WM Operational Permanent Control Trainee

About the job

The OPC Trainee operates the Control framework relating to all operational risks, including Fraud, Third Party, Conduct, Compliance, Regulatory, Information & Communication Technology risks, and others risks types. OPC is responsible for the deployment of internal policies and procedures issued by specialize independent control functions part of Risk teams (2nd Line of Defense), and for the compliance with external regulatory and supervisory requirements.

Your main activities are

• Contribute to Identifying and assess risks and controls (Risk and Control Self-Assessment) by ensuring that key operational units and processes, material risks and risk mitigants are identified.
• Help Perform/drive the risk identification and assessment in liaison with independent control Functions when needed, ensuring validation by the relevant management level and consistency with the defined risk tolerance. Contribute to the definition and follow-up of remediation plan if needed.
• Assist managing Procedures by ensuring that Group procedures requirements are implemented locally, complemented with local specificities (regulations, tools, organizations ...). Assist on ensuring that the procedures designed by the businesses and functions are identified, updated, properly stored and communicated to the relevant stakeholders within the Operating Entity. Identify and propose calibration of procedures according to the outcome of the risk assessment and other risk events (HI, control results, external events, Audit missions).
• Contribute on Performing controls according to the control plan. Ensure that control results are reviewed and analyzed by the Management and when relevant by operational teams / relevant stakeholders and that remediation action plans are defined if and when needed. Input in Group tools the control results and major action plans. Follow-up the implementation of remediation actions.
• Document findings, recommendations and permanent control actions: Upon notification/receipt of reports, organize the follow-up of the findings and recommendations, either issued internally (e.g. IG supervision) or externally (external auditors, supervisors) and ensure that they are closed within due date.
• Assist on managing historical incidents by alerting the management and the independent control functions if needed on key incidents. Collect incidents (including impacts measurement), report and update in the incidents database, including suspected and attempted fraud cases. Analyze incidents in a timely manner and define, jointly with the relevant stakeholders, the correctives measures be implemented to mitigate risks. Follow-up and /or initiate the implementation of remediation actions and the unfolding of long term incidents. Perform controls on the incident collection process, in particular the cross-check with other databases (accounting or other when existing) and the half-yearly attestation by the local management.

Profile and skills to success

Behavioral Skills

• Ability to collaborate/Teamwork: Beginner
• Organisational skills: Beginner
• Ability to deliver/Results driven: Beginner
• Communication skills - oral & written: Beginner

Transversal Skills

• Ability to develop and adapt a process: Beginner

Business Skills

• Risk Management - Risk knowledge & awareness: Beginner

Languages

• English (Fluent)

Tools and Methodologies

- MS OFFICE PACK MICROSOFT EXCEL (Proficient)

- MS OFFICE PACK MICROSOFT WORD (Proficient)

- MS OFFICE PACK MICROSOFT POWERPOINT (Proficient)

Experience, Academic Background & Other Qualifications

Years of experience: 0 - 1 years

Academic Background

• Bachelor's (3-5 years) in Business Management
• Bachelor's (3-5 years) in Economics, Finance and Accounting

#LI-Onsite

Why joining BNP Paribas? 

· Leading bankinginstitution

BNP Paribas is the European Union’s leading bank, and key player ininternational banking. It operates in 63 countries and has nearly 183.000employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700employees, distributed across the Group's 10 business entities established inthe country. Its presence also extends to 11 excellence centres providingvalue-added services to various countries where the BNP Paribas Group alsooperates.

· International reach 

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:  

• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;  
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;  
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusioncommitment 

BNP Paribas is an equal opportunity employer and proud to provideequal employment opportunity to all job seekers. We are actively committed toensuring that no individual is discriminated against on the grounds of age,disability, gender reassignment, marriage or civil partnership status,pregnancy and maternity/paternity, race, religion or belief, sex or sexualorientation. Equity and diversity are at the core of our recruitment policybecause we believe that they foster creativity and efficiency, which in turnincrease performance and productivity. We strive to reflect the society we livein, while keeping with the image of our clients.

· Commitment towardswork/life balance

At BNP Paribas we care about our employees wellbeing and promote aculture of good integration between work and rest. We believe our employeeshave rich personal lives outside of work, being fundamental to be disconnectedfrom work to recharge both physically and mentally. Only through this balancewe may all be at our best while working.

· Remote WorkingConditions

At BNP Paribas, we embrace a Smart Working framework based on trust,autonomy and collaboration. Within this framework, eligible employees canbenefit from flexible remote working modalities adapted to our hybrid workingenvironment. To guarantee a comfortable and efficient working set-up, eligibleemployees are provided with both the office and home equipment, are entitled toan equipment allowance and can benefit from exclusive partnerships to purchaseadditional equipment at reduced prices. 

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

* Please note that only applications submitted in English will beconsidered. 

* In case you are selected for this role, further documentation will be requested to support your hiring process.