BNP Paribas is a leading European bank with an international reach. It has a presence in 72 countries, with more than 202,000 Employees – including more than 154,000 in Europe and over 5,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group 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. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
Within Group Compliance, Group Financial Security (GFS)’s mission is to supervise and coordinate the organization and implementation of the control framework designed to prevent corruption, money-laundering and financing of terrorism, to comply with embargoes and international financial sanctions and to protect customers’ interests at the Group Level. To this end, BNP Paribas has set up a comprehensive filtering process of its SWIFT and SEPA messages, based on a centralized platform (SHINE). The alert management framework is organized in 4 levels to screen and process alerts triggered on payments: A, B1, B2 and C.
ROLE AND RESPONSIBILITIES
Handle alerts investigated by the Level B1 in accordance with policies and procedures. Level B2, which is under Compliance’s responsibility, will make a decision either to release, reject/block or escalate to the third level of the framework based on the investigation and supporting documents prepared by Level B1
Ensure a follow-up on the alerts that have been assigned and ensure the treatment with respect of the cut-off time if possible and alert its management if any alert will not be closed in due time
In case of doubt on the decision, seek guidance to his / her manager or senior Compliance officer and report any issue (technical, process, among others)
Communicate to the onshore team all cases where local action is required (escalation, rejection, throw back) and follow-up if there is any question on the decision that has been taken
Keep updated on developments on sanctions, embargoes and related KYC / AML / CFT / Sanctions laws and regulations and exchange with onshore teams (Compliance B2, back office and B1, GFS, among others)
Define, implement and adapt daily work organization trough prioritizations
Contribute to make and develop controls and reporting
Develop collateral topics in order to improve the team organisation.
Develop self and team knowledge on Compliance topics according to business requirements
Academic background in business
Experience in banking industry in the area of Financial Sanctions and alert analysis process and related issues (either in Operations / Back Office or in Compliance)
A good understanding of financial markets and operational processes and flows (overall payments activities, securities and cash)
Fluent in English (both oral and written communication)
Good communication skills (capacity to explain decisions)
Risk oriented profile with strong analytical and investigation skills, strong attention to details
Rigorous, well-organized with a structured and logical approach
Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
Primary Location: PT-11-LisbonJob Type: Standard / PermanentJob: COMPLIANCEEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: Not IndicatedSchedule: Full-time
Behavioural competency: Ability to collaborate / Teamwork, Attention to detail / rigor, Resilience, Ability to deliver / Results driven, Ability to synthetize / simplify, Organizational skillsTransversal competency: Ability to develop and adapt a process , Analytical Ability