BNP Paribas is a leading European bank with an international reach. It has a presence in 74 countries, with more than 192,000 employees including more than 146,000 in Europe and over 4,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been the first foreign bank to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group 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.
The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
The Compliance is recruiting Compliance officers to staff the new team in Lisbon which will have in charge the treatment of alerts related to 3 DM entities : BDDF (France), Fortis (Belgium) and BNL (Italy) within the third level of the alert management framework Level B2.
The Level B investigates alerts escalated by the first level (Level A), elimination false obvious hits. Level B2, which is under Compliance’s responsibility, takes a decision on either to release, reject / block or escalate to Level C based on the investigation and supporting documents prepared by Level B1, which is local Back-office in most cases.
Handle alerts investigated by the Level B1 in accordance with policies and procedures. Level B2, which is under Compliance’s responsibility, will make a decision either to release, reject / block or escalate to the third level of the framework based on the investigation and supporting documents prepared by Level B1.
In case of incomplete file, the B2 looks for additional information on the alert or throws it back to B1
Ensure a follow-up on the alerts that have been assigned and ensure the treatment with respect of the cut-off time if possible and alert its management if any alert will not be closed in due time
In case of doubt on the decision, seek guidance to his / her manager or senior Compliance officer and report any issue (technical, process, among others)
Communicate to the onshore team all cases where local action is required (escalation, rejection, throw back) and follow-
up if there is any question on the decision that has been taken
Keep updated on developments on sanctions, embargoes and related KYC / AML / CFT / Sanctions laws and regulations and exchange with onshore teams (Compliance B2, back office and B1, GFS, among others)
Experience in banking industry in the area of Financial Sanctions and AML alert analysis process and related issues (either in Operations / Back Office or in Compliance)
A good understanding of corporate banking and trade finance operational processes and flows (overall payments activities, securities and cash)
Knowledge of financial markets
Knowledge of international AML regulations and financial sanctions
Knowledge of the payment filtering tool FircoSoft will be an advantage
English fluency (mandatory, both oral and written communication), French or Dutch fluency
Good communication skills (capacity to explain decisions)
Strong sense of integrity and confidentiality
Ability to work with remote teams across multiple locations
Risk oriented profile with strong analytical and investigation skills, strong attention to details
Rigorous, well-organized with a structured and logical approach
Please note that only applications submitted in English will be considered.