What is this position about?

As part of IT and Operations APAC (ITO), Client Engagement and Protection (ITO CEP) is focusing on:

1.    Client centricity through the KYC onboarding and recertification of CIB clients (corporates and financial institutions) and the management of referential processes (client accounts etc). 

2.    A robust Control framework to protect the Bank and its clients, through due diligence controls and the clearing of AML alerts for CIB APAC clients across business lines: Cash Management, Global Markets, Trade Finance and Correspondent Banking.

The AML Transaction Monitoring set-up was transferred from Compliance to ITO CEP in 2020, and is undergoing in-depth transformation in terms of governance, tool implementation, management of false hits etc, for a key risk area for the Bank.

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

Under the leadership of the AML TM L1 Team Head, the Business Analyst is responsible for performing Anti-Money Laundering Data Management and the necessary analysis in the context of AML projects in APAC that aim at further strengthening the regional AML Transaction Monitoring framework. The role is also required to work closely with Data Analytics teams to assist with data collection, assessment, process enhancement as well as to identify any data quality issues for reporting purposes. 

This is a regional role based in Singapore

Primary Role Responsibilities

In this role, you will

•    Work closely with AML Analysts to better understand their operational needs and partner with global or regional Data Analytics & IT teams to understand the various data points and systems internally and externally.

•    Leverage on such partnership to identify, test, fine-tune and define the patterns within data to deliver value for the AML chain and collaborate with regional and global stakeholders to accomplish any ad hoc projects or initiatives

•    Define APAC AML TM Business Requirements and functional specifications 

•    Collect data and maintain proper AML data referential with full audit trail of changes

•    Monitor and supplement AML data feeds and maintain mapping of such data feeds

•    Conduct data analysis, identify data quality issues, assess the overall impact to the daily operations and fix them when relevant

•    Document analysis and decision rationale of any resolutions and changes made and propose and implement enhanced operational processes and tools with data process automation

•    Develop and maintain reporting / metrics to support governance meetings 

•    Present a holistic view of all aspects of AML risk and emerging trends to various stakeholders

•    Update and maintain the procedures relating to any data management process and ensure all data management processes are applied in compliance with BNPP Group policies

Other contributions

•    Coordinate LOD1 stakeholders (RMs, CLM, analysts …) to ensure a smooth workflow at Level 1

•    Support the team on tools User Acceptance Tests / tuning and document as per requirements

•    Support the team on AML analysis

•    Identify opportunities for process improvements 

•    Identify new emerging risks and propose appropriate strategies and techniques to mitigate

•    Ensure progress of projects is well managed with timely communication to relevant stakeholders

•    Drive the implementation of initiatives and operational process changes with a focus on innovation

•    Alert the manager on any AML or operational risk identified in day to day processes

What is required for you to succeed?

Behavioural Competencies

•    Constructive thinking, always looking for improvements within the team and organization

•    Flexible and autonomous within ability to work in a small team, open to new practices & methodologies in a rapidly changing and multi-cultural environment

•    Communicate clearly issues and objectives to all levels of the organization

•    Ability to manage under pressure, run multiple projects in parallel

Technical Competencies

•    Business Analysis:

o    Requirements gathering techniques: interviews, workshops, user observation

o    Requirements capturing: use cases, mock-ups, process flows

o    Functional specification documentation

o    Process modelling and re-engineering

•    Data Management

o    Strong data analysis, data management and problem-solving skills

o    Ability to define the necessary data to be collected and data sources

o    Ability to assess and maintain qualitative and structured data

o    Analysis skills to measure gaps between existing and target data set ups

o    Proficiency in excel and programming languages e.g., Python 

•    Work stream Management:

o    Planning, co-ordination and execution of work streams

o    Risk and issue tracking, management and resolution

o    Progress tracking, status reporting

•    Risk management and documentation:

o    Aptitude to understand different business models, product sets and risk factors

o    Clear and concise documentation of business requirements, functional specifications etc.

o    Control mind-set with capability to maintain proper audit trail on the long term

•    Testing/Tuning: (User Acceptance Testing)

o    Planning

o    Execution

o    Gaining user sign off

•    Knowledge and prior experience in Compliance, Anti-Money Laundering, Sanctions, KYC/Due Diligence and/or investigations with Compliance or Regulatory experience

• At least 7 years of experience (5+ years' Business Analysis and relevant banking experience

• 2-5 years' experience in AML Transaction Monitoring or Suspicious Activity Investigation is a plus

• Certification from ACAMS or ICA is a plus

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