Ispl Risk Orm Officer - Mumbai, India - BNP Paribas

BNP Paribas
BNP Paribas
Verified Company
Mumbai, India

3 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description
ISPL RISK ORM OFFICER (


JOB NUMBER:
CIB007710)

  • About BNP Paribas Group:
  • BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost employees.
The Group ranks highly in its three core areas of activity:

Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients.

The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection.

In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

- About BNP Paribas India Solutions:

  • Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center.

India Solutions services three business lines:
Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group.

Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.

- About Businessline/Function:

  • RISK Operational Risk Management (ORM) Corporate and Institutional Bank (CIB) belongs to the second line of defence of BNP Paribas CIB. It belongs to the Risk Function (RISK) of BNP Paribas and is placed under the responsibility of the Chief Operational Risk Officer for CIB.
  • The department has responsibility for independently challenging and supervising the Operational Risk management of CIB activities (Corporate Banking, Global Markets, Securities Services, IT, Operations, Functions) on a worldwide scope.

This is achieved through:

framing operational risk methodology for CIB and disseminating of risk management culture across CIB; assessing the adequacy of the CIB operational risk management set-up; controlling effectiveness of CIB control environment; contributing to the detection, anticipation and response to risks; alerting CIB and RISK stakeholders on any significant risk issue; providing a consolidated view on CIB operational risks profile.- As the second line of defence for Third Party Risk Management (TPRM), RISK ORM has responsibility for identification of key third-party risks to the Bank and influencing business, functions and technology partners to take sound risk management decisions.

- Job Title:

Risk ORM Officer

  • Date:

Department:

  • Risk ORC
  • Location:


  • Mumbai

  • Business Line / Function:

Risk ORC

  • Reports to:
  • (Direct)_


  • Lead

  • Grade:


  • (if applicable)

  • NA
  • (Functional)_
  • NA
- Number of Direct Reports:

  • NA
  • Directorship / Registration:
  • NA
- Position Purpose-
Responsibilities- Effectively challenge all aspects of the Risk and Control Self-Assessment (RCSA) of the business units under our remit, provide recommendations and follow up on their implementation

  • Analyze risk data from various sources (e.g. external events, control deficiencies, risk register) to identify and measure levels of risk, concentration, trends and patterns and use it to assess the current control environment and recommend improvements where applicable
  • Perform check and challenge of 1LOD mitigation plans, risk acceptances, permanent control action and audit recommendations, produce and communicate risk opinions and maintain working papers to substantiate and ensure objective basis for the risk opinions
  • Collaborate with other 2LOD functions and teams across APAC and Group on common priorities/projects
  • Contribute to the successful execution of independent testing missions that are designed to evaluate TPRM risk identification and effective and sustainable mitigation.
  • Perform independent testing controls and support the wider RISK ORM community globally in defining better maturity models for independent testing. The individual will lead this effort from an independent risk assessment of these projects and will support vendor assessment and reporting the findings. Excellent presentation skills are necessary. Experience interacting with regulatory agencies is a plus.
  • Implement the wider Enterprise Risk Management framework (HI, PI, RCSA, Recommendations and action plan followup) on the third party risks area.

Technical & Behavioral Competencies

  • 5+ experience specifically in third party assessments.
  • Bachelor degree in Business or Risk Management (or equivalent professional qualification).
  • Team player focus on the success of the whole team. Working well both with others, as well as individually.
  • Excelle
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