The bank for a changing world

We are looking for

Associate/Ass Level 1 - Lisbon Screening

Apply REF: CLI000673


About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It 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. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.



About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.



About Businessline/Function :

The KYC Due Diligence team in ISPL is responsible for the Preparation of files due for periodic reviews (Recertification) for existing customers and (Onboarding) for new clients of BNP Paribas across multiple countries across APAC, EMEA and America. The role of a Due Diligence Officer primarily consists of…

- Reviewing details of previous KYC performed

- Performing a Pre analysis to determine outstanding information required

- Identifying Key players of the file and running background checks

- Updating the KYC tool with the results of the review (Data + Evidence)



Job Title:

KYC Recertification Preparation Officer

Date:

05 April 2019

Department:

Client Management Operations (CLM Ops) / KYC Due Diligence Team

Location:

Mumbai

Business Line / Function:

Operations

Reports to:

(Direct)

Sumit Arora

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

 

Position Purpose

The KYC Due Diligence team in ISPL is responsible for the Preparation of files due for periodic reviews (Recertification) for existing customers and (Onboarding) for new clients of BNP Paribas across multiple countries across APAC, EMEA and America. It is extended team working with onshore counterpart to support completion of KYC on all existing and new clients of BNP Paribas.

Responsibilities

· Perform the required KYC screenings on customers documenting the information obtained on the clients as required by global KYC procedure.

· Obtain mandatory documents and reports as per KYC requirements

· Perform necessary checks to identify politically exposed persons, sanctioned, Adverse Information on individuals and entities and mitigate risks associated with financial crimes.

· Implement additional steps, validating KYC risk compliance bases on research of customer records

· Constant and regular review of processes and areas to be in line with the new developments and gain efficiency.

· Ensure data and documents are entered (scanned and archived) into systems properly

· Ensure the files pass all quality and control reviews. Escalate concerns / issues as needed as company guidelines and local requirements.

· Communicate within the team, Compliance, the business and IT.

Other Functions

· Contribute to the implementation of Permanent Control policies and procedures in day-to-day business activities

· Active participation in regular review of operational procedural changes /requirements during processing functions / staff meetings 

· Active participation in Projects / System Changes / UAT / new system implementation when required.



Technical & Behavioral Competencies

.1 Good communication skills is a pre-requisite
1.2 Accuracy and rigor
1.3 Team player
1.4 Fluent in English; Knowledge of French or a foreign language would be a plus
1.5 Adaptable flexible approach to the working environment

       1.6 Ability to work on multiple IT systems
       1.7 IT literate and familiar with Microsoft Office (Excel to macro level), PowerPoint

Specific Qualifications (if required)

2.1 University Graduate
2.2 More than 2 years’ experience in Banking Industry with min. 1 year in KYC due diligence is a strong plus
2.3 Sound knowledge of the on boarding/ KYC recertification process
2.4 Knowledge of the global and local regulations related to banking and financial services. 

Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 3 yearsSchedule: Full-time Behavioural competency: Ability to collaborate / Teamwork, Adaptability, Attention to detail / rigorTransversal competency: Ability to understand, explain and support change, Ability to develop and leverage networks, Ability to develop and adapt a process