● Organize a consistent and coherent roll out of Group Financial Security (GFS) policies and processes across his/her Operational Perimeter (OP)
● Steer the Financial Security function within OP (at central and local level), in cooperation with the Head of Compliance Vietnam, Head of FS Compliance APAC, GFS and OP Compliance COO
● Oversee Financial Security activities in all BL and Territories that are vertically integrated within OP, with the exception of some joint-ventures, depending on shareholders agreements
● Relay the animation of the Financial Security Community within his OP with the support of the Head of Compliance Vietnam, Head of FS Compliance APAC, GFS and in accordance with the global animation strategy defined at Group level
● Set the tone to develop a strong Financial Security culture in OP
● Maintain a consolidated view of OP risks and reporting it to Head of Compliance, Vietnam and Head of FS Compliance SEA and APAC
I. Expert activities
● Advise on FS topics escalated by business
● Escalate most sensitive transactions, new activities / products, incidents & investigations to Group Financial Security
● Execute the Decision Process
● Support heads of business lines in assessment of financial security risk
● Adapt policies (if needed) and roll-out GFS policies and processes at OP level
● Ensure Business translates FS policies into operational procedures
● Adapt control plans (if needed) and oversee level 2 controls and deployment of key reporting indicators
● Organize regulatory watch on FS topics and ensure sharing of major topics with Head of Compliance Vietnam, Head of FS Compliance APAC & GFS and all other OPs
● Adapt (if needed) and coordinate the deployment of FS Community Animation plans (trainings, seminars…) within his/her OP
III. Organizational Enablers
● GFS/COO: Define annual priorities with input from Head of FS Compliance APAC, GFS, and OP Compliance COO
● OP Compliance COO: Deploy FS tools & systems
Know Your Customer
I. Implementation of the target organizational model and of the Remediation plan
● Overall reorganization of the function
II. Carrying out Know Your Customers duties
● Maintain KYC policies for the territory, including scoring grids
● Accompany KYC policies’ deployment in businesses (e.g., advise on translation into business procedures)
● Co-sponsor projects related to businesses’ workflow tools (e.g., definition of Group best practices)
● Co-sponsor projects related to businesses’ database improvements (e.g., database requirements)
● Co-sponsor projects related to businesses’ scoring tools
● Define KPRIs for KYC reporting
● Build reporting architecture and consolidate reporting on KYC
● Co-validate control plan on KYC
III. Management of the function
● Sponsorship of KYC tools, most likely on negative news IT tools (e.g., Alacra, Dow Jones Watchlist…), as well as co-sponsorship of Risk Oversight and On-Site Reviews tools
IV. Internal and external representativeness
● Representation of KYC in your territory as a permanent member of the Compliance executive committee and market bodies
● Link with local regulation authorities in the territory.
● Establishment of professional and serene relationships with the other Domains and the other Managers of Operational Perimeters
Compliance ABC Correspondent
I. Governance
· To identify all the ABC stakeholders
· To act as an entry point for the Ops, BL, / Regions/Territories, Entities and the local stakeholders on ABC related matters.
· To coordinate and to communicate on all ABC matters with stakeholders across their OPS, BLs, Regions/Territories, Entities in a ABC dedicated committee or in a compliance committee;
· To articulate and coordinate the anti-corruption set-up.
· To make sure that all corruption related matters either internal or external, are well covered and reported to their Ops, BLs, Regions/Territories, and Entities
II. Risk Mapping
· To assess control environment for ABC Risk mapping (all questions and risk statements flagged ABC); To coordinate with other stakeholders when necessary.
· To obtain validation from each local unit’s responsible.
· Training
· To ensure that their population has been properly trained in accordance with ABC training policy (identification and segmentation based on their risk of exposure).
· To ensure compliance with ABC guidelines
· Recommendations and action plans follow up.
· To follow up ABC related recommendations and action plans as well as to coordinate stakeholder’s actions when needed.
III. Procedures, controls and reporting
· To ensure that the ABC global policy and the ABC topics covered by other policies / procedure are rolled out for their scope and that all exceptions regarding ABC matters have been properly approved.
· To ensure that ABC matters included in other Generic Control Plan have been properly rolled out, that controls are performed and reported to BL/Territories/Entities Units and ABC dashboards are communicated to management.
· To coordinate with all ABC correspondents the answers to the AFA questionnaire.
· Detection and decision process
· To advise on alerts and cases related to corruption on request.
Key Interaction
· Head of Compliance Vietnam
· Head of FS and KYC Compliance Southeast Asia
· FS Compliance Officers / Correspondents in Territories / Business Lines within APAC
· Other Domain Leaders APAC (i.e., KYC / Market Integrity / Professional Ethics)
Other Control Functions representatives
What is this position about?
• The job purpose of the Chief Administrative Officer (CAO) role for Securities Services Singapore is to report and partner directly with the Head of Location for Securities Services Singapore providing value added support, governance, strategy, Conduct and control.
• The CAO has direct responsibility for Conduct and Control, Transversal (including management support) & regulatory projects
What would be your typical day at BNPP Paribas look like?
Operational Permanent Control
• Provides specialized services and expertise on technical areas such as Operational Risk, Permanent Control and BCP.
• Works closely with the heads of the business and various leadership teams providing technical advice and support to correctly assess and mitigate operational risks and improve quality.
• Coordinate and manage the OPC team and represent Securities Services SG to relevant governance committees (Territory Internal Control Committee, Securities Services APAC Permanent Control Committee…).,
• Implement the BNPP group operational permanent control framework and methodology,
• Prepares and submits regular reporting to the Head of Location and to Securities Services OPC function, raises alerts on a real time basis if necessary,
• Assists internal and external auditors in relation to their inspections.
Outsourcing Governance Coordination
• Responsible for the proper implementation of the Securities Services/ CIB Outsourcing Policies and guidelines, considering local regulatory requirements.
• He/she is responsible for the oversight of the outsourcing function for the business line making sure that the implementation of the Securities Services Global Outsourcing
• Responsible for all BCM/ BCP topics and part of the Crisis Management team within BNPP Singapore (as Securities Services representative).
• General Data Protection Regulation (GDPR): The Chief Administrative officer will act as the GDPR SPOC for the location (or will delegate to one of his/ her team member if applicable).
• Record Management: Ultimate responsible for the adequate rollout of the Group/ CIB Record Management policies and guidelines.
Conduct
• Coordinate & manage Conduct topics for Securities Services Singapore
• Sponsor and promote Control & Conduct frameworks and projects
• Ensure Conduct governance is fully operational, as per standard guidelines: Conduct is a standard item at the agenda of management or team meetings, Conduct dilemma are well managed and documented, the escalation process is in place, Conduct responsibilities are delegated throughout the perimeter in charge.
• Be aware of the Conduct risks arising in the perimeter in charge and make sure that appropriate mitigating processes and controls are in place.
• Develop understanding of Conduct principles by ensuring staff participation to awareness & training sessions.
Coordination of functions mutualized at the BNPP Singapore Territory level
Develop a closer coordination with certain key mutualized functions, such as but not limited to Finance, Human Resources, Compliance and Legal (with exclusion of IT), in order to:
• Improve communication in relation to Securities Services SG needs and expectations,
• Increase visibility on the services received,
• Address any potential gap identified,
• Improve collaboration.
• Analyses the possibility and economic interest of the mutualization of additional tasks.
Oversight of Finance related tasks
• Become and act as a finance partner vis-à-vis internal Securities Services Singapore stakeholders and local (or regional Management).
• Implement, lead, and maintain an adequate local governance related to the reporting of Securities Services Singapore financials (committees’ implementation/ roles and responsibilities definition).
• Help optimizing the reporting and monitoring of the revenues within Securities Services Singapore while applying a strict control over our direct costs and challenging the indirect costs charged to the location (especially recharges from Group and Functions).
• Escalate in a timely manner any financial one-off with significant impact over our P&L, ensuring the local Management team as a deep understanding of the main variations of our financials.
Transversal
• Sponsors transversal projects related to areas under his/her responsibility, ensures that such projects dispose of appropriate resources and that their objectives are met within the defined deadlines and budgets.
• Provide management support to the Head of location over the transversal topics.
• Oversight of business management team
What is required for you to succeed?
• Knowledge of risk management concepts and methodologies
• Knowledge of financial reporting and accounting principles
• Knowledge of auditing principles
• Analytical skills: ability to collect and handle a significant volume of information, then to interpret them with professional skepticism
• Excellent written and oral communication skills
Required education/certification/licenses
• Minimum 10 years of experience in Audit of financial institutions, and/or Head of Operational Permanent Control in a BNP Paribas group entity, and/or Operations in Securities Services industry, in a role related to risk monitoring
• Finance related background
• Management or supervisory experience
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.
Securities Services is a leading global custodian and securities services provider backed by the strength of an integrated bank. It provides multi asset post trade and asset servicing solutions for institutional participants in the investment cycle, from the buy-side and sell-side to corporates and issuers. It has offices in six locations in Asia Pacific: Singapore, India (Mumbai and Chennai), Hong Kong, China, Australia and New Zealand.
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
- Frame the project upfront, define the most adequate governance to lead the project to success and get signoff
- When relevant, consolidate the design the solution that the project is to deliver, with proper signoff from clients & IT architecture & relevant contributors
- Build/consolidate and maintain the project plan, effectively manage unplanned events, manage dependencies and critical path,
- Drive the project team to completion in close interaction with the Project Sponsor, ensure effective communication, continuous alignment of all contributors and timely running of governance routines
- Take responsibility for – when appropriate – some of the actions and analysis related to the project, without losing focus on the roadmap
- Secure the staffing of the project team, with the support of line managers and/or relevant governance body in charge of allocating resources
- Perform project retrospective to leverage on experience and learn lessons for improvement for the future.
- Be able to provide Project progress KPI, allowing to demonstrate adherence (or not) to initial plan
- Proactively propose and set-up mitigation plans.
- Publish their own highlights for their project.
- In-depth knowledge of Front Office to Finance processing chains logics.
- Good technical understanding of capital markets products.
- Experience in a project manager role.
- Strong track record in successful interactions with peers in a non-hierarchical framework.
- Strong analytical skills.
- Strong communication and reporting skills.
- Strong interpersonal skills.
- Strong problem-solving and negotiation skills.
- Organised and delivery-focused, with attention to detail.
- Proactive, proposing or taking own initiative to prevent risks / issues.
- Ability to work well under pressure and to take the initiative.
- Solid work ethic, high level of motivation and resilience.
- Receive orders and instructions directly from clients
- For certain products types, quote prices to clients
- Ensure pre-trade due diligence checks
- Ensure orders are properly executed and proceeded including but not limited to proper voice log, suitability & credit limit check
- Capture executed deals in systems by cut-off time
- Ensure accuracy of capture to avoid incidents and dealing errors
- Appropriate understanding of client portfolio, background and investment needs
- Coordinate and follow-up with invitees for marketing events organized by BNP Paribas (“the Bank”)
- Organize clients meetings with RMs
- Prepare documentations for client portfolio reviews and valuation
- Assist RMs to prepare meeting and presentation materials
- Support Relationship Manager in providing investment advisory to clients, which is to be in line with Bank’s views on each class of assets and within client’s suitability profile
- Assist Relationship Manager to meet bank’s target in terms of product placement (especially when there is a product promotion), new accounts (particularly for existing relationship) and loan utilization
- Whenever possible, to identify opportunities to expand client assets.
- Provide feedback to relevant parties to meet front office needs
- Ensure RMs are informed on a need-to-know basis of any changes impacting the work processes
- Back up other MAs
- Answer clients’ phone calls in a professional manner
- Take care of queries from internal/ external parties
- Assist managers in completing call reports
- Assist managers in account opening and onboarding process
- Assist in processing credit approvals, CAF review, credit review, investments and deposit transactions
- Assist RMs to prepare internal and external meetings materials
- Direct contribution to the Bank’s operational permanent control framework
- Responsible for the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- Comply with regulatory requirements. Most importantly, to observe FAA and SFA requirements in the discharge of duty as Senior MA and as an employee of the Bank.
- Comply with internal guidelines
- Responsible for reporting all incidents according to the Incident Management System
- Good report writing skills
- Familiar with Word Processing, Excel and PowerPoint
- Familiar with Wealth Management systems
- Minimum 5 years’ relevant working experience in finance and banking industry
- Must fulfill the fit and proper criteria of relevant regulators
- Manage a portfolio of complex initiatives that span across one or multiple lines of business.
- Assume ownership of topics related to assigned projects for relevant tasks, procedures, regulatory survey/submissions/certification or queries.
- Coordinate one or more teams through brainstorming concepts, documenting clear project requirements, and delivering quality.
- Provide leadership for project team by building and motivating team members to meet project goals, adhering to their responsibilities and project milestones.
- Full project life cycle ownership: successful project delivery will include full implementation from initiation to deployment for one major or several minor initiatives simultaneously.
- Manage all aspects of multiple related projects to ensure the overall program is aligned to and directly supports the achievement of strategic objectives.
- Report on project success criteria results, metrics, test and deployment to management.
- Prepare estimates and detailed project plan for all phases of the project.
- Procure/identify adequate resources to achieve project objectives in planned timeframes.
- Act as an internal quality control check for the project.
- Manage ongoing quality control and participate in quality issue resolution.
- Deliver appropriate and effective executive level communication.
- Participate in establishing practices, templates, policies, tools and partnerships to expand and mature these capabilities for the SEA COO Office.
- Contribute to SEA COO Office BAU tasks.
- Support COOs in SEA territories.
- Manage a portfolio of complex initiatives that span across one or multiple lines of business.
- Assume ownership of topics related to assigned projects for relevant tasks, procedures, regulatory survey/submissions/certification or queries.
- Coordinate one or more teams through brainstorming concepts, documenting clear project requirements, and delivering quality.
- Provide leadership for project team by building and motivating team members to meet project goals, adhering to their responsibilities and project milestones.
- Full project life cycle ownership: successful project delivery will include full implementation from initiation to deployment for one major or several minor initiatives simultaneously.
- Manage all aspects of multiple related projects to ensure the overall program is aligned to and directly supports the achievement of strategic objectives.
- Report on project success criteria results, metrics, test and deployment to management.
- Prepare estimates and detailed project plan for all phases of the project.
- Procure/identify adequate resources to achieve project objectives in planned timeframes.
- Act as an internal quality control check for the project.
- Manage ongoing quality control and participate in quality issue resolution.
- Deliver appropriate and effective executive level communication.
- Participate in establishing practices, templates, policies, tools and partnerships to expand and mature these capabilities for the SEA COO Office.
- Contribute to SEA COO Office BAU tasks.
- Coach, mentor, motivate and supervise project and program team.
- Monitor staff performance and if required support on performance reviews.
- Support COOs in SEA territories.
- Strong leadership, diplomatic and motivational skills including the ability to lead up, across and down multiple business and technology organizations.
- Experience in Agile, SCRUM etc. methodologies will be an added advantage.
- Work creatively and analytically in a problem-solving environment demonstrating teamwork, innovation and excellence.
- Experience leading, motivating and managing various project and program team sizes, including internal and external resources, while holding team accountable for performance.
- Strong experience presenting to executive sponsors and demonstrated communication skills; both written and oral with technical and non-technical staff, all levels of management.
- Experience influencing and gaining buy-in from executives sponsors, team members, stakeholders and peers.
- Excellent leadership, communication (written, verbal and presentation) and interpersonal skills.
- Tools: MS Excel, Word, PowerPoint and Power BI.
- Proactivity and capacity to take initiative.
- Excellent communication skills.
- Capacity to work in a stressful environment.
- Strong ability to multi-task.
- Good team player.
- Self-motivated, decisive, with the ability to adapt to change and competing demands.
- Adept at conducting research into project-related issues and products.
- Must be able to learn, understand and apply new technologies.
- Bachelor’s Degree in appropriate field of study or equivalent work experience.
- 10+ years of project management experience, including tracking and planning projects.
- 10+ years of experience working with business stakeholders within a cross-functional matrix environment.
- Must have previous project experience in implementing bank-wide regulatory requirements.
- Intermediate level of proficiency with MS Excel, Visio, PowerPoint SharePoint and Power BI with experience presenting to stakeholders, senior management and/or regulators.
- Proven ability to demonstrate a drive for results and accountability of business needs.
- Proven ability to work in an ambiguous environment and collaborate across multiple areas in order to achieve common business objectives.
- Proficient in oral and written English language.
* BNP Paribas Securities Services is seeking five motivated and detail-oriented interns to join our Client Delivery department for a six-month internship. This position offers a unique opportunity to gain hands-on experience in the financial services industry, working with a global leader in securities services
* The Client Delivery intern will support the team in delivering high-quality services to our clients, ensuring their needs are met with efficiency and professionalism
* You’ll work closely with a variety of colleagues who will help you develop your knowledge and capabilities so that you’re set up to succeed
* Our 6-month internship programme will provide you with training and dedicated support to help you develop an in-depth knowledge of specific areas of the banking sector
What would be your typical day at BNPP Paribas look like?
Role Responsibilities
In Private Capital, you will:
* Contribute to new clients onboarding, requiring large data extraction and reconciliation
* Process end-to-end transaction by capturing and processing cash flow transaction and ensuring the settlement of trades in the accounting system
* Source capital statements for all assets held by clients and update in the internal systems
* Reconcile market valuations and update in a Master Control sheet
In Tax Services, you will:
* Assist with client deliverables, transitions and project deliverables
* Prepare basic tax reports and reconciliations for our clients
* Use your knowledge of basic accounting and tax principles
In Investment Analytics and Data Services (IADS), you will:
* Contribute to the delivery of performance, risk and attribution reporting, mandate compliance services to clients
* Assist with new activity set up and onboarding activities
* Participate in meeting with clients to ensure the service delivery is of a high standard, maintaining a strong focus on timeliness and accuracy
In Fund Dealing Services (FDS), you will:
* Perform the preparer role for various transaction processes
* Execute trades by processing application and redemption instructions for clients investing in Unauthorised unit trusts
* Timely translate trade data into the accounting systems
* Reconcile cash/unit balances
* Settle trades
In the Business Implementation team, you will:
* Co-ordinate the daily transition activity of the team
* Develop Service Level Agreement
* Monitor the transition pipeline
* Assist with new activity set-ups and onboarding activities
* Help to improve processes and procedures to simplify operations
Other contributions
* Proactively identify opportunities to improve client satisfaction and operational efficiency
* Support the team with ad-hoc tasks and responsibilities as needed
* Engage in training and development activities to enhance your professional skills
What is required for you to succeed?
Required experience
* Strong communication skills, both written and verbal
* Excellent attention to detail and organisational skills
* Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
* Ability to work independently and as part of a team
* High level of motivation and a strong willingness to learn
* Ability to manage multiple tasks and meet deadlines in a fast-paced environment
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.
[1] https://careers.apac.bnpparibas/
More information
[2] BNP Paribas – Diversity & Inclusion Journey
[3] BNP Paribas – The Bank Of Green Changes
ROLE DESCRIPTION AND PURPOSE
Work closely with the business development and client management teams to help BNPP AM generate new business and lend support to overall business activities.
KEY RESPONSIBILITIES
- To work together with Regional and Singapore CRM to build our regional institutional business in the region covering Pensions, Insurance, Official Institutions, Corporates, Family Offices and more, with a focus in achieving target objectives and beyond.
- Work closely with the CEO of Singapore and Institutional Client Relationship Team to manage relationships with existing clients.
- To contribute and execute the business development strategy to generate new sales across Southeast and South Asia.
- Be closely in touch with market developments, asset management industry trends, competitors as well as client segment developments.
- Be familiar with investment products and strategies managed within the firm.
- Work with marketing team to support marketing strategy.
- Participate and actively engage in client presentations and seminars/conferences.
- Collaborate with team members and relevant colleagues in the preparation of client presentation materials and arrangement of regional roadshows.
- Understand and leverage the firm’s leadership position in ESG to generate sales leads.
KEY INTERNAL / EXTERNAL RELATIONSHIPS
- Internal: Investment Teams, Regional Sales Teams, Client Management, Marketing, Compliance, Product, RFP, Legal
- External: Chief Investment Officers, Head of Reserves Management, External Fund Management Teams, Consultants
ROLE REQUIREMENTS
ESSENTIAL QUALIFICATIONS & EXPERIENCE
- Competency in computing applications: PowerPoint, Excel etc.
- Have sound knowledge of global financial markets, as well as various asset classes such as equities, fixed income and alternatives.
- Must be collaborative and work well in a team as well as independently to attain overall organizational goals.
- Possess leadership qualities, required to lead projects.
- Excellent project and time management.
- Have minimum 7 years relevant experience in an asset management South Asia/South East Asia institutional sales client-facing capacity.
- Having good prior relationships with institutional clients such as pensions, insurers in the region as well as Singapore statutory board and endowments would be an advantage.
- Excellent interpersonal, presentation and negotiation skills.
- Client-focused, dynamic, responsible, entrepreneurial, experienced and confident in dealing with different levels of seniority.
- Attention to detail.
- Able to travel.
Conduct
- Be a role model, supporting and fostering a culture of good conduct
- Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
- Consider the implications of your actions on colleagues, partners and clients before making decisions and escalate issues to your manager when unsure
The FIC RM in Thailand will provide relationship management services to financial institutions, principally including banks, insurance companies, asset managers, and official institutions.
The primary focus of the role is to carry out RM responsibilities on client KYC and recertifications. To be effective in his/her duties, the RM needs to develop good client understanding and stakeholder relationship management.
The RM will report into the Head of Territory locally and functionally into the FIC team in Singapore
Key Responsibilities
* The Relationship Manager is responsible for all Onshore Client Relationships from a Primary and Secondary site perspective (as defined in the Global KYC Policy)
* Participate in Know Your Customer (KYC) and Due Diligence processes, including requesting documents from clients and associated follow-ups, whilst working closely with our Client Engagement & Protection (CEP) team
* Arrange client meetings, prepare Meeting Memos and Call Reports , before and after client meetings
* Analyze, prepare and draft client action plans where needed and appropriate
* Work with Institutional Credit Analysts (ICAT) in gathering and analyzing pertinent financial and other information in support of Credit Committee decisions in our client risk taking activities
* Participate in general administrative duties associated with FIC including annual reviews, reporting, transaction documents negotiation, client relationship management tools, and update deal record and pipelines
Specific RM KYC Responsibilities
Ensure compliance with Bank’s policies/procedures and regulatory requirements, in particular with regards to the KYC responsibilities and duties, as per relevant policies and procedures and the summary of responsibilities list attached below:
* Initiate the KYC onboarding process and is responsible to collect the KYC data (with support of the appropriate teams in charge of due diligence).
* Is primarily responsible for ensuring that customer due diligence has been completed to a satisfactory standard, and is kept up-to-date.
* Makes an assessment, in cooperation with other relevant colleagues, whether starting a new relationship or maintaining an existing relationship with a customer is appropriate, in respect of the reputation and the money laundering/terrorist financing/sanctions risks, irrespective of the possible type of business the customer is currently doing or intends to do with the bank. This assessment must be formalized in writing in the KYC package (qualitative SBO opinion describing the risks and their mitigants is mandatory in all cases).
* Uses the KYC scoring grid and judgment to determine the sensitivity, assisted by the teams in charge of due diligence. Provides the teams in charge of due diligence with the knowledge/details they need when contact with customers is required.
* Submits the customer’s KYC file to the CAC (Customer Acceptance Committee), as may be required, and provides the CAC with all information and documentation required.
* Contributes to assess the relevance and appropriateness of offering and/or maintaining certain products and services of the Bank in view of the risk profile of the customer.
* Contributes to the detection of any unusual and/or suspicious transactions by the customer with due reporting to a Compliance Officer. Employs best efforts to maintain a thorough knowledge of the customer from available documentary sources and regular direct contacts with them.
* Keep the KYC up-to date in accordance with the Bank’s standards. In particular, must trigger an ad-hoc review as soon as necessary, notably in case of becoming aware of any material adverse information in connection with any of their customers in the field of AML-CTF, in accordance with the relevant KYC policies and procedures.
Qualifications
Competencies (Technical / Behavioral)
* Communication skills: proactive, clear and concise communication skills (both written and spoken)
* Diligence: a considered decision maker, analytical and precise, able to organise and prioritise actions
* Highly motivated and pro-active individual wanting to be part of FIC and to help grow and enhance our FIC franchise.
* A strong team player & cross-cultural awareness: works effectively in a team, collaborates and shares information and solutions with FIC colleagues, other teams and stakeholders. Contributes to an environment that stimulates open dialogues and values differences of opinion
* Client focus: regards internal stakeholders as well as external clients as “customers”
* Conduct: demonstrates the highest levels of integrity and conduct
* Strong desire to continue to learn and improve in financial and market skills
* Strong computer skills in the usual business applications
* Approximately 3-6 years of related industry experiences
* The ability to speak fluent Thai is a must
Financial Accounting
Ensure accounting data are complied with the accounting standards with control in place
Main contact and coordinate with external auditors to complete financial statement
Ensure the financial statement submission to all regulators on timely basis
Participate on Finance projects and local /regional projects/products
Work with offshores team for daily and monthly work
Tax
Perform bank tax calculation (CIT, SBT and VAT) and ensure tax filing and payment on timely basis
Participate and work closely with regional / HO team for Tax matters
Main contact and coordinate with tax consultant to complete tax reports
Complete Transfer pricing documentation and filing TP disclosure
Regulatory reporting
Ensure quality of BOT & regulatory reports and submission on timely basis
Participate new regulatory projects and requirement changes
Work with project team for any new reporting enhancement, UAT and production.
Qualifications
Technical & Behavioral Competencies
Essential Knowledge/ Skills:
Practical and technical knowledge backgrounds of Financial accounting, Tax and BOT reporting
Good understanding of general banking operations.
Sense of leadership to manage team and tasks commitment to deadlines under pressure
Quick learner, self-initiative and good team player
Good communication skill in English (verbal/written) and interpersonal skill.
Analytical skill and creative thinking to have working efficient.
Good computer skills (Microsoft)
Specific Qualifications
Qualifications and Experiences:
* Degree in Financial / accounting
* Minimum of 8 years’ technical and practical experience in Finance & accounting of Banking Industry
* Tax and BOT regulatory reporting experiences
Other Preferred Competencies (not mandatory):
* CPA certificate
The main responsibility of Senior KYC Officer (SKYCO) is to perform the following functions (but are not limited to the following):
1. Overall Job Requirements
Ability to drive KYC due diligence end-to-end process 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 onboarding and recertification process issues with business, clients and internal functions
Ability to communicate independently and professionally with internal/external customers at all levels particularly senior, regional teams within Client Management ITO, as well as with teams in other BNPP locations
Being aware and demonstrate the knowledge of regulation surrounding KYC/Due Diligence for Thailand
Possessing knowledge in various types of trading entities – limited, private and public companies, holding companies, funds, asset managers, special purpose vehicle’s, trust’s and specialized sectors such as MNC, Shipping, Gaming etc.
Ability to interpret and articulate the guidelines provided by the Group Policies and Procedures to govern the KYC/AML onboarding/recertification process
2. Implementation and Process
Being responsible and work closely with BNPP offshore provider (ISPL) for ensuring each client/customer’s document collection is done in accordance with KYC due diligence policies
Contribute to good quality client data
Handle onboarding and recertification related requests quickly and professionally to reduce any delay and/or loss of business
3. Team Spirit
Working within a team – with an adaptable flexible approach, coordinate with other Flow, Regional office/Project Managers and the ISPL team members and with the different Client Onboarding/Recertification teams globally
Be open to change and support the vision of working in a fully transversal operation
4. 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
5. 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 responsibilities and duties, as per relevant policies and procedures.
Compliant with the Bank’s code of conduct and compliance guidelines
6. KYD Culture
Follow trainings about Data Quality and Data Integrity in order to spread “Know Your Data” culture
7. Operations responsibilities:
Bring Direct contribution to BNPP operational permanent control framework
Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
Comply with internal and external regulatory and compliance requirements
Comply with the BNPP standards of Code of Conduct
Comply with the BNPP IT Security policies
Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
8. Others
Assist Head of Department as and when required
Back up on tasks performed by other Client Account Management (CAM) and Client Relationship Management (CRM) officers when necessary
To handle some administration works for CEP & CO Department (e.g. storage, projects)
Contribute to the Outsourcing Control & Monitoring
Qualifications
Possesses strong analytical skills with an eye for accuracy and details
Good communicator with proficient writing and presentation skills
Strong understanding of due diligence and local Anti-Money Laundering requirements
Excellent communication and interpersonal skills
Customer centricity
Possesses strong fundamental and technical skill
Excellent PC skills, especially in Excel
Team player
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
Ability to partner with various stakeholders
Fluent in English (spoken and written)