Positions for Senior Associate - Operations Permanent Controller

Job Description

*TBAbout BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai, Bangalore and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.About Business Line/Function : Within the BNP Paribas India Solutions Pvt Ltd ( ISPL ) Organization, the OPC (Operational Permanent Control) correspondents for the IT/Operations/Functions/Financial Shared Services perimeters is under the management of the Head of Conduct & Controls and works in close relationship with the relevant Operational Entity (OE) teams., *About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai, Bangalore and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.About Business Line/Function : Within the BNP Paribas India Solutions Pvt Ltd ( ISPL ) Organization, the OPC (Operational Permanent Control) correspondents for the IT/Operations/Functions/Financial Shared Services perimeters is under the management of the Head of Conduct & Controls and works in close relationship with the relevant Operational Entity (OE) teams.Job Title:Senior Associate, Operations Permanent Controller, Global Markets OperationsDate:Feb 2023Department:ISPL CIB ITO Conduct & ControlsLocation:BangaloreBusiness Line / Function:Global MarketsReports to: (Direct) Grade: (if applicable) (Functional) NANumber of Direct Reports:Directorship / Registration:NAPosition PurposeWithin the BNP Paribas India Solutions Pvt Ltd ( ISPL ) Organization, the OPC (Operational Permanent Control) correspondents for the IT/Operations/Functions/Financial Shared Services perimeters is under the management of the Head of Conduct & Controls and works in close relationship with the relevant Operational Entity (OE) teams.The operational permanent controllers (OPC) have a key role in the first line of defence regarding the management of operational risks and permanent control.Main responsibilities is to implement the operational risk management framework and monitor the operational risk related to OE s activities. Hence, OPC will analyze control results and incidents to identify main operational risks and follow the associated mitigation/remediation actions (including recommendations). OPC will be also responsible for the improvement of the overall internal control mechanisms to ensure compliance with BNPP Group standards. Responsibilities Risk management
• Participate to the definition and to the regular update of the Central Control Libraries (CCL), of the Local Control Plans (LCP) that adapt Generic Control Libraries (GCL) and take into account in addition specificities related to risks assessments, regulation or other risk events (historical incidents, control results, external events, audit missions, etc.).
• Execute and/or coordinate controls according to these plans.
• Ensure that control results are reviewed and analysed by the management of the entity and when relevant by operational teams / relevant stakeholders and that, according to the results, action plans are defined if needed.
• Input the control results or ensure correct input of the control results as well as self-identified action plans elaborated by the first line of defence in the Group tools.
• Ensure tracking of permanent control actions and incident remediation actions to closure.
• Advise the status of the control environment. Use findings of control weaknesses to drive risk management and process & control improvement
• Coordinate, manage and follow up of internal and external audit findings and recommendations, including recommendations from governing authorities.
• Ensure adherence to reporting in all tools
• Develop strong relationship with key stakeholders and business partners by addressing issues/concerns in timely manner.
• Work closely with Central OPC teams to ensure that guidelines established centrally are adapted
Risk governance
• With the other ITO OPCs, contribute to the risk awareness within ITO and bring into the spotlight key areas of focus/attention
• Participate in the Permanent Control Committees and ISPL Internal Control Committee, ensuring clear reporting of control results, incidents, key risks, etc.
• Liaise with the Onshore / Local OPCs and contribute to the risk awareness and bring into the spotlight key areas of focus/attention
• Closely collaborate with LOD2 by attending regular meetings and sharing relevant information
Regulations, Procedures and Code of Conduct
• Ensure that Group procedures requirements are implemented locally, complemented with local specificities (regulations, tools organizations, )
• Ensure that the procedures designed by the businesses and functions are identified, updated, properly stored and communicated to the relevant stakeholders within the OE
• Ensure respect of the BNPP standards of Code of Conduct
Technical & Behavioral Competencies
• Minimum 5 years of collaborative experience in Global Market Operations & Operational Risk.
• Knowledge on Trade Life Cycle is required. Experience in Settlements would be a plus.
• Good analytical skills and control mindset
• Ability to integrate various information and synthesize them
• Good communication and presentation skills, with ability to interact with operations staff and Senior Management
• Ability to work independently and also as part of a team
• Coordination and multi-tasking skill
• Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) for statistical analysis and report production
Specific Qualifications (if required)

Keyskills :
qualityinsurancemissalescustomer relationsrisk management frameworkoperational risk management