• Within BNP Paribas, the Compliance is a global function which gathers around 4000 employees working worldwide on five areas of expertise (Financial Security, KYC, Market Integrity, Clients' Interests Protection, and Professional Ethics). The Financial Security aims to prevent corruption, money-laundering and financing of terrorism and to comply with embargoes and international financial sanctions. To this end, BNP Paribas has set up a comprehensive Anti-Money Laundering process to deal with alerts coming from external triggers, the Transaction Monitoring System and the business (called Unusual Activity Reports). The alert management framework is organized into 3 levels to screen and process alerts: level 1 (within the business), level 2 (within Compliance: case investigation and drafting of the Suspicious Activity Report) and level 3 (Compliance final decision on the case before sending the case to local regulator).
• The Compliance is recruiting Compliance officers to staff the new team in Lisbon which will handle the UARs from FRB (France) within the 2nd level of the alert management framework.

Your Main Activities Are

• Ensure a follow-up on the UARs that are pending for more data within the business
• Suggest process simplification and systems and methodologies enhancements
• Assist AML Compliance officers on how to treat a case (most difficult cases or when a new procedure/policy is issued)
• Perform a 4 eyes control on the case declared closed by the junior compliance officers
• Perform quality checks on the closed UARs
• Make a decision to definitely close the case or escalate suspicious cases for further review and investigation to Level. Maintain an appropriate audit trail and documentation to support the evidence and resolution of each case
• Prepare a quality feedback to the business on received UARs (monthly) to improve the relevance of the UARs
• Keep updated on developments on KYC/AML/CFT/Sanctions laws and regulations and exchange with onshore teams (Compliance, back offices/business, Global Financial Security team, etc)

Profile and Skills to Success

• French fluency (mandatory, both oral and written communication - Level B2)
• he ability to learn new tasks and processes quickly and repeat these consistently
• Strong degree-level academic qualifications or significant experience in retail banking (products, services and operational processes)
• Rigorous, well-organized with a structured and logical approach
• V6, Excel and Word skills
• Working knowledge of English (both oral and written communication)
• Experience in AML controls within a bank or a financial institution is a plus

About the Team

The primary responsibility of the team will be to conduct (in accordance with policies and procedures) the due diligence investigations for AML UARs sent by the business, close false alerts and escalate to onshore AML teams suspicious cases for further investigation.