BNP Paribas is a leading European bank with an international reach. It has a presence in 72 countries, with more than 202,000 Employees – including more than 154,000 in Europe and over 5,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group 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. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
CIB Compliance is recruiting AML Compliance Officers to staff the new Anti-Money Laundering Hub in Lisbon to deliver transaction monitoring services for CIB transactions undertaken by CIB across its European operations. The team will thus be dealing with areas including anti-money laundering, fraud, bribery, terrorist financing and high risk clients.
The primary responsibilities of the team will be:
Partnering with Anti Money Laundering (AML) Monitoring Teams within Compliance teams across Europe to understand the process for payments and related monitoring requirements in each jurisdiction.
Conduct due diligence investigations for AML Monitoring Teams of suspicious payments, closing false alerts and escalating suspicious payments for further investigation.
Reviewing and assessing alerts for money laundering risk through BNPP’s transaction monitoring system (Actimize-AML CIB) and liaising with business areas as necessary to investigate the alerts
The work will thus offer you a unique insight into the Corporate and Institutional Banking business of a leading European bank and the systems used to detect suspicious payments and other money-laundering risks. The Anti-Money Laundering Hub in Lisbon is part of a broader Compliance Hub encompassing a broad range of different compliance functions (e.g. training, sanctions screening…) which can offer you a promising career in banking compliance.
QUALIFICATIONS AND SKILLS
Strong degree-level academic qualifications.
Understanding of regulation and financial
Fluent in English (both oral and written communication).
Good command of other European languages (German, Cyrillic alphabet…)
is an advantage, although not mandatory.
- Good knowledge of
products/services offered by a bank to CIB clients.
Evidence of drive, curiosity, good judgment
and good attention to detail.
- Excellent team
spirit and ability to work with remote teams across multiple locations.
well-organised with a structured and logical approach.
Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.