Financial Security Compliance Officer
BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and also an excellent work environment where you’re valued as part of our team!About BNP Paribas in Asia Pacific ( www.apac.bnpparibas )
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 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 74 countries with more than 190,000 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.
BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and also an excellent work environment where you're valued as part of our team!
* excluding partnerships
• Direct contribution to the Bank's operational permanent control framework.
• Conduct financial crime investigations and post-transaction monitoring surveillance in accordance with group policies and regulatory requirements.
• Assist with the development, implementation and ongoing maintenance of a risk scenario based Account and Transaction Ongoing Monitoring ("ATOM") tool (ACTIMIZE).
• Participate in User Testing Assessment as and when required as part of ACTIMIZE deployment within Asia Pacific.
• Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
• Investigate, assess and analyze alerts escalated to Country Compliance by the ATOM Hub.
• Assist Country Compliance to ensure all management reporting is complete, timely and accurate.
• Ensure timely and efficient preparation and (with approval of the Head of Financial Security, SINGAPORE) filing of suspicious activities and/or transactions reports to relevant authorities.
• Assist in identifying systemic procedural weaknesses and additional training requirements, especially on identification and reporting of suspicious activities and/or transactions for the Bank.
• Manage and coordinate all queries and matters related to post-transaction monitoring surveillance.
• Ensure efficient framework for the identification and monitoring of suspicious activities and transactions.
• Provide analysis and advisory on large cash transactions escalated to Country Compliance.
• Provide appropriate training to new joiners, businesses and functions to enhance AML risk awareness.
• Coordinate and participate in ad hoc projects, risk assessment and audit / regulatory inspections.
• Generally provide support to the Head of Financial Security, SINGAPORE.
Competencies (Technical / Behavioural)
- At least 8 years of working experience with 5 years of relevant AML/KYC/CFT (including post-transaction monitoring) experience. Candidates with less experience may be considered on a case by case basis.
- Good general knowledge of the international financial sanctions laws and regulations in an international financial institution or a regulatory body in Asia Pacific is preferred.
- Must have strong interpersonal skills, a flexible, collaborative and team-oriented approach to problem-solving and an ability to work in a fast-paced, rapidly changing environment, and preferably with some experience of dealing in multiple countries in Asia Pacific.
- An ability to write concisely and clearly; and to produce clear constructive advice under pressure and within short timeframes.
- Must evidence an attention to detail and have an investigative and questioning nature.
- Ideally be flexible and have a hands-on in work style, with the ability to work independently to carry out projects.
- Good team player.
- Ideally be familiar with navigating the operational tools which support Sanctions Compliance controls.
- Bachelor's degree or equivalent from an accredited institution (e.g. ICA or ACAMS). Post-graduate degree or law degree may be a plus.
- Proficiency in English is a must.