Assistant Vice President –Sanctions Controls & List Manager Officer

Business Overview:

The U.S. Financial Security Department has a key role to play in continually guiding and coordinating the Financial Security Program for BNPP to keep pace with evolving industry practices and local regulations. Within the U.S. Financial Security Department, there are six main areas: KYC Compliance, FIU/BLRA/QA, Sanctions, Transaction Monitoring and Optimization, Transaction Monitoring, and Project Management. The US Financial Security Department establishes standards and implements processes for identifying, measuring, controlling, monitoring, reporting, and escalating matters pertaining to Sanctions, AML, and KYC. 

The Sanctions Compliance Team manages the overall Sanctions Compliance Program at BNPP, protecting BNPP by ensuring adherence to pertinent sanctions regulations. The Team accomplishes this by working with various departments within BNPP to identify risk, train personnel, maintain effective filters, implement policies and comprehensive procedures, screen data and transactions, and report violations to law enforcement.

Candidate SuccessFactors:

Candidates are measured on the following four 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: 

• Provide advice to various lines of business on sanctions regulations and internal sanctions policies.
• Assist with implementation and monitoring of controls, as well as with maintaining compliance with all regulatory and internal filtering and screening lists for the Sanctions compliance program.
• Ensure escalation of significant sanctions-related matters to the Sanctions Compliance group head.
• Perform ad hoc investigations and analysis in support of list management and remediation efforts, of any regulatory enquiries, and as requested.
• Provide assistance with alert investigations during periods of high volume or as needed, from transactional, static data, client onboarding and other filtering processes. Thoroughly document and maintain related investigation files.
• Assist with coordination of materials for internal and external Sanctions-related examinations. 
• Assist with remediation efforts related to the Sanctions compliance program. 
• Keep abreast of sanctions regulatory developments and of internal sanctions policies.
• Assist with Sanctions related projects and initiatives. 
• Perform other duties as assigned.
• Comply with applicable BNPP policies governing employee work and conduct.

Minimum Required Qualifications:

• Five years + of experience in a financial services industry or regulatory environment; at least 3 years in OFAC/ Financial Sanctions compliance. 
• Bachelor’s degree from an accredited college/university in Accounting, Finance, Legal, Economics or related discipline.
• Strong analytical skills to review and analyze OFAC inquiries and hits for resolutions.
• Strong investigative skills for potential OFAC violation and trends
• Strong computer skills including MS Office Suite particularly MS Excel
• Strong written and oral presentation skills
• Possess a strong understanding of corporate governance and the OFAC regulatory environment 
• Ability to understand the importance of privileged and confidential information
• Ability to manage multiple projects and meet timely deadlines

Preferred Qualifications: 

• Master’s Degree a plus.
• Relevant Industry Certification, e.g., CGSS, CAMS

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 $85,000 to $115,000 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 65countries, 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 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 – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/