About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected, and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
Job Title:
Senior Associate - KYC Due Diligence Officer
Date:
2024
Department:
Client Engagement & Protection
Location:
Manila, Philippines
Business Line / Function:
Client Engagement & Protection
Reports to:
(Direct)
Head
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
The KYC Due Diligence team 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.
Responsibilities
Direct Responsibilities
- Perform due diligence on Institutional clients across all risks for SDD, CDD & EDD files (low, medium and high)
- Exposure on retrieving client documents doing public searches, registries and client websites
- Have experience of end-to-end KYC experience on Corporate/Financial Institutions.
- Interaction with Internal and external clients to explain and source KYC information
- Perform required KYC screenings on customers documenting the information obtained on the clients as required by global KYC procedure.
- Obtain mandatory documents and reports as per KYC requirements
- Perform necessary checks to identify politically exposed persons, sanctioned, Adverse Information on individuals and entities and mitigate risks associated with financial crimes.
- Implement additional steps, validating KYC risk compliance bases on research of customer records
- Constant and regular review of processes and areas to be in line with the new developments and gain efficiency.
- Ensure data and documents are entered (scanned and archived) into systems properly
- Ensure the files pass all quality and control reviews. Escalate concerns / issues as needed as company guidelines and local requirements.
- Communicate within the team, Compliance, the business and IT.
- Active participation in Projects / System Changes / UAT / new system implementation when required.
Contributing Responsibilities
- Contribute to the implementation of Permanent Control policies and procedures in day-to-day business activities
- Ensure all requests received are assigned within the team and drives the team to achieve the expectation set by onshore
- Active participation in regular review of operational procedural changes /requirements during processing functions / staff meetings
Technical & Behavioral Competencies
- 1.1 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
- 1.8 Flexibility to work in shifts
Specific Qualifications (if required)
- University Graduate
- Sound knowledge of the on boarding/ KYC recertification process
- Knowledge of the global and local regulations related to banking and financial services.
Skills Referential
Behavioural Skills:
Decision Making
Attention to detail / rigor
Communication skills - oral & written
Client focused
Transversal Skills:
Analytical Ability
Ability to develop others & improve their skills
Ability to understand, explain and support change
Ability to develop and adapt a process
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications
Any Foreign language speaking/reading will be an added advantage
