 2008.

The Accelerated Growth Programme will contribute to the previously announced growth of 370 roles across its Glasgow and Dundee offices to support its fast-growing fund services operations.

Commenting on behalf of Glasgow’s International Financial Services District, Jim Watson, Senior Director, Growing Business, Scottish Enterprise West Region said, “This is a fantastic example of a major employer in Glasgow’s IFSD developing an innovative approach to recruitment to ensure they attract the best possible talent to help them grow their business. The career opportunities now being offered by BNP Paribas underline the attractiveness of many of the employment opportunities now emerging across the IFSD, as the district matures and expands.”

BNP Paribas Securities Services is incorporated in France with Limited Liability and authorised by the French Regulators (CECEI and AMF). It is regulated by the Financial Services Authority for the conduct of its investment business in the United Kingdom and is a member of the London Stock Exchange. BNP Paribas Trust Corporation UK Limited, BNP Paribas Fund Services UK Limited and Investment Fund Services Limited are wholly owned subsidiaries of BNP Paribas Securities Services, incorporated in the UK and are authorised and regulated by the Financial Services Authority.

BNP Paribas Securities Services is incorporated in France with Limited Liability and authorised by the French Regulators (CECEI and AMF). It is regulated by the Financial Services Authority for the conduct of its investment business in the United Kingdom and is a member of the London Stock Exchange. BNP Paribas Trust Corporation UK Limited, BNP Paribas Fund Services UK Limited and Investment Fund Services Limited are wholly owned subsidiaries of BNP Paribas Securities Services, incorporated in the UK and are authorised and regulated by the Financial Services Authority.

Margaret Lees, Head of Scottish Operations at BNP Paribas Securities Services added: “At BNP Paribas Securities Services we are dedicated to investing in our people and providing development and career opportunities. The Accelerated Growth Programme is a further example of our continued commitment to our growth in Scotland. This is an exciting opportunity to implement a strategic initiative to support our long term vision and expansion in Scotland.”
Information and the application process for the Accelerated Growth Programme is online: www.bnpparibas-accelerate.com

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 4 strongest banks in the world according to Standard & Poor’s. The group is present in over 85 countries, with more than 168,000 employees, including 129,500 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank’s two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

About BNP Paribas Securities Services

BNP Paribas Securities Services (www.securities.bnpparibas.com) is part of a AA+ rated universal banking group (S&P). With €3.8 trillion assets under custody; €834 billion assets under administration and over 6000 funds administered, BNP Paribas Securities Services is the leading European provider of securities services and number 5 in the world.
BNP Paribas Securities Services has a unique multi-local model, servicing the entire investment cycle with 5000 employees worldwide, a local presence across 24 countries and global coverage of 92 markets.

BNP Paribas Securities Services in Scotland

BNP Paribas Securities Services was established in Scotland in 2002. The Bank has offices in Glasgow and Dundee providing fund accounting and investment operations to a number


Press contacts

Shani Halstead, Corporate Communications, London +44 (0)20 7595 2436
shani.halstead@uk.bnpparibas.com

Ilias Catsaros, Corporate Communications, London +44 (0) 20 7595 2215
Ilias.catsaros@uk.bnpparibas.com