Associate/Associate L1 – Elixir Job opening in BNP Paribas, (Mumbai, Maharashtra)

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We got a new job details in BNP Paribas & they are Hiring Candidates for Associate/Associate L1 – Elixir

Job Details
Company Name :
BNP Paribas
Company Location :
Mumbai, Maharashtra
Job Position :
Associate/Associate L1 – Elixir
Job Category : Jobs in Mumbai

Job Description :
About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. 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 6000 employees, to provide support and develop best-in-class solutions.
About Business line/Function :
Direct Responsibilities The KYC Data Controller/ SKYCO primary focus is to validate the client data and documentation collected by the Data Officers/Screeners to support the due diligence assessment of prospective and existing clients. As a 1st level control, the Data Controller will have a Quality Assurance role regarding the content of each KYC file. Roles & Responsibilities:
1. Validate correct data entry into the KYC tools based on the due diligence conducted by the analyst/screener [onboarding, recertification & ADHOC]
2. Check documentation format and content to ensure adherence to local, global due diligence guidelines & Hub requirements
3. Act as a 1st level control for validation of KYC files, with RM & RMM approvals & preparation of error reports
4. Contribute to KPIs regarding quality & no overdue, updating 4 eye checklist
5. Liaise with team leaders and managers to highlight quality assurance failures and suggest methods of resolution
6. Contribute to training plans for analysts / new joiners
7. Assess screening results to identify potential PEP, sanctions and adverse news risk with relevant proposals and sign off
8. Escalate where necessary to other internal actors to deal with higher risk elements / situations. B&C Triggers and CAC Update
9. AML/CFT/Sanctions laws and regulations; and keep updated on latest trends of AML/CFT/Sanctions laws
10. Meet the QA requirements and the expected Monthly checks made by internal quality control teams
11. SME for KYC – High Quality standard. Verification of the customer data Performing Enhanced Due Diligence, CDD & KYC on client’s while On-boarding/ Recertification/ Remediation/ Renewals for various entity types (Private, Govt, Listed, Regulated, SPV, PIV, Trusts, Corporates, Foundation, Funds, Joint venture) for various location Germany (DE), United Kingdom, United States & India (Main location and also other location as per adoptions).
12. Adapting to change, Application of technologies to business needs.
13.Creating trust and relationships through regular communication and consensus. Working well as part of a team and on self initiative.

Job Title:
Senior Associate – SKYCO – Elixr
Date:
1/Mar/2022
Department:
Client Management Operation
Location:
Mumbai
Business Line / Function:
KYC due diligence
Reports to:
(Direct)
Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
The KYC Data Controller/ SKYCO primary focus is to validate the client data and documentation collected by the Data Officers/Screeners to support the due diligence assessment of prospective and existing clients. As a 1st level control, the Data Controller will have a Quality Assurance role regarding the content of each KYC file
Responsibilities

Direct Responsibilities
1. Validate correct data entry into the KYC tools based on the due diligence conducted by the analyst/screener [onboarding, recertification & ADHOC]
2. Check documentation format and content to ensure adherence to local, global due diligence guidelines & Hub requirements
3. Act as a 1st level control for validation of KYC files, with RM & RMM approvals & preparation of error reports
4. Contribute to KPIs regarding quality & no overdue, updating 4 eye checklist
5. Liaise with team leaders and managers to highlight quality assurance failures and suggest methods of resolution
6. Contribute to training plans for analysts / new joiners
7. Assess screening results to identify potential PEP, sanctions and adverse news risk with relevant proposals and sign off
8. Escalate where necessary to other internal actors to deal with higher risk elements / situations. B&C Triggers and CAC Update
9. AML/CFT/Sanctions laws and regulations; and keep updated on latest trends of AML/CFT/Sanctions laws
10. Meet the QA requirements and the expected Monthly checks made by internal quality control teams
11. SME for KYC – High Quality standard. Verification of the customer data Performing Enhanced Due Diligence, CDD & KYC on client’s while On-boarding/ Recertification/ Remediation/ Renewals for various entity types (Private, Govt, Listed, Regulated, SPV, PIV, Trusts, Corporates, Foundation, Funds, Joint venture) for various location Germany (DE), United Kingdom, United States & India (Main location and also other location as per adoptions).
12. Adapting to change, Application of technologies to business needs.
13.Creating trust and relationships through regular communication and consensus. Working well as part of a team and on self initiative.

Contributing Responsibilities
2.1 Contribute to the implementation of Permanent Control policies and procedures in day-to-day business activities
2.2 Active participation in regular review of operational procedural changes /requirements during processing functions / staff meetings
2.3 Active participation in Projects / System Changes / UAT / new system implementation when required.
Technical & Behavioral Competencies
1.1 Good communication skills is a pre-requisite 1.2 Accuracy and rigor 1.3 Team player 1.4 Fluent in English; Knowledge of French or a foreign language would be a plus 1.5 Adaptable flexible approach to the working environment
1.6 Ability to work on multiple IT systems
1.7 IT literate and familiar with Microsoft Office (Excel to macro level), PowerPoint
Specific Qualifications (if required)
2.1 University Graduate 2.2 Experience of above 4 years’ experience in Banking Industry with specialization in KYC due diligence 2.3 Sound knowledge of the on boarding/ KYC recertification process 2.4 Knowledge of the global and local regulations related to banking and financial services.

Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Adaptability
Client focused
Attention to detail / rigor
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Ability to develop and adapt a process
Ability to develop and leverage networks
Choose an item.
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)

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