RISK ORM Operational Risk Officer

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the teams goal.

RISK CIB Operational Risk Management ISPL (RISK ORM CIB) acts as the second line of defence of BNP Paribas Corporate and Institutional Bank (CIB). It belongs to the Group RISK Function of BNP Paribas and placed under the responsibility of the Chief Operational Risk Officer for CIB.

RISK ORM ISPL has responsibility for independently challenging and supervising the Operational Risk Management of Client Engagement & Protection (CEP) and Global Banking (GB) activities in ISPL. This is achieved through:

o Framing Operational Risk methodology

o Disseminating of Risk Management culture across CEP & GB

o Assessing the adequacy of the CEP & GB Operational Risk Management set-up

o Controlling effectiveness of CEP & GB control environment

o Contributing to the detection, anticipation and response to Risks

o Alerting CEP & GB and RISK stakeholders on any significant Risk issue

o Providing a consolidated view on CEP & GB operational risks profile

Responsibilities

The RISK ORM Operational Risk officer supervises Client Engagement & Protection (CEP) and Global Banking Operational Risk (OR) Management framework

Governance:

o Prepare, organise and secretariat the committees at CEP & GB level in liaison with the relevant teams

o Contribute to RISK, RISK ORM, CEP & GB global initiatives (e.g. projects)

o Coordination and constructive contribution with value-adding Risk Opinions in all relevant forums and follow up of derived actions

o Contribution to transformative projects and initiatives with impact on the risk profile of the metier and in RISK

Risk Identification & Assessment:

o Maintenance and update of a view & understanding of the risk profile of the metier fed by the different streams, based on the data available from other streams (Incidents, Independent Testing, etc)

o Monitoring, comprehensive reporting and timely escalation of incidents (significant, non-significant and notable) in collaboration with the relevant RISK ORM counterpart and / or others (LoD1, Compliance, Legal)

o Assist and advise the LoD1 on the extension of ORM framework, and ensure its compliance with Group and CIB guidelines, as well as its appropriate calibration to manage key risk areas especially on RCSA, GCL definition, execution and monitoring

o Challenge and verify CIB risk identification, ensure the consistency of incidents quantification, conduct independent risk assessment (incident review, postmortem analysis), and validate closure of permanent control actions

Challenge & Sign Off:

o Oversee of the risk treatment process (risk acceptance, risk transfer, risk remediation) performed by CIB, provide inputs to onshore team to give opinion in co-decision committees (e g: LOMC/ROMC or similar) leading to escalation in case of disagreement, challenge and sign off on CIB risk profile, key decisions and remediation plans

o Ensuring materialization of the risk profile in the RCSAs / GCLs as per guidelines

o Continuous monitoring, check and challenge of all RCSAs and GCLs/CCLs for timely updation

Independent Testing:

o Establish and conduct the generic 2nd level control plan for the responsible scope

o Propose independent testing, thematic controls, local assessments and oversights

o Ensure seamless coordination of the roll out of the independent testing plan

o Definition, scoping and execution of the independent testing initiatives, in coordination with RISK ORM - Other Regions, HUBs and Global

o Alert on attention points resulting from first and second level controls and propose potential improvements

o Follow up for timely closure of permanent control actions, IG and supervisory recommendations for the Metier

Risk Reporting, Monitoring & Alert:

o Provide independent ISPL risk reporting and consolidated view to metiers, RISK management and supervisors

o Monitoring and reporting in line with the RISK guidelines

Awareness / Training / Animation:

o Promote and drive awareness of Risk across CEP and GB

o Organise and lead Risk meetings, forums and committees

Innovation:

o Watch out for innovative ideas and application of new technologies

o Watch out for trends and market disruptions and detect emerging opportunities

Team player - focus on the success of the whole team. Working well both with others, as well as individually.

Good stakeholder management skills.

Good listening and analytical skills - being able to come to a thoughtful and business focused conclusion quickly.

Ability to co-operate and work well with others adopting an approachable style - important as we work closely with a large and diverse set of stakeholders.

Demonstrating a calm professional approach, with a good understanding of delivery within time constraints and the need to escalate / inform departmental management as appropriate.

Adapting personal approach to suit situations, individuals, groups and cultures with flexibility.

Taking accountability for their actions and be open and honest when things have gone wrong and celebrating successes when things have gone well.

Being rigorous and thorough - especially when logging and tracking issues through to conclusion.

Ability to manage their workload as to meet the realistic targets and priorities set in conjunction with management.

Demonstrating a high-level of commitment and self-motivation, combined with enthusiasm and a genuine interest in the role of Risk Assessment in business.

Ability to express views clearly and fluently, both orally and in writing. Considers the audience, avoiding technical jargon wherever necessary and appropriate. Excellent executive presence.

Fluent English

University master graduate or equivalent with at least 8 to 10 years of relevant experience in Operational Risk, control functions, preferably with relevant exposure to consulting or audit background or Operational Permanent Control (OPC)

Preferred candidates should possess robust knowledge of Client Onboarding, Referential, KYC, Client Services and other Global Banking products (Cash Management, Trade Finance, Credit Operations etc)

Skills Referential

Behavioral Skills: (Please select up to 4 skills)

Critical thinking

Personal Impact / Ability to influence

Ability to deliver / Results driven

Ability to collaborate / Teamwork

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to set up relevant performance indicators

Ability to anticipate business / strategic evolution

Ability to understand, explain and support change

Ability to manage a project

Education Level:

Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)