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
