PERMANENT CONTROL COORDINATOR

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 specialized 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:

Within the BNP Paribas India Solutions Pvt Ltd (“ISPL”) Organization, the OPC (Operational Permanent Control) is a key component of the first line of defence as regards the management of Operational risk and permanent controls of the Operating entity (OE).

OPC is under the management of the Head of Conduct & Controls and works in close relationship with the relevant OE teams.

Job Title: PERMANENT CONTROL COORDINATOR

Department: Operational Permanent Control

Business Line / Function: ISPL Client Engagement & Financial Security (CEFS) OPC

Grade: ASSISTANT MANAGER

Position Purpose:

Operating entities organize their Operational Risk Management and their Permanent Control framework on a risk-based approach. The intensity of the framework and its governance should be commensurate with the materiality of the entity and its operational risk exposure.

In order to achieve this, designated Operational Permanent Controllers manage and drive the operational risks and permanent controls as required under the Group internal control and operational risk management framework.

Responsibilities: Main responsibilities are to implement the operational risk management framework and monitor the operational risk related to OE’s Financial Security related activities. Hence, OPC will analyze control results and incidents to identify main operational risks and follow the associated mitigation/remediation actions (including recommendations). OPC will be also responsible for the improvement of the overall internal control mechanisms to ensure compliance with BNPP Group standards.

Direct Responsibilities:

· Conduct periodic controls assessments as per the Local Control Plan across all the process areas. Raise any non-compliance and follow up of the corrective actions until closure.

· Adv ise the status of the control environment. Use findings of control weaknesses to drive risk management and process & control improvement

· Analyse incidents in a timely manner and define, jointly with the relevant stakeholders, the corrective measures which must be implemented to mitigate risks.

· Ensure tracking of permanent control actions and incident remediation actions to closure.

· Record all the control results and incident investigation report in the internal risk management and monitoring tools.

· Coordinate, manage and follow up of internal and external audit findings and recommendations, including recommendations from governing authorities.

· Conduct Operational Risk Committee and other governances to the Senior management and key stakeholders to present key risk indicators.

· Contribute to the risk assessment of the operational businesses.

· Liaise with the Onshore / Local OPCs and contribute to risk awareness and bring into the spotlight key areas of focus/attention

· Closely collaborate with LOD2 by attending regular meetings and sharing relevant information.

· Ensure that Group procedures requirements are implemented locally, complemented with local specificities (regulations, tools organizations, …)

· Ensure respect of the BNPP standards of Code of Conduct.

· Strive for continuous process improvements and automation in the daily work process

Contributing Responsibilities

· Develop strong relationships with key stakeholders and business partners by addressing issues/concerns in timely manner.

· Ensure performance of transversal tasks as assigned.

• Actively contribute to the various risk management initiatives driven in the department.

Technical & Behavioral Competencies

Technical:

· University Graduate / Postgraduate / MBA with minimum 7 years of experience in Banking/Financial Industry with strong Operational Risk domain knowledge and experience in Controls, Incident Management, RCSA, Audit and Compliance.

· Excellent working knowledge of various Payment messages and types, Sanction Screening, Trade Life Cycle, Transaction Monitoring, Standard Settlement Instructions KYC Due Diligence, Client Referential Data Management,

· Good knowledge of FATF guidelines and recommendation 14, SWIFT, FENERGO, ACTIMIZE

· Sound knowledge of MS Office tools (Excel, Word, PowerPoint).

· Proficient in communication and correspondence through emails, calls, meetings, etc.

• Knowledge of Power BI and involvement in AI related initiatives will be an added advantage.

Behavioral:

· Change agent with exemplary attitude: - innovative, enthusiastic, rigorous, execution oriented

· Ability to grasp knowledge and demonstrate good application skills

· Attention to detail

• Ability to build strong working relationships with stakeholders across first and second lines of defense

· Ability to own tasks with limited supervision

· Fluent oral and written communication

· Good comprehension, presentation and interpersonal skills

· Analytical approach towards problem solving and control mindset

• Coordination and multi-tasking skill

Skills Referential

Behavioural Skills:

Attention to detail / rigor

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Communication skills - oral & written

Transversal Skills:

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to anticipate business / strategic evolution

Education Level: Bachelor/Master Degree or equivalent

Experience Level At least 7 years

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