Assistant Vice President AML Investigator

BNP Paribas•Jersey City, NJ

51d•$85,000 - $115,000

About The Position

The U.S. Financial Security Transaction Monitoring and Investigation ("TMI") case investigator is responsible for reviewing alerts escalations, reporting on potential suspicious activities identified via internal and external triggers, manual and automated triggers, including but not limited to AML/CFT negative news, fraud, sanctions, KYC, and terrorist financing/human trafficking matters. He/she is in charge of investigating transactions stemming from such referrals, as well as interacting with multiple levels of the bank to mitigate risk and supporting the oversight of the BNP Paribas 1st Line of Defense ("1LOD"). The case investigator will also handle a variety of processes, including legal requests (subpoenas), FINCEN regulatory processes, and law enforcement communications. Candidate Success Factors: Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform: Results and Impact Able to influence peers and team. Demonstrates good judgement when making decisions of high complexity and impact. Exercise appropriate autonomy in the execution and delivery of work. Responsible for driving outcomes, which have meaningful effect on team or department. Leadership and Collaboration: Creates trust with colleagues. Acts in leadership capacity for projects, processes, or programs. Client, Customer and Stakeholder Focus: Able to build relationships with a mix of colleagues and clients. Interacts regularly with management and department leaders. Demonstrates the ability to influence stakeholders at the team level. Compliance Culture and Conduct: Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts. Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Requirements

Undergraduate Degree in Criminal Justice, Business, or related field.
3 - 5 years' experience in transaction surveillance including model validation.
Advanced MS Excel, MS PowerPoint skills required.
Strong capability with data analytics/manipulation programs and concepts.
Strong technical and analytical skills required.
Good interpersonal and communication skills.

Nice To Haves

ACAMS, ACFE, ACFCS, ACFS certifications preferred.
Experience and knowledge of BSA/AML and Sanctions issues is preferred.
Experience with Correspondent Banking and Capital Markets is preferred.
Experience with Actimize strongly preferred.

Responsibilities

Conduct in depth case investigations pertaining to potential financial crime concerns such as AML, bribery, corruption, terrorist financing/human trafficking, etc, to mitigate regulatory, reputational, and compliance risk for the bank.
Conduct investigations stemming from a variety of internal and external referrals, including clients and affiliate fraud, internal employee misconduct, sanctions related matters and circumvention attempts, and AML/CFT red flags.
Interact with all lines of business and affiliates to resolve issues as appropriate and determine whether the activity is deemed suspicious.
Prepare investigative reports with findings after a review of relevant documentation, including drafting Suspicious Activity Reports ("SARs").
Review monthly AML/CFT/Red flags reports to identify potentially suspicious activity.
Participate in monthly calls with branch affiliates and key stakeholders as needed.
Participate in a variety of regulatory and legal processes, including FinCEN 314(a), 314(b), 311 special measures, civil and grand jury subpoenas, and law enforcement information sharing and backup documentation requests.
Assist colleagues and TMI Management in other special projects involving transactions relating to, for example; cryptocurrency, Money Service Businesses ("MSB"), Payment Service Providers ("PSP") and entities operating in the cannabis industry.
Keep informed on laws, regulations, and current practices pertaining to the Bank Secrecy Act and Anti-Money Laundering regulations.
Support senior management with development and rollout of other TMI initiatives and projects.