Head Of Aml Level 1

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
What about applying for a job that is consequential and contributing to making the world a safer and better place? What about being on the front line of the anti-financial crime fight?
Are you interested in joining a new team in AML and Control Framework? BNPP Group has transferred part of AML activities from Compliance to 1LOD to reinforce AML risk culture within the Business and to strengthen the Group AML framework efficiency. Within CIB North America, it means AML L1 alert investigation function is now hosted by USD Clearing and Payments and a new team of investigators has been created in Montreal last September (2022).
As Head of AML Level 1, you will manage and develop a team of 20 to 25 investigators of various level in AML and 3 Quality Assurance Reviewers, support your team on a daily basis with your AML expertise, ensure all monthly alerts are timely reviewed by your team, and report KPIs to management. You will have the opportunity to recruit team members and participate to their initial and ongoing training. You will contribute to increase Front Office awareness of AML risks and actively participate to or lead process improvement efforts, proactively identifying pain points and gaps in the existing AML investigation framework, scenarios, ref flags and systems, and interacting with Compliance Transaction Monitoring and Optimization teams as well as businesses with new products/client types or technology vendors. You will opine on new technology pilots & UATs. You will be in charge of structuring straight to the point reporting to senior management and Compliance at local, regional and Group level. Finally, you will jointly with USFS, respond to the numerous regulatory and internal audits on AML matters.
In detail
Responsibilities includes:
Daily oversight of relevant metrics, reporting and control processes (L1 and L1 QA)

• Operationalize in procedures and systems Group and USFS guidance for AML Level 1
• Assisting in related matters during examinations by the firm’s regulators and internal auditors.
• Ensure adequate training of AML Level 1 investigators and QA
• Manage the relationship with various stakeholders - primarily USFS, Heads of businesses, IG and regulators- and organize relevant governance
• Contribute, in collaboration with L2 and L3 as needed and AML Transaction Monitoring and Optimization (“TMO”), to the tuning and on-going maintenance of the monitoring systems used for monitoring and/or improvements to existing reports;
• Drive AML risk culture within LOD1
• Participate to relevant industry forums
• Drive efficiency projects for AML Level 1 operations (from AML scenarios feedback to AI)
• Advice, oversight and challenge the AML Level 1 Program, proposing operational efficiencies to simplify the L1 alert investigation process

In this role, you will see a direct link between geopolitical tensions and your work. You will actively contribute in the fight against money laundering, terrorism financing, human trafficking, and tax evasion. Your work will matter.
The Strengths And Skills That Will Help You Succeed
To be successful, you will need to excel in team management, demonstrate strong leadership, and exemplify personal and professional excellence. You will need to master the BNPP AML policies/procedures, Actimize scenarios and have a very good understanding of BNPP Group products. You will need to have an excellent command of Excel and other reporting tools (PowerBI, Tableau…) and experience in process optimization.
Skills And Expertise

• Montreal Top Employer 2023
• Bachelor Degree in accounting, finance, legal, economics or related discipline a must.
• Analytical Ability
• Business:
• Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;
• Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
• Know Your Client - KYC
• Knowledge of Actimize, GCARS, CRDS, RMPM, Worldcheck, LexisNexis, Orbis is a Plus
• Language :
• Canada's Best Diversity Employer 2023
• You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
• We will review candidates as they apply, so don’t wait to submit your application;
• CAMS Certified a plus.
• Strong understanding of SWIFT and payment messages.
• Ability to synthetize/simplify
• Pride at Work Canada
• Ability to Deliver/Result driven
• Knowledge of the English is required.
• CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
• Ability to set up relevant performance indicators
• Experience level
• Only selected applications that meet the requirements of the role will be contacted **
• Critical thinking
• Behavioral skills
• 10 + years of experience with a financial services firm and/or regulatory organization in an AML compliance, audit, or regulatory related position.
• Good knowledge of BNPP products
• Tax Evasion Prevention
• Transversal:
• Risk Monitoring
• Ability to develop and adapt a process
• IndigenousWorks
• Financial Security - Strong knowledge of AML/ KYC, U.S.A. PATRIOT Act, Bank Secrecy Act
• Experience in a Management position
• Ability to share/pass on knowledge
• Methodologies, tools and technologies:
• Ability to inspire others & generated people’s commitment
• Organization Skills
• Strong computer skills including MS Office Suite.
• ROSEPH – Grouping of specialized organizations for the employment of persons with disabilities
• Women in Governance – Parity certified - Gold certification
• Strong VP or Director
• If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;
• Ability to develop others and generate people’s commitment