Overview
Financial Security Officer Jobs in Cape Town at BNP Paribas
Main purpose
You will be ensuring that the Company is conducting its activities in compliance with international best practices, internal policies and current legislation. Responsibilities include providing guidance to the first line of defence concerning Financial Security topics, managing AML/Sanctions and PEP alerts, performing the various KY- duties, as per internal procedures
Key Responsibilities
Assist with implementation and organisation of the framework in terms of Anti Money-Laundering and Financial Sanctions, fighting against financial crimes and terrorism financing
Support the Company¡¦s efforts to build consistent and comprehensive client knowledge framework, ensuring compliance with regulatory requirements
Analyse compliance risks as a part of business relationships
Provide support to the business on the implementation of Financial Security projects
Initiate or participate in projects aimed at improving Compliance practices
Implement procedures and control plans for the application of statutory and Group obligations for Financial Security
Use, manage and keep abreast of developments in the relevant tools used for Financial Security
Ensure the effective implementation of Group required Sanctions and PEP lists
Produce and monitor implementation of action plans for first line of defence
Implement and monitor remediation projects linked to KYC and Financial Security, in close cooperation with the business
Implement the KY- and Financial Security operating model in the context of the Compliance Transformation project and/or any new requirements issued by a Regulator or our shareholder
Carry out recurrent KY- reviews or once-off control assignments on a specific Compliance risk
Compliance Risk Assessment and escalation:
Formalise Compliance risks by logging it on the relevant tool and including action plans based on information and alerts communicated by stakeholders
Support business development through reviewing and validating the compliance of new business, new products, services or operations
Provide support, training and guidance to the Business teams on compliance matters, communicating the rules applicable to them and contributing to their operational adaption ensuring procedures are implemented
Perform the role of Anti-bribery & Corruption (ABC) Correspondent
Key Competencies
Business acumen
Numeric and analytical skills
Innovation and solutions focus
Clarity and simplicity of communication
Strong presentation skills (written, verbal and presentation-related)
Articulate, rational, coherent and persuasive
Disciplined, business focused delivery and impact-astute
Qualifications, Skills and Experience
Relevant qualification
Minimum of 2 years relevant experience (AML, Financial Sanctions, KYC etc.)
Strong awareness of the control environment within Financial Services
Exposure to dealing with Regulatory bodies
Excellent knowledge of the applicable regulatory framework, compliance issues and applicable laws pertaining to the RCS business
Title: Financial Security Officer
Company: BNP Paribas
Location: Cape Town
