Financial Security Officer, AML Surveillance - Analyst

Company purpose:

Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.

Our employer promise is built around three pillars:

• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people

Business area

CIB UK Compliance is an independent function responsible for providing specialist advice and support to UK Senior Management, business lines and functions in adhering to internal controls and external rules and managing compliance risks. 

The function typically acts as a second line of defence covering areas including; controls, assurance, monitoring, professional ethics, training and competence, whistleblowing, money laundering, market abuse, financial security and regulatory liaison.

UK Financial Security (“UKFS”) team has oversight responsibilities for; anti-money laundering (including PEPs and other high-risk clients), sanctions & embargoes and anti-bribery and corruption. The Head of UK Financial Security & UK Money Laundering Reporting Officer (MLRO) leads the team covering the following areas. 

• Advisory
• AML Surveillance
• Anti-Bribery and Corruption
• Anti Facilitation of Tax Evasion
• Anti-Proliferation Financing
• Financial and Trade Sanctions
• Risk Assessment
• Investigation and intelligence
• Transversal financial security topics such as horizon scanning, training, policy.

The UKFS team performs a number of functions, which include:

• Supporting and assisting senior management with adherence to applicable laws and regulations, as well as operating to high standards of business and ethical integrity;
• Interpreting applicable laws, regulations and standards and advising BNP Paribas CIB London staff;
• Providing training where appropriate to staff on a number of relevant laws, regulations and standards;
• Monitoring and reporting on BNP Paribas CIB London and staff compliance with laws, regulations and standards (including where these may differ from between UK requirements versus EU laws and Group requirements.

Job purpose 

To support the Head of AML Surveillance and team and ensure that the CIB UK implements and maintains a compliant and effective systems and controls framework for AML Transaction Monitoring and AML Name Screening.

Key responsibilities

• Support the team in the provision of accurate and timely advice to the business in relation to AML Surveillance including both AML Transaction Monitoring & Name Screening.
• Assist the team in the operation and on-going review/assessment of the AML Transaction Monitoring systems and processes for CIB UK. 
• Assist in the implementation and maintenance of local and group policies and procedures
• Assist in the tracking and monitoring of escalated risks and issues.
• Analyse external developments in guidance, regulation, legislation and fines as required.
• Supporting the team to provide oversight of the regular review and/or changes to system configuration, parameters and thresholds to ensure effectiveness and efficiency.
• Maintain up-to-date awareness and understanding of UK requirements, particularly in relation to Anti-Money Laundering, Financial Sanctions and FCA Handbook (in relation to Financial Crime) and FCA Financial Crime Guidance.
• Contribute to the production of formal reporting to financial crime related committees and fora.
• Quality Assurance of alert handling activity performed by near-shored teams in BNPP Lisbon.
• Provide project support as needed.

Requirements

• Technical and broad understanding of compliance in the field of financial crime prevention.
• University degree as an indicator of an ability to understand and apply complex Compliance theoretical concepts, or via equivalent business experience.
• A developing knowledge of BNPP, its products and services and the broader industry.
• A strong personal focus on accuracy and attention to detail and able to prioritise workload based on changing business needs.
• Enthusiasm to analyse and solve problems, learn and master new topics. 
• An ability to communicate concepts and ideas clearly and effectively, in oral, written and visual forms.
• Good written and oral language skills.
• Skilled in the use of a range of standard computer software, e.g. Microsoft Office and the capability to learn the use of compliance systems and software.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

• Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
• Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:

Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal opportunities

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

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