Our Mission 

• Founded in 1987, BNP Paribas Factor is a leading player in the factoring market and a member of Factors Chain International (FCI). The company provides solutions to Portuguese exporters in more than 82 countries. As an expert in the management, financing, and risk‑mitigation of receivables and payables, BNP Paribas Factor offers a comprehensive set of products and services designed to meet clients’  needs:
  • Accelerate cash‑inflow for our clients
  • Protect companies against counter‑party insolvencies
  • Optimize the management of both receivables and payables
  • Finance business activity through client‑credit facilities

Our Services

• Factoring services for companies of any size and across all industry sectors, granting them immediate access to liquidity generated by their ongoing operations.
• Credit insurance covering both domestic and international customers.
• Credit‑management and collection services, including the administration of client receivables and the handling of debt obligations.

The organization and information‑system architecture of BNP Paribas Factor are designed to optimize the management of client and supplier invoices. This structure, together with a specialized team, enables a significant improvement in medium‑term collection performance, as well as medium‑term payment performance, thereby generating additional financial earnings.

About the job

• The Permanent Control Officer is an integral part of the risk assessment and weighting system at BNP Paribas Factor. This role is responsible for organizing the Permanent Controls system and supervising, monitoring, and ensuring Operational Risk management. OPC operates the Control framework relating to all operational risks, including Fraud, Third Party, Conduct, Compliance, Regulatory, Information & Communication Technology risks, and others risks types. OPC is responsible for the deployment of internal policies and procedures issued by specialize independent control functions part of Risk teams (2nd Line of Defence), and for the compliance with external regulatory and supervisory requirements.

Your Main Activities Are

• Identify and assess risks and controls (Risk and Control Self-Assessment) by ensuring that key operational units and processes, material risks and risk mitigants are identified
• Perform/drive the risk identification and assessment in liaison with independent control Functions when needed, ensuring validation by the relevant management level and consistency with the defined risk tolerance. Contribute to the definition and follow-up of remediation plan if needed
• Manage Procedures by ensuring 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 Operating Entity. Identify and propose calibration of procedures according to the outcome of the risk assessment and other risk events (HI, control results, external events, Audit missions)
• Implement Controls and action plans: by defining and regularly updating the control plans according to the outcome of the risk assessment, regulations, other risk events (Historical Incidents, control results, external events, Audits). Perform and/or coordinate controls according to this control plan. Ensure that control results are reviewed and analysed by the Management and when relevant by operational teams / relevant stakeholders and that remediation action plans are defined if and when needed. Input in Group tools the control results and major action plans. Follow-up the implementation of remediation actions
• Document findings, recommendations and permanent control actions: Upon notification/receipt of reports, organise the follow-up of the findings and recommendations, either issued internally (e.g. IG supervision) or externally (external auditors, supervisors) and ensure that they are closed within due date
• Manage historical incidents by alerting the management and the independent control functions if needed on key incidents. Collect incidents (including impacts measurement), report and update in the incidents database, including suspected and attempted fraud cases. Analyse incidents in a timely manner and define, jointly with the relevant stakeholders, the correctives measures be implemented to mitigate risks. Follow-up and /or initiate the implementation of remediation actions and the unfolding of long term incidents. Perform controls on the incident collection process, in particular the cross-check with other databases (accounting or other when existing) and the half-yearly attestation by the local management
• Provide Management support and governance by active contribution (or organization) to any committee on Operational risks and Permanent Control committees. Alert and escalate to the relevant level of management any operational risk incident and/or any recurring weakness. Perform periodic and ad-hoc reporting to the appropriate level of management as well as to independent control functions. Ensure an appropriate training on Operational risks and Permanent Control framework is provided to employees

Profile and Skills to Success

• Bachelor's (3-5 years) in Business Management, or Economics, Finance and Accounting
• Fluency in English
• Good notions of Economics
• Advanced knowledge of Microsoft Office tools, namely Excel and PowerPoint
• Communication skills - oral & written

Organization and Environment

The OPC will perform duties under the hierarchy of the OPC Manager for BNP Paribas Factor Iberia and France and the Spanish branch. In the absence of the local OPC and to ensure daily operational continuity, the Portugal/Spain OPC team will maintain activities for both entities. The role requires frequent internal contact with the Commercial, Client Relationship Management, and Risk Departments, and external contact with the matrix, Compliance, and BNP Paribas’s network.

Why joining BNP Paribas?

· Leading banking institution

· Our presence in Portugal

· International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:

• Retail Banking, a division that brings together all of the Group’s retail activities and specialized business lines;
• Investment & Protection Services that include specialized businesses offering a wide range of savings, investment and protection services;
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusion commitment

· Commitment towards work/life balance

· Remote Working Conditions

* Please note that only applications submitted in English will be considered.

* In case you are selected for this role, further documentation will be requested to support your hiring process.