About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.
About Businessline/Function :
CIB Client Engagement and Protection IT having focus on applications servicing Client Lifecycle management, Due Diligence /KYC , Customer Relation Management, Service Request Management, Referential, Transaction monitoring (AML), Data & Document Platform.
Landscape includes projects that are a mix of established and some under transition to new platforms, custom developed as well as commercial products. Teams are in EUR, NA, India working in a distributed mode following Agile practices, CI-CD DevSecOps Practices with focus on Automation Testing coverage, monitoring tools, observability.
Job Title:
AML Business Analyst
Date:
Department:
CIB IT Transversal
Location:
Mumbai
Business Line / Function:
CIB IT
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
The CE&P – AML IT team is in charge of AML Monitoring tools for CIB and all regions. AML Monitoring tools are mainly used by Financial Security Compliance and CIB ITO LoD1.
The role is Business Analyst in the AML Monitoring Global Market domain with experience of working within a dynamic and demanding environment reacting to changing business needs who works equally well as an individual or as part of a team. The candidate will have extensive experience working with various products such as OTC, Equities, Fixed Income, Commodities, FX SOPT/Future, and Derivatives. The candidate will be responsible for analyzing business requirements, identifying gaps, and providing solutions to meet business needs. The candidate will work closely with stakeholders, including traders, risk managers, and IT teams, to ensure that business requirements are met, and projects are delivered on time and within budget.
Responsibilities
Direct Responsibilities
- Work In partnership with Compliance users and the IT team to plan and drive initiatives for the Compliance AML function.
- Analyze functional & system processes, do data-mapping, extract data to validate
- Develop/Write Project initiation documents and Business Requirements with Compliance users
- Create Functional & Technical Specifications document and all related project artifacts
- Develop & Execute Test plan (Including writing Test Cases and Traceability Matrix)
- Work with Compliance to identify appropriate AML Models to cover various scenarios and validate existing models.
- Define specifications for AML Monitoring models in Actimize application
- Match user requirements to vendor solutions
- Conduct Workshops to refine requirements
- Define Dashboards/Workflows/Reports for AML platform
- Develop Test Plan, Test Cases, and conduct System Testing
- Assist/Manage IST/UAT process
- Work with testing team to define test scenarios and execution
- Ensures adherence to Bank and information systems policies and procedures, security measures and audit standards.
Contributing Responsibilities
- Contribute towards knowledge sharing initiatives across the team
Technical & Behavioral Competencies
Mandatory
- Extensive experience working with various products such as OTC, Equities, Fixed Income, Commodities, FX SOPT/Future, and Derivatives and AML Monitoring is needed
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills and Good understanding of AML and Bank Secrecy Act.
- Extensive experience in working with business and technical teams to define requirements, Functional and Technical specification, establish technical strategies
- Knowledge of Global Market transactional data sources, flowing through the Compliance and Regulatory frameworks using ETL processes
- Knowledgeable in corporate data governance benchmarks and good working knowledge in implementing data processes for Anti Money Laundering solution
- Experienced in implementing various data lineage mechanisms to meet regulatory requirements.
- Excellent communication skills with the ability to explain complex technical issues in a simple concise manner
- Ability to present multiple solution options, business/functional analysis & design and drive projects to meet business needs.
- Hands-on experience with SDLC methodologies and best practices including Waterfall Process, Agile methodologies.
- Experience with Actimize (specifically, SAM 8, and Enterprise Risk Case Manager) or Mantas or similar AML platform
- Good understanding of Data Analysis and Data Mapping
- Experience in writing Project Initiation Document, Business Requirements doc, Functional Specifications and Test Plans for Corporate and Institutional Banking.
- Excellent communication skills (written and verbal) with the ability to explain complex issues in a simple concise manner
- Strong coordination/organizational and presentation skills.
- Highly motivated and self-directed with Multi-tasking capabilities.
- Experience working with project teams at multiple geographic locations
Success in the role is heavily dependent on the ability to work cooperatively with both business users and technical teams onshore and offshore.
Nice to Have
- Knowledge of Security Services will be an asset
- Experience in Data-Warehouse architectural design and providing efficient solutions in Compliance AML data domains.
- Knowledge of Informatica/Ab Initio or any ETL tool
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Organizational skills
Communication skills - oral & written
Ability to collaborate / Teamwork
Attention to detail / rigor
Transversal Skills: (Please select up to 5 skills)
Ability to anticipate business / strategic evolution
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Choose an item.
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 5 years
Other/Specific Qualifications (if required)
