Job Title: Assistant Vice President – Sanctions and Embargoes, Level A
Department: India CoE Compliance Hub
About Business line/Function: India CoE Compliance Hub enables safeguarding the Group’s reputation and mitigating the risks across all business lines by supporting the Compliance functions globally. Currently, the India CoE Hub is structured into divisions aligned with the areas they serve, offering services for Group Compliance COO TOP, trade surveillance, electronic communications monitoring, transversal risk management, personal account dealing, MIS, and project support. The team collaborates closely with business partners worldwide.
Position Purpose: The Sanctions and Embargoes Level A Team Leader's role is to lead a Level A Sanctions & Embargoes team. Level A Sanctions & Embargoes Teams perform the first, quick triage of alerts produced by the Group’s Sanctions & Embargoes payments filtering system. Level A Analyst must recognise obvious false hits and release the payments linked to these, escalating other alerts to Level B1 teams for further analysis and investigation.
Responsibilities
· Ensure that the team delivers a timely and accurate delivery of analysis by ensuring alerts are correctly prioritised, promptly reviewed, correctly analysed and the right drop-down menu decisions selected.
· Provide guidance to team members faced with novel and unclear situations in the analysis of alerts.
· Ensure the timely and effective recruitment of team members by pushing forward all stakeholders in the recruitment and onboarding process, selecting candidates judiciously and ensuring a smooth onboarding process for new-joiners.
· Ensure the proper training of newcomers by organising the training plan.
· Act as a role model to team members in contributing to transversal topics (e.g. sharing of best practice across the Compliance Hub).
· Motivate the Team to contribute to the continuous improvement of processes and tools by encouraging them to identify and measure process inefficiencies or tool deficiencies, escalating these so that proposed changes can be assessed and sharing bet practice with other Compliance Hub Teams.
· Ensure that the teams have the appropriate level of competence, by organising, with Global team, training of new recruits, making sure that the team members have a good understanding of their duties and of the procedures and decision grids, and that the team undertake the training programmes
· Manage communication with GFS by relaying instructions from Global teams to the local team, ensuring these are well understood and informing Global Teams of anything relevant regarding the local team and the activity.
· Contribute to and follow up on quality assurance actions according to the control framework.
· By assessing performance regularly and providing recommendations on compensation and objectives.
Technical & Behavioral Competencies
· Decision Making
· Organisational skills
· Ability to develop and adapt a process
· Ability to deliver/Results driven
· Ability to share/pass on knowledge
· Communication skills - oral & written
Specific Qualifications:
10+years’ experience in banking & Financial operations covering successful projects planning and delivery preferably in Compliance or Financial domains.
Graduate / Postgraduate in Economics, Finance and Accounting or related field
COMPLIANCE Fircosoft knowledge would be helpful
Location: Chennai
Availability: Able to work Night Shift, including Sundays and Public Holidays
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
