Associate L1/Senior Associate - KYC

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. 

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 specialised 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 

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. 

About Business line/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. It is extended team working with onshore counterpart to support completion of KYC on all existing and new clients of BNP Paribas. 

Job Title: 

KYC Analyst 

Date: 

2024 

Department: 

Client Engagement & Protection 

Location: 

Chennai 

Business Line / Function: 

KYC due diligence 

Reports to: 

(Direct) 

Grade:  

(if applicable) 

(Functional) 

Due Diligence Head 

Number of Direct Reports: 

NA 

Directorship / Registration: 

NA 

Position Purpose 

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal. 

Responsibilities 

Direct Responsibilities 

Preparation of Compliance Documents for recertification 

1.1 Recertify the KYC forms (Due Diligence Package) for completion, 

1.2 Obtain mandatory documents and reports as per KYC requirements 

1.3 Perform necessary checks (3rd parties, website, and stock exchange) to complete the recertification preparation, including checks against local and global blacklists. 

1.4 Contact SBO to collect missing documents, opinions and sign off 

1.5 Get KYC forms and mandatory documents validated by onshore Due Diligence team 

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

1.7 Ensure client files pass all quality and control reviews 

1.8 Upon approval forward Due Diligence Information to Static Data Team for maintenance 

1.9 Escalate concerns / issues as needed 

1.10 Communicate within the team, Compliance, the business and IT 

Contributing Responsibilities 

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

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

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

Technical & Behavioral Competencies 

1.1 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) 

Skills Referential 

Behavioural Skills: (Please select up to 4 skills) 

Ability to collaborate / Teamwork 

Attention to detail / rigor 

Adaptability 

Communication skills - oral & written 

Transversal Skills: (Please select up to 5 skills) 

Ability to develop and adapt a process  

Ability to understand, explain and support change 

Analytical Ability 

Choose an item. 

Choose an item. 

Education Level:  

Choose an item. 

Experience Level 

Choose an item. 

Other/Specific Qualifications (if required)