CDD Manager (x)
Join our CDD Team and advance your career as a
Counterparty Due Diligence Manager
The CDD Manager is responsible for managing a team to deliver Account Opening business and control, effectively deploying account opening and reference data processes liaising with relevant industry groups regarding account opening and reference data practices, maintaining strong working relationships with BP customers and internal groups, and working with Legal and Compliance to ensure compliance is in order to support the team's core accountability of delivering account activities that are in conformance with internal requirements and standards.
In this role You will:
- Provide effective support to CDD team in KYC due diligence reviews of new and existing counterparties
- Provide effective support to CDD team in KYC due diligence reviews of new and existing counterparties
- Manage team’s portfolio of existing counterparties to be refreshed and/or priorities of new counterparty on-boardings.
- Apply a robust risk approach and forms sound judgment calls, recommendations.
- Escalate all concerns and red flags to senior CDD levels as appropriate.
- Ensure effective compliance with bp’s AML Standards in reviewing (four eye check) and approving counterparty files.
- Maintain effective interaction with key stakeholders
- Manage resources of the team by effective capacity forecasting and monitoring, setting priorities, work allocation and reallocation where necessary.
- Provide regular KPIs and MI to stakeholders.
- Identify, initiate, and drive improvements to current CDD processes to increase control and efficiency.
- Share knowledge and expertise across the CDD team especially regarding KYC / AML Procedures and Processes, Legal and Regulatory requirements as well as best practices.
- Act as a role model in accordance with the bp Leadership Expectations.
- Attract, develop and retain staff to ensure a consistently high level of professionalism
- Active performance management of team members throughout the year.
- Establish and control short- and long-term goals of the team.
What You will need to be successful:
- Relevant finance or legal degree and minimum of 8 years of experience in control, compliance or finance area
- 5+ years of experience in managing teams
- Experience from KYC/AML control functions, ideally within a financial services or commodities trading business is preferred.
- Solid understanding of KYC/CDD/AML/Sanctions risks and controls
- Good analytical, process and project management skills
- Ability to make risk-based decisions and/or recommendations.
- Ability to drive continuous improvement and manage teams through change.
At bp, we provide the following environment & benefits to you:
- Different bonus opportunities based on performance, wide range of cafeteria elements
- Life & health insurance, medical care package
- Flexible working schedule: home office up to 2 days / week, based on team agreement
- Opportunity to build up long term career path and develop your skills with wide range of learning options
- Family friendly workplace e.g.: Extended paternity leave, Mother-baby room
- Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
- Possibility to join our social communities and networks
- Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment
- Assets like phone for private usage and company laptop are provided from the first day of employment with other equipment if requested
bp Hungary won the Most Attractive Employer 2021 Award, based on the PwC annual research. Come and join us!
Entity: Finance
Job Family Group: Finance Group
Relocation available: Negotiable
Travel required: No
Country: Hungary
About BP: FINANCE
Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work.
For you this means working with us on:
Compliance – efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence.
Stewardship – laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market.
Performance – facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities.
Transformation – driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance.
Experience Level
Intermediate
Legal disclaimer
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
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