Job Description

About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union\xe2\x80\x99s leading bank 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 10000 employees, to provide support and develop best-in-class solutions.About BNP Paribas Group:BNP Paribas is the European Union\xe2\x80\x99s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group\xe2\x80\x99s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group\'s performance and stabilityCommitment to Diversity and InclusionAt BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.About Business line/Function:Operational permanent control (first line of Defence) team works closely with business teams in order to support in and managing the operational risks, incidents, comply with group guidelines and contribute in effective completion of Risk Control Self Assessments. Additionally facilitate Audit coordination\xe2\x80\x99s, governance meetings and as well as Procedure Managements.Job Title:Assistant ManageDate:02/05/2024Department:OPCLocation:ChennaiBusiness Line / Function:FunctionsReports to:(Direct)Manager \xe2\x80\x93 OPCGrade:(if applicable)Associate(Functional)Number of Direct Reports:0Directorship / Registration:NAPosition PurposeOperational permanent control (first line of Defence) team works closely with business teams in order to support in and managing the operational risks, incidents, comply with group guidelines and contribute in effective completion of Risk Control Self Assessments. Additionally facilitate Audit coordination\xe2\x80\x99s, governance meetings and as well as Procedure Managements.ResponsibilitiesDirect Responsibilities\xc2\xa1 Being a representative in the Operational Permanent Control Unit functioning within the organization ensure that the Group guidelines are adhered by the across the organisation.\xc2\xa1 Work closely with Operational and functional Business Units in GSO to ensure that the defined controls are adhered and any deficiencies/failures are escalated to Senior Management on time.\xc2\xa1 Investigate the incidents recorded and perform regular follow-up with the stake- holders according to the Incident management guidelines including and evaluate the effectiveness of the preventive measures proposed and implemented within the defined time lines.\xc2\xa1 Work closely with business units in order to assess both effectiveness and efficiency of existing controls.\xc2\xa1 Evaluate the operational risk from an internal & external fraud perspective, ensure the teams comply with group guidelines.\xc2\xa1 Contribute to the completion of Generic Control Plan (GCP) and other Risk framework and ensure that Group requirements are met.\xc2\xa1 Support Global OPC team in implementing the Generic control plans (GCP) to the operational and functional teams.\xc2\xa1 Liaise with the operational and functional units in case of any information or documentation deficiencies to meet local requirements.\xc2\xa1 Closely monitor on the implementation of recommendations issued by internal (LOD1, LOD2 and IG) and external audit, regulatory bodies, etc. Share the recommendations status report to internal, regional and global stakeholders.\xc2\xa1 Ensure that the procedures are reviewed in regular interval by the Business units and Operation Risk Team and ensure that procedure covers the entire process and it is within the operational framework.\xc2\xa1 Involved during the migration of new activity/process along with Project management team and review the documents such as SOP\xe2\x80\x99s, existing RCSA, and Historical incidents in order to have the appropriate control framework.\xc2\xa1 Diligently follow the proper escalation channels where required.\xc2\xa1 Ensures that all qualified incidents are adequately translated to operational historical incidents, and registered within Risk 360 and escalate via proper channels where necessary.\xc2\xa1 Work closely with Managers and Operation team for the Heads up preparation.\xc2\xa1 Incidents reported by BUs are to be completed with basic details within 30 days & closed within 60 days.\xc2\xa1 Ensure all the required controls identified are updated in SOPs.\xc2\xa1 Ensure write-ups of various sections in BIRDIE/RISK360 are clearly articulated.\xc2\xa1 Ensure the action plans are recorded in AURORA for significant incidents and communicated to senior management within 48 hours.\xc2\xa1 Ensure that RCSA methodology is diligently followed and assessment is carried out as per the Group guidelines including overall coverage of risk and process,\xc2\xa1 Work closely with managers in creating the action plan for open risks and ensure action plans are implemented within the agreed timeframe.\xc2\xa1 Ensure all the signed RCSA master copy is documented and archived in shared drive for easy reference and retrieval.Contributing Responsibilities\xc2\xa1 Contribute to the Daily, Weekly, fortnightly and monthly reporting to the senior management on Incidents, Preventative Measures, aging incidents, Long term incidents and Open recommendations etc.\xc2\xa1 Work with managers in conducting the Permanent control Meeting with Operational and Functional units within organization.\xc2\xa1 Contribute inputs to the risk reporting to Management through Risk Control Committee and Internal Control committee.Technical & Behavioral Competencies\xc2\xa1 Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.\xc2\xa1 Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.\xc2\xa1 Identify Operational Risk Areas within the entity\xe2\x80\x99s processes or activities.\xc2\xa1 Ability to analyses and be critical in decision makingSpecific Qualifications (if required) Qualified MBA (Finance)/Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkAdaptabilityAttention to detail / rigorPersonal Impact / Ability to influenceTransversal Skills: (Please select up to 5 skills)Analytical AbilityAbility to inspire others & generate people\'s commitmentAbility to develop others & improve their skillsAbility to develop and leverage networksChoose an item.Education Level:Master Degree or equivalentExperience LevelBeginnerOther/Specific Qualifications (if required)Qualifications

• Qualified C.A /C.A (Inter) C.S / CIA / CMA (Intermediate) pass.
• Atleast 8 to 10 years of Risk and/ or Investment banking experience.

BNP Paribas