Position Purpose
As the first line of defence, Risk Controller is responsible to ensure a risk-based, sustainable and effective framework surrounding Operational, Business and Compliance risk at the location and in close collaboration with counterparties to support growing business initiatives.
Responsibilities
Direct Responsibilities
- Assess and monitor the effectiveness of controls and promoting continuous improvement in control design and execution.
- Conduct assigned WM 1LoD controls and ensure timely remediation of observed issues.
- Assist to follow-up WM audit finding and recommendations.
- Assist with procedure reviews and validation.
- Monitor and follow-up for incident investigation, remediation and management.
- Support team and management with periodical and ad hoc data analysis and MIS reporting
- Support WM Outsourcing activities through the regular review of SLAs and oversight of internal/external vendors.
- Co-ordinate BCP activities for WM department including annual review of BIAs and testing preparation.
Contributing Responsibilities
- Direct Contribution to WM COO office
- Indirect contribution to TW WM counterparties as well as the regional WM functions
Permanent Control Aspects
- Job scope encompasses two main domains
- Execute Permanent Controls: including 1LoD controls covering compliance and operational risks & Front Office Conduct Surveillance.
- Governance, Advisory and Surveillance: Governance of Operational Risk (risk assessment, incidents, and procedures) and monitoring the Business Risks (Cross Border, Suitability, Tax compliance, Global Regulation, and TAC / NAC).
Technical & Behavioral Competencies
- WM Banking and Trust related product and operational process knowledge
- Knowledge on Regulatory Requirements is a Plus
- Effective Communication Skill
- Proactive in not only spotting issues, but proposing solutions to support business
Specific Qualifications (if required)
- Trust and Broker License holders is a plus
- Fluent in English
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
