VIE CIB Global Markets Front Office APAC, Operational Risks Manager – Hong Kong, M/W
Your daily routine ?
You will advise the Global Markets (GM) business lines on Operational Risk Management, promote best practices, contribute to the delivery of an efficient internal control framework, support business development initiatives while ensuring adequate governance as required by Regulators.
You will contribute to 3 major core missions :
You will strengthen Front to End control set up through the investigation of operational risk incidents. You will contribute to defining and coordinating on operational risk reduction actions plans. You will drive the Métier in the answer, follow up and closure of any internal or external recommendation. You will materialize, maintain and improve the Front Office (FO) control plan.
2- Prevention, Risk Assessment
You will develop and manage operational risk monitoring measures and reporting (e.g. KRI, Risk Control Self-Assessment, Conduct Risk Identification). You will make a contribution to the rationalization & efficiency of controls while reducing risks. You will conduct training and awareness sessions to strengthen the Métier’s risk mitigation culture.
You will coordinate the internal validation of exceptional transactions, new activities or automated trading strategies ; you will provide advisory to FO and Functions on operational risk assessment throughout the validation process. You will ensure adherence to the relevant policies & proper implementation of actions points. You will coordinate and contribute to the internal control governance forums and provide advisory on operational risk governance.
The working environment is important !
BNP Paribas CIB Global Markets provides multi-asset investment, hedging, financing, search and market intelligence services to corporate and institutional clients, as well as to private and retail banking networks. The long-term, sustainable business model of Global Markets transparently links clients to capital markets in 38 markets in the EMEA region, Asia-Pacific and the Americas, with innovative solutions and digital platforms. Through Global Markets, clients can access a complete universe of opportunities in equity derivatives, local and foreign exchange markets, commodity derivatives, interest rates, primary and credit markets, and first-class solutions and financing.
The Chief Conduct and Control Office (GM CCCO) is a transversal team within Global Markets that is responsible for overseeing the main risks and controls, while ensuring the integrity and the sustainable development in GM’s portfolio of activities. GM CCCO has a global mandate across all platforms, with teams located in Americas, EMEA and APAC.
Within the CCCO department, the GM Operational Permanent Control & TAC/NAC Coordination team (GM OPC) serves as subject matter expert on the Front Office (FO) supervision structure, operational risks’ assessment, controls and governance. Sitting with the business and acting as the first line of defense, GM OPC partners closely with FO senior management, COO, Compliance, IT & Operations and other control functions to strengthen GM’s operational processes. In particular, GM OPC in APAC is aiming to deliver :
1- Protection: continuous advisory to FO on operational risk management as well as definition of risk reduction’s action plan in collaboration with the support functions ;
2- Prevention & Risk Assessment: Develop and manage operational risk monitoring measures and reporting as well as ad-hoc awareness & training sessions dedicated to 1LoD ;
3- Supervision: Governance structure with regular supervision forums with heads of business lines.
The team is composed by 10 members, 5 being in Hong Kong (IFC 2), 2 in Singapore, 2 in Japan and 1 in SGH.
The next steps?
Based on the trading floor, you will be able to discover the entire Global Markets activities and will be exposed to a dynamic and exigent environment. This role will provide you with good understanding of the trading activities, front to back processes, APAC regulatory environment as well as the operational risk management methodologies. It is expected that you will keep developing your communication, rigor, analytical and initiatives abilities.
Potential career evolution could be expected in FO, risk management, operations, compliance, audit per instance.
Why join BNP Paribas ?
Our world is changing! Today, what counts in a job is to live real experiences, to learn, to share objectives and results with colleagues. In short, to chart your own path, different, responsible and sustainable. At BNP Paribas, we recruit our employees with the idea that they are looking for the world and the bank of tomorrow. Do you want to know all the reasons to join us ?
Go to: https://group.bnpparibas/emploi-carriere/bnp-paribas
What about remuneration ?
It is set by Business France and can be viewed directly on their site.
Are you our next VIE ?
You have excellent academic record from top engineering, business university, with a strong preference for a degree in a quantitative subject such as financial mathematics. You have expertise (internships and work-study program) in market finance and applied mathematics.
You have excellent Microsoft Office skills, using Excel, as well as coding skills.
You are able to adapt quickly in a demanding environment while always demonstrating the utmost rigor. You have strong critical thinking and communication skills as well as a good team spirit.
Last but not least, you speak English fluently !
Don't hesitate and join us!
In a changing world, diversity, equity and inclusion are core values necessary for well-being and team performance. At BNP Paribas, we intend in welcoming and retaining all talents without distinction : this is how we shall all be building the finance of tomorrow, innovative, responsible and sustainable.
Finally, we attach particular importance to ensuring that our future employees act on a daily basis with ethical and professional responsibility.
During the recruitment process, information contained in your CV, your personal identifying information and background can be checked at all times.
As soon as possible for a period of 12 to 24 months.
Please, only send your resume and cover letter in English, and check that you fulfil the conditions for undertaking a V.I.E Doing your International Volunteer Program V.I.E in Hong Kong (businessfrance.fr)