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We are looking for

Senior Associate - ISPL Operations OPC

Job type Permanent
Schedule Full time
Job Function Periodic inspections
Location India Open map
Apply REF: BNP018329


Job Description - APAC



About BNP Paribas Group:

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.



About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.



About Businessline/Function :

Within the Asia Pacific CIB IT & Operations organization, the Regional OPC (Operational Permanent Control) correspondent for the GMO perimeter is under the management of the Head of Conduct & Controls and works in close relationship with the GMO teams in Singapore, Hong Kong and other territories.



Job Title:

Operations Permanent Controller, Global Markets Operations

Date:

01 November 2019

Department:

ISPL CIB ITO Conduct & Controls

Location:

Mumbai

Business Line / Function:

APAC CIB ITO

Reports to:

(Direct)

ISPL Head of Conduct & Controls

Grade:

(if applicable)

(Functional)

NA

Number of Direct Reports:

Directorship / Registration:

NA

 

Position Purpose

Main responsibilities is to implement the operational risk management framework and monitor the operational risk related to Global Markets Operations activities. Hence, to analyze control results (Ops, OPC, LoD2, LoD3) and incidents to identify main operational risks and follow the associated mitigation/remediation actions (including recommendations).

Will also be responsible for the improvement of the overall internal control mechanisms to ensure compliance with regulatory requirements and BNPP Group standards.

Responsibilities

OPC framework

·         Work closely with Global OPC teams to ensure that guidelines established centrally are adapted in APAC

·         Update RCSA and risk maps as part of the implementation of the Convergence program

·         Identify gaps in the control framework based on IG missions, RISK ORC permanent control actions, open risk areas, TAC/NAC, projects and incidents

·         Subsequently review the control plans using a risk based approach

Risk management

·         Monitor the ORUS controls results declared by Operations Teams and report the sign-off status

·         Perform the control testing as defined in the control plan and validate the action plan with ITO management

·         Ensure operational risk incidents are properly collected, coordinate the root cause analysis and contribute to the definition of remedial actions

·         Follow-up and contribute to close recommendations/permanent control actions/incident remediation actions assigned to ITO across the Region

·         Ensure adherence to reporting in all tools (Orus, Mercator/Forecast, Aurora, etc)

·         Take a step back to identify key risk areas and to propose long-term remediation actions to ITO management

OPC governance

·         Liaise with territory and ISPL OPCs to ensure that APAC ITO control framework is uniformly adopted across the Region

·         With the other ITO OPCs, contribute to the risk awareness within ITO and bring into the spotlight key areas of focus/attention

·         Actively support a front-to-back approach via a strong collaboration with Business OPCs and a clear reporting on risks and mitigating actions for the concerned business

·         Closely collaborate with Risk ORC by attending regular meetings and sharing relevant information

Regulations, Procedures and Code of Conduct

·         Pro-actively monitor the regulations changes to ensure cascading in Ops teams

·         Monitor the implementation of global/local regulations and internal policies by Ops teams

·         Ensure compliance with global and regional policies, especially Compliance and IT Security

·         Ensure respect of the BNPP standards of Code of Conduct

Technical & Behavioral Competencies

·         Experience of front-to-back Global Markets flow (any product, Fixed Income, Commodity)

·         Good analytical skills and control mindset

·         Ability to integrate various information and synthesize them

·         Good communication and presentation skills, with ability to interact with operations staff and Senior Management

·         Ability to work independently and also as part of a team

·         Coordination and multi-tasking skill

·         Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) for statistical analysis and report production

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Critical thinking

Ability to synthetize / simplify

Ability to collaborate / Teamwork

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to understand, explain and support change

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

 




Primary Location: IndiaJob Type: Standard / PermanentJob: PERIODIC CONTROLEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 5 yearsSchedule: Full-time Behavioural competency: Teamwork, Communication skills, Active listening, Analytical skills, Risk Management, Act with integrity, Adaptability, Taking initiative, Accountability, Ability to learn, Ability to reportTransversal competency: Coordinating a virtual community, Knowing how to use IT