Position Purpose
This role is a fixed-term Temp
Client Engagement & Protection Officer is responsible for Client Lifecycle Management specifically on KYC due diligence on the clients of BNPP China Securities for on-boarding and recertification.
The position mission is to manage and monitor the KYC process applicable to prospective and existing clients, in compliance with all relevant Group policies, local regulatory requirements, and Business standard operating procedures.
Responsibilities
Process initiation
- · Initiate the onboarding or recertification process, or a target file update in case of trigger event
- · Determine the due diligence corresponding to the client segment, including local regulatory requirements applicable in secondary sites in case of a multi-site client
· Perform Anti-Money laundering (AML) level 1 alerts monitoring with well understanding of local and group AML requirement
Information and documentation collection
- · Collect and record required information and documents from internal databases, external sources, and the client (possibly via the relationship manager)
- · Check the consistency, validity and completeness of collected information and documents
- · Check all appropriate names against sanctions and PEP lists as well as any other applicable lists
- · Perform adverse information searches and assess their materiality
- · Require relevant stakeholders’ intervention in case of positive hits, other higher risk cases, or missing or inconsistent data
Risk assessment
- · Feed the scoring system with required data. Run scoring (if not automated) and file the score and the resulting risk level.
- · Require the qualitative assessment from the relationship manager (when applicable)
Decision
- · Coordinate the onboarding or recertification decision process
- · Prepare and submit the file to Business Management, Compliance, or a Client Acceptance Committee, as appropriate
- · Record the decision and monitor the approval conditions, if any.
Permanent Control Aspects
- · Direct contribution to BNPP operational permanent control framework.
- · Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- · Comply with regulatory requirements and internal guidelines
- · Contribute to the reporting of all incidents according to the Incident Management System
- · Ensure audit recommendations are resolved within the specific timeline.
- · Minimize operational failure, including but not exclusively, the risk of fraud, by helping to devise, and by implementing, sufficient regular controls
- · Ensure appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified
Technical & Behavioral Competencies
- - Proficient in Microsoft Office tools
- - Well-developed interpersonal, problem solving and influencing skills
- - Exhibit high willingness to collaborate with all levels of the organization.
- - Solution driven
Specific Qualifications (if required)
- Securities practitioner qualification is a must
- Previous China securities Company operation experience is a plus
