Kyc Analyst

Further to the third European Directive on anti-money laundering, new processes have been implemented by BNP Paribas Securities Services. A new Due Diligence operating model is now under the responsibility of a dedicated KYC team. The KYC team is now integrated to the Client Delivery teams and is in charge of establishing and maintaining KYC ("Know Your Customer") files for all new as well as existing clients of BNP Paribas Securities Services. **KYC Analyst Role**: - Perform all KYC activities in accordance with department’s procedures. - Contribute actively in the implementation and changes required by the activity. - Demonstrate knowledge during all work phases, respecting the department rules, assuring quality of work and as much as possible “risk-free” environment. - Share and promote Corporate Values (Both BNP Paribas and BNP Paribas Securities values). **KYC Analyst** The role is to perform the analytical activities related to the BP2S Clients due diligence analysis and checks at the client onboarding and recertification and to contribute the overall client’s assessment in terms of KYC. The role requires having the necessary strong expertise in the client knowledge in terms of activities, purposes of the relationship with the bank, Client AML/CFT Risk assessment, Client documentation and screening results analysis as well as the clients related committees running and follow up, as per the Operational procedures for the screening purposes. The Due Diligence Analyst must have a strong expertise and a good appetite in the background search process ie searches, analysis and qualification of the adverse news and qualification of the political exposed person. He/She will work very closely with both Business/Coverage and Compliance to complete the client KYC analysis. The KYC activity is also included the management of the client classification related to other regulations such as MiFID (when applicable) and Tax regulations (FATCA & AEOI). The role may also be required to lead / participate in the projects as an Operational Expert as requested. **KYC Tasks** Daily Processes He or she has to perform both the standard and analytical tasks related to the KYC / Due Diligence on a variety of client types at various risk levels for both on-boarding and recertification. - Analyse the Business / Coverage requests in terms of consistency - Contact the clients to collect specific / related documentation and identify the items to screen - Analyse the client profile (including relationship with the bank / business purposes, source of wealth, activities with sanctions countries etc..) in coordination with the Business/Coverage - Scoring Grid population - Perform the screening of the entity name against sanctions list to identify any show-stoppers - Assess the client AML/KYC risk - Identify the beneficiary owners and related individuals of the clients and more specially for complex cases - Launch the Screening of the clients and the related individuals against sanction lists - Analyse the results of the screening against sanctions lists and background search tools (including adverse news) - Qualify the screening results - Organise and run the client committees, produce minutes and monitor the follow up - Perform the ad hoc review of the clients based on the triggers - Perform the other regulation classification ie MiFID/ FATCA/AEOI Additional tasks / Continuous improvements - Proactively contribute to continual improvement of the team - Ensure data and documents are entered into systems properly - Ensure client files pass all quality and control reviews - Escalate concerns / issues as needed to the Relationship Manager - Ensure that all new requests are logged accordingly - Chasing outstanding requests - Answer all account queries and ensure team in-box is cleared daily - Communicate within the Business/Coverage, Compliance, other KYC teams as well as Legal and Client Admin team (when relevant) - Abide by operational risk and control procedures and escalate incidents where necessary - Contribute to other projects, as needed