Associate|Senior Associate | KYC AMER

ASSOCIATE/SENIOR ASSOCIATE - KYC AMER (JOB NUMBER: CLI002006)

About BNP Paribas Group:



BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 1++ 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.




About BNP Paribas India Solutions:



Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.


About Business line/Function :



The KYC Due Diligence team in ISPL is responsible for the Preparation of files due for periodic reviews (Recertification) for existing customers and (Onboarding) for new clients of BNP Paribas across multiple countries across APAC, EMEA and America. The role of a Due Diligence Officer primarily consists of…


Reviewing details of previous KYC performed
Performing a Pre analysis to determine outstanding information required
Identifying Key players of the file and running background checks
Updating the KYC tool with the results of the review (Data + Evidence)




Job Title:


Manager/AVP - KYC Due Diligence


Date:


01/Mar/2024



Department:


Client Engagement & Protection


Location:


Mumbai



Business Line / Function:


KYC due diligence


Reports to:

(Direct)


Due Diligence Head



Grade:

(if applicable)


(Functional)



Number of Direct Reports:


Directorship / Registration:


NA



Position Purpose



The KYC Due Diligence team in ISPL is responsible for the Preparation of files due for periodic reviews (Recertification) for existing customers and (Onboarding) for new clients of BNP Paribas across multiple countries across APAC, EMEA and America. It is extended team working with onshore counterpart to support completion of KYC on all existing and new clients of BNP Paribas.

Responsibilities



Direct Responsibilities


Preparation of Compliance Documents for recertification

1.1 Recertify the KYC forms (Due Diligence Package) for completion,

1.2 Obtain mandatory documents and reports as per KYC requirements

1.3 Perform necessary checks (3rd parties, website, and stock exchange) to complete the recertification preparation, including checks against local and global blacklists.

1.4 Contact SBO to collect missing documents, opinions and sign off

1.5 Get KYC forms and mandatory documents validated by onshore Due Diligence team

1.6 Ensure data and documents are entered (scanned and archived) into systems properly

1.7 Ensure client files pass all quality and control reviews

1.8 Upon approval forward Due Diligence Information to Static Data Team for maintenance

1.+ Escalate concerns / issues as needed

1.10 Communicate within the team, Compliance, the business and IT


Contributing Responsibilities


2.1 Contribute to the implementation of Permanent Control policies and procedures in day-to-day business activities

2.2 Active participation in regular review of operational procedural changes /requirements during processing functions / staff meetings

2.3 Active participation in Projects / System Changes / UAT / new system implementation when required.



Technical & Behavioral Competencies


1.1 Good communication skills is a pre-requisite
1.2 Accuracy and rigor
1.3 Team player
1.4 Fluent in English; Knowledge of French or a foreign language would be a plus
1.5 Adaptable flexible approach to the working environment

1.6 Ability to work on multiple IT systems

1.7 IT literate and familiar with Microsoft Office (Excel to macro level), PowerPoint




Specific Qualifications (if required)



2.1 University Graduate
2.2 Experience of above 4 years’ experience in Banking Industry with specialization in KYC due diligence
2.3 Sound knowledge of the on boarding/ KYC recertification process
2.4 Knowledge of the global and local regulations related to banking and financial services.



Skills Referential



Behavioural Skills: (Please select up to 4 skills)



Ability to collaborate / Teamwork



Adaptability



Client focused



Attention to detail / rigor



Transversal Skills: (Please select up to 5 skills)



Ability to understand, explain and support change



Ability to develop and adapt a process



Ability to develop and leverage networks



Choose an item.



Choose an item.



Education Level:
Bachelor Degree or equivalent



Experience Level


At least 3 years



Other/Specific Qualifications (if required)




Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: OPERATION PROCESSING
Education Level : Master Degree or equivalent (> 4 years)
Experience Level : At least 3 years
Schedule
: Full-time