The BNP Paribas Group is a leader in banking and
financial services, employing over 185,000 people across 75 countries
and 5 continents. At BNP Paribas, we work continuously on behalf of our
clients, helping them to realise their projects around the world. You
can be an important part of this, helping us to serve our clients both
in mature and emerging markets, providing them with financial solutions
across a diverse range of expertise, products and services. Our origins
lie in Europe but nearly a quarter of our employees now work in our
multi-award-winning Asian offices and we are a committed player in all
In Asia Pacific, BNP Paribas has been present in
the region for over 150 years and plans to grow its business from €2bl
EUR to €3bl EUR by the end of 2016. With 9,000 employees in the region
and a presence in 14 markets (with 3 main centres in Hong Kong,
Singapore and Tokyo), BNP Paribas offers you the chance to grow with us
in Asia Pacific.
BNP Paribas offers you an exciting career
opportunity in an international, challenging business environment
characterized by high pace and diversity with focus on creating valuable
relations with our customers. We offer a competitive salary &
benefits package and also an excellent work environment where you're
valued as part of our team!
- Direct contribution to the Bank’s operational permanent control framework.
- Familiar with and keep abreast of changes in local regulatory requirements and Group AML policy, and disseminate any changed to affected businesses.
- Review, implementation and testing of Group / CIB KYC procedures and other applicable group policies.
- Advisory to all métiers in Hong Kong on KYC standards with an ancillary AML surveillance role as well.
- Identify, investigate and report suspicious activity and transaction, and escalate any material risk relevant information to Head of Financial Security and KYC, Hong Kong
- Develop, deliver and track AML/CTF and sanctions training for CIB Hong Kong on a transversal basis
- Supporting the métiers on assessing and advising on KYC analysis for sensitive clients (e.g. oil and gas, PEP accounts, gaming and casino establishments, charities and non-profitable organizations, embassies, money services businesses etc) as well as clients in sensitive industries (e.g. agri, palm oil, nuclear, mining etc) and where time allows other business.
- Advising all métiers and Client Management on CIB KYC standards, particularly in conjunction with the requirements of the Hong Kong AML (Financial Institutions) Ordinance and the European Directives.
- Working with front, middle and back office staff to ensure that appropriate controls, surveillance reports and procedures are in place to support and monitor any new business/product and that such procedures are as consistent as possible with group standards and procedures.
- Acting as Level 3 SHINE control in respect of sanctions violation alert management.
- Conducting relevant periodic Compliance and Control testing
- Conducting transaction monitoring to ensure consistency between anticipated transaction volume, size and frequency and actual account activities.
- Coordinating, implementing and enhancing AML/CTF and Sanctions monitoring tools (e.g. ATOM, REGLISS, SHINE etc), controls/objectives as well as, risk assessments in various current reporting processes, and suggesting enhancements to current reporting mechanisms.
- Assisting in handling internal audit and regulatory/law enforcement agency requests/investigations in the areas of AML and Sanctions Compliance in Hong Kong (and time permits other countries in Asia Pacific).
- Supporting the AML and Sanctions training efforts in Hong Kong, as well as initiatives to enhance the online training programmes and promote AML/CTF & Sanctions Compliance awareness and culture.
Qualifications & Competencies Required
- University graduate with relevant professional qualifications (e.g. ICA, ACAMS or other relevant qualifications).
- 8-10 years’ of relevant working experience, with at least 3 to 5 years’ experience in an MLRO or other senior role which has given them exposure to Financial Security.
- Preferably some legal or regulatory experience.
- Excellent writing skills (English) and analytical skills to produce clear constructive advice under pressure and within short timeframes.
- Excellent communication skills and preferably with some experience of dealing in multiple countries in Asia Pacific.
- Good general knowledge of the International Sanctions regimes in place and some experience in dealing with sanctions issues as they affect financial institutions.
- A good knowledge of debt capital markets, corporate finance and structured finance transactions.
- A working knowledge of how AML/CFT & Sanctions risks are managed, and clients and products are risk scored and monitored is essential.
- Experience in advising numerous staff across Compliance, front line and Operations across various countries.
- An understanding of the fundamental AML/CFT & Sanctions laws, regulations and suspicious reporting standards in the Greater China region.
- Evidence an attention to detail and have an investigative and questioning nature.
- Evidence strong interpersonal skills with the ability to communicate and consult at all levels.
- Ideally be flexible and have a hands-on in work style, with the ability to work independently to carry out projects.