Business Overview:

The U.S. Financial Security Department (USFS) has a key role to play in continually guiding and coordinating the Financial Security Program for BNPP to keep pace with evolving industry practices and local regulations. Within USFS, there are six main areas: KYC, Sanctions, Transaction Monitoring, Transaction Monitoring and Optimization, FIU/BLRA/QA, and Project Management. KYC is seeking a VP-level advisor to provide compliance coverage primarily for Financial Institutions clients within Corporate & Institutional Banking.

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:

• Provide Compliance advice and support to Business Lines, Due Diligence Teams, and Compliance Management in matters pertaining to the Know Your Client (KYC) and Customer Due Diligence (CDD) processes;
• Conduct thorough reviews of, and provide detailed opinions on, escalations pertaining to the KYC, Know Your Intermediary (KYI), and Know Your X (KYX) processes, including policy questions, waiver/exception requests, and escalations for decision;
• Review and render Compliance decisions on clients posing heightened AML/CFT risk, including exposure to Politically Exposed Persons (PEPs), adverse information, sensitive or sanctioned jurisdictions, financial security incidents and opaque client structures;
• Participate in, and actively contribute to, local and/or global Client Acceptance Committee (CAC) meetings;
• Support the Passport and Reliance regimes through coordination and “One Voice” Compliance decision-making with global counterparts;
• Review and provide commentary on global KYC-related policies and procedures;
• Train and advise Business and Operational Support Teams on KYC policies and local regulatory requirements;
• Maintain local policies and procedures;
• Maintain user-defined lists for client screening and disposition-related escalations;
• Keep up-to-date and advise on regulatory initiatives impacting KYC/CDD/CIP requirements; and
• Support KYC Compliance on internal and external examinations, projects, and other priorities, as needed

Minimum Required Qualifications:

• Bachelor’s degree from an accredited college/university in Finance, Legal, Economics, or related discipline
• 7+ years of experience in the financial services industry or regulatory environment
• Strong background in financial security (i.e., KYC, AML, Sanctions, Bribery/Corruption)
• Strong time management and organizational skills, including experience in a control environment
• Familiarity across various client legal structures, including hedge funds, personal investment vehicles, investment managers, broker-dealers, as well as corporate client structures
• Knowledge of global markets products/services and prime brokerage activities
• Strong understanding of corporate governance and the AML/BSA/KYC regulatory environment
• Excellent written and oral presentation skills
• Ability to: 
  • Understand the importance of privileged and confidential information
  • Manage multiple projects and meet deadlines under pressure
  • Arrive early and work late, as needed (there will be early calls with global teams as well as urgent reviews with tight deadlines)

Preferred Qualifications:

• CAMS certification
• Prior compliance experience in an advisory capacity
• Familiarity with EU AML Directives
• Project management experience a plus

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 $115,000 to $190,000 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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