Vista previa generada por IA
Assistant Manager – ISPL WM Internal Control Officer at BNP Paribas India Solutions, Mumbai
Handle AML/CFT alerts, monitor operational risk and support AML Transaction Monitoring Hub across APAC.
Job Title
Assistant Manager – ISPL WM Internal Control Officer
Department
ISPL WM Conduct and Control Team
About Business line/Function
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner with various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.
Position Purpose
Main responsibilities are to implement the operational risk management framework and monitor the operational risk related to ISPL Wealth Management activities. Hence, to analyze control results and incidents to identify main operational risks and follow the associated mitigation/remediation actions (including recommendations).
Also, Member of the ISPL WM AML Transaction Monitoring Hub. The ISPL WM AML Transaction Monitoring Hub currently manages all the automated alerts for Hong Kong, Singapore and Taiwan.
Direct Responsibilities
- • Handle automated alerts generated by AML/CFT Transaction Monitoring tools or AML/CFT Transaction Monitoring queries and identify automated alerts requiring further analysis or investigation, according to desktop procedure describing the operational implementation
- • Analysis work at L1 will involve referring to KYC and Client information system, transaction details and previously escalated alerts to understand usual and expected client behavior to contextualize the alert transactions. For alerts which require further clarification, the analyst is required to communicate with the Relationship Managers to understand further on the transaction
- • Produce high-quality documentation to record decision and rationale based on the facts and the potential ML/FT risk identified.
- • Ensure alerts are treated in a timely manner i.e. review and escalate to L2 or close within an indicative turnaround time of the Automated Alert detection date. Meet the expected daily alert processing volume
- • Follow-up on any remediation work that may arise from Quality Assurance and control testing
- • Provide support on change management projects, pursuant to management requests or necessitated by events such as local & global internal audits and periodic inspections by the regulatory authorities.
Contributing Responsibilities
- • A self-starter with organizational skills and ability to work independently, applying sound judgment and rationale for decisions made.
- • Strong interpersonal skills, a flexible, collaborative and team-oriented approach to problem solving and an ability to work in a fast-paced, rapidly changing environment, and preferable with some experience of dealing in multiple countries in Asia Pacific.
- • Good PC skills, Advanced Excel and Visual Basic (VBA) skills will be beneficial.
- • Good understanding of the WM business procedures and policies, product knowledge, related risk of the process and products, AML/FT environment, financial security related knowledge, and the relevant risk mitigation and controls procedures.
- • Demonstrated ability to streamline review processes.
Technical & Behavioral Competencies
- SG & HK Regulatory requirements knowledge in transaction monitoring framework (ML/TF)
- Team player, mature and independent with good interpersonal skills
- Meticulous, good analytical and communication skills (both verbal and written)
- SharePoint, MS Word, MS Visio, Power BI & PowerPoint
Specific Qualifications
6 to 10 years of experience in Audit or Operational Risk or 1st/2nd lines of defense.
Prior experience in ML/TF related topics/roles will be beneficial.
Skills Referential ( Required knowledge, skills and abilities)
Technical Skills:
Advanced Excel / Microsoft Office
Behavioral Skills:
Critical thinking
Communication skills - Oral & written
Ability to synthetize / simplify
Ability to collaborate / Teamwork
Transversal Skills:
Ability to develop and adapt to a process
Ability to understand, explain and support change
Ability to set up relevant performance indicators
Education Level
Bachelor’s degree or equivalent
Location
Mumbai
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 specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; 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.
About BNP Paribas India Solutions
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
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, color, 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. 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.