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Assistant Manager/Manager - AML

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BNP Paribas

1mo ago

  • Job
    Full-time
    Senior & Expert Level
  • Banking & Finance
  • Mumbai

AI generated summary

  • You need 6-9 years in AML, banking, or finance; strong analytical skills; attention to detail; good communication; team player; familiarity with AML regulations; and proficiency in Power BI and data analysis.
  • You will monitor AML/CTF risks, analyze ATOM alerts, ensure timely escalation, support compliance procedures, collaborate with teams, manage operational efficiency, and prepare reports.

Requirements

  • At least 6/7 years’ relevant experience in banking /financial industry or handling AML transaction monitoring and investigation.
  • A good understanding of corporate banking and trade finance transactions.
  • Familiar with international AML regulations and sanctions.
  • Good communication skills and eager to learn.
  • Proactive and alert to AML risks.
  • Analytical and with an investigative eye for accurate details and red-flag situations.
  • Ability to work in a team as well as independently.
  • Ability to write concisely and clearly; and to produce clear constructive advice under pressure and within short timeframes.
  • Must evidence an attention to detail and have an investigative and questioning nature.
  • Must have strong interpersonal skills, a flexible, collaborative and team-oriented approach to problem-solving and an ability to work in a fast-paced, rapidly changing environment, and preferably with some experience of dealing in multiple countries in APAC region.
  • Bachelor's degree or equivalent from an accredited institution (e.g. ICA or ACAMS). Post-graduate degree or law degree may be a plus.
  • Asian language capability is desirable, but not essential.
  • Education Level: Bachelor Degree or equivalent.
  • Experience Level: At least 8-9 years.
  • Other/Specific Qualifications (if Required): Power BI.
  • Data Management.
  • Advance MS Office.
  • Data Analysis.

Responsibilities

  • Perform ongoing AML/CTF risk monitoring on clients and account transactions covered by APAC AML Activity and Transaction Ongoing Monitoring ("ATOM") tool.
  • Review, analyze and dispose of ATOM alerts in accordance with predefined rules and relevant procedures.
  • Obtain and upload alert analysis results and relevant material for record keeping purposes.
  • Prioritize ATOM alerts and conclude the alerts as quickly as possible and within the indicative target timelines without compromising the quality and completeness of the analysis.
  • Ensure escalation of ATOM alerts to Country Compliance is proper, in a timely manner and supported by relevant information and due diligence search results.
  • Support the Head of APAC ATOM Hub to implement and execute APAC ATOM procedure and other relevant policies and procedures of BNPP.
  • Assist in ATOM projects and user testing assessments as and when required.
  • Comply with APAC ATOM procedure and other relevant policies and procedures of BNPP as well as relevant AML/CFT/Sanctions laws and regulations; and keep updated on latest trends of AML/CFT/Sanctions laws and regulations, and industry best practice.
  • Collaborate and work in tandem with team members of APAC ATOM Hub and relevant stakeholders.
  • Be supportive and adoptive to changes of procedures and scope of works.
  • Meet the QA requirements and the expected daily alert disposal volume. Notify the Head of APAC ATOM Hub in a timely manner when backlog is foreseeable.
  • Contribute to the Operations Permanent Control framework.
  • Monitor turnaround times and operational efficiency. Resolve customer complaints and queries.
  • Support MO to address ultimate client needs and resolve customer complaints if any.
  • Preparation and submission of MIS and reports to management as required and disseminate information to the Team.

FAQs

What is the primary purpose of the Assistant Manager/Manager - AML position at BNP Paribas?

The primary purpose is to contribute directly to the Bank’s operational permanent control framework, focusing on ongoing AML/CTF risk monitoring and ensuring compliance with relevant regulations.

What are the main responsibilities of this role?

Main responsibilities include performing ongoing AML/CTF risk monitoring, reviewing and analyzing ATOM alerts, ensuring timely escalation of alerts, supporting the implementation of APAC ATOM procedures, and complying with AML/CFT/Sanctions laws and regulations.

What qualifications are required for this position?

A Bachelor's degree or an equivalent qualification is required, with a preference for post-graduate or law degrees. Relevant certifications such as ICA or ACAMS are also desirable.

How many years of experience are needed for this role?

At least 6-9 years of relevant experience in the banking or financial industry, particularly in handling AML transaction monitoring and investigations, is required.

Is knowledge of international AML regulations important for this position?

Yes, a good understanding of international AML regulations and sanctions is essential for effectively performing the responsibilities of this role.

What technical skills are required for the position?

Skills in Power BI, Data Management, Advanced MS Office, and Data Analysis are required for effective performance in this role.

Will the successful candidate need to work as part of a team?

Yes, the role requires collaboration and teamwork, as well as the ability to work independently when needed.

Is there an opportunity for professional development within this position?

Yes, the role offers opportunities for professional growth, including participating in projects and enhancing skills related to AML/CFT and compliance.

Are there any language requirements for this role?

While Asian language capability is desirable, it is not essential for this position.

What qualities are important for candidates applying for this position?

Important qualities include strong attention to detail, proactive identification of AML risks, good communication skills, and the ability to produce clear and concise reports under pressure.

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BNP Paribas

The bank for a changing world

Finance
Industry
10,001+
Employees
1848
Founded Year

Mission & Purpose

more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: ⚆ Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; ⚆ Investment & Protection Services for savings, investment and protection solutions; ⚆ Corporate & Institutional Banking, which is focused on corporate and institutional clients. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and Investment & Protection Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.