Night Assistant Manager

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union's leading bank with an international reach. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
BNP Paribas is the European Union's leading bank and key player in international banking. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
Alert Management deals with mitigating major risks associated with International Financial Sanctions, the BNP Paribas Sanctions & Embargoes alerts management framework and manage and disposition alerts, applying the authorization grid, escalation, and due diligence principles as per Level B roles and responsibilities.
Handling of FATF Recommendation 16 provides that cross-border and domestic wire transfers of funds including serial and cover payments should include accurate and meaningful information about the originator and the beneficiary of the wire-transfer – As per 'Group Payment Transparency' requirement.
Assistant Manager
Alert Management
To implement a control framework designed to prevent corruption, money-laundering, and financing of terrorism, as well as to comply with embargoes and international financial sanctions and to protect customers' interests at the Group Level, BNP Paribas has set up an alert management framework with an organization of 3 levels to screen and process the alerts triggered on payments.
This role is within the second level of the alert management framework – Level B1.
Alert Management Process serves numerous Institutional Clients and their Portfolio's in transaction screening pertaining to different markets across the globe. Assistant Manager will be responsible for monitoring and processing of transaction filtering management.
Appropriate assistance to Manager towards overviewing & guiding on supervision of activities i.e. Alert Management, Investment Communications, ASL Maintenance processes and ensure the same is driven towards results achievement.
Responsible for involving and supervising the interactions with Account Managers, Operations and the clients of BNP Paribas business functions and needs to ensure high quality of service to the internal/external clients to meet the expected service standards.
Managing the daily operations BAU/workflow within the business group and helps the Manager in achieving the process related objectives including audits and meeting KPIs. Good understanding of the business is expected, including knowledge of SWIFT messages, Financial Products, Capital Market etc. The main responsibilities of Risk Monitoring and Management (RMM)
Perform due diligence on alerts which have been escalated by Level A in transactions screening process (Fircosoft), including performing necessary investigation and providing supporting documentation.
Handle transactions received in Money Transfer Management for Fraud validation (Actimize) and Extra validations.
MT 202 Payment Data Quality
Verification and allocation of manual faxes, alongside performing call back.
Maintenance of Authorized signatories and call back lists
In charge of obtaining all necessary information and documentation in compliance with Group policies and procedures.
Investigate on Fraud validation and extra validation queues, liaise with location and take decision on processing of payments.
Payment Data quality of MT 202 and equivalent MX messages (Misuse/Formatting errors)
Support management to ensure any operational risk related incidents are reported in accordance with the Group policies
Maintenance of Authorized signatories' lists, Call back lists and email indemnification documents
Manual and Regular screening of signatories name as per Group Screening Procedure.
Verification of signature and allocation of manual faxes to corresponding operational teams.
Must be familiar with the latest version of Standard Operating Procedures (SOP) and be compliant with the bank's policies and procedures.
Ensure Key performance indicators are reached.
Support management to ensure any operational risk related incidents are reported in accordance with the Group policies.
Involvement towards Risk and Control Self-Assessment, Business Impact Analysis, Key Performance Indicator Reporting and Internal & External audits.
Assist 'LOD1 Control Owner' (Assistant Vice President) to execute Generic Control Plan & Local Control Plan obligations.
To supervise and involve associates in answering account manager, other internal department queries and handling telephone calls concerning payments or other related queries.
Keep abreast of changes in AML/CTF and sanctions related regulations and internal policies.
Actively involve in ensuring 'Operational Resilience', during Business Continuity Management.
Comply with internal and external regulatory and compliance requirements.
Comply with the BNPP IT Security policies.
To ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
The Assistant Manager will report to the Manager.
The position interfaces with Process Associates, Mid Office Staff, Account Managers and Operations etc.
Strong banking back office operational experience would be an advantage (Knowledge on Capital Markets instruments)
At least five-year experience in real-time sanctions alerts management role focusing on screening/investigation.
Experience of having worked in Fircosoft, Actimize and SATURN applications.
Expert in MS Excel and other related Microsoft Office Suite.
Possess a Compliance and Operational mindset with acute awareness of urgency of payments processing.
Graduate or Postgraduate with specialization in Finance
5 to 7 years of experience in a financial organization ideally with knowledge of SWIFT messages and Sanctions Screening
Flexible to work in rotational shifts (Including early morning and night shifts)
Ability to set up relevant performance indicators
Ability to develop and leverage networks
Bachelor Degree or equivalent
Experience Level