The bank for a changing world

We are looking for

Wealth Management Compliance Officer

Apply REF: COM001564
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 17,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
Worldwide, BNP Paribas has a presence in 73 markets with more than 196,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

* excluding partnerships

Key Responsibilities

•    Responsible to review transaction alerts for any money laundering issue, collect comment from Relationship Manager as appropriate.
•    Conduct investigation, meeting with relevant staff and prepare report on cases with potential suspicious transactions.
•    To assist in project to enhance transaction monitoring systems and perform UAT.
•    To assist in coordination of regulatory inspection and investigation.
•    To ensure compliance with applicable laws and regulations.  Keep abreast on new regulations and to update Management and staff on changes in regulations.
•    To identify and control compliance risks, implementing monitoring measures where required.
•    To advise Business and Functions on compliance and regulatory issues.
•    To support in implementing policies and procedures as a result of changes in Head Office directive or local laws and regulations and updating such rules and regulations relevant to Wealth Management.
•    To carry out the client acceptance and review process and to ensure that compliance especially with issues like money laundering, due diligence on clients, know-your client process, sanctions, transaction monitoring.
•    To assist in preparing relevant compliance reports pertaining to Wealth Management for submission to Head Office and ensuring the accomplishment of the Department’s mission.
Competencies (Technical / Behavioural)

•    Familiar with Hong Kong laws and regulations.
•    Work well with people and under pressure.
•    A good knowledge of compliance framework.
•    Good communication skills with Front Office.
•    Need to work as a team.

Specific Qualifications Required

•    A graduate of a tertiary institution.
•    At least 5 years compliance experience in AML/wealth management.
Primary Location: HK-Hong Kong (HK)-Hong KongJob Type: Standard / PermanentJob: COMPLIANCEEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 5 years Behavioural competency: Ability to collaborate / Teamwork, Attention to detail / rigor, Decision MakingTransversal competency: Ability to understand, explain and support change, Ability to develop others & improve their skills, Analytical Ability