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's 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's 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's 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 stability

Commitment to Diversity and Inclusion


At 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:


Inspection Generale (IG) is a global and independent integrated Function, in charge of the Group's periodic control and a key player in the Bank's internal control framework. IG has more than 1,300 employees covering more than 70 countries across the world. On behalf of the Board of Directors, IG performs independently audit assignments on all activities and locations of the Group to assess their governance, their risk management, and their control framework and support the Group's strategy and its transformation plan.


Job Title:

Regional Auditor


Date:


2024


Department:

Inspection Generale


Location:


Mumbai


Business Line / Function:

Inspection Generale (IG)


Reports to:


(Direct)


IG Hub APAC Territory Coverage Manager, India


Grade:


(if applicable)


NA


(Functional)

•


Number of Direct Reports:


NA


Directorship / Registration:


NA

POSITION PURPOSE
--------------------

• To conduct audit work in accordance with the IG methodology and ensure high standard of deliverables
• To contribute to risk assessment of audit units based on knowledge obtained through assignments as well as day-to-day contact with auditees
• To follow through with auditee on implementation of recommendations

Responsibilities

DIRECT RESPONSIBILITIES
---------------------------

1. Participate in the audit team assignments and special reviews (when required by regulators, business lines, or senior management)


Head of Assignment:

• Lead the assignment / review in accordance with BNPP Internal Audit Guidelines, International Professional Practices and established internal communication protocol.
• Plan, oversee and co-ordinate the work performed to ensure optimal resource allocation and efficient completion of assignment by preparing the methodology, collating raw data, obtaining past recommendations, preparing meetings with auditees, etc.
• Assess the key risks of the audited areas and coordinate the team to identify weaknesses in governance, risk management and control in those areas and raise appropriate findings and recommendations.
• Review work done by audit team to ensure that the work scope objectives are achieved.
• Complete the audit report within the recommended timeline.
• Escalate to the Supervisor unresolved matters or disputes with the auditees for timely resolution.


Auditor of Assignment

• Assist in documentation gathering for the assignment.
• Assist in assessing the key risks of the audited areas and identify weaknesses in governance, risk management and control in those areas by carrying out appropriate evaluation and tests.
• Raise appropriate findings and provide appropriate value-added recommendations to mitigate identified risks.
• Complete and file investigation working papers for easy retrieval to substantiate work performed.

2. Review the implementation of the Inspection Generale recommendations

• Validate the implementation of recommendations and maintain audit trail of correspondences with auditees in respect of all implementation.

3. Contribute to the periodic risk assessment of covered activities and planning

• Perform a periodic and comprehensive risk assessment of the covered activities as per the Group guidelines.
• Keep abreast of change/new development of regulatory requirements that are relevant to the covered activities and related functions.
• Assist in the elaboration of the audit planning following a risk-based approach.

CONTRIBUTING RESPONSIBILITIES
---------------------------------

• Contribute to the improvement of the Inspection Generale practices through the elaboration and update of our methodologies.

TECHNICAL & BEHAVIORAL COMPETENCIES
---------------------------------------

• Is conversant with and applies appropriately audit methodology/standards and control concepts
• Possesses knowledge of business, products, risks, practices, policies and regulations
• Practically adapts theory and experience to circumstances of assignment
• Demonstrates planning, organizing and communication / interpersonal skills in conducting assignments and dealing with auditees
• Be analytical and able to anticipate problems/obstacles, able to distinguish material from non-material items in making decisions
• Is mindful about deadlines and disciplined in completing deliverables at the required level of standard
• Team Work spirit
• Good written and oral communication skills in English

SPECIFIC QUALIFICATIONS (IF REQUIRED)
-----------------------------------------

• Possess experience in external auditing / internal auditing / credit / risk / compliance / internal control / operations in the financial services industry. Experience in Custody and Fund Administration is preferable and auditing experience will be a plus.
• Possess a Bachelor's / Master's degree in related disciplines.
• Professional Qualification/Certificate in Audit / Accounting, e.g. CA, CIA, CISA, is a plus.

Skills Referential


Behavioural Skills: (Please select up to 4 skills)


Communication skills - oral & written


Ability to collaborate / Teamwork


Attention to detail / rigor


Ability to synthetize / simplify


Transversal Skills: (Please select up to 5 skills)


Analytical Ability


Ability to manage a project


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


Ability to understand, explain and support change


Ability to anticipate business / strategic evolution


Education Level:


Master Degree or equivalent


Experience Level


At least 5 years

Other/Specific Qualifications (if required)

• Possess experience in external auditing / internal auditing / credit / risk / compliance / internal control / operations in the financial services industry.
• Professional Qualification/Certificate in Audit / Accounting, e.g., CA, CIA, CISA, is a plus.