Associate/Associate L1 - Elixir

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 24x7 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 requirements3. Act as a 1st level control for validation of KYC files, with RM & RMM approvals & preparation of error reports4. Contribute to KPIs regarding quality & no overdue, updating 4 eye checklist5. Liaise with team leaders and managers to highlight quality assurance failures and suggest methods of resolution6. Contribute to training plans for analysts / new joiners7. Assess screening results to identify potential PEP, sanctions and adverse news risk with relevant proposals and sign off8. Escalate where necessary to other internal actors to deal with higher risk elements / situations. B&C Triggers and CAC Update9. AML/CFT/Sanctions laws and regulations; and keep updated on latest trends of AML/CFT/Sanctions laws10. Meet the QA requirements and the expected Monthly checks made by internal quality control teams11. 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.,

Keyskills :
accountingbloombergdata entryderivativesforeign languagecash managementquality assurance