What is this position about?

•    This role is within the second level of the alert management framework – Level B1. Level B1 is under ITO Corporate Banking’s responsibility; this level investigates alerts escalated by the first level, gathers all the relevant information needed (e.g. client identity, economic purpose of the transaction, etc.) and expresses an opinion of whether or not to release the payment. 

•    Level B1 will provide geographic coverage across APAC territories and will cover Corporate Banking, Global Markets and Wealth Management activities

What would be your typical day at BNPP Paribas look like? 

To perform due diligence investigations of SWIFT alerts on real time basis at Level B1 in accordance with the SHINE alert management control framework designed to prevent corruption, money-laundering and financing of terrorism, as well as to comply with embargoes and international financial sanctions and to protect customers’ interests at the Group Level

Primary Role Responsibilities

1.    Investigation of sanctions alerts

•    Review and investigate alerts escalated from the first level of the framework for potential sanctions violations in accordance with Group Compliance procedures, decision grids and in compliance with local and global regulations

•    Obtain all necessary information and documentation in compliance with Group Compliance procedures and decision grids in a timely manner from the Single Point of Contact (SPOC) located in the operations’ teams

•    Formalize an analysis based on the transaction investigation

•    Formalize an opinion to release or block the transaction

•    Close liaison with SPOCs and Level B2 (checker) to ensure smooth and prompt alert processing

Other contributions/Operational Support

•    Support Level B1 management to review and update Level B1 documentation such as the procedures and decision grids as and when requested

•    Support Level B1 management to ensure any operational risk related incidents are reported in accordance to the Group policies

•    Must be familiar with the latest version of Level B1 Standard Operating Procedures (SOP) and be compliant with the bank’s policies and procedures

What is required for you to succeed?

Technical & Behavioral Competencies

•    Good knowledge of Compliance, anti-money laundering rules & regulations 

•    Possess a minimum of 1 year experience in real time SWIFT alerts management & screening/investigation

•    Strong experience in account activity/post transaction monitoring &/or KYC/Due Diligence knowledge could be considered

•    Strong banking back office operational experience would be an advantage (in Cash Mgt, Trade or Commodity Finance etc)

•    Possess a Compliance and Operational mindset with acute awareness of urgency of payments processing/market cutoff

•    Meticulous, attention to detail and accuracy in daily work

•    Good analytical skills

•    Ability to thrive and multi-task in a high-volume and fast-paced environment and can work independently

•    Good interpersonal skills and team player

Required education/certification/licenses

•    Tertiary/Bachelor degree

About BNP PARIBAS

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.

https://careers.apac.bnpparibas/

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