Job Description – CIB CCCO ISPL OPC Central
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.
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 specialised 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
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.
About Business / Function:
The CIB CCCO Central Operational Permanent Control (hereafter “OPC”) team based in ISPL (India) is part of CIB CCCO (Chief Conduct and Control Officer). This new team is being set up and will be progressively in charge of managing the execution of controls mutualized across all CIB business lines and for whom CIB CCCO Central team (based in France) will act as Central OPC. The team will be composed by the end of 2025 of 14 members based in Mumbai, and reporting to BNP Paribas CIB CCCO Central team Management in France. The role of CIB CCCO Central Team is to establish and maintain a strong Conduct and Permanent Control framework on all non-financial risks (operational, conduct and regulatory) throughout 1LoD (1st Line of Defense) across CIB in strong partnership with the Metiers, functions and regions and with CIB LoD 2/3.
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:
CIB CCCO Central OPC
Date:
17/12/2024
Department:
ISPL OPC Conduct and Control
Location:
Mumbai
Business Line / Function:
CIB CCCO
Reports to:
(Direct)
The Head of ISPL GBO OPC (Mumbai)
Grade:
(if applicable)
CIB CCCO ISPL OPC Central - Manager / AVP
(Functional)
The CIB Chief Conduct and Control Office (Paris)
Number of Direct Reports:
6-8 team members
Directorship / Registration:
NA
Position Purpose
The CIB CCCO OPC Central Team supports the Metiers/Functions on Controls to maintain a robust setup of controls that will allow the identification, assessment, reporting, monitoring and mitigation of operational risks.
As the Manager of the Team, the CCCO ISPL OPC Central Team Manager is responsible for the recruitment, onboarding and the development, Training of team members, the definition of objectives and the monitoring of the overall performance of the team.
In addition to the managerial functions, within its scope of activity, the CCCO ISPL OPC Central Team Manager is responsible for providing appropriate support and guidelines to OPCs, monitoring and supervising their activities.
This role is an opportunity to interact with various departments and countries across CIB (Global Banking, Global Markets, Securities Services) and the control results are reported to CIB Senior Management.
Responsibilities
Direct Responsibilities
· Develop and implement offshoring strategies and processes,
· Ensure compliance with company policies and regulations,
· Participate to the recruitment phase,
· Perform appraisal, set objectives, monitor the performance and facilitate the development of team members,
· Monitor the staffing of resources and adjust size and expertise where necessary,
· Allocate the work within the team and ensure back-ups are appointed and trained on each control type,
· Support the team, reply to escalation, reallocate tasks based on priorities,
· Monitor and assess the team’s performance and ensure continuous improvement through effective solutions,
· Ensure the proper execution according to the control plans in a timely manner (ensure the quality of the outcome coming from the team, monitors the control results),
· Provides appropriate support to OPCs in their activities (control execution, identification and assessment of risk areas, definition and monitoring of action plans, etc.),
· Report controls results and related risks to the CIB CCCO Central team Management,
· Review periodically existing control framework and propose enhancements, including mechanisms for feedback loops,
· Ensure proper communications and escalation of key risk areas on a timely basis to the CIB CCCO Central Team,
· Manage onboarding of new activities in relation with the Project Manager in the CCCO Central Team.
Contributing Responsibilities
For the time being, responsibilities of CCCO Central ISPL OPC Team will focus on control execution but may evolve with time to include additional OPC responsibilities (e.g. incidents management, Risk and Control Self-Assessment, follow-up of recommendations issued by LOD 2/3).
Technical & Behavioral Competencies
Must have:
· Proven track -record of leading and managing teams,
· Demonstrable knowledge of risk management in Financial Services,
· Proven experience of control execution and reporting.
Additional relevant competencies:
· Understanding of offshoring processes and strategies,
· Experience in Operational Risk Management through previous roles/experience in 1/2/3 LOD (Lines of Defense) or experience in internal/external audit,
· Ability to work with cross functional and cross jurisdictional stakeholders.
· Work on presentations towards management and stakeholder meetings
Specific Qualifications (if required)
Risk & Controls Management, Ability to develop, inspire others and critical thinking are key to be successful in this role.
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to share / pass on knowledge
Organizational skills
Decision Making
Ability to deliver / Results driven
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to develop others & improve their skills
Ability to inspire others & generate people's commitment
Ability to understand, explain and support change
Ability to manage / facilitate a meeting, seminar, committee, training…
Education Level:
Master Degree or equivalent
Experience Level
At least 10 +years
