Full Time

Assistant Manager

Maharashtra

India

About Business Line/Function

Alert Management deals with mitigating major risks associated with International Financial Sanctions, the BNP Paribas Sanctions & Embargoes alerts management framework and manage and disposition alerts, applying the authorization grid, escalation, and due diligence principles as per Level B roles and responsibilities.

Handling of FATF Recommendation 16 provides that cross-border and domestic wire transfers of funds including serial and cover payments should include accurate and meaningful information about the originator and the beneficiary of the wire-transfer – As per ‘Group Payment Transparency’ requirement.

‍Job Title Assistant Manager

‍Date

Department: Alert Management

Location: Chennai

‍Business Line / Function BSO

Position Purpose

To implement a control framework designed to prevent corruption, money-laundering, and financing of terrorism, as well as to comply with embargoes and international financial sanctions and to protect customers’ interests at the Group Level, BNP Paribas has set up an alert management framework with an organization of three levels to screen and process the alerts triggered on payments.

This role is within the second level of the alert management framework – Level B1. Alert Management Process serves numerous institutional clients and their portfolios in transaction screening pertaining to different markets across the globe.

The Assistant Manager will be responsible for monitoring and processing of transaction filtering management, providing appropriate assistance to the Manager in supervising activities such as Alert Management, Investment Communications, ASL Maintenance processes, and ensuring results achievement.

The role involves managing daily BAU/workflows, supporting audits, meeting KPIs, and maintaining high service standards for both internal and external clients. A strong understanding of SWIFT messages, financial products, capital markets, and continuous process improvement is required.

Responsibilities

Risk Monitoring and Management (RMM)

Perform due diligence on alerts escalated by Level A in transaction screening process (Fircosoft), including investigation and supporting documentation.
Handle transactions in Money Transfer Management for fraud validation (Actimize) and extra validations.
Ensure payment transparency requirements in SATURN Inbound & Outbound by reviewing ordering and beneficiary information (MT 103 & MT 202C).
Verify MT 202 payment data quality, allocate manual faxes, and perform callbacks.
Maintain authorized signatories and callback lists.
Conduct individual name screening on all signatories.

Direct Responsibilities

Document, investigate, provide preliminary advice, and escalate alerts to B2.
Obtain all necessary information and documentation in compliance with Group policies and procedures.
Investigate fraud and extra validation queues, liaise with locations, and decide on payment processing.
Handle outgoing and incoming transactions per Group Payment Transparency Procedure.
Ensure payment data quality of MT 202 and equivalent MX messages (misuse/formatting errors).
Support management in reporting operational risk incidents per Group policies.
Maintain authorized signatories’ lists, callback lists, and email indemnification documents.
Perform manual and regular screening of signatories as per Group Screening Procedure.
Verify signatures and allocate manual faxes to corresponding operational teams.
Be familiar with latest SOP version and comply with bank’s policies and procedures.
Perform periodic SOP reviews to ensure deliverables meet SLAs and timelines.
Ensure KPIs are achieved.
Support management in RCSA, BIA, KPI reporting, and audits.
Assist LOD1 Control Owner (AVP) in executing Generic Control Plan & Local Control Plan.
Supervise associates handling queries from account managers and internal departments.
Ensure all queries are error-free and resolved within TAT.
Prioritize work, investigate anomalies, and take corrective actions with Manager.
Escalate unresolved open items to Manager.
Maintain communication channels with internal peer groups.
Stay updated on AML/CTF and sanctions regulations and policies.
Ensure operational resilience during Business Continuity Management.
Comply with regulatory requirements, BNPP Code of Conduct, IT Security, and AML/FS policies.

Contributing Responsibilities

Report to Manager, interface with Process Associates, Mid Office Staff, Account Managers, Operations, and international BNP Group team members.

Technical & Behavioral Competencies

Good knowledge of sanctions, anti-money laundering rules & regulations.
Working knowledge of SWIFT message types.
Strong banking back-office operational experience (capital markets knowledge advantageous).
At least five years’ experience in real-time sanctions alerts management (screening/investigation).
Hands-on experience with Fircosoft, Actimize, and SATURN applications.
Exposure to Alteryx (advantage).
Expertise in MS Excel and Microsoft Office Suite.
Strong written and verbal communication skills.
Excellent teamwork, accountability, and results-oriented attitude.

Specific Qualifications (if Required)

Compliance and operational mindset with acute awareness of urgency in payment processing.
Strong analytical skills, attention to detail, and accuracy.
Ability to multi-task in high-volume, fast-paced environments, and work independently.

Basic Requirement

Graduate or Postgraduate with specialization in Finance.
5–7 years of experience in a financial organization, ideally with knowledge of SWIFT messages and sanctions screening.
Knowledge of list-based sanctions, geographic list sanctions, and other sanctions restrictions.
Flexible to work in rotational shifts (including early morning and night shifts).