Job Description

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal\'s Top Employers in 2023. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

The position at a glance

Are you interested in joining and creating a new team in AML and Control Framework? BNPP Group is transferring part of AML activities from Compliance to 1LOD to reinforce AML risk culture within the Business and to strengthen the Group AML framework efficiency. Within CIB North America, it means AML L1 alert investigation and AML Quality Assurance function will be hosted by USD Clearing and Payments.

USD Clearing & Payments is already the CIB North America team responsible for reviewing Sanctions alerts level 1 and 2 and managing sanctions filters and logics. USD Clearing and Payments has recently been featured as one of the most innovative team with the launch of AI models for sanctions.

As VP AML Quality Assurance Officer, you will define and implement quality controls over AML Level 1 alerts and guarantee the firm\xe2\x80\x99s compliance with AML laws and regulations as well as with BNPP Group policies. You will have the opportunity to propose AML scenarios, red flags and system enhancements. You will drive the training of AML Level 1 operators. You will actively contribute to the scope definition of this new team and be in relation with various stakeholders, from business lines to IT to Compliance, to Data Management teams. You will be in charge of structuring straight to the point reporting to senior management and Compliance.

To be successful, you will need to master the BNPP AML policies/procedures and Actimize scenarios, be an effective communicator to explain and train AML Level 1 investigators or junior QA as well as report to senior management, be detail oriented in your review of AML alerts processed by AML level 1 investigators and know the bank\xe2\x80\x99s products.

In this role, you will see a direct link between geopolitical tensions, your work, the AML Level 1 team growth and impact, and enhanced AML culture within LOD1.

In detail

Candidate Success Factors:

Candidates will be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
• Leadership and Collaboration
• Client, Customer and Stakeholder Focus
• Compliance Culture and Conduct

Responsibilities:

• Assess metrics to identify and pull relevant samples for Quality Assurance reviews
• Conduct monthly targeted BSA/ AML Quality Assurance reviews under the direction of the Head of AML Level 1 in order to assess and review compliance with legal, regulatory and internal firm policy requirements in an attempt to identify, report and prevent money-laundering, terrorist financing.
• Escalate potential issues and exception items noted during the review process for discussion and further investigation if deemed necessary.
• Prepare and distribute reports to senior management detailing review findings and recommendations. Periodically report on significant activities conducted and planned for the upcoming period.
• Ensure that all findings and recommendations are entered into the Quality Assurance Reporting & Issue Tracker for tracking purposes and perform periodic follow-up of open issues to ensure proper resolution.
• Propose operational efficiencies to simplify the L1 alert investigation process.
• Propose procedural changes to clarify or enhance the control framework in L1 and QA procedures.
• Develop and maintain L1 performance (Quality & productivity) metrics and interactive reporting in PowerBI
• Assist in the development of the QA review programs for specific business units and products based upon applicable laws, regulations and internal policies.
• Assist in related matters during examinations by the firm\xe2\x80\x99s regulators and internal auditors.

Qualifications

The strengths and skills that will help you succeed

• Skills and expertise

• Business:

• Financial Security - Strong knowledge of AML/ KYC, U.S.A. PATRIOT Act, Bank Secrecy Act
• Risk Monitoring
• Internal Audit Knowledge

• Transversal:

• Ability to develop and adapt a process
• Ability to develop others and generate people\xe2\x80\x99s commitment
• Analytical Ability
• Behavioral skills

• Communication skills \xe2\x80\x93 oral & Written
• Knowledge of the English is required.
• Attention to details/ rigor
• Critical thinking
• Methodologies, tools and technologies:

• Strong computer skills including MS Office Suite.
• Knowledge of Actimize is a Plus
• Experience level

• 7 to 10 years of experience with a financial services firm and/or regulatory organization in an AML compliance, audit, or regulatory related position.

Preferred Qualifications:

• BA or BS Degree accounting, finance, legal, economics or related discipline a must.
• CAMS Certified a plus.

What\xe2\x80\x99s in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits,

What you need to know

• We will review candidates as they apply, so don\xe2\x80\x99t wait to submit your application;
• If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;
• You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas\xe2\x80\x99 office(s) is an essential function of this position;
• Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments,

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 65 countries, with more than 190,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas\xe2\x80\x99 mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,200 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

• Montreal Top Employer 2023
• Canada\'s Best Diversity Employer 2023
• Women in Governance \xe2\x80\x93 Parity certified - Gold certification
• CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
• Pride at Work Canada
• Rainbow Accreditation issued by Canada\xe2\x80\x99s LGBT+ Chamber of Commerce (CGLCC)
• ROSEPH \xe2\x80\x93 Grouping of specialized organizations for the employment of persons with disabilities
• IndigenousWorks
• Part of Les Affaires top 300 companies in Quebec

Do you want to discover other BNP Paribas offers in Canada?

Click here:

** Only selected applications that meet the requirements of the role will be contacted **

BNP Paribas