The Management of
BNP Paribas has committed to ensure compliance with AML / Embargo &
Sanctions rules within the entire Group. In this context, Group Compliance has
decided to have a strong and permanent set-up within the U.S.: Group Financial
Security US (“GFS U.S.”).
The objectives of
this unit include:
- Having the
responsibility for the BNP Paribas Group framework in relation to
Compliance with U.S. Sanctions;
- Ensuring a
legal watch in relation to U.S. Sanctions in liaison with Legal Affairs;
- Issuing norms,
policies and procedures in relation to Sanctions and applicable across the
BNP Paribas Group;
advice on situations linked to U.S. Sanctions across the Group;
- Acting as the
ultimate level of management of the U.S. 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;
on-site controls within BNP Paribas Group to verify that BNP Paribas
entities comply with norms issued by GFS U.S .
the On-Site Controls (“OSC”) team (from Group Financial Security – On-Site
- Review the
adequacy and effectiveness of the Financial Security framework within the
BNP Paribas Group.
- Assess if BNP
Paribas’s branches, affiliates and global business lines comply with
regulations / Group requirements in the area of Financial Security.
- GFS OSC is
based in New York and Paris. GFS OSC is comprised of experienced reviewers
who travel internationally to execute a risk-based compliance review plan.
- GFS U.S.
On-Site Controls is primarily responsible for reviewing compliance with Financial
Sanctions and in particular OFAC-specific requirements for entities not in
the GFS Paris OSC scope.
GFS Paris OSC leads
reviews on Financial Security (Financial Sanctions, Anti-Money Laundering,
Counter Terrorism Financing, Anti Bribery and Corruption) for all businesses
and entities in France, Belgium, Italy, Luxemburg and Germany or belonging to
the Domestic Market Operational perimeter supervision.
The OSC AVP will
report to a GFS U.S. OSC Vice President (VP).
The OSC AVP as part of a team, will undertake review assignments in accordance with an
approved plan; provide a high level of assistance in the conduct of reviews;
and contribute to the maintenance and enhancement of stakeholder relationships.
The OSC AVP possesses an understanding
of audit, risk, compliance, banking, and/or product knowledge and executes review
work in accordance with Group Financial Security Group policies and procedures.
The portfolio of reviews
provides exposure to: Sanctions (OFAC, EU, UN, local regulations), KYC, AML,
Payments, Screening, Filtering, Systems audit, Training, professional ethics
Primary duties and responsibilities :
In this role, your
primary responsibilities include:
assigned review scoping and test work, under the supervision and guidance
of the OSC VP/Team Lead.
- Assisting in the drafting
of findings, remedial action plans and review reports.
- Delivering review
assignments that adhere to methodology and quality standards.
strong and effective time management.
- Participating in the
enhancement of OSC’s professional practices (methodologies, test plans,
RAPs and Review QA etc.)
- Supporting OSC
U.S. in executing special and ad-hoc projects.
requires at least 25-30% international travel to countries where BNPP has
offices, operations, or business interests which may include developing
countries. Extended stay up to five (5) weeks may be required.
This is an exciting
opportunity for the right candidate to join a Group-wide function in a highly
- 3 + years’
experience in a General Inspection or Audit role.
- 4 – 7 years’ experience in
a complex global financial services organization or Big4.
- Ability to
travel internationally and comply with travel visa requirements.
- High ethical
verbal and written communication skills.
analytical and investigative skills.
- High level of
detail orientation and organization.
- Flexibility to
adapt to new changing environment.
- Team player
with demonstrated track record in self-initiative and time management.
degree, finance or business related majors.
- Professional certifications: CIA, CISA, CAMS, CFE, CFA, etc.
- Experience in
Compliance with a strong knowledge of OFAC requirements.
knowledge of banking products and services.
- Knowledge of
BNP Paribas Group activities and organization.
knowledge of automated auditing techniques.
language skills a plus in particular French.
BNP Paribas is committed to
providing a work environment that fosters diversity, inclusion, and equal
employment opportunity without regard to race, color, gender, age, creed, sex,
religion, national origin, disability (physical or mental), marital status,
citizenship, ancestry, sexual orientation, gender identity and gender
expression, or any other legally protected status.