Role Description and purpose
Working from Sao Paulo to ensure delivery of the Operational Risk and Control (ORC) framework maintenance/ adaptation and evolution including but not limited to Independent Testing (LoD2 controls), incidents management, coordination of new activity/ exceptional transaction committee process, risk mapping (RCSA), antifraud program, Third Party Risk Management, follow up of Internal audit recommendations and coordination / participation to the local RISK ORC committees (including local Internal Control Committees).
The RISK ORC Officer in Brazil will represent the function with the local and central Management (in conjunction with the local CRO).
Work closely with the deputy Head of RISK ORC AM covering the perimeter, the local CRO and the Global ORC teams as well as the business unit stakeholders in carrying out independent testing (2nd level controls) and report the results to the local Management and to the local / global RISK teams through regular reporting. Work closely with the business to assess the inherent risks with each business unit (risk mapping - RCSA) and assess the adequacy of existing controls (LoD1 control framework). Where necessary make action plans proposal to mitigate the risks to a tolerable level.
Roll out of global RISK ORC initiative. Help the business to implement these initiatives on a timely basis.
Perform second level reviews of Operational risk Incidents reported, including reviewing the correctness of the short term action plan and long term remedial action plan to ensure the correctness of calculation and/or approach to prevent future re-occurrence (improvement of operational processes through Action Plans).
Be Involve in the IG (internal audit)/ Regulatory inspection as RISK ORC representative. Keep track of Inspection/ review findings and recommendations and follow up to ensure closure before deadlines.
Coordinate some specific topics of the function like anti-fraud program and TPRM (Third Party Risk Management).
Organize and contribute to the production process of the management report for local internal control committee and other RISK committees.
Provide critical view on the global RISK ORC framework/setup including possible improvements, new ideas and best practices sharing. Engage in the sharing of innovative ideas in improving the operational efficiency and methodology of operational risk and control framework.
As ambassador of RISK ORC in the entity, encourage local business heads/ CEO the use of ORC output as a tool kit for senior management decision-making process.
Provide trainings to local business stakeholders on Operational risk policies and roll out to develop and improve areas of weakness.
- Demonstrates personal drive and energy to generate and increase
performance aiming for better and faster delivery (engagement);
- Leads through providing clarity and direction, encouraging change and
- Compliance/ operational risk/ risk experience,
preferably with an international asset management company;
- Fluency in English and Portuguese;
- Bachelor's degree.
BNP Paribas is committed to providing a work environment that fosters
diversity, inclusion, and equal employment opportunity without regard to race,
color, gender, age, creed, sex, religion, national origin, disability (physical
or mental), marital status, citizenship, ancestry, sexual orientation, gender
identity and gender expression, or any other legally protected status.