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, it 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 the US. 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.

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)
• Coordinate workflow across teams to assist Team Leader when needed by utilizing the payment system. Monitor activities and effectiveness of the Team when necessary. Enforce both bank and departmental policies and procedures.
• Responsible for administrative duties dependent upon shift.
• Awareness of daily work levels and achieves set standards and goals.
• Identify and take prompt action on priority items.
• Provides Back-up regarding compliance stopped payments/messages for potential violation.
• Ensure adherence to all external regulatory and internal policy guidelines as dictated by the position
• Perform other support operations as required.
• Provide backup where required to ensure coverage of all functions within the area.
• Ensure adherence to all external regulatory and internal policy guidelines as dictated by the position. 
• Perform other support operations functions to other areas within the bank as required.
• Perform first level review of transactions (payments/Swift and non-SWIFT messages) that stop in our various filtering systems.
• Review and analysis of wire transfers, ACH payments and non-payment SWIFT messages stopped.
• Participate in the department’s educational program through tutorials, training sessions, etc. 
• Ensure PCS’s Level 1 operations are conducted in the safest and most efficient manner possible.   
• Maintain the highest possible regulatory standards of quality, while minimizing risk to both the Bank as well as to our customers. 
• Keep abreast of changes, both regulatory and operational, which will have an impact on the department and the Bank.
• Escalate all compliance-related operations that may lead to a loss or client incident to management.
• Prepare and analyze various reports as needed.
• Handle all other administrative duties within the department dependent upon shift. 
• Contributes directly to the Permanent Operational Control device: by identifying the transaction risks, by applying and developing the procedures, by ensuring the formal nature, exhaustiveness and quality of the monitoring controls carried out, by alerting his/her superiors to any malfunctions and implementing plans of action to correct them.
• Process incoming ACH files for posting to member accounts.
• Ensures timely reconciliation of settlements received through the Corporate Bank and preparation of journal entry vouchers for posting.
• Repair any exception items, prepare returns, and balance files for reconcilement.
• Responsible for investigating and resolving member account discrepancies.
• Review daily Advance Notification Report and notify fraud department as appropriate.
• Reconciling daily ACH settlements to ensure complete and accurate posting of transactions to member accounts.
• Process daily ACH returns, Notification of Change (NOC), and Death Notification Entries (DNE) from the Federal Reserve Bank.
• Process members' ACH transfer request in core system.
• Recognize and identify ACH compliance issues and notify management when problems occur.
• Complete all assigned training and follow all BNPP policies regarding compliance issues including but not limited to the Bank Secrecy Act as well as ACH Certifications.
• Coordinate with internal auditors as required for periodic examinations.
• Liaison with BNPP ACH processors’ service providers and support ACH customers.

Minimum Required Qualifications:

• 3-5 years of experience in the field of banking operations and ACH Processing.
• Excellent communication and Organizational skills.
• Strong interpersonal skills and good judgment.
• Concern for Quality, Accuracy and Attention to detail.
• Self-motivated, ability to multi-task and work well under pressure.
• Customer Service and Team oriented.
• Extended hours/holidays may be required at times to meet operational needs.

Preferred Qualifications: 

• Degree from accredited college/university. (Preferred not mandatory)
• AAP Certification – Accredited ACH professional
• Strong understanding of Funds Transfer operations as well as the rules and regulations, which govern it, (this will include CHIPS, Fedwire, LYNX and ACH.)  
• Strong preference for previous banking experience with foreign exchange
• Knowledge of local clearing systems, SWIFT and the various formatting issues associated with them.        
• Industry Knowledge: Product knowledge of Wire Transfer and Check processing business.  This should be complemented with an understanding of Accounting and Regulatory background.
• Understanding of Regulatory awareness, and the regulations that govern it.
• Proficient knowledge and understanding of the OFAC processes and procedures.
• Excellent attention to detail and accuracy.
• Must be able to work in a team environment.
• Self-motivated and ability to multi-task in a high-volume and fast-paced environment.
• The candidate must be PC literate with a strong working knowledge of Excel, Word and Outlook.
• Knowledge of Payment applications: (Montran JGPS, EFSNX) and understanding of FX (Foreign Exchange) processing.

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 $75,000 to $85,000 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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