AVP-US Market Ops (Operational Risk)- ISPL Offshored OPC

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Senior Operational Risk specialist needed for US Market Ops at BNP Paribas in Mumbai.

Lead risk assessment, control framework, and KRI monitoring across Global Markets Operations.

Department

Department : Global Markets Operations Control (OPC)

About Business line/Function

About Business line/Function: Operations Permanent Control (OPC)

Position Purpose

Position Purpose: To perform OPS activities for US Market Ops

Responsibilities

CIB Operations comprises three operations lines: Global Banking Operations (Middle and Back Offices for Trade Finance, Supply Chain and Credit products), Global Markets Operations (Middle and Back Offices for Fixed Income, Foreign Exchange, Equities and Derivatives products) and Client Engagement & Financial Security (which includes Client Due Diligence, Client Service and Client Referential)

Operations - Operations Permanent Control (OPC), within the CIB ITO Chief Conduct and Controls Office (CCCO) is mandated with driving the awareness and application of the following core elements of control and supervision throughout a scope that comprises Global Markets Operations, Global Banking Operations as well as Client Engagement & Financial Security. Specifically,

• Facilitates control governance by evaluating, maintaining and enhancing the Operational Risk Control framework
• Owns the centralized view of the Operational Risk control framework, with responsibility to streamline, secure and deploy the control framework
• Ensure all CIB Operations controls are exhaustively and continuously mapped in the CIB Operations control and risk information application
• Monitors Key Risk Indicators
• Monitors and acts as escalation point for Incidents, Audit Recommendations, and Operational Procedures
• Performs granular and systematic quality assurance control reviews of Level 1 operational procedures, controls and supervisory responsibilities of all CIB Operations teams
• OPC has a fully segregated reporting line, with no responsibility for operational production

The position covers more specifically the Operations OPC responsibilities over Global Markets Operations perimeter.

Direct Responsibilities

• Perform risk self-assessment (analysis of processes, risks and controls mapping, quantification of potential incidents), perform set up of corrective actions and formalize the control plan
• Perform preliminary risk assessment of the operational risk incurred by the new activity and ensure adherence to the applicable policies and procedures
• Act as a point of contact and advisory to CIB Operations management and staff during the full risk assessment cycle
• Participate in the definition and implementation of permanent control plans. Participate in the definition and implementation of appropriate governance and process to implement an effective follow-up of recommendations assigned to auditees
• Provide analysis and reports based on Key Risk Indicators and results of controls performed by the various controls and process owners
• Contribute to methodology standards and tools, according to Operations Lines specificities and support the implementation of tools
• Conduct sessions on risks and controls, with purposes related to awareness, risk sensitization and knowledge sharing
• Act as an entry point for all second Line of Defense (LoD) requests (reporting, control plans) and contribute to the definition of a common action plan
• Coordinate with partners and stakeholders across the organization to establish and maintain a cross-functional and front-to-end vision of risks
• Ensure all responsibilities are fully cross-trained.

Technical & Behavioral Competencies

Technical :

A minimum of 8+ years of experience in a similar role (Financial Services, with a Finance, Risk, Operations, Audit and or Business Management background). Experience in Capital Markets is an asset

University degree or equivalent required Finance, Business, Risk, Audit or similar

Good knowledge of banking operational products, process flows and controls

High capacity for advanced analysis, research and synthesis of causal patterns across disparate businesses, functions and geographies

Exceptional communication skills and ability to manage and influence senior stakeholders

Ability to build strong working relationships with stakeholders across first and second lines of defense

Excellent desktop skills – including Excel, Word, PowerPoint and SharePoint

Change agent with exemplary attitude: - innovative, enthusiastic, rigorous, execution oriented

Behavioral :

Change agent with exemplary attitude: - innovative, enthusiastic, rigorous, execution oriented

Strong team skills but comfortable working independently with clear directives

Highly:

• Skilled multi-tasker with efficient organization skills
• Ethical and control oriented
• Organized and adept at managing competing deliverables

Specific Qualifications

NA

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Ability to manage a project
• Stakeholder Management
• Risk awareness and Management

Behavioral Skills:

• Ability to collaborate / Teamwork
• Attention to detail / rigor
• Ability to deliver / Results driven
• Communication skills - oral & written

Education Level

Master Degree or equivalent

Location

Mumbai

About BNP Paribas Group

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank 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 10000 employees, to provide support and develop best-in‑class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.