Assistant Vice President – Investigations Analyst
The Management of the BNP Paribas has committed to ensure compliance with Sanctions Embargo for the entire Group. In this context, Group Compliance has decided to have a strong and permanent set-up within the US: Group Financial Security U.S. (“GFS U.S.”). The objectives of this unit include:
- Having the responsibility for the BNP Paribas Group framework in relation to Compliance with US sanctions.
- Ensuring a Sanctions Notices are disseminated in relation to US Sanctions in liaison with Legal.
- Issuing norms, policies, and procedures in relation to sanctions as applicable across the BNP Paribas Group.
- Providing advice on situations linked to US sanctions across the Group.
- Acting as the ultimate level of management of the US sanctions – related alerts.
- Acting as the sponsor of tools used to filter flows against embargo/sanctions lists.
- Risk assessing the Group’s branches & affiliates regarding non-compliance issues through a permanent risk oversight.
- Performing on-site controls within BNP Paribas Group to verify that BNP Paribas entities comply with norms issued by GFS U.S.
Responsibilities of the Assistant Vice President - Investigations Analyst in the OFAC Alerts Investigations (“OAI”) team within GFS U.S.:
The Investigations Analyst has primary responsibility, under the supervision of the Deputy Head of OAI, for day-to-day work on:
Investigations related to:
Compliance/business requests for OFAC Licenses;
OFAC RFIs (subpoenas and informal requests); and
Apparent violations of OFAC sanctions requirements
In consultation with senior members of the OAI team, drafting of filings with OFAC, including
OFAC licenses applications, renewals, and associated reports;
Responses to OFAC RFIs (subpoenas and informal requests); and
Sharing sanctions-related information with OFAC
Implementation and day-to-day responses to OFAC Interdiction Requests;
Participation in the VSD Committee and other related internal governance committees;
Entry in the OAI case management systems that cover all the various activities for which OAI has key responsibility and generating metrics on the OAI team activities from those databases;
Updating of internal desk procedures related to the above areas of responsibility.
In addition, the Investigations Analyst assists the senior OAI team members in:
Providing guidance on OFAC sanctions transactional issues and inquiries raised by Group businesses, operations, and Compliance personnel globally;
Other matters under the OAI’s team responsibility (such as disposition of alerts in the escalation tools; list management issues, sanctions notices, desk procedures, etc.);
Acting as OFAC subject matter expert, participate in training programs and providing guidance and feedback on OFAC sanctions issues in sanctions-related documents (internal procedures, training decks, guidance documents, etc.).
The Investigations Analyst contributes to the key responsibilities of the OAI team. This is an exciting opportunity for the right candidate to join a Group-wide function in a highly visible position. The Investigations Analyst directly reports to the Deputy Head of OAI.
Undergraduate degree, finance or business related majors. Graduate degree a plus.
2-3 years’ experience in a banking environment.
1-2 + years’ experience in Sanctions Compliance or Sanctions Investigations.
National and international payment systems.
US-Sanctions regime and operational impacts.
Knowledge of banking products & services.
Strong computer skills and analytical and investigative skills.
High ethical standards.
Flexibility to adapt to a new and changing environment.
Strong verbal and written communication skills and a high level of detail orientation and organization.
Ability to work well with others in a fast-paced environment.
Knowledge of BNP Paribas Group activities and organization a plus.
Legal background a plus.
French language skills a plus.
- Not Applicable