What is this position about?

Member of the WM APAC AML Transaction Monitoring Hub. The APAC AML Transaction Monitoring Hub currently manages all the automated alerts for Hong Kong, Singapore and Taiwan.

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

Primary Role Responsibilities

In this role, you will

•    Handle automated alerts generated by AML/CFT Transaction Monitoring tools or AML/CFT Transaction Monitoring queries and identify automated alerts requiring further analysis or investigation, according to desktop procedure describing the operational implementation 

•    Analysis work at L1 will involve making reference to KYC and Client information system, transaction details and previously escalated alerts to understand usual and expected client behavior to contextualize the alert transactions. For alerts which require further clarification, the analyst is required to communicate with the Relationship Managers to understand further on the transaction

•    Produce high-quality documentation to record decision and rationale based on the facts and the potential ML/FT risk identified.

•    Ensure alerts are treated in a timely manner i.e. review and escalate to L2 or close within an indicative turnaround time of the Automated Alert detection date. Meet the expected daily alert processing volume

•    Follow-up on any remediation work that may arise from Quality Assurance and control testing  

•    Provide support on change management projects, pursuant to management requests or necessitated by events such as local & global internal audits and periodic inspections by the regulatory authorities. 

Other contributions

•    A self-starter with the organizational skills and ability to work independently, applying sound judgment and rationale for decisions made.

•    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 preferable with some experience of dealing in multiple countries in Asia Pacific. 

•    Good PC skills, Advanced Excel and Visual Basic (VBA) skills will be beneficial.

•    Good understanding of the WM business procedures and policies, product knowledge, related risk of the process and products, AML/FT environment, Financial security related knowledge, and the relevant risk mitigation and controls procedures. 

•    Demonstrated ability to streamline review processes.

What is required for you to succeed?

•    SG & HK Regulatory requirements knowledge in the fields covered by the Domain, notably on Order taking process, Suitability framework, transaction monitoring (ML/TF)

•    Team player, mature and independent with good interpersonal skills

•    Meticulous, good analytical and communication skills (both verbal and written)

•    2 to 5 years of experience in Audit or Operational Risk or 1st/2nd lines of defense. Prior experience in Suitability review or ML/TF related topics will be beneficial.

Required education/certification/licenses

•    Minimum tertiary education 

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