Vice President IAG Senior Due Diligence Investigator

Business Overview:

The focus of the Investigation & Analysis Group (“IAG”) team is to perform enhanced due diligence on prospective and existing Corporate and Institutional Banking (“CIB”) relationships in an effort to protect the Bank from Anti-Money Laundering (“AML”), Counterparty and/or Reputational risk. IAG is also commissioned with managing the Client Acceptance Committee (“CAC”) for the Americas, which is a bi-weekly designated forum for discussion of these risks among Senior Business Management, Compliance, Legal, and the Front-Line Business.

CANDIDATE SUCCESS FACTORS:

Candidates will be measured on the following four (4) performance drivers which will dictate how individual impact is considered on the Americas platform

Results and Impact:

• Able to influence peers and team
• Demonstrates good judgement when making decisions of high complexity and impact
• Exercise appropriate autonomy in the execution and delivery of work
• Responsible for driving outcomes, which have meaningful effect on team or department

Leadership and Collaboration:

• Creates trust with colleagues.
• Acts in leadership capacity for projects, processes, or programs.

Client, Customer and Stakeholder Focus:

• Able to build relationships with a mix of colleagues and clients
• Interacts regularly with management and department leaders
• Demonstrates the ability to influence stakeholders at the team level

Compliance Culture and Conduct:

• Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

RESPONSIBILITIES:

• Perform analysis of existing and prospective accounts/clients and their beneficial owners, including enhanced due diligence, synthesize findings and report to management, partners, and committee members for effective assessment of viability and risk
• Investigate and review adverse media pertaining to financial crimes, AML/BSA issues, bribery/corruption, OFAC sanctions issues and assess materiality of findings based on a strong understanding of AML/BSA regulatory framework
• Draft written summaries of investigative findings
• Present accounts/customers to senior business management for discussion about potential reputational risk
• Follow-up with appropriate departments for missing or outstanding documents, whenever necessary
• Identify Politically Exposed Persons (“PEPs”) and risk rate them according to Group and Local policy
• Interact daily with Senior Management, Legal, Compliance, Advisory and other Business units on investigation findings and matters requiring escalation
• Update Tracking Tools and Systems to ensure accurate KPIs/ metrics reporting
• Conduct Quality Assurance (“QA”) reviews of case files, tracking logs and various AML processes
• Work closely with AML Compliance Department to keep abreast of regulatory guidance and rulings, enforcement actions and penalties
• Maintain close working knowledge of assigned investigations and advise supervisors of the progress and any matters of concern
• Collaborate with business partners, Compliance, Legal and/or fellow support professionals in the development and delivery of AML/BSA/KYC training/presentations

MINIMUM REQUIRED QUALIFICATIONS:

• 5 + years related experience in AML, Audit, KYC and/or OFAC/sanctions; specific experience managing complex investigations or reviews within a financial institution or governmental entity.
• Experience in AML Compliance Advisory preferred
• Specific experience managing processes or reviews within a financial institution with a focus on Corporate and Institutional Banking (“CIB”) clients
• In-depth understanding of the concepts of KYC, AML risk and Due Diligence requirements as well as an understanding of the financial regulatory landscape
• Excellent presentation skills

ABILITY TO:

• Present complex issues in succinct, simple, and straightforward manner; written or verbally
• Deal with conflicting points of view and to effect creative and responsive solutions
• Balance numerous priorities and meet time-sensitive deadlines effectively
• Comprehend and parse and/or interpret complex organizational and corporate structures for ownership percentage, subsidiary breakdown, or merger activity
• Work effectively and collaboratively with business partners and senior staff and management in a global organization to achieve desired objectives
• Skillfully transfer manual functions to computerized systems to generate meaningful data and increase efficiency

• Strong organizational and analytical ability and attention to detail is a must
• Superior written communication skills, including drafting reports, and collaborating on policies and procedures
• Team player willing to accept challenges large and small and meet them under time pre
• Use utmost discretion when handling sensitive and confidential material

PREFERRED QUALIFICATIONS:

• Bachelor’s and/or master’s degree in business, Management and/or Finance
• Experience in AML/BSA Advisory
• Foreign language proficiency a plus (Spanish, Portuguese, French)
• Certified Anti-Money Laundering Specialist (CAMS)
• Legal Degree or Experience in Legal Research
• Experience with Open-Source Databases/Public Records (Broker-Check, SEC Investment Adviser Search, Etc.)
• Experience with utilizing Subscription-based research tools (World-Check, LexisNexis, Etc.) to investigate adverse media, PEPs, Sanctions, and other red flags.
• Comfortable handling multiple assignments at once, while prioritizing based on business needs.
• Experience with synthesizing and escalating investigative findings to senior management (business writing)

FINRA REGISTRATIONS REQUIRED:

• Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable

SEC SECURITY-BASED SWAP DEALER ASSOCIATED PERSON:

• Not Applicable

The expected starting salary range for this position is between $120k to $160k annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office

location. In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring

process. This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

ABOUT BNP PARIBAS:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking(Opens in a new tab) activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - (Opens in a new tab)

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.