2024 - Summer Analyst Internship - Group Financial Security

BUSINESS OVERVIEW:

Group Financial Security U. S. (GFS U.S.) is a Group Compliance function responsible for the overall supervision and coordination of BNP Paribas’ effort to comply with U.S. and other international sanctions and embargoes.

The objectives of this unit include:

• Having the responsibility for the BNP Paribas Group framework in relation to Compliance with US Sanctions;
• Ensuring a legal watch in relation to US Sanctions in liaison with Legal Affairs
• Issuing norms, policies and procedures in relation to Sanctions and applicable across the BNP Paribas Group
• Providing advice on situations linked to US Sanctions across the Group
• Acting as the ultimate level of management of the US Sanctions related transactions, alerts, and reporting
• Acting as the sponsor of tools used to filter flows against embargo / sanctions lists
• Risk assessing the Group’s branches & affiliates regarding non-compliance issues through a permanent risk oversight framework
• Performing on-site controls within BNP Paribas Group to verify that BNP Paribas entities comply with norms and policies issued by GFS-NY.

As a GFS intern, you can expect to:

• Perform analysis of existing and prospective counterparties and their beneficial owners for U.S. sanctions related risks, document and report findings, and communicate to management
• Review of relevant KYC information, including beneficial owners, products/services offered, industry, jurisdiction, and negative news regarding business relationships under review
• Assist with strategic and tactical projects focused on sanctions risk mitigation, transaction monitoring, risk assessments, audits, circumvention reporting, and voluntary self-disclosures
• Partner closely with business and Compliance counterparts to understand sanctions related issues, to process accordingly and provide opinions towards resolution
• Conduct focused or transversal reviews of specified entities across the globe to assess risk monitoring business practices, siting deficiencies and providing recommendations for action plans
• Review regulatory guidelines to draft and approve sanctions related policies for broad acceptance across all compliance teams
• Work with Project and Business Intelligence team as well as Paris and local IT teams to identify, design, and implement technological solutions for streamlining processes, identifying operational risks, and reporting findings to management 

WHAT YOU WILL NEED:

Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities.

They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.

• Graduation year of Winter 2024 – Spring 2025
• All majors accepted

WHAT DOES A SUMMER 2024 INTERNSHIP WITH BNP PARIBAS LOOK LIKE?

At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.

Over 10 weeks, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.

As an Intern, you will:

• Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions
• Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work in order to identify your skills and explore where your interests align
• Participate in weekly senior speaker events and roundtable discussions to gain a comprehensive understanding of financial markets and the industry
• Network with colleagues and learn about industry topics through workshops and speaker series, as well as through philanthropy and social events

Anticipated Program Dates: June 3, 2024 - August 9, 2024

ABOUT BNP PARIBAS

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.  

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

COMPENSATION:

The annualized base salary for this position in New York, NY is $75,000.

EQUAL CHANCES & OPPORTUNITIES FOR ALL:

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.