Job Description APAC
Job Title:
Manager
Date:
Department:
ORM
Location:
Chennai
Business Line / Function:
RISK
Reports to:
(Direct)
Head of RISK ORM
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
2
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.
The Manager, RISK ORM BP2S Chennai will report hierarchically and functionally to the Head of RISK ORM GSO - Chennai. The RISK ORM perimeter includes all operational risks for business processes, which are performed in Chennai.
Located within the RISK Function of BNP Paribas, the role of the Manager, RISK ORM GSO Chennai, is to ensure that the components of the operational risk management framework are implemented and is operating effectively in GSO Chennai and Mumbai.
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, the 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
- Qualitative Check & Challenge of 1st line of defense mainly by the execution of level 2 controls and RCSA to provide an opinion on the effectiveness of the control framework as per Group guidelines.
- Independently challenge significant incidents in Risk tool and related remediation plan.
- Proactively propose and 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.)
- Promote Risk awareness and Risk culture of operational risk management across GSO teams
- Ensure management reporting and Dashboard either to local management or to the Group are reported on time.
- Proactive risk anticipation and raise alert on key risk topics thereby bringing in significant management attention and propose remediation.
People Responsibilities.
- Provide conducive work environment for a healthy working atmosphere in a competitive environment.
- Upskilling team member's basis the skill matrix and PDP follow through.
- Promote training awareness, recognize team members, value their contribution and provide opportunities for growth and mobility.
- Fair dealing with staff members on day to day business deliverables and ensure administrative aspects including attendance, training and continuous feedback are totally intact.
Technical & Behavioral Competencies
Key Behavioral aspects
- Integrity, Ethics and values
- Collaboration and partnering
- Innovation and catalyst
- Building capability
- leading by example, influence and impact
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
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Decision Making
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 10 years
Other/Specific Qualifications (if Required).
Audit background will be an added Advantage. CA/CWA inter / is an Added advantage.
Tertiary-level qualification essential with CA/CWA/CPA qualifications desirable or its equivalent
Primary Location
IN-TN-Chennai
Job Type
Standard / Permanent
Job
RISK
Education Level
Master Degree or equivalent ( 4 years)
Experience Level
At least 10 years
Schedule
Full-time
