Payments & Clearing Solutions - Sanctions Enforcement and Exceptions Team Leader
BNP Paribas
CA, QC, Montréal
3h ago


In compliance with various regulatory programs, our Sanctions Enforcement and Exceptions Group (SEE) is responsible for reviewing, researching and investigating transaction activity with potential sanctions concerns for regulatory compliance.

  • Monitor and control activities across the Sanctions Enforcement and Exceptions Team.
  • Manage and monitor transactions that are referred to the OFAC Exception and Suspend Queues for potential violations.
  • Manage and monitor payments that are under investigation due to regulatory reasons.
  • Work closely with the U.S. and Group Financial Services in handling all escalations involving transactions which are found to be a potential violation.
  • Ensure adherence to all external regulatory and internal policy guidelines
  • Perform other support operations functions to other areas within the bank as required.

  • Ensure key personnel are thoroughly cross-trained.
  • Co-ordinate all activities and personnel between sections to insure adequate coverage.
  • Monitor and control staff assigned to the area and continually evaluate the effectiveness of the team.
  • Perform annual reviews of all staff.
  • Escalate all compliance related operations that may lead to a loss or client incident to management.
  • Make recommendations for procedural changes where deemed necessary.
  • Review and analyze wire transfers, ACH payments and non-payment SWIFT messages escalated within PCS for potential sanctions violations.
  • Ensure that all transactions processed by the bank are compliant to all external and internal regulations and policies.
  • Investigate and collect required information on payments that are held by the bank in adherence to various policies and regulations.
  • Investigate and collect required information on payments that are held by the next bank in chain for regulatory reasons
  • Analyze information obtained from case investigations to make a clear determination on the proper course of action to be taken on the payment.
  • Manage case investigations making sure that proper follow-up is being made and responses are being addressed in a timely manner.
  • Ensure that payments held are effected properly in accordance to the outcome of the investigation.
  • Ensure that procedures and controls in regards to file validations on list updates are adhered to.
  • Participate in the department’s educational program through case studies, training sessions, etc.
  • Ensure the PCS SEE operations are conducted in the safest and most efficient manner possible.
  • Ensure that the SEE group is working with due diligence in handling all transactions and investigations.
  • Maintain the highest possible regulatory standards of quality, while minimising risk to both the Bank and our customers.
  • Make sure that the procedures in place are current and make recommendation for changes where deemed necessary.
  • Provide or review recommendations for fine-tuning the systems.
  • Keep abreast of changes, both regulatory and operational, which will have an impact upon the department, and the Bank.
  • Prepare and analyse various reports as needed.
  • Handle complex case investigations referred by the SEE group.
  • Communicate with our customers and clients to expedite investigations.
  • Handle all other administrative duties within the department.
  • Conduct regularly scheduled meetings with the staff.
  • Make direct contribution to BNPP operational permanent control framework.

  • Strong understanding of Regulatory awareness, and the regulations which govern it.
  • Proficient knowledge and understanding of the OFAC processes and procedures.
  • Excellent communication skills, both verbal and written.
  • Strong interpersonal skills and good judgment
  • Knowledgeable of Funds Transfer operations as well as the rules and regulations, which govern it. (This will include CHIPS, Fedwire, SWIFT, LVTS and ACH.)
  • 2 to 3 years experience in the field of banking operations and / or degree from accredited college / university.
  • Strong preference for previous banking experience with foreign exchange.
  • Required PC proficiencies

    The candidate must possess knowledge of accounting and basic understanding of MS Word, MS Excel, MS Outlook and Intellimatch.

    A recruitment policy that promotes equity and diversity :

    Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity.

    We strive to reflect the society we live in, while keeping with the image of our clients.

    We pride ourselves in applying non-discrimination rules to all our recruitments.

    We will only contact the candidates selected who meet the job requirements in terms of training and experience.

    About BNP Paribas

    BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 195,000 employees, including more than 148,000 in Europe.

    The Group has key positions in its three main activities : Domestic Markets and International Financial Services (whose retail-

    banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises : corporate clients and institutional investors.

    The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.

    In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending.

    BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States.

    In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-

    growing business in Asia-Pacific.

    About BNP Paribas in Canada

    In Canada, BNP Paribas is one of the dominant foreign banks in the country and is committed to building its platform even further.

    Since becoming the operational hub for the Group’s activities in North America in 2013, it has grown significantly to reach more than 700 employees and is expected to continue growing in the coming years.

    With the continued development of technology and financial fields, BNP Paribas Canada continues to attract experts with diverse backgrounds as well as young and ambitious talent from across the globe.

    With the international mobility and capacity that very few companies can offer, BNP Paribas prides itself in providing a superior foundation for building a professional career -

    a place for people to learn, to achieve and grow.

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