KYC & AML Officer - Transfer Agency (H/F)
BNP Paribas Securities Services, a subsidiary of the BNP Paribas group, is one of Europe's leading providers of custody services for securities.
The Luxembourg branch plays a major part in its operations, offering clients high value-added services extending from custody to securities lending, fund administration, performance measurement and ratings, and bond issuance services.
To support its current growth, BNP Paribas Securities Services is looking for a:
Transfer Agent KYC Analyst Private Equity & Real Estate (M/F)
Within BNP Paribas Securities Services Luxembourg, the Private Capital Transfer Agency’s KYC Team is responsible for the KYC due diligence on the clients of the bank for onboarding and recertification of Private capital investors. This specialised team is dedicated to onboarding Private Capital investors, and working to the schedule of these Fund launches. This job description is focused on the role of Private Capital TA KYC Officer.
The responsibilities of this role will be focused primarily on ensuring the day-to-day execution of the onboarding of the files within the team. This needs to be done in strict adherence to the relevant policies and procedures to deliver the KYC files with a high standard of quality. This role will also assist the Head of the team in executing other adhoc tasks as required by the head of the team. The team itself sits within the validation cycle of the KYC file and is required to be in close co-ordination with compliance, relationship managers and other senior stakeholders.
Key Responsibilities & Expected result area
Analyse the documentation for onboarding new investors into the Private Capital Funds, always adhering to current local regulations and BNPSS policies.
Analyze the documentation needed to set up an account according to the structure; be familiar with complex structures, Trust, Foundation, etc.
Identify any complex structures or High Risk entities using internal scoring grids and appropriately escalate these.
Ensure the accurate uploading of the new investors into the internal database, and the proper retention of all documentation in both physical and electronic format.
Work closely with investors and Management Companies to ensure the investors are successfully onboarded within the fixed timeframe of the Fund.
Manage and maintain investor onboarding logs to ensure accurate information is being collected.
Monitor investors’ files and follow up with investors when documentation is outstanding.
Liaising closely with the internal Compliance team.
Communicate with multiple stakeholders in the KYC Onboarding process – investors, clients, inter-Departments to ensure the files are comprehensive and complete.
Respond to all clients and / or associated internal departmental queries in a timely, accurate and professional manner.
Actively participating to the team organisation by taking initiative and by being implicated in common projects.
- Minimum BAC +3 or relevant professional experience
Transfer Agency KYC/AML experience of at least 2 years
- Well organised & attentive to detail
Excellent written and verbal communication skills (English), German and Spanish a plus.
Must be able to work independently within the Team
Ability to manage multiple priorities and work to tight deadlines.
Technical Skills :
Good excel knowledge
English mandatory, French, German, Italian or Spanish considered as an asset
During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23rd 2016 regarding the criminal record.