Business Overview:

Payments and Clearing Solutions (PCS) provides a full array of International and Domestic Cash Management Services (Customer Payments, Financial Institution Transfers, ACH and Check Collection Services) to our international and domestic banking customers and internal departments.  Additionally, is responsible for a broad range of monitoring, regulatory screening and reporting functions for operational control and end-of-day reconciliation. PCS processes on a regional platform, where a portion of US activity is processed in Montreal and a portion of Montreal’s activity is processed in New York. This is being done for a few reasons, the most important of which is for business continuity and resiliency.  PCS is comprised of the following sub departments: Payments & Level 1 Sanctions, Sanctions Enforcement and Exceptions, Client Support Services, PMO/Orga and Data Governance.

The Payment & Level 1 Sanctions specialist is responsible for delivering complete Funds Transfer Services with an emphasis on high quality, timeliness and accuracy to internal/external customers by incorporating experience and industry knowledge in the daily workflow.  

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: 

• Work hours and Tasks duties: Dependent upon Shift.
• Provide Payment Services and Level 1 Sanctions coverage between 9 PM – 6 AM. (Opening-shift)
• Provide Payment Services and Level 1 Sanctions coverage between 5 AM – 3 PM. (Mid-shift)
• Provide Payment Services and Level 1 Sanctions coverage between 10:15 AM – 7:15 PM. (Closing-shift)
• Transaction processing in one or more of the company’s internal operations to support domestic and international customers for payment and check processing service functions.
• Perform first level review of obvious false positive (payments/Swift and non-SWIFT messages) that are stopped in our various filtering systems.
• Escalate questionable and exact matches to the level 2 team (SEE) for review
• Ensure instructions are executable, properly authorized or signed, or authenticated where applicable. 
• Correction of transactions received via automated feeds with improper formatting and or items previously disapproved by verifiers.   
• Awareness of daily work levels and achieves set standards and goals.
• Identify and take prompt action on priority items.
• Monitor and control all activities across all sections of Payment Services, Check Processing and ACH. 
• Ensure adherence to all external regulatory and internal policy guidelines as dictated by the position.
• Perform other support operations functions as required.
• Foreign exchange processing duties, which include, buying and selling foreign currency, entering, verifying wire transfer. 
• Verify figures with the Trading group for Funds Control to ensure both areas are starting with the same opening position. 
• Monitors and records all intra-day activity as received from the Traders, then compares position with Payment Services to ensure Back Office has communicated all the necessary payment instructions. 
• Must have the ability to identify and resolve intra-day position for funds control and reconciliation through various reports.  
• Responsible for end of day proof and reconciliation.
• Ensure CHIPS Prefunding is properly executed at Start of Day and ensure appropriate Holds are in place. 
• Perform OFAC Validation for all list updates and ensure system is filtering properly. 
• Share in the rotational coverage of all functions within the area.
• Participate in the department’s educational program through tutorials, training sessions, etc.
• Extended hours/holidays may be required at times to meet operational needs.
• Contributes directly to the Permanent Operational Control device: by applying the procedures, by carrying out the monitoring and by alerting his superiors to any malfunction.

Minimum Required Qualifications:

• Work during shift hours indicated and perform tasks according to shift schedule.
• Excellent communication and organizational skills. 
• 1 year of experience (preferred not mandatory) in the field of banking operations.

• Concern for quality, accuracy, and attention to detail.
• Self-motivated, ability to multi-task and work well under pressure.
• Customer service and Team oriented.
• Candidate must have basic PC literacy.

Preferred Qualifications: 

• Basic knowledge of Banking Industry.

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 $60,000 to $70,000 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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.