Position Purpose

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

RISK CIB Operational Risk Management (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 GB APAC has responsibility for independently challenging and supervising the Operational Risk management of Global Banking activities in APAC (front to back). This is achieved through: framing Operational Risk methodology for GB and disseminating of Risk Management culture across GB; assessing the adequacy of the GB Operational Risk Management set-up; controlling effectiveness of GB control environment; contributing to the detection, anticipation and response to Risks; alerting GB and RISK stakeholders on any significant Risk issue; providing a consolidated view on GB operational risks profile.

RISK ORM ISPL team resource will fully support RISK ORM GB APAC team to fulfil the above purpose.

Responsibilities

Direct Responsibilities

The RISK ORM GB APAC Operational Risk officer supervises GB Operational Risk (OR) Management framework, according to the RISK OR delegation framework in fORMe.

·       Governance: 

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

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

o   Coordination and constructive contribution with value-adding Risk Opinions in all relevant forums (TACNACs, L/ROMC, AT, etc…) 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 front to end 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 (eg: NAC/TAC 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 / PIs 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 with APAC LoD1 teams

o   Definition, scoping and execution of the independent testing initiatives, in coordination with RISK ORM APAC / Lisbon / 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 CIB risk reporting and consolidated view to metiers, RISK management and supervisors

o   Monitoring and reporting in line with the RISK guidelines

Contributing Responsibilities

·       Awareness / Training / Animation: 

o   Promote and drive awareness of Risk across GB and RISK ORM 

o   Organise and lead Risk meetings, forums and committees 

·       Innovation: 

o   Watch out for innovative ideas and application of new technologies on GB side

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

Technical & Behavioral Competencies

·       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

Specific Qualifications (if required)

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

·       Preferred candidates should possess robust knowledge of Global Banking products         

Skills Referential           

Behavioural 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