AM/Manager - RISK ORM APAC Independent Control Testing

Job Description

*About BNP Paribas Group:BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions. About Business line /Function :RISK PresentationRisk Coverage:

• RISK perimeter encompasses credit and counterparty risk, market risk, funding and liquidity risk, interest rate and FX risk of the Banking book, insurance risk and operational risk.
• RISK covers all Group s activities and geographies.
• To provide a holistic view of the risk profile to the Bank s management and Board, RISK coordinates with the relevant control function(s) to ensure relevant risk assessment, aggregation and reporting.

The current position is under Operational Risk coverage. RISK is a key part of the Bank s internal control frameworkRISK accompanies the Group s development

• RISK ensures the risk taking policy and the risks generated by the Bank s activities comply and are compatible with its strategic objectives

RISK is one the 4 integrated control functions of the Group

• RISK is the second line of defense over the Group s risk management activities
• The Chief RISK Officer (CRO) reports to the CEO and is a permanent member of the Group Executive Committee
• The CRO has a direct and independent access to the board

An integrated and independent function. Close relationship with the Business Lines : INDEPENDENCE and PROXIMITY

• A de-concentrated organization, adapted to each business
• Constant discussion with the businesses to advise and challenge them on their risks

An integrated and independent function. Close relationship with the Business Lines : RISK OBJECTIVES

• Accompany the Group s development with a business-minded spirit
• Provide a fast, complete and reliable information on our risk profile
• Offer high quality risk management expertise to the Group s stakeholders
• Foster risk anticipation and position RISK as a prospective watchtower
• Prepare the Group for high and higher regulatory expectations

RISK ORM departmentRISK Operational Risk Management (RISK ORM) belongs to the second line of defense of BNP Paribas. It belongs to the Risk Function (RISK) of BNP Paribas (RISK) and is placed under the responsibility of the Chief Operational Risk Officer for CIB. The department has responsibility for independently challenging and supervising the Operational Risk management of activities in APAC (front to back). This is achieved through: framing operational risk methodology and disseminating of risk management culture across businesses; assessing the adequacy of the operational risk management set-up; controlling effectiveness of 1 st LOD control environment; contributing to the detection, anticipation and response to risks; alerting business and RISK stakeholders on any significant risk issue; providing a consolidated view on business operational risks profile.Job Title:Assistant Manager/Manager Date:Department:RISK ORM ISPLLocation:MumbaiBusiness Line / Function:RISK ORM ISPLReports to:(Direct)Head - ISPL RISK ORM APAC Independent Control Testing Grade: (if applicable)AM/Manager(Functional)NANumber of Direct Reports:NADirectorship / Registration:NAPosition PurposeThe APAC Independent Control Testing Team at ISPL is part of the transversal control testing team dedicated for APAC activities with the key role to give support to the RISK ORM CIB APAC team for providing relevant RISK and Senior Management (Regional / Local & Central) a synthetic, transparent, exhaustive, and consistent front to back view of Operational Risk across regional activities. It will ensure the establishment and comprehensive execution of generic control plan(s) defined for each activity by the RISK ORM CIB APAC team covering Global Markets, Corporate Banking and Transversal activities.ResponsibilitiesDirect ResponsibilitiesSupervise First Line of Defence Control framework through adequacy assessment, verification and challenge for:

• Ensuring that 1st level controls are correctly executed in line with procedure and risk assessment, and that they are properly documented (audit trail)
• Ensuring that unsatisfactory controls resulted in the implementation of an action plan
• Execute relevant independent controls (Re-performance)
• Assist the RISK ORM Corporate and Institutional Banking (CIB) APAC team in conducting analysis to advise the 1st Line of Defence in Region & Countries on 1st level controls improvements
• Support the RISK ORM CIB APAC team in relevant deliveries within RISK , Business line & Functions, Territories and appropriate committees
• Alert and escalate on attention points to the RISK ORM CIB APAC team resulting from the controls execution
• Propose to RISK ORM CIB APAC team improvements for the control plans whenever required based on the holistic view of the controls
• Support the RISK ORM CIB APAC team in liaising with RISK ORM business and transversal topic teams to ensure the controls are up to date with risk climate by bilateral communication with RISK ORC business theme teams Governance
• Produce a synthetic, comprehensive, and actionable testing results based on independent testing and submit it to RISK ORM CIB APAC team
• Support the RISK ORM CIB APAC team in making contribution to RISK ORM Group & global initiatives

Technical & Behavioral CompetenciesTechnical Skills / Competencies

• General Risk Management Awareness
• Sensitivity and/or experience in operational risk
• In-depth Corporate and Institutional Banking (CIB) products and processes knowledge
• Risk Identification, Risk Monitoring, Risk Mitigation, Risk Reporting Techniques and systems
• Familiarity with Computer applications such as Excel, Word, PowerPoint
• Familiarity with banking IT systems

Behavioral Competencies

• Excellent interpersonal skills
• Apt presentation skills
• Ability to work in a multi-cultural, team-oriented environment
• Ability to work independently
• Exhibit pro-activeness
• Excellent project management skills
• Demonstrate fine attention to details
• Synthesis capabilities /problem solving skills
• Service quality orientation
• Ability to honor tight deadline

, *

• Master Degree or equivalent

Keyskills :
control testingrisk assessmentoperational risk managementrisk managementinsurance riskmarket riskretail bankingenvironmental impact assessmentglobal deliveryliquidity risk