About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business line/Function:

Finance is one of the Key Support Function responsible for the Financial Control of the organization. The Key activities handled by the team includes, Expenses Management, Banking, Fund Management, Financial Accounting & Reporting, Compliance Management, Tax Operations, Invoicing and Collection, Audits and responsible in producing the Financial Statements of the entity.

Job Title:

Manager / AVP – Risk & Control - Finance

Date:

August 2025

Department:

ISPL Financial Control

Location:

Mumbai

Business Line / Function:

Finance

Reports to:

(Direct)

Head – Financial Control

Grade: 

(if applicable)

(Functional)

Number of Direct Reports:

NIL

Directorship / Registration:

NA

Position Purpose

The position of this role – Risk and controls (R&C) Function within the Local Finance Team is required to proactively identify, manage, and mitigate financial and operational risks at the local function level. This role will enhance the Local Finance Team’s ability to achieve its objectives while ensuring regulatory compliance, safeguarding assets, and promoting efficient and effective financial operations.

This function will support the Local Finance Team in managing risks and ensuring proactive adherence to organizational standards and local regulatory requirements, thereby improving the reliability and integrity of financial processes. Additionally, the function will act as a bridge between external reviewing team (inclusive of teams within and outside BNP) and the teams within ISPL Local Finance department as SPOC and coordinator during audits

Responsibilities

Direct Responsibilities

1.  Identify and Assess Risks: Recognize and evaluate risks specific to the Local Finance Team’s operations, transactions, and reporting processes.

2.  Develop and Maintain Effective Controls: Implement controls to reduce the impact of identified risks and enhance financial reporting accuracy.

3.  Ensure Compliance: Ensure that local financial operations align with applicable regulatory standards, organizational policies, and internal controls.

4.  Support Financial Integrity: Improve the integrity and reliability of financial data through risk mitigation practices.

5.  Promote a Risk-Aware Culture: Foster a proactive risk management mindset within the ISPL Local Finance Team.

6.  Collaboration with OPC and 2LoD: To act as a coordinator for all the communications between ISPL Finance and other controllers and ensure adequate adherence for the highlighted compliance.

7. Local Financial Operations: Covering activities specific to the Local Finance Team, including financial reporting, invoicing, accounting, expense review & Cashflow management.
8. Local Compliance: Ensuring compliance with local regulations, tax laws, and reporting standards.
9. Risk Monitoring and Incident Reporting: Establishing processes for continuous monitoring of risks and prompt reporting of control failures or incidents within the local context.
10. The Risk analyst Conducts regular assessments, tests controls, and supports with performance of controls segregated from other Local Finance teams. 
11. Manage any requests from the Group and ensure a smooth stake holder management.

Core Responsibilities

·  Risk Assessment and Mitigation: Identify and assess risks specific to local operations, design control measures, and implement risk mitigation strategies.

·  Control Testing and Monitoring: Conduct periodic testing to ensure controls are effective, report gaps, and recommend improvements.

·  Compliance Management: Track local regulatory requirements, ensure compliance, and collaborate with the Compliance department on any changes in laws or standards.

·  Fraud Prevention: Establish and maintain fraud detection and prevention controls to secure assets.

·  Documentation and Incident Reporting: Document incidents or control breakdowns, report findings, analyze root causes, and recommend corrective actions.

·  Training and Awareness: Conduct regular training to build awareness of risk management practices within the Local Finance Team.

·  Collaboration with Risk ORM, OPC and 2LoD teams: To act as a conduit between ISPL Finance team and other teams for any reviews and controls monitoring.

·  Incident Management and Reporting: To report all sort of incidents in 360 tool and ensure adequate reporting and risk coverage.

Other contributing responsibilities will include end-to-end coordination with the team, providing support to Internal and Statutory audits and bring a robust control in each of the processes to ensure clear accomplishment of tasks with less / minimum exposure to risk.

Technical & Behavioral Competencies

§  Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills and expertise in subject Knowledge.

§  Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

§  Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.

§  Excellent communication skills and able to manage stressed work environment.

§  Strong Result oriented and self-driven.

§  To be prepared to travel as required as the team is split between Chennai and Mumbai

Specific Qualifications (if required)

Chartered Accountant (CA) with 10 to 12 years of post-qualification experience in relevant industry

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Creativity & Innovation / Problem solving

Attention to detail / rigor

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to inspire others & generate people's commitment

Analytical Ability

Ability to understand, explain and support change

Ability to develop others & improve their skills

Education Level: 

 Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)