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 cross its European operations. The team will thus be dealing with areas including anti-money laundering, fraud, bribery, terrorist financing and high risk clients.
ROLE AND RESPONSIBILITIES
The primary responsibility of the team will be to conduct (in accordance with policies and procedures) the due diligence investigations for AML UARs sent by the business, close false alerts and escalate to onshore AML teams suspicious cases for further investigation.
Ensure a follow-up on the UARs that are pending for more data within the business
Suggest process simplification and systems and methodologies enhancements
Assist AML Compliance officers on how to treat a case (most difficult cases or when a new procedure/policy is issued)
Perform a 4 eyes control on the case declared closed by the junior compliance officers
Perform quality checks on the closed UARs
Make a decision to definitely close the case or escalate suspicious cases for further review and investigation to Level
Maintain an appropriate audit trail and documentation to support the evidence and resolution of each case
Prepare a quality feedback to the business on received UARs (monthly) to improve the relevance of the UARs
Keep updated on developments on KYC/AML/CFT/Sanctions laws and regulations and exchange with onshore teams (Compliance, back offices/business, Global Financial Security team, among others)
You want to take on new challenges and join a fast growing business. Within in the anti-money laundering and financing of terrorism activity, your job will be at the heart of the news. This position will allow you to acquire and develop your knowledge of compliance and financial security to evolve within the Function. 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, among others) which can offer you a genuine and promising career in banking compliance.
Strong degree-level academic qualifications
At least 1 year of experience in AML
Demonstrable understanding of regulation and the financial markets
Fluentcy in English and French is 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
Rigorous, well-organized with a structured and logical approach
Please note that only applications submitted in English will be considered.
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.