Due diligence officer – Analyst 3

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. 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

As part of a comprehensive action plan for the prevention of money laundering and financing of terrorist activities (“AML”), the Due Diligence Analyst assesses client risk by completing the “Know Your Customer” form (“KYC”); this includes the sensitivity proposal based on the sensitivity analysis results, which are determined by an evaluation grid. The Analyst will be in direct contact with clients (internal and external) in order to obtain the documentation required by internal and external regulations. The Analyst will work closely with other due diligence officers in the BNP Paribas Group network.

The role is to perform CIB Clients due diligence analysis and checks at the client Onboarding and recertification and to contribute the overall client’s assessment in terms of KYC.

The Analyst is also in charge of maintaining the department’s database, as well as preparing reports and statistics for submission to executive management on a regular basis.

In detail

• Understand the principles and be familiar with CIB products
• Aware of various types of trading entities – limited, private and public companies, holding companies, hedge funds, asset managers, special purpose vehicle’s, trust’s etc.
• Complete KYC forms for compliance purposes, including the following:
• Conduct research on legal entities in the Bank’s systems as well as in official government records and other public websites
• Conduct basic corporate financial research;
• Conduct research on the economic activities of legal entities using available internal documents, such as credit proposals, or on public websites, such as Business Week (sector/industry type, products, services sold, localization of main suppliers, main clients and operation locations);
• Evaluate client sensitivity according to a predetermined grid and instructions;
• Communicate with clients, as needed, to gather information on beneficial ownership or on any other missing documents.
• Notify the compliance/financial security department if a client’s identity or documents appear fraudulent or suspicious.
• Monitor problematic situations.
• Verify the compliance monitoring process: have relationship managers and the business-line head sign and review the KYC form.
• Help with process implementation and verification and participate in procedure updates.
• Complete the form in compliance with the Bank’s internal and external regulations within set timelines.
• Manage and follow-up on reports required by financial intelligence units in Canada and Paris within the set timelines.
• Take part in different projects under the supervision of the Head of Due Diligence.

Qualifications – Interne

The strengths and skills that will help you succeed

• Bachelor’s in administration or business and expertise relevant to the main duties described above.
• 1-2 years’ experience.
• Theoretical or general knowledge of banking products and legal documentation in the banking sector.
• Knowledge of banking sector compliance rules.
• Good understanding of legal business structures to determine a legal entity’s final beneficiaries.
• Good knowledge of IT tools and software.
• Rigorous work performance.
• Good judgement and analytical skills and takes initiative.
• Excellent communication skills, both verbal and written.
• Ability to manage stress and prioritize.
• Ability to work in a team.
• Customer service skills.
• Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of the English is required. 

What’s in it for you

In addition to competitive compensation, we hybrid work arrangements, such as remote working and flexible working hours are available for most positions. BNP Paribas provides opportunities for career development within the company and internationally.

What you need to know

• We will review candidates as they apply, so don’t wait to submit your application;
• BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
• 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;
• 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;

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments, click here

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

• Montreal Top Employer 2024
• Canada’s Best Diversity Employer 2024
• Women in Governance  – Parity certified –  Gold certification
• Pride at Work Canada
• Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
• IndigenousWorks
• Part of Les Affaires top 300 companies in Quebec
• Synclusiv
•  Ready, Willing and Able
•  Autisme sans Limites

Do you want to discover other BNP Paribas offers in Canada?

Click here: BNP Paribas in Canada Our job offers