Manager, Due Diligence and Controls - Montréal, Canada - BNP Paribas

BNP Paribas

Verified Company

Montréal, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

MANAGER, DUE DILIGENCE AND CONTROLS (

JOB NUMBER:
OPS EML)

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023.

We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future.

Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

The position at a glance

Within Client Engagement and Protection, the Due Diligence Monitoring and Controls team's objective is to monitor, control, and manage Due Diligence's key operational processes to ensure proper functioning of the team and visibility for senior management.

This includes Quality Control checks, controls, and reporting on New Clients, Recertification, and Non-legal Entities across CIB Business Lines.

The Due Diligence and Controls team is based in Montreal and reports to the Head of KYC Americas

In detail

The Due Diligence and Controls Manager will perform and monitor a number of controls for Due Diligence including trade exception monitoring/resolution, various validation checks, support audit requests, etc.

The responsibilities include, but are not limited to:

Oversee BNP Paribas Americas' client due diligence process, including oversight for Canada, United States, Mexico, Brazil, Colombia, and Argentina, by supporting AML KYC Operations program requirements related to controlling risk to the company
Operating new internal controls and working with AML systems and processes to mitigate risk
Maintain Client Engagement and Protection control framework throughout the Americas CIB platform in compliance with local and companyestablished regulations
Track key Due Diligence policy metrics to confirm the effectiveness of the established processes and controls
Support audit requests by pulling documentation and other information as required while under tight deadlines
Validate Regulatory Requirements are captured accurately (FINCEN CDD, 17A5, Transaction Profile)
Review control reports for discrepancies, notify the Due Diligence team in AMER for remediation, and provide results to management

IT developments follow up

Escalate as soon as possible the potential technical issues that could put the production at risk, affecting productivity, operational risk or client satisfaction.
Identify and evaluate the systems development's needs. Take part in the ROI evaluation and follow up on prioritizations
Take part in the team's projects (validate specification, perform tests,)

Statistics and Metrics follow-up

Daily control and analysis of the production for Americas
Monitoring implementation of enhanced KPI for Americas
Release weekly, monthly and quarterly reports to management
Review the existing indicators on a regular basis and suggest new ones when required

Management

In achieving its objectives, the Manager is responsible for the daytoday management of a team of employees with different levels of experience and skills.
Make sure the team members are fully trained on their respective areas
Maintain a high level of cross training by proposing a solid and sustainable cross training plan within Client Engagement and Protection
Setting annual objectives for team members and provide feedback regarding their performance when required
The manager must ensure that the team knows and applies the policies and procedures established by the various functions at the Bank

The strengths and skills that will help you succeed

Bachelor's degree in Finance, Economics or other related field of study
Knowledge of the English language is required
Three to five years of experience in KYC/Quality Control, Due Diligence, Client Onboarding, Compliance or a similar field
Understanding of relevant AML/KYC documentation requirements, bank policies, and regulatory requirements
Knowledge of requirement applicable to KYC, including The USA PATRIOT ACT, OFAC, and FinCEN regulations
Have a control mindset, detailed orientated, and a desire to take ownership of objectives and drive results
Proficient in MS Office (Word, Excel, PowerPoint)
VBA and PowerBI a strong plus.

Preferred Qualifications:

Ability to follow an issue through to its conclusion and independently manage work across many priorities
Desire to take ownership of objectives and drive results
Preference to work in a collaborative environment
Able to multitask and adapt to changing priorities and effectively prioritize workflow to meet deadlines.

What's in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering.

Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for mos