Offers “Bnp Paribas”

Expires soon Bnp Paribas

Compliance Officer (FS Norms and Procedures Advisory Focus)

  • Internship

Job description

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 17,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 73 markets with more than 196,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you're valued as part of the team.

* excluding partnerships

Position Purpose

· Direct contribution to the Bank's operational permanent control framework

Key Responsibilities

1. STRs

· Collect and analyze the STRs filed in APAC and perform post STRs follow-up checks across the APAC region (incl. name search, follow up on FS & termination status, compilation of the STR master file for the region);
· Act as main point of contact to other BNPP investigation teams (eg. ISAR Team, US investigation team etc.) to perform name searches for the APAC region
· Collect the FSI for the APAC region on a monthly basis and prepare the related reporting

2. Lists management

· Provide advisory support and coordinate:
· the lists management process in APAC (incl. the review the ID cards and the coordination with the BIU team)
· requests from APAC territories to GFS Paris and/or US in relation to the Group lists (AML and Sanctions-related)
· Manage and clear the hits related to a new onboarding against the APAC AML Watch-List
· Coordinate and review the hits against the Group AML SOL List in the APAC region before escalation to GFS Paris

3. AML/CTF Framework in APAC

· Provide advisory and administrative support to improve BNPP AML/CTF detection framework and tools & strategy for the APAC region
· Provide advisory support to the APAC FS Sanctions Advisory team on the sanctions framework, when required
· Participate and contribute in relevant Group/Regional initiatives, projects and committees on (i) AML/CTF, (ii) external corruption, (iii) non-complex sanctions and (iv) and transversal FS related topics

4. Norms and Procedures

· Provide reasonable assurance to FS APAC Head that AML related norms and procedures of the group are effectively implemented and transposed
· Provide advisory support and coordinate:

i. The Group-AML/CTF-related policies

ii. Non-complex Group sanctions-related policies; and

iii. Transversal Group FS-related policies'

consultation, feedback and implementation within APAC Region

(together the Group Policies under the NAP Team Remit );

· Provide support, review and coordinate the end-to-end process relating to exception request(s) and/or derogation request(s) for the Group Policies under the NAP Team Remit;
· Broadcast new Group Policies under the NAP Team Remit and sanctions-related Bulletin to the relevant stakeholders in the APAC region;
· Maintain the FS library with the main AML/CTF and sanctions-related Group and local procedures and policies;
· Act as main point of contact for documents request(s) on AML/CTF and sanctions-related topics arising from Inspection Generale and/or regulators

5. Reporting; risks assessments

· Provide support to the APAC Head of AML Adv., NAP & Corporate Coverage Compliance to animate the new APAC AML Steerco
· Represent the APAC region in the various BNPP committees relating to AML/CTF and external corruption
· Prepare the AML annual activity report for the APAC Region
· Contribute to the reporting of AML/CTF topics for the APAC region (incl. GFS Board and CCIRC)
· Act as main point of contact, coordinate and/or contribute to regulatory requests (from APAC regulators or ACPR)
· Contribute and coordinate to the Group/CIB Compliance Procedures reporting led by CCRM
· Contribute, coordinate and validate (either as Contributor or as Controller 2) the FS risks assessments for the APAC region (Agora, FS Compass, Risk Classification and RCSA); and
· Contribute to the US Annual Due Diligence Recertification questionnaires on behalf of the APAC territories

6. Training

· Produce generic AML/CTF training material for the APAC Region and review them on a regular basis
· Produce support to the APAC FS Sanctions Advisory team on non complex sanctions, when required
· Review and validate local AML/CTF training material as per the Group requirements
· Organize training on AML/CTF for the FS community
· Organize the yearly (i) FS/KYC Seminar and (ii) the AML Expert Seminar for the APAC region
· Provide assistance to the APAC FS Sanctions Advisory Team in organizing the annual Sanctions Expert Seminar, if needed
· Contribute and participate, if required to internal seminar(s) on FS topics (e.g. new joiners' seminars etc.)
· Coordinate and validate the ACAMS certification process for the APAC region

7. Others

· Provide advisory and support to the CCRM Team in relation to the FS GCP controls on AML/CTF topics
· Generally provide support to the APAC Head of AML Adv., NAP & Corporate Coverage Compliance

Ideal candidate profile

Qualifications :

Competencies (Technical / Behavioral)

·  University graduate with relevant professional qualifications and at least 5 years ‘hands-on experience in advisory role particularly on key banking products
·  Good knowledge on key corporate and investment banking products such as cash management debt capital market, trade finance and structured finance transactions
·  Good knowledge of the evolving international AML/CFT standard (FATF, EU directives) and key developments as well as understanding of the main AML laws and regulations in APAC (HK & SG at least)
·  Strong interpersonal and communication skills
·  Robust analytical and risk management mindset
·  Exercise critical-thinking with ability to make strategic decisions based on sound judgement
·  Ability to work independently in a challenging and fast changing environment
·  Agility and ability to change and goal-oriented
·  Asian language capability, especially in Mandarin is desirable, but not essential