Wealth Management Anti-Money Laundering L1 Trainee

About the job

• To support the roll-out of Anti-Money Laundering (AML), Payments & flows activities, we are looking for an LOD1 analyst to ensure alerts processing in SHINE/Fircosoft and NetReveal tools. You could be dedicated to the treatment of AML or payments & flows alerts
• AML means Anti-Money Laundering. It is used in the financial, legal and compliance sectors to designate the controls that must be carried out to avoid, identify and report suspicious conduct and maintain a policy of preventing money laundering or terrorist financing that may occur in the course of our clients’ activities
• This position will allow you to
  1. Work with the various business lines and Compliance teams
  2. Become a compliance expert
  3. Developing your analytical skills
  4. Communicating expected information clearly
  5. Be self-reliant on research while working as a team to deal with day-to-day operations

Your Main Activities Are

• As an AML alerts analyst
  1. Ensure the processing of NETREVEAL post-transaction alerts on customer accounts
  2. This Level 1 processing must be performed in accordance with the AML procedure and in collaboration with the dedicated Compliance teams at Level 2/3
  3. Communicate and follow up requests for justification to the business lines
  4. Participate in process improvement
  5. Ensure timely processing of alerts as required by procedures
• As a Payment, Accounts and Flows analyst, your will be expected to
  1. Ensure the “Level 1 Control” of filtering of incoming/outgoing SWIFT transactions within BGL BNPP as part of measures to ensure compliance with embargoes and the fight against money laundering and terrorist financing
  2. Exercise due diligence on incoming alerts by obtaining all relevant information and documents in accordance with Group policies and procedures
  3. Resolve identification errors due to a lack of identifiable or distinctive features
  4. Based on the concrete evidence received, issue an opinion on the alerts resulting from the filtering of SWIFT flows in the FircoSoft and ADF Recorder tools
  5. To be the contact person for the BNPP Group’s Business Lines, Compliance and Financial Security regarding the supervision and coordination of the financial sanctions system

Profile and Skills to Success

• Bachelor Degree in Law, International Relations, Political Science and Management
• Knowledge of the Bank's activities and the content of the various banking businesses
• Knowledge of the field of payments and SWIFT messaging
• Have a good risk awareness (related to KYC and the fight against money laundering and terrorism)
• Proficiency in Microsoft Office Pack (Excel, Word, Access, and Outlook)
• Fluent in English
• Ability to work as a team and provide support to other colleagues if necessary
• Capacity for analysis, reflection, and synthesis, managing priorities and stress
• Autonomy and Flexibility

#LI-Hybrid 

Why joining BNP Paribas? 

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

· 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.