Permanent Senior KYC Officer

Job description

What is this position about?

Within the BNP Paribas Singapore, the Singapore Due Diligence Team's is divided into 2 teams – Client Account Management and Client Relationship Management.

The team's objective is to be the sole interface for new and existing clients for the purpose of KYC due diligence.

The goal, for this team, is to ensure a global and consistent service to both internal/external clients while maintaining proper risk management in the area of KYC due diligence.

This team will be working around 3 main themes:

•    Prioritization of on-boarding

•    Recertification, annual review, process.

•    Remediation; regulatory and process changes

Overall, the team is responsible for a qualitative and compliant KYC process for new and existing clients.

What would be your typical day at BNPP Paribas look like?

The responsibilities will be diverse and varying, reliant on work required to be actioned.

Responsibilities may include, but are not limited to the following:

Primary Role Responsibilities

•    Ability to work independent on KYC due diligence end-to-end and provide advice to relevant businesses in light of information surrounding any particular customer for both on boarding or recertification

•    Serve as 'Primary Point of Contact' to communicate and resolve any recertification process issues with offshore/investigator/compliance teams

•    Being aware and demonstrate the knowledge of regulation surrounding KYC/Due Diligence for Singapore Ability to interpret and articulate the guidelines provided by the Group Policies and Procedures to govern the KYC/AML onboarding/recertification process

•    Mitigate integrity risks for the bank by contributing to the risk assessment of (potential) business relationships based on (international) regulations against money laundering and terrorist financing, financial sanctions, and embargoes

•    Possessing knowledge in various types of trading entities - limited, private and public companies, holding companies, hedge funds, asset managers, special purpose vehicle's, trust's and specialised sectors such as MNC, Shipping, Gaming etc.

Other contributions

Implementation and Process

•    Ensure files(onboarding/recertification) are reviewed with high quality standards

•    Ensure periodic reviews are completed in timely manner in line with policies and procedures

•    Responsible for conduction Client Acceptance Committees

Team Spirit

•    Working within a team – with an adaptable flexible approach, coordinate with onshore/offshore team members and with the different Client Onboarding teams globally

•    Be open to change and support the vision of working in a fully transversal operational team

Control and Risk

•    Abide by operational risk procedures and escalate incidents to management where necessary

•    Contribute to the implementation and controls for daily processes and assist with the update of procedures

Contributing responsibilities

•    Contribute to BNPP compliance and operational permanent control framework

•    Contribute to the reporting of all incidents according to the Incident Management Systems

•    Ensure compliance with Bank's policies/procedures and regulatory requirements, in particular with regard to the KYC/AML/FS responsibilities and duties, as per relevant policies and procedures.

•    Compliant with the Bank's code of conduct and compliance guidelines

What is required for you to succeed?

•    At least 3 years of banking experience and relevant due diligence experience

•    Strong understanding of due diligence and local Anti-Money Laundering requirements

•    Possesses strong analytical skills with an eye for accuracy and details

•    Good communicator with proficient writing and presentation skills

•    Team player that supports his/her colleagues in times of stress

•    Fluent in English (spoken and written)

•    Excellent communication and interpersonal skills

•    Possesses strong fundamental and technical skills

•    Excellent PC skills, especially in Excel

•    Ability to work independently, eager to learn and with attention to detail

•    Able to deal with complex and high volume of requests

•    Ability to work to tight deadlines

•    Strong analytical skills

•    Strong sense of risk

About BNP PARIBAS

As the leading European Union bank, and one of the world's largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability.

We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•    BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050.

The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

More information

BNP Paribas - Diversity & Inclusion Journey

BNP Paribas - The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

Required Skill Profession

Other General