Associate Level 1/senior Associate - Mumbai, India - BNP Paribas

BNP Paribas

Verified Company

Mumbai, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

ASSOCIATE LEVEL 1/SENIOR ASSOCIATE - PROJECTS SUPPORT (

JOB NUMBER:
BNP023340)

Job Description -
OPTI - AML Project Support

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees.

It has key positions in its three main activities:

Domestic Markets and International Financial Services (whose retail‐banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860.

Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach.

With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center.

We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Function / Business line:

ISPL Compliance Hub as a department was established in November 2013 at ISPL in Mumbai, India with the hire of a department head.

The ISPL team provides support on compliance administrative level tasks to BNPP compliance teams globally.

The scope of work includes offshoring administrative and Level I support to functions such as:

Training Support
Capital Markets Surveillance
Employee Personal Account Dealing
Electronic Communications Surveillance
Offshoring/Outsourcing Coordination
Projects & System Support
KYC Support
AML Transaction Monitoring Project Support

Job Title:

ASSOCIATE/SENIOR ASSOCIATE - PROJECTS SUPPORT

Date:

04/05/2023

Department:

ISPL Compliance Hub

Location:

Mumbai, India

Business Line / Function:

OPTI

Reports to:

- (Direct)_

Head

ISPL Compliance Hub

Grade:

(if applicable)

Associate/Sr. Associate
- (Functional)_

Number of Direct Reports:

None

Directorship / Registration:

NA

Position Purpose
The
OPTI is looking for a permanent staff, who can support on AML process lead objectives and take care of fine-tuning initiative for compliance domain within various BNP Paribas business line _(i.e. Securities Service, CIB, Correspondent Banking, etc.)_.

The team will be project coordinators between IT, Central, Regional & Local Compliance by handling the responsible such as,

Threshold calculation
Using ATL/BTL & Percentile Methodology;
AML Tool (Actimize) Model enhancement
Resolving the data quality issue of alerts monitored in AML Tool;
Changing the parameter to avoid false positive hits for the L1 users
Creating BRD on enhancing the model for better function of AML tool (Actimize)
Provide recommendation on methods as AML monitoring process, Backtesting and Fine-Tuning methodologies, Organization & Set up required. Accompany Business lines on the initiative of implementing Fine tuning
Development / distribution of dashboards
KPI Deliver to monitor the process and also tracking the AML fine tuning projects
Performing UAT alert volume analysis and ensuring accurate functioning of the AML models
Handle various AML process optimization project for various domain.
Promote process leader achievements on AML deliverables through various available channels
Provide enduser trainings and guidance on the AML system to compliance users
Extend support to ongoing or new initiatives / studies under scope of
OPTI to further improve AML monitoring framework
Support the functional Specification process, including the review of the data analysis, mapping and translation routines documents
Ensuring all regulatory requirements and integrity of relevant information are adhered for each AML projects;

Other Responsibilities

Support local compliance on monthly alert monitoring activity performed on exceptional scenarios not covered via AML (Actimize) tool;
Support review of data model, business logic, and case manager configurations to ensure they are in compliance with set requirements, global and local
Support the management of the global standards. Document local requirements and support the process of global standard extension as well as local exceptions management.
Support documentation needs for requirements, test plans, standards, and any other need.
Support the functional Specification process, including the review of the data analysis, mapping and translation routines documents

and provide business input.