Compliance Officer Financial Security

What is this position about?

As a Compliance Officer Financial Security, you will ensure adherence to local regulatory and group policy requirements by providing KYC advisory to business lines, safeguarding client engagement, and supporting client protection measures.

Your role includes reviewing onboarding and recertification files and contributing to the enhancement of the KYC and financial security framework. This position demands a strong understanding of compliance principles and the ability to drive effective risk management practice.

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

KYC Advisory 

•    Provide general advisory to the business lines and functions on Financial Security/KYC issues, standards and policies 

•    Contribute to the enhancement of the Financial Security framework 

•    Review, coordinate and provide advice, analysis and approvals for KYC files escalated to Compliance 

•    Update and implement KYC/AML/CFT/Sanctions procedures in line with local regulatory and Head Office requirements 

•    Advise and provide guidance to the Business and Due diligence Team on KYC / AML requirements and related issues 

•    Keep updated on group policies and development in KYC, AML/CFT, sanctions, embargoes and related AML laws and regulations and ensure that local policies and procedures are correspondingly kept updated 

•    Participate in KYC/AML/CFT/Sanctions related projects as required, including but not limited to implementation of new/enhanced systems and tools 

•    Prepare training materials and provide training on KYC/AML/CFT/Sanctions procedures 

•    Prepare, provide support and coordinate all reports, updates and dashboard (including but not limited to those required for submission to Regional office and/or Head Office) 

•    Provide support and coordination on the KYC/AML/CFT/Sanctions control framework, review and processes and propose streamlining solutions for better efficiency and workflow 

•    Contribute to the enhancement of the KYC/FS framework 

•    Provide support and engage SG Territory Compliance and Business to cultivate a strong KYC culture within the territory 

Competencies (Technical / Behavioural) 

•    Relevant experience in AML/CFT/KYC in financial institutions with a particular focus on corporate and investment banking activities 

•    A good understanding of corporate & investment banking activities including but not limited to structured finance, cash management, correspondent banking, global markets, shipping, aviation, project finance and securities businesses 

•    Good general knowledge of international AML standards and principles, with strong familiarity with local AML regulations (MAS Notice 626 and related guidelines) 

•    Strong interpersonal skills, a flexible and collaborative team-oriented approach to problem-solving and an ability to work in a fast-paced, rapidly changing environment 

•    Attention to detail and an investigative and questioning nature 

•    Hands-on work style, with the ability to work independently to carry out projects 

•    Possess extensive research skills to aid in establishing and/or validating required information and documentation 

•    Ideally be familiar with use of KYC screening tools 

•    Proactive and alert to AML/CFT/sanctions risks 

•    Analytical mindset and with an eye for accurate details 

Specific Qualifications Required 

•    Bachelor degree or equivalent 

•    Relevant industry certification in AML/CFT and Sanctions (e.g., ACAMS or ICA)  

•    Minimally 5 years in Compliance or related role

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.

 https://careers.apac.bnpparibas/

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