Offer: Analyst - AML:BNP Paribas Group Ireland
The Investor Services Department is primarily responsible for maintaining a fund's share register. Involving the maintenance of key investor account information, recording & classification of investors.
The Investor Services Department (also known as the Transfer Agency Department) is primarily responsible for maintaining a fund's share register.This involves the maintenance of key investor account information, the recording and classification of investors in conformity with key industry declarations and requirements, and the processing of all investor dealing instructions if conformity with a fund's offering memorandum. The Investor Services Department effectively becomes the main contact point for a fund's investors, dealing with their queries, processing their subscription and redemption requests, and money movements in an out of the fund account.
As the Investor Services Department is at the front line in dealing with investors, Information technology is also responsible for ensuring all appropriate Anti-Money Laundering / Client Identification procedures are implemented and adhered to at all times.
The objective of this function is to participate in a team effort to review investor AML documentation to ensure BNP Paribas is compliant with our regulatory requirements at all times whereby responsibilities include gathering, reviewing and interpreting investor identity documents for various entity types; communication with hedge fund clients and investors; entering and maintaining AML data on transfer agency systems and liaising with various internal BNP Paribas teams.
» Perform AML / KYC due diligence on a range of institutional investor types with different legal structures from all jurisdictions to support the Hedge Fund Administration business.
» Reporting to Investors and Investment Managers (Hedge Fund Clients) at various intervals during completion of the AML / KYC clearing process.
» Respond to standard queries and requests from investors in a timely and efficient manner.
» Work to tight deadlines, particularly at month end, to ensure investor AML / KYC due diligence is fully completed on time with complete accuracy.
» Regularly revisit investor files to ensure the AML / KYC documentation is in line with current standards.
» Work closely with Investor Services AML Manager and AML team on various team projects and initiatives as a result of amended legislation, as appropriate.
» Keep up to date on current Anti Money Laundering and Counter Terrorist Financing legislation, and understand how Information technology affects our business.
» Work closely with Compliance Department on a everyday basis to review any investors who appear on their sanctions screening list overnight.
Requirements for the function
appropriate candidates for the function will demonstrate the following:
Third Level qualification ideally specializing in business or finance.
Minimum of Two/Three Years' practice in Fund Administration
practice and knowledge of Irish Criminal Justice Act and AML / KYC account opening
practice in Alternative Transfer Agency Operations
In depth knowledge of typical legal structures including partnerships, corporations, trusts etc.
practice in use of MS Officepractice of working with a Transfer Agency System an advantage
Hard working Team Player who likes to work within and contribute to an organizational team structure
Attention to detail is essential
Adaptcapability : capability to adapt to and work within a dynamic professional environment
Keen consciousness of Client Service standards and Relationship Management expertise
Strong Communication expertise
BNP Paribas Group Ireland