CDD Senior Analyst - Castrol

Job category Procurement \& Supply Chain Management Experience level Intermediate Relocation available This role is not eligible for relocation Job type Professionals Travel required No travel is expected with this role Job code RQ110845

The Counterparty Due Diligence (CDD) Analyst is responsible for ensuring CDD operations, both onboarding \& ongoing counterparty due diligence activities are conducted in accordance with the requirements of the CDD Practice for Castrol business, including the requirement to observe all data privacy regulations and the need to maintain a systematic audit trail for all decisions and controlled document retention

Key Accountabilities

Process Leadership

• Understand and operate the CDD process, to ensure accurate and timely delivery of onboarding and ongoing due diligence services in accordance with SLAs. Monitor assigned queues in the CDD tool and prioritize workload.
• Conduct on demand CDD screening for Castrol’s counterparties in accordance with the CDD process.
• Monitor the continuous monitoring reports for new matches
• Instigate follow-up reviews at frequencies determined by the risk rating for the counterparties or agents
• Review any matches to establish validity and, if appropriate, recommend next steps which may include moving to a higher level of rigor, or advance include recommendations on action based on precedents
• Ensure that the rationale for all decisions is annotated as needed in the CDD tool
• Compile as appropriate and send CDD request forms to counterparties as required, as well as analyzing subsequent responses and propose the appropriate risk level to be assigned.
• Draft any mitigating actions to be sent to BP business requesters.
• Securely store all information in accordance with the requirements of the CDD Practice and policy ensuring compliance with any data privacy requirements
• Provide subject matter expertise for the CDD process to requestors to ensure that the appropriate level of rigor is applied to CDD.
• Participate in periodic reviews of the CDD process with fellow practitioners and subject matter experts from Ethics \& Compliance, Legal, etc.
• Ensure Compliance to CDD policy and procedures.
• Ensure counterparty data integrity in the systems is preserved and enhanced in line with CDD policy and procedures.
• Any other duties as assigned by management from time to time.
• Implement organizational strategy and support process improvement initiatives

Process and Data Integrity

• Ensure all information are stored securely in accordance with the requirements of the CDD process ensuring compliance with any data privacy requirements

Health, Safety, Security and Environment (HSSE)

• Follow all company’s Health, Safety, Security and Environment (HSSE) policies and procedures and all HSSE directions of line manager or HSSE Manager
• Participate in HSSE training and discussions, workplace inspections and audits, assist in the resolution of Health \& Safety issues, and contribute to successful implementation of HSSE programmes and initiatives Follow up with business when required (for critical issue cases) to better understand context and gathers additional information from business where required.

Essential Education

Qualifications

• Bachelor’s degree in business, Finance, Accounting, or related field; or professional certification such as ACAMS or ICA.

Experience

• 5+ years of working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field.

Essential Experience and Job Requirements:

Experience

• 5+ years of working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field.
• Understand Anti Money Laundering and Anti Bribery \& Corruption requirements and ensure compliance

Desirable criteria

• Excellent written and oral communication skills in English
• Strong partner relationship management skills
• A proactive and dynamic approach
• Managing internal and external partners in different countries and across all segments

At bp, we provide the following environment and benefits to you:

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued
• Possibility to join our social communities and networks
• Learning opportunities and other development opportunities to craft your career path
• Life and health insurance, medical care package
• And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

Our innovative Energize recognition points programme and spot awards translate exceptional performance into tangible rewards, to motivate our high performers.

Pay

bp offers competitive pay in line with industry standards, making us an employer of choice.

Discretionary bonus

We offer discretionary bonuses to reward strong company, business unit and individual performance, and recognition awards, including those related to long service to recognize commitment to the company.

Retirement \& savings

We offer a range of discretionary retirement and savings plans to help provide you and your family with financial security.

Insurance benefits

To give you additional peace of mind, bp provides valuable insurance benefits in some countries. These are designed to provide financial assistance to employees and their families if employees become unwell or die in service.

Equity

Depending on your location and job level, there may be equity (stock and share) options you are eligible to join so you can be part of bp’s success.

Disclaimer

This is a high-level summary only of terms and current discretionary benefits applicable to certain roles. Some rewards, benefits and policies are at managers’ discretion and vary depending on where you work within the business. All terms subject to contract and all discretionary benefits subject to policy and eligibility.