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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

In close partnership with Head of Due Diligence Canada, oversee the following Due Diligence teams and activities: 

Due diligence: As part of a comprehensive action plan to prevent money laundering and terrorist financing activities (anti-money laundering and anti-terrorist financing), the Manager Due Diligence ensures that all Customer Information Forms (Know Your Customer, KYC) are completed for both existing and new customers.

This includes a risk assessment that requires careful analysis of the client’s documents, which are managed through a central repository of KYC forms.

The incumbent coordinates with his team of analysts and controllers, the team in charge of the production system and other teams responsible for good diligence to obtain all documents required by internal and external regulations

The incumbent is responsible for the creation and supervision of all KYC documents, the timely transmission of files to a higher level of intervention and the timely completion of the KYC process. The scope of responsibilities will include US, Canada, Latin America and Mexico.

In partnership with the Group and the region

  • Implementation of applications and data migrations (GCARS/MAOS/FENERGO).
  • Align MAOS-related processes to regional and Group standards, including KYC and FATCA.
  • Analyze and propose business development options in the context of Group, regional and territory activities.

In detail

  • The scope of responsibilities will include US, Canada, Latin America and Mexico
  • Manage the KYC portion for client onboarding’s
  • Assign operational tasks within the team, perform responsibility split and delegate tasks as appropriate
  • Develop and maintain good relation with internal stakeholders in order that outstanding issues are resolved in a timely manner
  • Build and maintain excellent working relation with other internal clients such as Legal, Risk and other Due Diligence teams
  • Ensure an appropriate analysis and escalation of issues to senior management
  • Coordination at the regional level and with the local compliance service to adapt global and regional policies and procedures to Americas requirements
  • Ensure the appropriate trainings are assigned to the team and the mandatory trainings are completed within required timeframe
  • Notify local Compliance/Financial Security when a client’s identity or document appears to be fraudulent or suspicious
  • Contribute directly to permanent operational control by identifying operational risks, applying and implementing procedures, ensuring the rigour, completeness and quality of controls, transmitting problems to management and resolving them through coordinated action plans

Statistics and Metrics follow-up 

  • Daily control and analysis of the production for US, Canada, Latin America and Mexico
  • Monitoring implementation of enhanced KPI for US, Canada, Latin America and Mexico
  • Release weekly, monthly and quarterly reports to management
  • Review the existing indicators on a regular basis and suggest new ones when required

IT developments follow up

  • Escalate as soon as possible the potential technical issues that could put the production at risk, affecting productivity, operational risk or client satisfaction.
  • Identify and evaluate the systems development’s needs. Take part in the ROI evaluation and follow up on prioritizations
  • Take part in the team’s projects (validate specification, perform tests, …)

Management

  • In achieving its objectives, the Team Leader is responsible for the day-to-day management of a team of employees with different levels of experience and skills.
  • Make sure the team members are fully trained on their respective areas
  • Maintain a high level of cross training by proposing a solid and sustainable cross training plan within Client Engagement and Protection
  • Setting annual objectives for team members and provide feedback regarding their performance when required
  • The manager must ensure that his team knows and applies the policies and procedures established by the various functions at the Bank (Legal Affairs, Compliance, Credit, Finance, Front Office, Head of Desk and Head Office).
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Confirmed 19 hours ago. Posted 28 days ago.

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