BNP Paribas UK

Financial Security Manager - AML Surveillance - Vice President

4 days left

London, UK
Attractive salary and benefits
18 Jun 2024
18 Jul 2024
Approved employers
Approved employer
Contract type
Full time
Experience level

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, 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.

BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

CIB UK Compliance is an independent function responsible for providing specialist advice and support to UK Senior Management, business lines and functions in adhering to internal controls and external rules and managing compliance risks.

The function typically acts as a second line of defence covering areas, including; controls, assurance, monitoring, professional ethics, training and competence, whistleblowing, money laundering, market abuse, financial security and regulatory liaison.

UK Financial Security (“UKFS”) team has oversight responsibilities for; anti-money laundering (including PEPs and other high-risk clients), sanctions & embargoes, anti-bribery and corruption and prevention of the facilitation of tax evasion. The Head of UK Financial Security & UK Money Laundering Reporting Officer (MLRO) leads the team. Deputy MLROs report to the MLRO, each with responsibility for:

  • Advisory
  • Sanctions & AML Surveillance
  • Anti-Bribery and Corruption
  • Anti-facilitation of Tax Evasion
  • Transaction Monitoring
  • Risk Assessments
  • Testing & Assurance

The UKFS team performs a number of functions, which include:

  • Supporting and assisting senior management with adherence to applicable laws and regulations, as well as operating to high standards of business and ethical integrity;
  • Interpreting applicable laws, regulations and standards and advising BNP Paribas CIB London staff;
  • Providing training where appropriate to staff on a number of relevant laws, regulations and standards;
  • Monitoring and reporting on BNP Paribas CIB London and staff compliance with laws, regulations and standards.

Job Purpose & Scope

  • To provide subject matter expertise and oversight of anti-money laundering transaction monitoring (AML TM) and name screening (NS) across the business coverage area(s).
  • Support the line manager, Head of Financial Security AML Surveillance to ensure the business implements and maintains a compliant and effective AML systems and control framework.

Key Responsibilities

  • Advanced level professional and subject matter expert on AML Surveillance & Name Screening, providing an advisory service to the business area in relation to financial crime prevention, in particular in relation to the technology and operations servicing the London branch.
  • Manage relationships with key stakeholders across the business in relation to AML surveillance, attending project and governance fora to represent UKFS.
  • Lead on the review and enhancement of systems and processes relating to AML and TM.
  • Lead UK input to the group projects relating to AML surveillance.
  • Oversee the production of management information covering business as usual and emerging risks and trends.
  • Identify and analyse the impact of external developments such as new technologies, practices and regulation.
  • Support the team to ensure the pro-active identification of financial crime risks and issues, formulating responses as necessary.
  • Lead medium sized projects and act as a key resource for larger projects.

The Requirements

  • Professionally qualified Compliance professional with expert level of knowledge and experience in a financial crime prevention.
  • Professional experience in a Compliance financial crime prevention role in the financial services sector, ideally in a UK FCA regulated banking organisation.
  • Good working knowledge of the UK AML regime.
  • Significant experience of implementing or managing AML transaction monitoring systems.
  • A good understanding of AML applications, typologies, detection settings and data requirements.
  • A good understanding of the practical drafting and implementation of AML policies and procedures.
  • A good understanding of transaction management investigation techniques and procedures.
  • Excellent analytical skills, with the ability to translate technical concepts and provide insight and specialist guidance and advice to others.
  • Strong people management skills and an ability to work with individuals to set individual objectives and manage performance to ensure their delivery.
  • Proven communication and relationship management skills.
  • Strong computer skills and a good knowledge of common software e.g. Microsoft Office.
  • An ability to handle and interpret AML data to generate analysis and insights.

Equal Opportunities

BNP Paribas promotes equality of opportunity and is 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, race, religion or belief, sex or sexual orientation.

As an employee with BNP Paribas London Branch, we want to make sure that you are rewarded for your commitment. As such, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days (including bank holidays), a non-contributory pension of 12%, private healthcare, GP service and dental cover all as standard, along with a number of personal insurances such as income protection, life assurance and personal accident insurance. We believe in ensuring all our employees have a positive work life balance so in addition you will also have access to a variety of flexible lifestyle benefits such as cycle to work and green car leasing schemes, season ticket loans and reduced cinema and gym membership to name a few.

For further information, and to apply, please visit our website via the “Apply” button below.

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