The Client Onboarding Specialist (COS) is
responsible for onboarding new accounts, performing periodic reviews in
accordance to with Anti-Money Laundering (AML) regulations or as set by
internal policies and procedures. The COS will undertake due diligence to
understand the AML risks within the non-transactional and transactional client
relationships to ensure that appropriate Know Your Client (KYC) requirements,
fee agreements and other due diligence information are obtained and maintained
in accordance with internal and regulatory standards.
More specifically the COS will undertake a key
advisory and guidance role within the team as pertains to the efficient on
boarding of high risk or complex cases and completion of professional Client
Acceptance forms to Compliance
Under direct supervision of the Client Onboarding Manager (COM), complete due diligence on new and existing accounts to ensure compliance with requirements of BNP Paribas groups AML / KYC policies. This will entail performing and recording the results of searches and sanction checks.
Proactively resolve ad-hoc queries related to complex aspects of AML analysis.
Where required establish and maintain trusted relationships with our clients to facilitate and accelerate the on-boarding processes.
Act as subject matter expert (SME) and provide expert advice and guidance to the team on complex cases to include (Trust’s, SPV’s and complex ownership structures including entities domiciled in tax-havens or major sanctioned countries).
Assume an active role in improving the on boarding of high risk or complex cases by completing enhanced due diligence (EDD) reviews to a superior standard to the satisfaction of the Client Onboarding Manager and Compliance.
Provide guidance to the front office with regard on-boarding polices and account initiation.
Perform periodic reviews of accounts as required by the onboarding policies.
Actively participate in developing, testing and implementing new or enhanced CDD processes and other process improvement initiatives as required.
Proactively resolve queries received from front office and the Compliance Team, highlighting and escalating issues in a timely manner.
Establish and maintain effective relationships with front office staff and The Compliance Team.
Work with COM and Compliance Team to provide training and guidance to staff on client onboarding procedures where required.
Demonstrable experience in undertaking client due diligence, including completing independent searches and sanction checks.
Proven experience in completing enhanced due diligence reviews for high risk or complex KYC cases.
Prior experience interpreting policies and procedures associated with AML regulations.
Working knowledge of third party global information sources used to complete client due diligence searches
Excellent written and verbal communication skills.
Knowledge of MS Office: Word, Excel and Outlook, internet search engines.
An interest / working knowledge of commercial real estate investment markets (preferred, but not a pre-requisite).
Personable and people orientated
Principled and self-assured
Proficient in coaching and mentoring
Able to multitask and manage to tight timelines and deliverables
Able to prioritize and work in an organized fashion
Able to work under pressure and with a heavy workload
Extremely detail oriented
Open to change and future orientated
Creative thinker able to make well thought out decisions
Responsive to clients and colleagues
BNP Paribas Real Estate is proud to be an inclusive employer, as recognised by our RICS Inclusive Employer status and the Stonewall Equality Index.
Primary Location: GB-ENG-LondonJob Type: Fixed TermJob: FINANCIAL AND TECHNICAL EXPERTISEEducation Level: Bachelor Degree or equivalent (>= 3 years)Schedule: Full-time
Behavioural competency: Attention to detail / rigorTransversal competency: Ability to develop and adapt a process