2022 - Full Time Analyst/Assistant Vice President - Group Financial Security
BUSINESS OVERVIEW:
The Management of BNP Paribas is committed to ensuring compliance with Anti-Money Laundering (AML)/Embargo & Sanctions rules within the entire Group. In this context, Group Compliance has decided to have a strong and permanent set-up within the US: Group Financial Security US (“GFS US”). The objectives of this unit include:
- Having the responsibility for the BNP Paribas Group framework in relation to Compliance with US Sanctions.
- Ensuring a legal watch in relation to US Sanctions in liaison with Legal Affairs.
- Issuing norms, policies and procedures in relation to Sanctions and applicable across the BNP Paribas Group.
- Providing advice on situations linked to US Sanctions across the Group.
- Acting as the ultimate level of management of the US Sanctions – related alerts.
- Acting as the sponsor of tools used to filter flows against sanctions/embargo lists.
- Risk assessment of the Group’s branches & affiliates regarding non-compliance issues through a permanent risk oversight.
- Performing on-site controls within BNP Paribas Group to verify that BNP Paribas entities comply with norms issued by GFS-US.
The Analyst / Assistant Vice President in the AATP will rotate among approximately five teams within GFS US for their first two years in the department, after which, they will be permanently placed in one of the teams. The GFS US teams include OFAC Alerts & Investigations (OAI), OFAC Sanctions Advisory (OSA), On-Site Controls (OSC), Regulatory Affairs (RA), and Risk Oversight (RO).
Responsibilities:
- Entry of escalated transaction data and other reports into internal case management systems.
- Assisting in the process of drafting sanctions notices relating to OFAC developments and regulatory changes.
- Assisting in research projects into potential sanctions targets.
- Assisting in other daily tasks as assigned to enhance the individual’s knowledge of OFAC sanctions and the investigation process.
- Perform analysis of existing and prospective counterparties and their beneficial owners for U.S. sanctions related risks.
- Review of relevant KYC information, including beneficial owners, products/services offered, industry, jurisdiction, and negative news, regarding business relationships under review.
- Map business relationships across business lines within the BNPP Group.
- Standardize P&P terminology; establish issuance of Sanctions Notices and Guidance memos for clarification of Sanctions topics.
- Join On Site Control target review for up to eight weeks at the end of the initial two year rotations.
WHAT YOU WILL NEED:
Our programs are a springboard for recent college graduates to launch their careers through exciting and intellectually stimulating opportunities.
The AATP is highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.
- Graduation year of Winter 2021 – Spring 2022
- All majors accepted
- Undergraduate degree in finance or business related majors and Master degree in financial security or international relations preferred
- Internship experience in a banking environment
- Experience in Compliance with in depth knowledge of Sanctions and Anti-Money Laundering regime is highly desirable
- Working knowledge of banking products & services
- Excellent written and oral communication skills, including the ability to communicate clearly, concisely and effectively to a wide spectrum of external and internal audiences, including senior executives
- French language skills a plus
- Experienced at distilling bank policies and procedures to produce training materials
- Strong organizational skills with proven ability to drive multiple initiatives to completion simultaneously
- Strong analytical skills
- MS Office proficiency
- Proactive
- Ability to work independently
- Ability to embody firm values
- Knowledge of BNP Paribas Group activities and organization a plus
WHAT DOES OUR ANALYST & ASSOCIATE TRAINING PROGRAM LOOK LIKE?
At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The Analyst & Associate Training Program (AATP) is designed to equip you with the network and resources you need to build a successful career.
As an AATP, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area of the bank you are joining, you will be part of an award-winning team of specialists who work in a dynamic, collaborative environment.
Throughout the first two years of the Training Program, you will:
- Engage in an initial induction training that will give you the tools to succeed and allow you to network with your AATP class across all business divisions
- Have a dedicated Program Partner who will act as your go-to resource, as well as a dedicated senior business leader specifically aligned to champion the success of your class
- Participate in senior speaker events and roundtable discussions to network with colleagues and gain a comprehensive understanding of financial markets
- Learn about industry topics through ongoing workshops and trainings as part of a bespoke AATP curriculum, as well as philanthropic and social events
- Be placed on a fast-track career trajectory with the opportunity for both lateral and upward mobility
IN A CHANGING WORLD, BNP PARIBAS IS YOU + US.
We truly believe that our early talent is our future: the people that accelerate innovation and provide meaningful impact to both our clients and society. You + Us encompasses our ethos as an employer; crafting experiences together, being part of a collective group and working towards a common goal. We know it matters who you work with, and that is why we are dedicated to encouraging an environment of knowledge sharing and collaboration. In starting your career here, you will be surrounded with peers and mentors who can help you develop + thrive.
BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion. Some weekly physical presence in BNPP’s office(s) is an essential function of this position.
CANDIDATE SUCCESS FACTORS:
Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform:
- Industrious & Agile
- Collaborative & Client-Oriented
- Principled & Compliant
- Conceptual & Open