About the job
- The Portugal Compliance Hub provides Sanctions and Embargoes Level 2 Investigation Services to BNP Paribas CIB branches across the globe. The B2 Specialist Compliance Officer will work responsible for the analysis and investigation of alerts and as an important stakeholder for Compliance in the continuous improvement and innovation in detection systems, models and analysis of alerts, working closely with CIB Compliance, ITO, Relationship Managers and other key stakeholders.
Your Main Activities Are
- Handle alerts investigated by the Level B1 in accordance with policies and procedures. Level B2, which is under Compliance’s responsibility, will make a decision either to release, reject / block or escalate to the third level of the framework based on the investigation and supporting documents prepared by Level B1. In case of incomplete file, the B2 looks for additional information on the alert or throws it back to B1
- Ensure a follow-up on the alerts that have been assigned and ensure the treatment with respect of the cut-off time if possible and alert its management if any alert will not be closed in due time
- In case of doubt on the decision, seek guidance to his / her manager or senior Compliance officer and report any issue (technical, process, among others)
- Communicate to the onshore team all cases where local action is required (escalation, rejection, throw back) and follow-up if there is any question on the decision that has been taken
- Contribute to develop collateral topics in order to improve the team organisation
- Keep updated on developments on sanctions, embargoes and related KYC / AML / CFT / Sanctions laws and regulations and exchange with onshore teams (Compliance B2, back office and B1, GFS, among others)
- Define, implement and adapt daily work organization trough prioritizations
- Contribute to develop self and team knowledge on Compliance topics according to business requirements
Profile and Skills to Success
- Experience in banking industry in the area of Financial Sanctions and alert analysis process and related issues (either in Operations / Back Office or in Compliance)
- A good understanding of financial markets and operational processes and flows (overall payments activities, securities and cash)
- English fluency (mandatory, both oral and written communication)
- Good communication skills (capacity to explain decisions)
- Strong sense of integrity and confidentiality
- Ability to work with remote teams across multiple locations
- Risk oriented profile with strong analytical and investigation skills, strong attention to details
- Rigorous, well-organized with a structured and logical approach
Why joining BNP Paribas?
· Leading banking institution
BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 65 countries, with around 190 000 Employees – including more than 145 000 in Europe.
· Our presence in Portugal
Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 7.100 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
· International reach
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:
- Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
- Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
- Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
· Diversity and Inclusion commitment
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/paternity, 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.
· Commitment towards work/life balance
At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
· Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal
* 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.