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Senior Associate/ Assistant Manager OPC

3-5 years

Mumbai

Senior Associate/ Assistant Manager OPC

BNP Paribas

posted 1 week ago

Job Description

Responsibilities
For the scope of Global Banking Business (Transaction Banking, Loans Syndication, Global Capital Market and Corporate Coverage Group) Operational Risk & Permanent Control (OPC) staff belongs to the first line of defense defined by Group & CIB procedures which is responsible for the implementation of an Operational Permanent Control framework covering the identification, measurement and management of Operational Risk. The OPC staff is also responsible for some of the transversal non-financial risks elements in line with the governance.

Direct Responsibilities
For the performance of its mission, OPC staff will:
comply with the regulatory obligations of BNP Paribas, with General Management instructions and with market
best practices
act under the oversight of the independent second level of defense, the Risk ORC teams.
define, analyse and maintain oversight on different key performance and risks indicators.
assist in the preparation of the 6 monthly USD CPO reporting.
any other tasks related to the CCCO tasks that need to be performed from time to time e.g. procedure mgt, etc.
fully support the first line of defense by performing monitoring tasks like:
o assisting with the Control plan deployment, update and decommissioning.
? Ownership / oversight / challenge of reason for update
? Obtain LOD1 CCCO / COO / LOD2 validation.
? Collating approvals & Complete template for create / amend / delete
o assisting with the world wide CCL maintenance committee.
o Support the execution of ex-post testing on some controls as necessary

Contributing Responsibilities
In the above framework, under the responsibility of the Head of OPC for APAC Global Banking & ISPL Manager, the key
responsibilities are to:
Perform OPC control testing for Regional Team, Singapore, Hong Kong and other APAC Territories.
Execution of the controls as per the definition
Report control results in ORUS
Escalate any anomaly ahead of the deadline
Report the control result to the team manager
Set action plans for remediation with stakeholders, validated by team manager and create the same in
the Risk360 system.
Monitor the action plans, determine any control gaps or areas that require improvement to effectively
address the risks
Propose enhancement of controls description / checkpoints, scope for decommissioning, automation, etc.
Monitor and report for the activities under his/her scope for APAC countries:
Status of implementation of audit findings/recommendations assigned.
Timely and clear communication with onshore OPCs to respond to queries, escalations, extensions of
controls, etc.
Consolidate monitoring and analysis of related action plans, including the validation Business COO / Business
Manager.
To ensure that the control quality addresses feedbacks received from independent reviews and governance with
territory OPCs

Technical & Behavioral Competencies
Follow and spread the BNPP driving forces which are Agility, Client Satisfaction, Compliance Culture and
Openness.
Excellent interpersonal and communication skills in English
Takes initiative and is results driven
Strong analytical skills
Act with integrity
Strong team player
Show a continuous improvement mindset & problem solving mindset
Provide excellence in term of quality of deliveries and quality of service
Able to work under pressure

Employment Type: Full Time, Permanent

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What Assistant Manager at BNP Paribas are saying

3.5
Rating based on 162 Assistant Manager reviews

Likes

It has Beena good experience so far, they are a people friendly organisation . people are good, management if friendly. They hear you out in case of difficulties. that's what is important

  • Skill development - Excellent
  • +4 more
Dislikes

Basic salary component is very low so HRA exemption cannot be claimed. LTA is part of salary component. however they give other benefits like food allowance, WFH allowance

Read 162 Assistant Manager reviews

Assistant Manager salary at BNP Paribas

reported by 1.5k employees with 5-15 years exp.
₹10.7 L/yr - ₹20 L/yr
65% more than the average Assistant Manager Salary in India
View more details

What BNP Paribas employees are saying about work life

based on 1.8k employees
56%
90%
70%
90%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

BNP Paribas Benefits

Free Transport
Cafeteria
Health Insurance
Work From Home
Soft Skill Training
Job Training +6 more
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BNP Paribas Mumbai Office Locations

View all
Mumbai Office
BNP Paribas India Solutions Pvt. Ltd, Unit No.601, 6th Floor, Infinity Building No.4, Off Film City Road, Malad East Mumbai
Maharashtra 400097
Mumbai Office
BNP Paribas Wealth Management India Pvt. Ltd, BNP Paribas House, 1, North Avenue, Maker Maxity, 6th floor Bandra Kurla Complex, Bandra (East) Mumbai
Maharashtra 400051

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