Due Diligence Officer

DUE DILIGENCE OFFICER (JOB NUMBER: ITO002068)

**Position purpose**

To perform the Due Diligence missions within the Client Engagement and Protection team in Australia. This covers BNP Paribas Securities Services and Australia Branch, including BNP Paribas NZ,
- Perform checks and controls from the stage of client onboarding to account closing to ensure compliance with local regulations and CIB/Securities Services global procedures
- Contribution to other missions of the department

**Scope**

**Missions**

Due Diligence
- Customer Due diligence file processing (KYC onboarding and recertification )
- Customer account opening, amendment and closure

**Key responsibilities**
- **KYC / Due Diligence**
- **KYC Client on-boarding**
- Check if clients’ documents are in place and correctly filled
- KYC Checking: verification KYC forms completed and verification supporting documents against the checklist
- Do background checks on client, directors, key managers, beneficial owners, authorised signatories and all related parties
- Input data and upload clients’ documents in KYC internal system
- Check and control data quality
- Handle the KYC workflow until final sign-off
- Instruct Client Referential team to open client accounts in accounting and Back Office systems
- **KYC recertification (periodical task depending on customer sensitivity)**:

- Check the clients list and select the client group needs to be reviewed
- Initiate the KYC recertification process
- Check if clients’ documents are in place and correctly filled
- KYC Checking: verification KYC forms completed and verification supporting documents against the checklist
- Do background checks on client, directors, key managers, beneficial owners, authorised signatories and all related parties
- Input data and upload clients’ documents in KYC internal system
- Check and control data quality
- Handle the KYC workflow until final sign-off
- KYC freeze, KYC restricted process and monitoring
- **Client amendments**
- Verify the correctness of the amendment instruction (e.g. change of address, change of name )
- Data update in all internal systems
- **Client closing**:

- Monitoring of Internal Client Account utilisation and closure inclusive of signed-off proposals from the Relationship Managers
- Follow the KYC termination and client closure process
- Initiate client closure in all internal systems
- **Due Diligence reporting**:

- Local and regional reporting of KYC activities
- **Contribution to other missions of the department**
- Prepare monthly Presentation for Country Client Support Committee
- Take minutes of the meeting
- **General**:

- Bring Direct contribution to BNPP operational permanent control framework
- Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
- Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
- Comply with internal and external regulatory and compliance requirements
- Comply with the BNPP standards of Code of Conduct
- Comply with the BNPP IT Security policies
- Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
**Technical & behavioral competencies**
- Motivation and prioritisation - the pressure of the job requires the incumbent to display a high degree of self-motivation and good prioritisation skills.
- Quality
- understanding that all aspects of the job require a quality outcome.
- Attention to details/Accurate
- Communication
- being able to clearly convey information both internally and externally.
- Responsiveness/flexibility/initiative
- Team player.

**Qualification & experience**
- KYC Due Diligence experience required in Banking
- Knowledge of Corporate Banking products
- Tertiary studies in the Banking / Finance Industry
- Sound experience in a customer service environment

**Primary Location**: AU-NSW-Sydney

**Job Type**: Standard / Permanent

**Job**: COMPLIANCE AND PERMANENT CONTROL

**Education Level***: Bachelor Degree or equivalent (>= 3 years)

**Experience Level***: At least 3 years