Client Screening Officer
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 the Compliance Hub in Lisbon, the Screening Team’s objectives are to ensure that new and existing clients and their representatives/authorized agents are compliant with the BNP Paribas Sanction Policy. The team is located in Lisbon and work is coordinated with local oversight to ensure adherence to all relevant local laws and regulations. The main goal of the team is to contribute to protect BNPP against reputational risk, Anti-Money Laundering risk AML/CFT and fraud risk. The team must work closely with the Business and Coverage to understand the clients and provide a service that clients value, while ensuring that they are in line with Compliance standards for Regulator requirements.
Within the Compliance Hub in Lisbon, the Client Screening team is responsible for performing sanction and negative news screenings on clients and their representatives/authorized agents, at the client onboarding as well as on a regular basis, to ensure the clients and their representatives/authorized agents are not under sanction and are not incorporated or living in a sanction country.
Please note that by the end of the second quarter of 2019, the team will be moved from Compliance responsibility and will integrate the CIB ITO Client Management Operations organization in Lisbon.
Operating as a Hub, the role and responsibilities remain the same, though the team will be under new management.
ROLE AND RESPONSIBILITIES
- Client Screening: Sanctions
- To review the client database against the sanctions lists and rationale of the decision to be maintained
- Ensure the “4 eyes” process is maintained at all times regardless of alert
- To cascade any “real” sanctions alerts to the appropriate teams
- Client Screening: PEP
- To review/decide/escalate as appropriate PEP and sanctions referrals alerted on the BNPP
- Customer database
- Ensure relevant hits are escalated
- Maintain highly accurate records and ensure Management Information produced is of the highest Standard
- Academic Background in Business
- Knowledge in different types of trading entities
- Ms office Office
- Fluent in English (both oral and written communication)
- Good analytical skills and attention to detail
- Good communication skills
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.