Back to offers list
Share with your friends
Tweet this page
Share this page with your network
Share this page on Messenger
Share this page on WhatsApp
Share your content curation with Scoopit
Share this page on the first Chinese social network
No time? Read and share this page later with Buffer!
The convenient app to read this page at any time, even offline!
Show more social networks
Send this page by e-mail
Send this page by e-mail
Print this page
Are you sure you want to print this page ?
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. 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, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
The Management of the BNP Paribas has committed to ensure compliance with AML / Embargo & Sanctions rules within the entire Group. In this context, Group Compliance has decided to have a strong and permanent set-up within the US: Group Financial Security U.S. (“GFS U.S.”). The objectives of this unit include:
Having the responsibility for the BNP Paribas Group framework in relation to Compliance with US Sanctions;
Ensuring a legal watch in relation to US Sanctions in liaison with Legal Affairs
Issuing norms, policies and procedures in relation to Sanctions and applicable across the BNP Paribas Group
Providing advice on situations linked to US Sanctions across the Group
Acting as the ultimate level of management of the US Sanctions – related alerts,
Acting as the sponsor of tools used to filter flows against embargo / sanctions lists
Risk assessing the Group’s branches & affiliates regarding non-compliance issues through a permanent risk oversight
Performing on-site controls within BNP Paribas Group to verify that BNP Paribas entities comply with norms issued by GFS-NY.
Business Overview Cont’d:
Responsibilities of the
Sanctions Advisory team
Providing opinions, as the ultimate level within BNPP Group, in relation to US Sanctions on business initiatives, development of existing business or transactions
Manage and maintain required documentation to satisfy the audit trail requirements
Provide advisory on the updating of Norms in relation to Sanctions
Contribute to the formalization of post-mortem as necessary in relation to US Sanctions matters in order to improve the underlying processes
Responsible for sending advisory notices to the BNPP Group after changes in U.S. sanctions regulations
Partner closely with business and Compliance counterparts to understand issues, to process accordingly and provide opinions towards resolution
Perform analysis of existing (and prospective) counterparties and their beneficial owners, including enhanced due diligence, regarding sanctions related risks
Synthesize findings and report cases/files to senior management, partners and committee members for effective assessment of viability and risks.
Comprehend and parse and/or interpret complex organizational and corporate structures for ownership percentage, subsidiary breakdown or merger activity
Interact daily with Senior Management, Legal, and Pole & Territory Compliance on counterparty risks and matters requiring escalation
Keep abreast of U.S. sanctions regulations, enforcement actions and penalties.
Maintain close working knowledge of assigned cases/files and advise supervisors of their progress and any matters of concern.
Follow-up with appropriate party for missing or outstanding documents or information whenever necessary until closure of the case.
Research of SDN affiliated entities
Interact with other units of GFS U.S. (including Risk & Oversight, On-site Controls, Alerts Investigations, and Norms & Procedures), GFS Paris, and BNPP U.S. Financial Security
Ad-hoc projects and presentations for senior management and regulatory authorities
Minimum Required Qualifications
Undergraduate degree, finance or business related majors
3 - 5 years of experience in Compliance and/or a banking environment
Strong investigation and research skills, and experience with the Internet and on-line research systems
Knowledge of corporate ownership structures, U.S. sanctions and OFAC, payment messages and KYC documents
Use of utmost discretion when handling sensitive and confidential material
Flexibility to adapt to a new and changing environment
Strong analytical skills, organization and attention to detail
Summarize information from multiple documents in a synthesized memo
Manage multiple investigations and inquiries at the same time and meet timely deadlines
Work well with others in a fast paced environment
Working knowledge of institutional and retail banking products & services
Knowledge of BNP Paribas Group activities and organization a plus
French language skills a plus
Knowledge of AML regulations including the USA PATRIOT Act, and Bank Secrecy Act
FINRA Registrations Required:
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
Website : http://www.bnpparibas.com
BNP Paribas in the United States is part of a far-reaching global banking network, offering its clients a full range of services from investment and retail banking to asset management services. BNP Paribas has been present in the country since 1919 as the French American Banking Corporation and currently has over 14,000 employees in the US.