Manager -KYC Quality - EMEA
Job Description - APAC
About BNP Paribas Group:
Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It 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. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.
About Businessline/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. The role of a Due Diligence Officer primarily consists of…
- Reviewing details of previous KYC performed
- Performing a Pre analysis to determine outstanding information required
- Identifying Key players of the file and running background checks
- Updating the KYC tool with the results of the review (Data + Evidence)
KYC Recertification Preparation Officer
05 April 2019
Client Management Operations (CLM Ops) / KYC Due Diligence Team
Business Line / Function:
Number of Direct Reports:
Directorship / Registration:
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.
1. 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
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
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)
2.2 Experience of above 4 years’ experience in Banking Industry with specialization in KYC due diligence
2.3 Sound knowledge of the on boarding/ KYC recertification process
2.4 Knowledge of the global and local regulations related to banking and financial services.
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Attention to detail / rigor
Ability to deliver / Results driven
Choose an item.
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Choose an item.
Choose an item.
Choose an item.
Bachelor Degree or equivalent
At least 3 years
Other/Specific Qualifications (if required)
3. Qualifications and Experience:
3.1 University Graduate
3.2 2-3 years experience in Banking Industry / Min. 1 years in banking/due diligence onboarding related activity or relevant experience
3.3 Strong knowledge of the on-boarding/ KYC process for CIB
3.4 Strong knowledge of the global and local regulations regarding company structures, AML and financial markets.
4.1 Good communication skills is a pre-requisite
4.2 Ability to use varied and complex banking systems
4.3 Accuracy and rigor of input of high volume of data
4.4 Fluent in English
4.5 Team player
4.6 Adaptable flexible approach to the working environment
4.7 IT literate and familiar with Microsoft Office (Excel to macro level), Powerpoint…