Job Description

Job Title:

Analyst

Date:

02 Mar 2022

Department:

ORM

Location:

Chennai

Business Line / Function:

RISK

Reports to:

(Direct)

Manager / AVP

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

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.

Located within the RISK Function of BNP Paribas, the role of the Asst.Manager, ORM GSO Chennai is to ensure that the components of the operational risk management framework are implemented and operating effectively in GSO Chennai. To achieve this objective, the 2nd line of defense role works closely with BP2S RISK ORM central teams with regional RISK ORM managers, and with BP2S Chennai managers.

Responsibilities

Direct Responsibilities

The RISK ORM GSO mandate is to independently challenge and supervise the operational risk management framework of BP2S activities as described in the level 2 procedure - Organizational Framework and Governance for Operational Risk Management and Permanent Control Framework.

Contributing Responsibilities

As the 2nd line of defense, Asst.Manager, RISK ORM BP2S Chennai, has the following general responsibilities for the operational risk processes and themes within the scope of RISK ORM including fraud, third-party, and Information and Communication Technology (ICT) risk management.

• Define and consistently apply the BP2S RISK ORM methodologies and procedures (normative framework), and adapt locally as required
• Independently challenge the identification and assessment of the operational risk profile (actual, potential and emerging) and the risk mitigation framework implemented in the operating entities, through opinions, and sign offs where required
• Ensuring effective implementation of the risk mitigation strategies, framework and actions with the 1st line of defense, through follow up of action plans and independent challenge of controls, either through execution of 2nd level controls, or where applicable, through other kinds of controls
• Independently assess and potentially alert key stakeholders on the level of risk and on the risk mitigation framework status
• Contribute to operational risk awareness and training on the risk mitigation framework.

Main Accountabilities of the Role

• Ensure risk assessments are consistent with the BP2S risk appetite, and independently challenge and sign-off on the RCSA produced by local entities or by exception, independent assessment.
• Liaise with regional and Central Risk team to understand priorities and deliverables and ensure the ITP is updated on real time basis.

• Challenge 1st line of defense mainly by the execution of level 2 controls and independently challenge and provide an opinion on the effectiveness of the control framework
• Perform Quality review; independently challenge significant incidents in FORECAST and related remediation plan.
• Conduct thematic reviews promptly with recommendations.

• Ensure the correct implementation and application of Group and BP2S governance (e.g. in terms of Internal Control Committee (ICC) and operational risk management related committees, etc....)

Qualifications

Technical & Behavioral Competencies

Key Behavioral aspects

• Integrity, Ethics and values
• Collaboration and partnering
• Innovation and catalyst

Others

• Individual - confidence and self-motivation.

• Interpersonal - high energy levels, communication skills, teamwork and persuasiveness.

• Managerial - Leadership skills, decisive decision-making, and managing teams and individuals.

• Analytical - The ability to review data and scenarios and make good decisions in a timely fashion

Technical aspects

• Identification and assessment of risk and controls
• Verification and controls assurance
• Independent challenge, quality review and provide recommendations
• Governance, reporting and risk awareness.

Specific Qualifications (if required)

Tertiary-level qualification essential with CA/CWA/CPA qualifications desirable or its equivalent

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Ability to manage / facilitate a meeting, seminar, committee, training...

Analytical Ability

Education Level:

Master Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required).

Audit background will be an added advantage. CA/CWA inter / is an added advantage.