Associate Level 1/Senior Associate - Projects Support

Job Description

* Job Description OPTI AML Project Support About BNP Paribas Group:Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 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. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.About Function / Business line:ISPL Compliance Hub as a department was established in November 2013 at ISPL in Mumbai, India with the hire of a department head. The ISPL team provides support on compliance administrative level tasks to BNPP compliance teams globally.The scope of work includes offshoring administrative and Level I support to functions such as:
• Training Support
• Capital Markets Surveillance
• Employee Personal Account Dealing
• Electronic Communications Surveillance
• Offshoring/Outsourcing Coordination
• Projects & System Support
• KYC Support
• AML Transaction Monitoring Project Support
Job Title:ASSOCIATE/SENIOR ASSOCIATE - PROJECTS SUPPORT Date:04/05/2023Department:ISPL Compliance HubLocation:Mumbai, IndiaBusiness Line / Function:OPTIReports to: (Direct) Head- ISPL Compliance HubGrade: (if applicable)Associate/Sr. Associate (Functional) Number of Direct Reports:NoneDirectorship / Registration:NAPosition PurposeThe OPTI is looking for a permanent staff, who can support on AML process lead objectives and take care of fine-tuning initiative for compliance domain within various BNP Paribas business line (i.e. Securities Service, CIB, Correspondent Banking, etc.). The team will be project coordinators between IT, Central, Regional & Local Compliance by handling the responsible such as,
• Threshold calculation Using ATL/BTL & Percentile Methodology;
• AML Tool (Actimize) Model enhancement
• Resolving the data quality issue of alerts monitored in AML Tool;
• Changing the parameter to avoid false positive hits for the L1 users
• Creating BRD on enhancing the model for better function of AML tool (Actimize)
• Provide recommendation on methods as AML monitoring process, Back-testing and Fine-Tuning methodologies, Organization & Set up required. Accompany Business lines on the initiative of implementing Fine tuning
• Development / distribution of dashboards - KPI Deliver to monitor the process and also tracking the AML fine tuning projects
• Performing UAT alert volume analysis and ensuring accurate functioning of the AML models
• Handle various AML process optimization project for various domain.
• Promote process leader achievements on AML deliverables through various available channels
• Provide end-user trainings and guidance on the AML system to compliance users
• Extend support to ongoing or new initiatives / studies under scope of OPTI to further improve AML monitoring framework
• Support the functional Specification process, including the review of the data analysis, mapping and translation routines documents
• Ensuring all regulatory requirements and integrity of relevant information are adhered for each AML projects;
, * Other Responsibilities
• Support local compliance on monthly alert monitoring activity performed on exceptional scenarios not covered via AML (Actimize) tool;
• Support review of data model, business logic, and case manager configurations to ensure they are in compliance with set requirements, global and local
• Support the management of the global standards. Document local requirements and support the process of global standard extension as well as local exceptions management.
• Support documentation needs for requirements, test plans, standards, and any other need.
• Support the functional Specification process, including the review of the data analysis, mapping and translation routines documents and provide business input.
• P rovide expertise, recommendation and support surveys in the fields on AML monitoring methodologies, processes and tools for various BNPP business lines :
  • Any other aspect required for the day to day analysis and decision making
• Support Organization of governance Operations and Domain
• Contribution to the IT group governance Bodies
Technical & Behavioral Competencies
• Very swift in understanding various systems
• Aptitude for technical activities
• Able to work independently and interact with global teams
• Willing to update knowledge as technology changes
• Ability to take initiative and make decisions
• Logical approach to the solution of problems
• Project management skills
• Excellent interpersonal and strong communication skills mandatory
• Able to make decisions on a wide range of complex business and technical issues
• Experience in banking, payment, compliance, transaction monitoring preferred
• Good knowledge on MS Office tool (Word, Excel, and PowerPoint).
Specific Qualifications (if required)
• 3 years experience or more
• Fluency in English
• Strong understanding of Anti-Money Laundering
• Graduate preferably with a knowledge in the Financial Services Industry
Skills Referential Behavioural Skills : (Please select up to 4 skills)Ability to collaborate / Teamwork Attention to detail / rigor Communication skills - oral & written Ability to synthetize / simplify Transversal Skills: (Please select up to 5 skills)Ability to understand, explain and support change Analytical Ability Ability to develop and adapt a process Ability to develop and leverage networks Ability to manage / facilitate a meeting, seminar, committee, training Education Level: Bachelor Degree or equivalent Experience Level At least 3 years Other/Specific Qualifications (if required)

Keyskills :
bankingcorrespondent bankingcustomer relationsaccountancysecuritiesmarketing