Business Overview:

The Management of the BNP Paribas has committed to ensure compliance with AML / Embargo & Sanctions rules within the entire Group. In this context, Group Compliance has decided to establish a strong and permanent set-up within the US: Group Financial Security U.S. (“GFS U.S.”).

The objectives of this unit include:

• Having the responsibility for the BNP Paribas Group framework in relation to Compliance with US Sanctions;
• Ensuring a legal watch in relation to US Sanctions in liaison with Legal Affairs
• Issuing norms, policies and procedures in relation to Sanctions and applicable across the BNP Paribas Group 
• Providing advice on situations linked to US Sanctions across the Group
• Acting as the ultimate level of management of the US Sanctions – related alerts,
• Acting as the sponsor of tools used to filter flows against embargo / sanctions lists
• Risk assessing the Group’s branches & affiliates regarding non-compliance issues through a permanent risk oversight
• Performing on-site controls within BNP Paribas Group to verify that BNP Paribas entities comply with norms issued by GFS-NY.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work. 
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus: 
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level. 
• Compliance Culture and Conduct: 
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities: 

The OFAC Sanctions Advisory team, composed of 8 staff, is one of the six departments composing Group Financial Security in the U.S.

The OFAC Sanctions Advisory team is mainly responsible to:

• Provide decisions, as the ultimate level within BNPP Group, in relation to US Sanctions on business initiatives, prospective or existing relationships or deals
• Manage and maintain required documentation to satisfy the audit trail requirements
• Contribute to the Norms (procedures, trainings and sanctions derogations requests) in relation to Sanctions
• Partner closely with businesses and Compliance counterparts worldwide to understand issues, to process accordingly and provide opinions towards resolution

• Stay Ahead of the Curve:
  • Maintain a deep understanding of evolving U.S. sanctions regulations and help develop our Sanctions Advisory procedures and guidelines to respond to these changes effectively. 
• Own Your Cases:
  • Manage Sanctions Advisory cases end-to-end, including conducting thorough analyses, assessing regulatory permissibility, evaluating mitigants, and issuing documented recommendations to decision-makers.
• Review and Decide:
  • Review proposed decisions from other Advisory Specialists (you will be appointed Delegation Holder) and make final determinations on client relationships and deals within your delegated authority. These decisions entail significant responsibility and impact for the Client and Local Compliance, and therefore, we expect accountable and conscientious individuals to fill this role.
• Present and Collaborate:
  • Present your cases and recommendations to the Case Management Committee; Team KPIs and projects to Sanctions Committee, GFS Board … or any other peers or senior management committees.
• Uphold Our Standards:
  • Ensure that your cases and those of your team are handled meticulously, with a focus on completeness, audit trail, timeliness, and follow-up, through the performance of LOD1 controls.
• Engage and Influence:
  • Participate in and present at GFS-managed committees (such as the Advisory or Screening Forum) as the Advisory representative, shaping our approach to sanctions compliance. 
• Drive Special Projects:
  • Contribute to ad-hoc projects, pushing our initiatives (including AI) forward in a fast-paced, global environment.
• Mentor and Develop:
  • Enhance the sanctions expertise of the overall team, especially junior team members, through training, knowledge sharing, and guidance, fostering a culture of continuous learning and improvement.
• Lead and Manage:
  • As your role evolves, you may take on management duties for a small team, providing guidance, support, and leadership to help them achieve their goals and contribute to our collective success. You will help shape the team's strategic direction and handle the processes for budget proposal and management.
• Build Strong Partnerships: 
  • Collaborate closely with other members of the Advisory team, GFS US teams, and compliance officers based in Paris and throughout the BNPP Group's global network (spanning over 60 countries).

Minimum Required Qualifications:

• Hold an undergraduate degree in Compliance, Criminal Law, International Relations, Finance, or a related field.
• Bring 8 to 10 years of experience in Compliance and/or the banking environment to the table.
• Demonstrate strong analytical, investigative, and research abilities, leveraging available information, documentation, and open sources.
• Possess strong organizational skills and exceptional attention to detail.
• Have proven management skills to lead and support a team effectively.
• Exhibit excellent written communication skills and reporting abilities.
• Prove your ability to:
  • Manage multiple investigations and inquiries concurrently and meet tight deadlines.
  • Collaborate effectively with others in a fast-paced environment.

Preferred Qualifications:

• Familiarity with corporate and retail banking products & services.
• Understanding of OFAC sanctions.
  • Knowledge of BNP Paribas Group activities and organization is a plus.
• Proficiency in French is an asset.
• Very good command of the Microsoft suite.

FINRA Registrations Required:  

• Not Applicable 

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $185,000 to $240,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential. 

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

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