Job Title: Vice President - AML

Department: ISPL -CEFS 

About Business line/Function: 

Client Management Operations team is leveraging an integrated model; the Client Management Operations Team delivers a comprehensive range of solutions to various business lines of the Group across the globe. The services include referential data management, Know Your Customer (KYC), Due Diligence preparation (client recertification and onboarding), credit administration and post-trade client services, AML transaction monitoring and Actimize support Projects 

Position Purpose: 

A pivotal role is played by ISPL CEP Operations to support CIB clients across all regions & there is a need to strengthen ISPL around a Drive mandate. The position’s main purpose is to equip AML, teams around the 5 levers defined at Group level: 

• Upgrade the operational model 
• Adapt information system
• Make better use of data to serve clients 
• Work Differently
• Client centricity

Scope of the role requires setting up and strengthening the AML platforms across regions. It may require intervention on occasional / ad hoc subjects (requiring reactivity & strong client focus mindset) & on projects of greater scale (horizontal projects & multi sites). Coordinating with various stakeholders across regions as well as other CIB or Group Functions (Compliance / Business / Risk / Finance, etc)

 Responsibilities

Direct Responsibilities

1. Operations Process Framing around Quality & Time delivery & Operational Risk Excellency 

a) Provide operational expertise to define solution that meets / exceeds the operations & regulatory needs for the region.

b) Identify opportunities to optimize capacity, increase efficiencies, Imbibe and propagate firms procedures as well as systems and technology used to record the information & documents. 

c) Representing CEFS ISPL locally and globally in all required forums, decision making and execution at ground level.

d) Ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all departments within Client Management 

e) Minimize operational failure, including but not exclusively, the risk of fraud, by implementing sufficient regular controls, by measuring operational risk & taking actions to maintain it at an acceptable level. 

f) Ensure appropriate escalation to management & /or Permanent Control (or compliance as appropriate) as soon as an issue remains unsolved beyond & above what can be reasonably handled within the considered remit. 

2. Change Management & Continuous Improvement 

a) Drive continuous improvement to review & streamline operations processes to converge towards better STP Rate, to improve Turn-Around Time & to minimize error rates 

b) While not interfering on OPC & Risk ORC mandate, challenge existing controls plan with the aim of continuously minimizing residual risks 

c) Propose / Contribute to new systems/features deployment & coordinate with IT & regional management teams. This is achieved by participating in Process re-engineering, Process & systems standardization & re-alignment, & business development support & enabling. Closely work with ISPL Digitalization - RPA departments (Change Management, RPA COE). 

d) Behave as one of the senior referents on Client Management Operations within regional ITO community & continuously build, advocate & brand for an end to end operation/process workflow perspective 

3. Transitions / Projects / Transformation 

a) Actively contribute / lead in projects / initiatives driven by central and/or regional Client Management Department and/or Business 

b) Manage key transformation projects (New Transitions across AML) bringing them to a successful conclusion (quality/cost/TAT) by a close coordination of ITO departments & other functions involved to achieve the objectives initially set. 

c) Active participation on ad hoc tasks and/or projects as assigned by Management from time to time.

d) Contribute / Lead some of CIB Transformation Initiatives for Client Management (regional organization towards target Operating model, End to End Project, Digital transformation) 

e) Active contribution or participation to relevant ‘Workshops / Lab Sessions / Brainstorming’ impacting ISPL Client Management Operations processes. 

4. People 

a) Provide leadership and direction to the Client Engagement department and its employees, set conditions and manage its resources in order to optimize departmental services for maximum fulfilment of (internal and external) client needs within determined strategy and budget. 

b) Work with ISPL CEFS Operations sub-departments to develop a strong expertise & knowledge on end to end process / delivery. Coach & mentor top talent and define clear career path for them 

c) Promote, within ISPL CEFS Operations department, a mindset around accountability, continuous improvement, client focus, change management & innovation 

d) Proven aptitude to lead and manage high performing teams

Stakeholder relations

Internal to ISPL

• ITO management 
• Change management team OPC team 
• Compliance team 
• Project Office 

(For budgets, resource management) 

External to ISPL

• Central & Regional ITO management 
• Regional Client Engagement Operations 
• Business lines (Corporates, Global Markets, MNCs, Commodity Finance) 
• Regional CEP Project Office 
• Regional CEP Change Management 
• Regional Compliance 

IG & Audit teams

Technical & Behavioral Competencies

Power BI, Tableau, Macros as Key knowledge
• Very swift in understanding various systems.
• Aptitude for technical activities
• Willing to update knowledge as technology changes
• Ability to take initiative and make decisions
• Logical approach to the solution of problems
• Project management skills
• Able to work independently and interact with global teams
• Excellent interpersonal and strong communication skills mandatory
• Able to make informed decisions on a wide range of complex business and technical issues
• Experience in banking, payment, compliance preferred

Specific Qualifications:

• University Graduate
• Minimum 15+ yrs. of relevant experience in corporate/IB in AML 

·       Knowledge of the global and local regulations related to banking and financial services.

Skills Referential (Required knowledge, skills and abilities)

·       Ability to collaborate / Teamwork

·       Communication skills - oral & written

·       Ability to synthetize / simplify

·       Organizational skills

Transversal Skills:

·       Analytical Ability

·       Ability to develop and adapt a process 

·       Ability to manage a project

·       Ability to manage / facilitate a meeting, seminar, committee, training

Technical Skills:

• Advanced Excel
• Python (good to have)
• PowerBi (good to have)

Behavioral Skills: 

• Communication
• Analytical Ability
• Team Player

Education Level: Bachelor’s degree or equivalent

Location: Mumbai

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.