La banque d'un monde qui change

Due Diligence Officer (M/F)

Type de contrat

Standard / Permanent

Localisation

PT-11-Lisbon

Métier / fonction

PERIODIC CONTROL

Réference

16_060_CLM

BNP Paribas is a European leader in global banking and financial services and is one of the 4 strongest banks in the world according to Standard & Poor’s. The group is present in over 85 countries, with 205,200 employees, including 165,200 in Europe. The group holds key positions in three major segments: Corporate and Institutional Banking, Investment solutions and Retail Banking. Present throughout Europe and Middle East & Africa in all of its business lines, BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

 

Lisbon Due Diligence team is belonging to a global and regional organization with a presence in various CIB countries within BNP Paribas CIB Client Management. Its objective is to on-board new clients efficiently and to ensure a swift recertification process for existing clients within the framework of the CIB KYC Policy. The team contributes to protect BNPP against reputational, anti-money laundering, AML/CFT and fraud risks. It works closely with the Business and Coverage to fully understand the clients’ profiles and with Compliance to ensure that it provides all Regulators requirements. The KYC activity also includes the management of the client classification related to other regulations such as MiFID (when applicable) and Tax regulations (FATCA & AEOI). As such the Due Diligence role is to contribute to the overall client’s assessment in terms of KYC at one of the 3 steps of the process: Documents collection, Screening or Analysis.

 

RESPONSIBILITIES

 

Collection

  • Collect from public data sources, utilities, business lines and clients, all necessary documentation to perform the KYC
  • Chase missing information from various internal and external stakeholders with maximum efficiency
  • Prepare a complete documentation package ahead of the KYC recertification process

Screening

 

  • Perform background checks on adverse information, sanctions and PEPs on the bank’s screening software and external database
  • Assess relevance of the hits, compiling documentation needed to accurately validate or discount the hits
  • Screen at onboarding, recertification, ad hoc and partial reviews

 

Analysis

 

  • Analyse the Business requests and complete the KYC analysis as per the CIB KYC procedure
  • Identifie the client, contribute to clients risk score, identifie ultimate beneficial owner and all related individuals in the client’s organisation and ownership structure
  • Check accuracy of documentation uploaded in the data systems and analyse hits related to adverse information, sanctions and PEPs
  • Obtain business/ coverage opinion and sign-off of the client file, ensuring client files pass all quality and control reviews

SKILLS

 

  • University degree, preferably in Law / Regulation / Financial Security
  • Fluency in English – both verbal and written – is mandatory; French, German or Dutch is a plus
  • Excellent verbal, presentation and written communication skills
  • Team player
  • Rigorous and risk aware
  • Coordination and prioritization skills
  • Polyvalent, flexible and able to adapt
  • Agility with internal and external KYC and IT tools and servers, and Excel
  • Awareness of the 3rd European Money Laundering Directive and any local regulatory directives or requirements