Job Title: Associate – AML L1 Transaction Monitoring

Department: Client Engagement & Protection - ISPL

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 support

Purpose: 

Direct contribution to the Bank’s operational permanent control framework.

Direct Responsibilities

• Review and assess alerts for money laundering risk through BNP Paribas' transaction monitoring system (Actimize-AML CIB) within agreed timeframes and liaise with Operational and Compliance teams to understand the process for payments and related monitoring requirements in each jurisdiction.

▪ Conduct Due Diligence investigations for AML Monitoring Teams of suspicious payments and close false positive alerts or escalate suspicious payments to AML L2 teams for further investigation.

▪ Maintain an appropriate audit trail and documentation in all instances, in order to evidence/support the review and resolution of each payment alert.

▪ Ensure management is made aware of all pressing issues (escalations, blocking points, etc.) in a timely fashion.

▪ Contribute with suggestions to enhance systems, methodologies and process simplification.

▪ Support effective capacity management across the department. 

Contributing Responsibilities 

At least 3 years’ experience in banking /financial industry or handling AML transaction monitoring and

investigation.

· A good understanding of corporate banking and trade finance transactions.

· Familiar with international AML regulations and sanctions.

· Good communication skills and eager to learn.

· Proactive and alert to AML risks.· Analytical and with an investigative eye for accurate details and red-flag situations.

· Ability to work in a team as well as independently.

· Ability to write concisely and clearly; and to produce clear constructive advice under pressure and within

short timeframes.

· Must evidence an attention to detail and have an investigative and questioning nature.

· Must have 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 preferably with some experience of dealing in multiple countries.

Specific Qualifications:

Bachelor's degree or equivalent from an accredited institution (e.g. ICA or ACAMS). Post-graduate degree or law degree may be a plus. Asian language capability is desirable, but not essential. It is required one of the following languages: English (Fluent).

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Ability to develop and adapt a process 
• Ability to understand, explain and support change 
• Analytical Ability
• Ability to develop others & improve their skills

Behavioral Skills: 

• Ability to collaborate/Teamwork 
• Attention to detail/rigor 
• Communication skills – oral & written
• Ability to Synthetize/Simplify

Education Level: Bachelor’s Degree or equivalent

Location: Bengaluru

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.