Position Purpose
Within the BNP Paribas India Solutions Pvt Ltd (“ISPL”) Organization, the OPC (Operational Permanent Control) correspondents for the IT/Operations/Functions/Financial Shared Services perimeters is under the management of the Head of Conduct & Controls and works in close relationship with the relevant Operational Entity (OE) teams.
The operational permanent controllers (OPC) have a key role in the first line of defence regarding the management of operational risks and permanent control.
Main responsibilities are to implement the operational risk management framework and monitor the operational risk related to OE’s activities. Hence, OPC will analyse control results and incidents to identify main operational risks and follow the associated mitigation/remediation actions (including recommendations).
OPC will be also responsible for the improvement of the overall internal control mechanisms to ensure compliance with BNPP Group standards.
Responsibilities
Risk management
- Participate to the definition and to the regular update of the Central Control Libraries (CCL), of the Local Control Plans (LCP) that adapt Generic Control Libraries (GCL) and take into account additional specificities related to risks assessments, regulation, or other risk events (historical incidents, control results, external events, audit missions, etc.).
- Execute and/or coordinate controls according to these plans.
- Ensure that control results are reviewed and analyzed by the management of the entity and when relevant by operational teams / relevant stakeholders and that, according to the results, action plans are defined if needed.
- Input the control results or ensure correct input of the control results as well as self-identified action plans elaborated by the first line of defense in the Group tools.
- Ensure tracking of permanent control actions and incident remediation actions to closure.
- Advise the status of the control environment. Use findings of control weaknesses to drive risk management and process & control improvement.
- Coordinate, manage and follow up of internal and external audit findings and recommendations, including recommendations from governing authorities.
- Ensure adherence to reporting in all tools.
- Develop strong relationship with key stakeholders and business partners by addressing issues/concerns in timely manner.
- Work closely with Central OPC teams to ensure that guidelines established centrally are adapted.
Risk governance
- With the other ITO OPCs, contribute to the risk awareness within ITO and bring into the spotlight key areas of focus/attention.
- Participate in the Permanent Control Committees and ISPL Internal Control Committee, ensuring clear reporting of control results, incidents, key risks, etc.
- Liaise with the Onshore / Local OPCs and contribute to the risk awareness and bring into the spotlight key areas of focus/attention.
- Closely collaborate with LOD2 by attending regular meetings and sharing relevant information
Regulations, Procedures and Code of Conduct
- Ensure that Group procedures requirements are implemented locally, complemented with local specificities (regulations, tools organizations, …)
- Ensure that the procedures designed by the businesses and functions are identified, updated, properly stored and communicated to the relevant stakeholders within the OE.
- Ensure respect of the BNPP standards of Code of Conduct
Technical & Behavioral Competencies
- Minimum 7 years of collaborative experience in Global Market Operations & Operational Risk.
- Knowledge on Trade Life Cycle is required. Experience in Settlements would be a plus.
- 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 as part of a team.
- Ability to make independent decisions.
- 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 7 years
