BNP Paribas is a leading European bank with an international reach. It has a presence in 72 countries, with more than 202,000 Employees - including more than 154,000 in Europe and over 5,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks 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 Global Head of L1 AML Transaction Monitoring will be in charge of managing all the AML/CTF Transaction monitoring teams on a worldwide basis for all CIB activities including Correspondent Banking (excluding the US activities, supported by the IHC teams).
The current organization of the AML Transaction monitoring L1 teams is based on a 3 Hubs' organization (Lisbon, Singapore and Mumbai) coupled with local presence in some territories (mainly France/UK, MEA and LATAM).
ROLE AND RESPONSABILITIES
Managing globally the AML L1 Transaction Monitoring teams:
By making sure GFS guidelines are properly adapted to each métier's specificity and detailed in standard operating procedures validated by onshore teams where applicable
By securing the appropriate systems, accesses and resources to perform the service
By closely monitoring and controlling the delivery of service and taking all necessary actions required to meet quality standards defined in SLAs
By defining a global Target Operating Model across all teams
By implementing the relevant escalation procedures depending on the type of issues encountered
By ensuring the agreed and necessary controls are put in place and regularly carried out
Lisbon Hub's team management (Operational staff and team leaders):
By recruiting candidates, providing adequate training/coaching, defining responsibilities and setting individual and collective objectives in line with relevant operational policies
By assessing performance regularly and providing recommendations on compensation and objectives
By making sure training plan is adapted to the constantly evolving needs of the activity and making sure the adequate level of cross-training is deployed across the teams
By providing guidance and support needed to achieve individuals objectives
By contributing to making the AML hub a good place to work and strengthen the team spirit inside the Hub to ensure optimal staff retention
Managing stakeholder relationships:
By providing all expected reporting from the Lisbon Hub to the onshore managers as defined in the SLAs
By agreeing with the onshore managers and the head of Lisbon Hub the nature and the level of services with the associated resource budget requirement
By conducting regular and documented operational business reviews and maintaining good communications with the onshore managers and Lisbon Hub head
By providing all relevant information to internal and external auditors in coordination with onshore teams
By maintaining up to date the SLAs with the onshore managers of the Hub
By making sure the last agreed RACI with onshore managers is always respected
Manage the quality and cost of operational services provided to the activity:
By implementing adequate tools and indicators to measure the quality and cost of services
By monitoring those measurements regularly and implementing the relevant continuous improvement governance (daily, weekly team meeting cascade…)
By taking or proposing appropriate preventive or corrective measures to improve the performance of Operations
By challenging the various stakeholders (Metiers, IT and Compliance) in order to simplify the various processes and to leverage on the variety of information available within CIB.
By ensuring a proper Business Continuity Plan is defined and regularly tested
By ensuring the adequacy of the means toward the delivery of the service
By allocating properly the costs to each invoiced entity in line with the workload required to perform the activity
Directly responsible for the Change Management of the AML framework allowing to guarantee that the bank is continuously compliant with all applicable:
Global and / or Local external (regulatory/legal) AML related directives and requirements applicable to CIB (including Correspondent Banking) operations and activities
Internal / GFS guidelines
Within this context this person will be responsible for:
Developing and adapting the "systems and controls" arrangements to cope with the above-mentioned requirements.
Monitoring the successful implementation of those arrangements while taking any corrective measures or escalating to the senior management as need be
Reviewing, challenging and optimizing the quality of alerts
Directly accountable to adapt GCP compliance framework to design CIB AML 1C controls and to implement and monitor the Quality Assurance Framework (LOD 1C) for the AML L1 alerts management teams
Identify and implement efficiency & continuous improvement opportunities across all AML teams
By proposing new ways of organizing the tasks
By identifying mutualisation of tasks opportunities to obtain economies of scale
By identifying system enhancements which could increase productivity of the teams
By implementing continuous improvement process within all teams DNA
D irectly responsible for the reporting of the AML L1 activity (volumes, trends, KPIs, KRIs, projects, improvements,..) and the escalation for decision-making (new initiatives, major changes, arbitrages required on various topics, ...) to the CIB AML Committee chaired by the CIB COO attended also by senior representatives from the "Metiers" and CIB Compliance
Contribute to forums and working groups initiated by GFS, CIB Compliance or the Metiers on the evolution of the Bank's AML framework
Contribute to the Permanent Control framework
Expertise in all AML / CTF directives and regulations applicable to the Bank's activities and operations
Prior senior management experience in operations or compliance functions with experience in managing large operational teams
Leadership ability (given the role as manager of managers and team size)
Good understanding of the Bank's business model and operations
Knowledge of Bank's operational framework and key polices especially those related to AML/CTF
Strong interpersonal skills with the ability to communicate and consult at all levels, especially with senior management
Committed to confidentiality, integrity and objectivity
Capacity to communicate efficiently
Rigor and precision
Capacity to collaborate
English (mandatory) and French (desirable) speaking
P roject management and organizational skills
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively 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. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.
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