Senior Compliance Officer

Company: BBE

Location: 120 Avenue des Champs-Elysées, 75008 Paris, France

About Us:

Join BBE, we build long-term business opportunities and foster sustainable relationships both in Europe and across emerging markets. As a modern international bank, we aim to provide quality service combined with operational excellence, driven by the latest digital technology. Discover a rewarding career path where your talents are nurtured, and your contributions make a real difference.

Job Purpose:

As a Senior Compliance Officer, your role entails: responsible for ensuring that BBE adheres to legal standards and in-house policies. This role involves developing, implementing, and maintaining compliance programs, conducting regular audits, and providing guidance to management on compliance matters.

Job Description:

Regulatory Compliance

• Ensure that BBE complies with all applicable laws and regulations.
• Monitor regulatory changes and communicate their impact to relevant stakeholders.

Policy and Procedure Development

• Develop, implement, and update compliance policies and procedures.
• Escalate any breach of policies and procedures to the Head of Compliance
• Providing input on the development of new procedures resulting from internal practices
• Ensure policies and procedures are communicated to all employees and are followed consistently

Monitoring and Reporting

• Provide support and advice to the Business on AML compliance processes
• Evaluate KYC files (Onboarding – Periodic Review) in line with internal guidelines.
• Conduct Customer Due Diligence (CDD) identification/verification checks, risk classification and financial crime evaluations
• Check on the maintenance of adequate customer identification records
• Ensure the proper screening of customers and related parties against sanctions, embargoes, PEPs and watch list databases
• Process the alerts generated by the tool for AML transaction monitoring report any concerns/suspicious activity to the Head of Compliance
• Assist with internal compliance reviews on Private Individuals, Corporate and Financial Institutions banking activities to ensure the required level of compliance is maintained.
• Provide input on the development of new policies and procedures resulting from internal practices
• Prepare answers to requests submitted by the Federal Police, the Authorities, Bailiffs, indictment Police (FR/NL) and correspondent banks
• Participate in Compliance, KYC and AML projects
• Participate in the Quality Assurance check and Compliance Monitoring Program

Training, Support and Advice

• Provide support and advice to the Business on AML compliance processes
• Develop and deliver compliance training programs to employees.
• Promote a culture of compliance and ethical behaviour within the Bank.

Investigation and Resolution:

• Help investigate compliance-related issues or complaints
• Assist in resolving compliance problems and recommend corrective actions.
• Prepare detailed reports on compliance activities

Documentation and Record-Keeping:

• Maintain accurate and up-to-date records of compliance activities.
• Ensure documentation meets regulatory and company standards.

Liaison with Regulatory Bodies

• Act as the Secondary point of contact with regulatory authorities.
• Assist in managing regulatory inspections and audits.

Job Requirements:

• Higher education (Masters or equivalent) in Law, Business Administration, Finance, or a related field.
• Professional certification in compliance from a well-established firm (ACAMS CTMA,CAMS; ICA, ...)
• 5 -10 years of banking experience preferably in Compliance
• Good knowledge of AML/CTF domain
• Experience or training in sanctions and embargoes domain
• Proficiency in English, Knowledge of French or Dutch is a plus.
• Familiarity with Microsoft Office suite.
• Strong attention to detail and accuracy.
• Ability to work effectively within a team.

Working Conditions:

• Environmental Conditions: The role operates in a professional office environment.
• Physical Conditions: Primarily desk-based work with no significant physical effort or environmental threats.

If you’re ready to embark on an exciting career journey with BBE Digital and contribute to shaping the future of banking, we invite you to apply today!