Job Description

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 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 68 markets with more than 193,000 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.

• excluding partnerships

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. https://careers.apac.bnpparibas/

Position Purpose

Direct contribution to the Bank’s operational permanent control framework. Responsibilities Direct Responsibilities

• Provide general advisory to the business lines and functions on Financial Security / KYC issues, standards and policies.
• Contribute to the enhancement of the Financial Security framework.
• Review, coordinate and provide advice, analysis and approvals for KYC files escalated to Compliance.
• Update and implement KYC / AML / CFT/Sanctions procedures in line with local regulatory and Head Office requirements.
• Advise and provide guidance to the Business and Due diligence Team on KYC / AML requirements and related issues.
• Keep updated on group policies and development in KYC, AML/CFT, sanctions, embargoes and related AML laws and regulations and ensure that local policies and procedures are correspondingly kept updated.
• Participate in KYC/AML/CFT/Sanctions related projects as required, including but not limited to implementation of new/enhanced systems and tools.
• Prepare training materials and provide training on KYC/AML/CFT/Sanctions procedures
• Prepare, provide support and coordinate all reports, updates and dashboard (including but not limited to those required for submission to Regional office and/or Head Office)
• Provide support and coordination on the KYC /AML / CFT / Sanctions control framework, review and processes and propose streamlining solutions for better efficiency and workflow
• Contribute to the enhancement of the KYC / FS framework;

Contributing Responsibilities

• Ad-hoc projects as assigned by Head of Financial Security/KYC
• Generally provide support to the Head of Financial Security/KYC

Technical & Behavioral Competencies

• Must have relevant experience in AML/CFT/KYC in financial institution with particular focus on corporate & investment banking activities
• A good understanding of corporate & investment banking activities including but not limited to structured finance, commodity trade finance, cash management, correspondent banking, global markets, shipping, aviation and project finance businesses
• Good general knowledge of the international AML standards and principles, with strong familiarity with local AML regulations (MAS Notice 626 and related guidelines).
• Must have 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.
• An ability to think critically and to write concisely and clearly; and to produce clear constructive advice under pressure and within short timeframes.
• Must evidence an attention to detail and have an investigative and questioning nature.
• Ideally be flexible and have a hands-on in work style, with the ability to work independently to carry out projects.
• Possess extensive research skills to aid in establishing and/or validating required information and documentation.
• Ideally be familiar with use of KYC screening tools.
• Proactive and alert to AML / CFT/ sanctions risks.
• Analytical mindset with an eye for accurate details.

Specific Qualifications (if required)

• Bachelor Degree or equivalent
• Relevant industry certification in AML/CFT and Sanctions (e.g. ACAMS or ICA)
• Relevant experience in KYC/AML/CFT Compliance