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

What about applying for a job that is consequential and contributing to making the world a safer and better place? What about being on the front line of the anti-financial crime fight?

Are you interested in joining a new team in AML and Control Framework? BNPP Group has transferred 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 function is now hosted by USD Clearing and Payments and a new team of investigators has been created in Montreal last September (2022).

As Head of AML Level 1, you will manage and develop a team of 20 to 25 investigators of various level in AML and 3 Quality Assurance Reviewers, support your team on a daily basis with your AML expertise, ensure all monthly alerts are timely reviewed by your team, and report KPIs to management. You will have the opportunity to recruit team members and participate to their initial and ongoing training. You will contribute to increase Front Office awareness of AML risks and actively participate to or lead process improvement efforts, proactively identifying pain points and gaps in the existing AML investigation framework, scenarios, ref flags and systems, and interacting with Compliance Transaction Monitoring and Optimization teams as well as businesses with new products/client types or technology vendors. You will opine on new technology pilots & UATs. You will be in charge of structuring straight to the point reporting to senior management and Compliance at local, regional and Group level. Finally, you will jointly with USFS, respond to the numerous regulatory and internal audits on AML matters.

In detail

Responsibilities includes:

Daily oversight of relevant metrics, reporting and control processes (L1 and L1 QA)

• Advice, oversight and challenge the AML Level 1 Program, proposing operational efficiencies to simplify the L1 alert investigation process
• Ensure adequate training of AML Level 1 investigators and QA
• Drive AML risk culture within LOD1
• Drive efficiency projects for AML Level 1 operations (from AML scenarios feedback to AI)
• Operationalize in procedures and systems Group and USFS guidance for AML Level 1
• Contribute, in collaboration with L2 and L3 as needed and AML Transaction Monitoring and Optimization (\xe2\x80\x9cTMO\xe2\x80\x9d), to the tuning and on-going maintenance of the monitoring systems used for monitoring and/or improvements to existing reports;
• Manage the relationship with various stakeholders - primarily USFS, Heads of businesses, IG and regulators- and organize relevant governance
• Participate to relevant industry forums
• Assisting in related matters during examinations by the firm\xe2\x80\x99s regulators and internal auditors.

In this role, you will see a direct link between geopolitical tensions and your work. You will actively contribute in the fight against money laundering, terrorism financing, human trafficking, and tax evasion. Your work will matter.

Qualifications

The strengths and skills that will help you succeed

To be successful, you will need to excel in team management, demonstrate strong leadership, and exemplify personal and professional excellence. You will need to master the BNPP AML policies/procedures, Actimize scenarios and have a very good understanding of BNPP Group products. You will need to have an excellent command of Excel and other reporting tools (PowerBI, Tableau\xe2\x80\xa6) and experience in process optimization.

Skills and expertise

• Business:

• Financial Security - Strong knowledge of AML/ KYC, U.S.A. PATRIOT Act, Bank Secrecy Act
• Tax Evasion Prevention
• Know Your Client - KYC
• Risk Monitoring

• Transversal:

• Ability to inspire others & generated people\xe2\x80\x99s commitment
• Ability to develop others and generate people\xe2\x80\x99s commitment
• Ability to develop and adapt a process
• Analytical Ability
• Ability to set up relevant performance indicators
• Behavioral skills

• Organization Skills
• Ability to Deliver/Result driven
• Ability to share/pass on knowledge
• Critical thinking
• Ability to synthetize/simplify
• Language :

• Knowledge of the English is required.
• Methodologies, tools and technologies:

• Strong computer skills including MS Office Suite.
• Knowledge of Actimize, GCARS, CRDS, RMPM, Worldcheck, LexisNexis, Orbis is a Plus
• Experience level

• 10 + years of experience with a financial services firm and/or regulatory organization in an AML compliance, audit, or regulatory related position.
• Strong VP or Director
• Experience in a Management position

Preferred Qualifications:

• Strong understanding of SWIFT and payment messages.
• Good knowledge of BNPP products
• Bachelor Degree in 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

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

BNP Paribas