AML L1 Officer

About The Job

Provide anti-money laundering (AML) / counter-terrorism financing (CTF) transaction monitoring services to BNP Paribas CIB and Securities Services branches across Europe and the world, dealing with areas that include anti-money laundering, terrorism financing, tax evasion, fraud, bribery and high risk clients, considering the requirements in each jurisdiction. All new joiners undergo an initial training course followed by an accreditation process which certifies the employee’s knowledge of the rules and procedures associated to the treatment of alerts. To be noted that only the successful completion of the accreditation process will enable the employee to perform the tasks required for this role. In case the newcomer is unable to conclude this certification with the required pass rate, her/his permanency in the AML L1 department will not be possible. As such, internal candidates will have to reactivate their mobility whilst external candidates will be dismissed during the probation period.

Your main activities are

• Review and assess alerts for money laundering risk through BNP Paribas' transaction monitoring system (Actimize-AML CIB) within agreed timeframes and liaise with Operational and Compliance teams to understand the process for payments and related monitoring requirements in each jurisdiction.
• Conduct Due Diligence investigations for AML Monitoring Teams of suspicious payments and close false positive alerts or escalate suspicious payments to AML L2 teams for further investigation.
• Maintain an appropriate audit trail and documentation in all instances, in order to evidence/support the review and resolution of each payment alert.
• Ensure management is made aware of all pressing issues (escalations, blocking points, etc.) in a timely fashion.
• Contribute with suggestions to enhance systems, methodologies and process simplification.
• Support effective capacity management across the department.
  
  

Profile And Skills To Success

Behavioral Skills

• Ability to collaborate/Teamwork: Proficient
• Attention to detail/rigor: Proficient
• Critical thinking: Proficient
  
  

Business Skills

• Compliance - Financial Security: Beginner
  
  

Languages

• English (Fluent)
  
  

Tools and Methodologies

• COMPLIANCE Actimize (Beginner)
• MS OFFICE PACK MICROSOFT EXCEL (Proficient)
• COMPLIANCE Fircosoft (Beginner)
  
  

Experience, Academic Background & Other Qualifications

Field of Expertise

• Banking and Financial Operations ([0 - 2] years)
• Compliance ([0 - 2] years)
  
  

Academic Background

• Bachelor's (3-5 years) in Economics, Finance and Accounting
• Bachelor's (3-5 years) in Social Sciences
  
  

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 centres 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.